Services

a) Development of Risk Management Framework
The purpose of a risk management framework is to assist an organization to integrate risk management in its day to day processes and make it a routine activity. We identify and evaluate the risk through a consultative process agreed with the client.

b) Risk Assessment

FirstIdea Consulting helps organizations with risks assessment by helping the organization identify the risks.


c) Risk Policy Documentation

FirstIdea Consulting develops tailor made risk management policies for organizations. The risk management policy will address various aspects including why the risk management should be undertaken: identify who within the organization is to undertake it and how it will be done in reference to the framework while factoring internal functions. The risk policy will outline the purpose, objectives, scope, related and supporting policies, its degree of confidentiality, the frequency of its review and the date it was last updated.


d) Risk Monitoring

FirstIdea Consulting helps an organization track potential risks using an online risk register to monitor risk. The tool is used to prepare status reports for the organization board. The tool subsequently assists with the process of monitoring the risks and communication to the relevant stakeholders.

e) Risk reporting

FirstIdea Consulting a report is shared with the end results and the organization is provided with a departmental risk register and overall corporate risk catalogue. This is critical for an organization to keep abreast with all risk aspects of the organization.


f) Setting up of Risk departments

FirstIdea Consulting helps organizations set up risks departments within their organization that will help in the continuity of monitoring and mitigating risks on a day to day basis.


g) Risk Tab

This is a cloud-based risk management system that tracks and monitors risks over the long term. The system generates the following reports: a risk heat map, a linear tracking report, departmental risk registers and the corporate risk register.

a) Training of Boards

We provide a two-day training programme for board members. The training is aimed at assisting the board members understand risk they face and mitigation measures at their disposal.


b) Monthly risk trainings

We offer free one-hour monthly sessions on zoom that train different professionals on risk management.


c) Tailor made trainings

We offer trainings for different organizations based on the organization need and capacity.


d) Risk Champion trainings

We offer three-day training programme for risk managers and champions. This is a practical course that assists champions to manage risk on a daily basis.

a) Board Training

We offer training for organizations boards on the roles of the board and the effectiveness of a board for the organization.


b) Preparing of Board Manuals

We assist organizations in the developing of board manuals and charters that guide different boards.


c) Developing of Governance Policies

We assist organizations in the development of governance policies.

a) Payroll Management using AREN

Our payroll system will help you manage your staff data and protect the information form the risk of exposure to unauthorized parties. Payroll information contains a lot of personal information regarding your staff members. It is prudent to reduce the amount of risk to the organization, exposed by personal information, by outsourcing the payroll function to an independent service provider. Our payroll services will help you reduce the risk of exposing confidential information; impact knowledge on personnel who deal with payroll matters; guide you towards complying with statutory requirements as per timelines and accuracy of computations; dispatch to your staff, pay-slips in either/both hard and soft copies; update your itax record as pertains PAYE, NSSF, NHIF and HELB deductions.


b) Development of HR Policies

FirstIdea Consulting assists organizations in the development on HR policies.


c) Staffing and Recruiting

FirstIdea Consulting assists organizations with staffing and recruitment processes and finding ideal personnel with the skills and knowledge for the position required.

a) Linking businesses to finance

FirstIdea Consulting is passionate about Women SMEs and we walk with them to assist them to access finance beforehand ensuring that they have all the requirements needed before approaching a financial institution like banks, saccos, digital lenders etc.


b) Equity/ Debt advisory

FirstIdea Consulting assists Women SMEs with information on debt access.