Risk Management

The USDM Life Sciences Risk Management Services and Solutions are focused on helping life science companies take what are already often a handful of good practices and procedures and convert them into a holistic, full company initiative that engages the company to be fully risk aware and risk savvy.  

Ultimately, USDM will give your company a comprehensive depiction of risks across all operations, a plan to prioritize action and resources to handle the highest outstanding risks.

Whether working with a start-up or a Fortune 500 company, USDM can help design and refine risk management activities, from an individual department level through to a full enterprise approach. For example, a company may have several established internal control groups in place throughout the business. A number of steps could be taken to improve risk management in this environment, ranging from a wholesale revisit of how reporting and risk identification and rating is measured intra-departmentally, through to a redesign of how information is ultimately filtered across these departments through to senior management.

Each company is at a different place on its journey from risk-naive to a fully risk-aware state, and USDM is here to help companies expedite their placement on the right side of that curve.  

Importance of Risk Management

Common Risk Management Pain Points

The USDM Life Sciences Risk Management Services and Solutions are focused on helping life science companies take what are already often a handful of good practices and procedures and convert them into a holistic, full company initiative that engages the company to be fully risk aware and risk savvy. 

USDM wants to help companies on that journey to a more informed risk state. We already work with clients to build best-in- class operations in bespoke disciplines and areas, and see this as the next step to leverage that information with other information available across company operations in order to build a more comprehensive picture of risks across all of operations, and to prioritize action and resources against the highest outstanding risks.

Whether working with a start-up or a highly mature company, USDM can help design and refine risk management activities, from an individual department level through to a full enterprise approach. For example, a company may have several established internal control groups in place throughout the business. A number of steps could be taken to improve risk management in this environment, ranging from a wholesale revisit of how reporting and risk identification and rating is measured intra-departmentally, through to a redesign of how information is ultimately filtered across these departments through to senior management.

Each company is at a different place on its journey from a risk-naiive to a fully risk-aware state, and USDM is here to help companies expedite their placement on the right side of that curve.  

Testimonials

  • Clintrak - Jeffrey D. Coffin
    I have had the great pleasure to work with Bob for 5 years in his position of VP of Quality at Fisher Packaging Services while I acted as Director of Quality services at a sister…
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