Pinwheel risk management action.
understand by all the stakeholders. The risk management process is also supposed to make the risk
management processes more efficient.
Pinwheel risk management framework of Shell Energy Company.
The pinwheel risk management framework provides a process which integrates activities
and process of risk management and security into the system development cycle of an organization.
Shell Energy Company has used the pinwheel risk management factor in its operation to remain
competitive in the energy industry. The success of any business is influenced by different factors
depending on the business. However, with effective risk management factor and execution, Shell
Company can develop a deep understanding of the business environment in the energy industry
including the risks, ability to innovate and adapt. By using the pinwheel risk management factor,
Shell can design innovative ways to adapt to the business environment (Hull, 2012).
The CEO of shell energy and other executives of the company can successfully use the
pinwheel risk management factor to reduce the risks that the organization faces. Shell, which is a
multinational gas company has its headquarters in Netherlands. The company can use the pinwheel
risk management framework action to ensure that the ultimate goal of the company is achieved.
Through the pinwheel risk management factor, the company can be most successful energy
companies in the world. This is because the pinwheel risk management framework action can be
used to convince the leaders of the company on how the risk management strategies are crucial to
the success of the organization. Shell can use the pinwheel risk management framework to mitigate
risk and control the effects of the risk to the business. This will lead to increased transparency in
the operations of the company and also improve strategic planning within the company (Anthony,