Fleet Risk Profiler Overview

Fleet Risk Profiler™

Overview

Risk Frisk Ltd Risk Frisk® is a registered trade mark. © Copyright 2008 Risk Frisk Ltd Fleet Risk Profiler™ - October 2008 Page 1

Broad aims
• Provides ability to assemble, implement and
measure fleet risk loss control practices in line
with organisational, risk and corporate
governance policies.
• Improve business performance and
management control.
• Identify, quantify and qualify operational and
process risk factors enabling management to
obtain strategic and competitive advantage.


Risk Frisk Ltd Risk Frisk® is a registered trade mark. © Copyright 2008 Risk Frisk Ltd Fleet Risk Profiler™ - Oct 2008 Page 1

How is it different?

• Wide range of risk areas.
• Risk management across fleet & related operations
including supply chain.
• Multi site, division and corporate performance
measures.
• Combines disparate risk control methods/measures
within organisation into one tool.
• Enables advanced risk reduction planning.
• Online internal and external benchmarking.


Coverage
• 16 risk profile factors create operational risk
profile
• 8 risk areas cover all fleet & related risks:
Vehicles, Drivers, Loads, Site, Journey, Environment,
Management Support and Organisational Aspects
250 + risk elements cover all levels of risk & process
6 Status questions:
• Risk identification & assessment, Policies &
procedures, Communications & training,
Monitoring & review, Metrics, Organisational



Methodology principles
• Based on risk management principles.
Validity:
• Risk based not legal compliance
• Site performance based on relevant risks
Reliable:
• Extensive research used to create content
• International testing used to establish reliability of results
Consistent:
• Flexible but consistent across time and location
Useable:
• Creates organisation wide fleet risk management system
providing management control of operations and supply chain
• Risk reduction plan to suit the organisation needs


Benefits - 1
Inputs Outputs/Value
Use for multiple sites and supply Clear comparison and
chain prioritisation of risks by area
Comprehensive coverage of all Legal (de facto) compliance and/or
fleet & related risks defence
Users review each risk against Accuracy, ownership and
their own operations accountability
Process evaluates each risk by Clear prioritisation and ranking of
risk managing status risks by danger.
Identify priorities for action



Benefits - 2
Fast-tracks the auditing of Reduced time and cost of
multiple sites & supply chain organisation wide auditing
View online at site, division, area Real-time availability of progress
and corporate levels status and results
Internal & external benchmarking, Set risk appetite at site, division,
including comparable fleet area & corporate levels using
industry sectors internal and external comparators
Non-prescriptive action planning Determine action priorities based
guidance on individual sites, overall results,
benchmarking, budgets and
pragmatism
Reports provide different Usable for corporate reviews, goal
types/levels of general and setting and performance
detailed analysis management. Real control

Benefits - 3
Wide range, depth and state of Macro enterprise-wide risk
fleet & related risks management & control
Application up/down whole Added value service and
supply chain protection to existing & potential
clients
Supply chain risk management Due diligence, ongoing risk
assessment and price point
pressure on supply chain partners
Application of Profiler™ is self- Manage process internally, in
managing after initial registration accordance with organisational
completed priorities and pressures
Multiple user facility to spread Facilitates the use of risk area
input activity specialists and reduces the per
user input level/bottleneck


Benefits - 4
Detailed Profiling™ and risk Drives reduction in incidents,
assessment insurance costs and operational
losses
Identify actual and underlying Right sized relevant and cost
causes of risk exposure. effective solution
Sites only assessed against their
‘relevant’ risks, not artificial target
Use risk-based content, without Application Internationally,
reference to ‘legal compliance’ enabling wider application of risk
management and benchmarking
Multi-year usage Builds value and maximises return
on investment
Massive value to cost ratio Investment level low compared to
total value added.

Outputs

• Management overview
• Detailed operational report
Overview
Risk areas
Status
• Benchmarking options
Internal
External


Fleet Risk Profiler Overview

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