Sharp Facilities Ltd (Sharp) started as a family business run by brothers, Keith and Andrew...
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Sharp Facilities Ltd (Sharp) started as a family business run by brothers, Keith and Andrew Sharp. With the support of their father, Albert, they decided to build on their individual success in providing maintenance services to home-owners and small businesses in Kuala Lumpur and established Sharp in 1997 with around 20 employees. Sharp is now considered a medium-sized 'player' in the facilities management sector, with approximately 4,000 employees and an annual turnover of RM100 million. The key activities carried out include cleaning, building maintenance (predictive, preventive and reactive repairs to properties) and environmental services (normal and hazardous waste removal and recycling). The majority of the work now undertaken by the organization is within the care sector, either through local community hospitals or through large private care home companies. In addition, a number of small contracts were secured in the Middle East between 2013 and 2016, providing maintenance services to staff living quarters for an oil and gas company in the region. Sharp have invited you to a meeting in two days regarding potential risk management roles and responsibilities within the company. They have asked you to prepare and discuss the role of a Chief Risk Officer, a Risk Manager and a Risk Committee, and to provide suggestions that might be appropriate for Sharp. Therefore, you are required to prepare a briefing note for Sharp in which you assess the responsibilities of these different roles and provide recommendations for an organization of Sharp's size and structure. Sharp Facilities Ltd (Sharp) started as a family business run by brothers, Keith and Andrew Sharp. With the support of their father, Albert, they decided to build on their individual success in providing maintenance services to home-owners and small businesses in Kuala Lumpur and established Sharp in 1997 with around 20 employees. Sharp is now considered a medium-sized 'player' in the facilities management sector, with approximately 4,000 employees and an annual turnover of RM100 million. The key activities carried out include cleaning, building maintenance (predictive, preventive and reactive repairs to properties) and environmental services (normal and hazardous waste removal and recycling). The majority of the work now undertaken by the organization is within the care sector, either through local community hospitals or through large private care home companies. In addition, a number of small contracts were secured in the Middle East between 2013 and 2016, providing maintenance services to staff living quarters for an oil and gas company in the region. Sharp have invited you to a meeting in two days regarding potential risk management roles and responsibilities within the company. They have asked you to prepare and discuss the role of a Chief Risk Officer, a Risk Manager and a Risk Committee, and to provide suggestions that might be appropriate for Sharp. Therefore, you are required to prepare a briefing note for Sharp in which you assess the responsibilities of these different roles and provide recommendations for an organization of Sharp's size and structure
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