Integrated Risk Management
Through the application of technology and automation, we'll help you manage your risks efficiently and effectively across the entire enterprise.
Identity and Access Management
We'll help you ensure everybody within your organisation has access to the right systems and data, for the right reasons, and at the right time.
Cyber & Application Security
Our experts will uncover security weaknesses within your security design and business-critical applications. Helping you protect your organisation from both internal and external threats.
About us
A group of passionate individuals with a shared purpose to help the world's leading companies embrace best practices for GRC and risk management.
Turnkey's strategic partner network consists of selected organisations that complement our capabilities.
Corporate Social ResponsibilityCSR
We are committed to being agents for change through our Climate Action Plan, championing diversity in our workplaces, and more.
Get in touch
We have operations in all corners of the globe, so see which office is nearest to you and connect with them.
We have operations in all corners of the globe, so see which office is nearest to you and connect with them.
Webinars & eBooks
All of Turnkey's webinars, guides and other insights available in one place.
Read the latest insights from our experts on GRC and risk management, covering the latest industry topics.
Press Coverage
See all the publications where Turnkey, our experts and our successes have been noted.
Key events
See the key industry conferences on GRC, SAP security and risk management which we are attending.
Case Studies
Client satisfaction is of the utmost importance to us, and we strive to constantly deliver above expectations, going the extra mile at every opportunity.
We've put together a comprehensive list of frequently asked questions - along with our responses - to the most common GRC and SAP security issues.
19 August 2016

How to Enable More Growth by Taking More Risk with More Control

pressure-gauga-600x400.jpgIn an era where change across all aspects of business is accelerating, the ability to adapt and grow separates the best companies from the rest of the pack. Unfortunately, this can be hampered by risk-averse attitudes and insufficient control around risk. By improving the controls landscape for your organisation, you can enable the kind of adaptability your business needs to grow.

Expansion into new service offerings, adopting new technologies or pushing into new markets carries inherent risk to the capabilities of the organisation to adapt to the requirements of that change. New business areas have risks which may not have been defined within existing controls frameworks, ownership and execution. The effort required to on-board new controls, establish testing methods and demonstrate execution can be a major factor in resisting the adoption of change.

You can reduce this effort by establishing automated controls processes and systems, reacting to new business processes, technologies and data more quickly, and placing these into your pre-existing, established control frameworks with testable, repeatable results. This is essentially “modularising” your controls landscape, allowing you to grow service offerings without the associated risk.

Automated control monitoring requires that ownership is defined for controls upfront, with the expectation that owners understand the tasks incumbent upon them. These include the operation of controls to mitigate risk, with the execution and monitoring of controls being quickly tailored to suit new requirements from the new service offerings. This allows a degree of flexibility within the business to adapt to changing customer requirements, which can reduce the risk exposure of new ventures without the usual associated delays in delivery.

So, if you want to be able to grow, you need to be able to take on the risks that growth brings with it, whether they are financial, legal, operational or reputational. Defining control frameworks with clear ownership will permit some of these challenges to be overcome, while automation of the testing and execution of controls provides confidence that risks are addressed. Giving your business the confidence to take risks but to also control them is key.