RiskTalk – a start-up created at HEC Lausanne – is now operating outside the university, having successfully completed a one-year action research phase that validated its relevance and commercial potential. The start-up, which benefited from InnoTREK funding, is building up a select client base of companies and has secured seed funding from Venture Kick. It is a story of a project that successfully combines insights from social science and application in managerial practice.
RiskTalk empowers any employee to report anything, directly to their organisation’s leadership, completely anonymously, via a simple app. In a ‘back office’, risk controllers will see issues flagged and sorted by organizational priorities – which then directs attention and follow-up action, with the back office team remaining in contact with the reporter. RiskTalk automatically removes metadata from attached files that could be used to identify users.
SwissERM is partnering with the University of Lausanne to test the effects and uses of RiskTalk, a reporting and control application, which aims to help organizations stave off lazy thinking, and prevent risk incubation.