Business and Risk Advisory
Economic volatility, technology disruptions, tougher market competitions, as well as tougher governance, risk, and compliance requirements are driving companies to shift their paradigm on risk management. While achieving compliance is mandatory, the leaders have realized that properly managed risk can impact the bottom line. Effective governance, risk, and compliance practices enable businesses to make better-informed decisions about the challenges and risks they want to take on, and how the resources should be managed to maximize impact. However, they will need a comprehensive and sustainable approach to risk.
At Altha, we believe that transforming risk into not only compliance but also results would need a comprehensive, multifaceted approach. We start with simple and quick solutions to support your immediate requirements for compliance and expand our breadth and depth of future solutions through an understanding of your situation and needs. We understand that harnessing the benefits of risk management should consider not only process but also people and technology. That is why we built a wide range of risk service offering that brings together those perspectives. From simple compliance solutions such as ISO 27001 compliance to time-sensitive solutions such as cyber security review and IT Audit, we also offer fundamental transformations to risk through enterprise risk management, IT governance, or IT service management transformations.
We define a new DNA of the new Risk aspects from business point of view has to offer.
Nowadays, companies are faced with mounting challenges and risks as a result of increased market competition, continuous technological advancement, and changes to the regulatory environment. All these factors affect business survival and success, at the same time, make managing risk and maintaining good corporate governance more complicated and important.
We provide risk management consulting services that are relevant and focused on our client’s specific requirements and customized based on clients’ needs and business nature. We help our clients identify and minimize their risks while simultaneously achieve strategic goals by improving business processes and operational efficiencies as well as enhancing corporate governance. Our risk advisory team at Altha consists of qualified and experienced professionals and comes with a strong background in relevant commercial experience
As the competition between every business increase, clients are required to keep assessing and changing their business strategies for success, which includes realignments or fundamental changes in the client’s business operations or functions. We assist our clients to create and implement a strategic plan to better align with the clients’ business strategy and vision.
Digital Business Strategy
Digital business strategy is the application of digital technologies to business models to form new differentiating business capabilities. In the future, all business strategy will be digital strategy. We assist our clients discovering potential digital strategy to accommodate further market penetration that is relevant with the ever-growing technology advancement in business atmosphere.
Long-Term Corporate Planning (RJPP Preparation)
A business strategy is a set of competitive moves and actions that a business uses to strengthen performances, attract customers, compete successfully, and achieve organizational goals. Under the Minister of State-Owned Enterprises (BUMN) Decree No: KEP- 102/MBU/2002 on Preparation of Long-Term Plan for State-Owned Enterprises, BUMNs must prepare their RJPPs. We assist our clients to prepare RJPPs in accordance with the clients’ ultimate goals and objectives
Business Process & Performance Improvement
Performance improvement is measuring the output of a particular business process or procedure. We assist our clients to identify the fundamental performance issues in an organization and implementing solutions to resolve those issues and ensure that our solutions are suitable to and can address the clients’ recurring issues or problems
A comprehensive, carefully thought-out business plan is essential to the success of corporate managers or business leaders. Whether you are starting up a new business, seeking additional capital for existing product lines, or proposing a new activity in a corporate division, you will never face a more challenging writing assignment than the preparation of a business plan. Therefore, we provide our service to help our clients constructing a comprehensive business plan that is not only justifiable on the paper but also practicable on the action.
A feasibility analysis is used to determine the viability of an idea, such as ensuring a project is legally and technically feasible as well as economically justifiable. We assist our clients to uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present objectively and rationally in the environment, the resources required to carry through, and ultimately the prospects for success
Business resilience is the ability of an organization to anticipate, prepare for, respond to, and adapt to both incremental changes and sudden disruptions from an external perspective. We assist our clients to validate and implement a robust and effective framework, processes, procedures and tools of business resilience. Also, we assist our clients to respond to business disruptions in a better, effective, organized and professional manner.
Technology risks are constantly growing and evolving which might adversely impact a business. We assist our clients to manage technology risks during significant business transformations through the development of clients’ policies and standards and managing the interface between the clients’ business and the clients’ IT
Enterprise Risk Management & Risk Culture
We assist our clients to develop and implement strategic enterprise risk management and help client to manage and mitigate risk appropriately across the enterprise. We identify and assess possible risks in their business, develop strategic enterprise risk management with the best-practice approach that fits into our clients’ culture and help our clients to manage and mitigate risks appropriately.
Operational Risk, Compliance and Controls
We assist our clients to create strategies, with distinctive insight and broad expertise in all risk areas to mitigate risks, and to improve the effectiveness of compliance and controls, so that clients can attain their superior operational performance and be better prepared to manage enterprise risks
Accounting Advisory Services
Accounting regulations become more and more dynamic to cater for changes, which may make it difficult for clients to keep up. We assist our clients with an accounting advisory professional services, including the conversion and implementation of accounting policies,