There are two distinct methodologies involved in risk management: qualitative (policy making) and quantitative (numerical) analysis. In the past, quantitative risk management was restricted to the realms of insurance and finance. Scenario analysis is the common system of deducing risk management. This method evolved into various forms based on the needs of each industry, past experience and guess work.
But this technique does not allow firms to obtain any degree of certainty. As a result, important decisions are made by guesswork, lowest potential losses or the shortest return to profitability. The optimal decisions are often disregarded because of flawed decision analysis.
At Real Consulting, we run millions of simulations to determine every possible outcome and the likelihood of them occurring. Our analysis enables clients to formulate strategies to determine optimal decisions or to hedge against future events, whatever they may be. We consolidate our analysis into a simple report that lays out clear strategy maps that can be easily followed by management. To ensure our clients have a full appreciation of our models and methodologies, we even leave behind our models and train your analysts to carry out future analysis.
Depending on the need, consultancy assignments will be performed by local consultants or a team of global experts lead by experienced experts from Real Consulting. This way, you will be able to access the best minds and the best expertise from around the globe. Our proven methodologies empower our clients to take control, ensuring successful and optimal decisions. Real Consulting is the leading authority in calculating the risks your business cannot control, and has pioneered this unique service. The end product is a system that considers the fundamental elements of every possible risk, based on fact rather than guesswork.