Case Study: LUCELEC improves risk management with GOAT Risk

Lucelec - Customer Case Study

The customer, St. Lucia Electricity Services Limited (LUCELEC), faced a challenge with a cumbersome Excel-based risk register that was difficult for managers to use, hindering effective risk engagement. Seeking a more suitable tool, they nearly invested in an overly complex and expensive software solution before finding GOAT Risk™. They needed a simpler, more intuitive platform that would encourage adoption across the business without unnecessary cost.

The solution was implemented using the GOAT Risk™ software platform, which offered an intuitive and cost-effective alternative. LUCELEC was able to easily migrate its data and quickly adopt the tool, thanks to its simplicity and excellent customer support from GOAT Risk™. The results included immediate use in strategic planning sessions, where the tool facilitated risk identification and mitigation discussions, and provided the flexibility for future custom development to meet the company's evolving needs.

Lucelec

Ian Peter

Chief Financial Officer