Odeon Cinema Group, owned by a Private Equity firm, was preparing to sell. But because the Company had not maintained its risk and governance procedures over a period of years, it faced challenges in a number of fundamental areas:

• The risk profile of the organisation was not fully understood and articulated


• Group policies were not visible to staff and were not embedded within the organisation 



• Risk management awareness and engagement was low


• Safety and security was not consistently managed and did not give comfort to the Board 


• Assurance activity was outmoded for a modern large organisation and was not visible to
 senior staff

Richard conducted brainstorming sessions with senior teams across each territory to address key threats and produced a Risk Transformation Plan that encompassed:

• Working closely with insurance to review and refresh risk transfer needs 



• Engaging external cyber security assessments and implementing remedial actions 



• Unifying risk management approaches across the group 



• Evaluating resources and implementing best practices, including an electronic policy database


• Revising the audit approach and re-skilling the audit team