Proactive risk management
Risk is a fact of doing business. It’s how you prepare that makes the difference.
Proactive risk management is about putting your life sciences organization in a strong position to move quickly in the face of any risk event – and any opportunity.
Crowe knows the life sciences risk context you’re working in. We can help you anticipate and manage the risks that can prevent you from achieving objectives.
Our goal is getting your program to a point where you aren’t simply scrambling to react – you’re ready for what is coming, and able to think strategically about the future.
I need to...
Strengthen my control framework
Commercialize in a controlled manner
Implement anti-bribery and corruption measures
Assess a program for risks
Address risks in a system conversion
Institute supply chain risk management
Monitor risks on a more continuous basis
Establish a governance program for cloud computing/digital transformation initiatives
In a world where anything can happen, flexibility is your biggest advantage.
The stakes are high in life sciences, where lives are on the line – and if something goes wrong, millions in costs and penalties and lasting damage to your brand and reputation.
The best preparation for any risk event is structured, validated processes and systems that can flex and adjust without major disruption.
That’s our specialty. We draw on our deep risk experience in the life sciences industry to evolve your risk management program toward greater flexibility and maturity – and we do it in a cost-effective and collaborative way.
How many of these fundamentals are you doing well?
What does a risk management program that’s doing everything right have? An enterprisewide understanding of risk. Defined processes. Technology that enables function. Everyone with a role and a purpose and the right skills to carry them out.
Crowe has the experience to help you build this critical foundation for handling risk – not just in silos but across all your different areas of focus.
Every program is on a journey – and we always start with where you are.
You won’t have to explain your business to us. We’ve worked in the life sciences sectors, so we’re not going to make assumptions or make you retrace your steps. We can jump right to where you are and move forward with you.
No matter where you are, we start by listening carefully to understand your current situation. Then we can talk about where you want to be – and move into defining and executing a plan for getting you there.
We work with companies during pre-commercialization and post-commercialization.
We support clients around new system implementations.
We add value to internal audit.
Technology isn’t a separate lane – it’s part of the larger journey.
Technology isn’t a replacement for great processes and trained people. But when those pieces are in place, enabling technology really helps you move the ball on managing, monitoring, and mitigating risk.
See other ways we create synergy:
Information protection and governance
See how all your functions are working together – and get them collaborating too.
Process optimization and resilience
Enable processes and find efficiencies that benefit your stakeholders.
Program and technology enablement
Choose and implement technology to work with your processes and for your people.
See how all your functions are working together – and get them collaborating too.
Enable processes and find efficiencies that benefit your stakeholders.
Choose and implement technology to work with your processes and for your people.
With the right support, risk doesn’t have to be a four-letter word.
We have a blueprint based on our deep experience in life sciences risk – but our goal is to tailor your plan to your unique situation. Then we draw on our extensive toolbox to build the program that’s right for your organization.
Whether you’re looking for a large team or simply want to co-source a data privacy officer, we can give you support where you need it. Give us a call.
