14

Aug
2017

Paladin and Soldier On reach significant milestone

Aug, 14, 2017

Recently, Paladin Risk Management Services provided a course to the 50th participant to come through the program with Soldier On. Set up in 2016, the program provides free courses to any member of Soldier On who has been affected by their service, whether physically, mentally or both. I am extremely proud of this association.  As someone who was affected significantly

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29

Jun
2017

Paladin’s Ten Year Anniversary

Jun, 29, 2017

I am celebrating 10 years of Paladin Risk Management Services. In this podcast I reflect on how risk management has developed over those 10 years and some of the challenges still facing organisations. I’m looking forward to the next ten.

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26

May
2017

RIP ISO 31000??

May, 26, 2017

In 2009, the ISO 31000 Risk Management Principles and Guidelines was released with much fanfare. It was hoped that the introduction of an international standard would provide legitimacy to risk management and standardise approaches across the world. There was an opportunity for those conducting the review of ISO 31000 (draft released in March 2017) to provide more substance to the

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26

May
2017

Risk Tip #6 – Managing Shared Risk

May, 26, 2017

I have often been asked to provide insight into the management of shared risks, particularly by those working in Commonwealth Government Departments. Element 7 of the Commonwealth Risk Management Policy states that: each entity must implement arrangements to understand and contribute to the management of shared risks.  It goes onto to define shared risks as: those risks extending beyond a

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20

Apr
2017

Risk Tip #5 – Hungry to understand risk appetite?

Apr, 20, 2017

I have watched with significant interest and with quiet amusement over the last few years, at the rise and rise of risk appetite.  The emphasis on risk appetite in on-line risk forums would lead you to believe that without risk appetite being defined, it is impossible to manage risk. Most guidelines and standards for risk management highlight the need for

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27

Mar
2017

Risk Tip #4 – Communication and Consultation

Mar, 27, 2017

The fourth in my risk tip series addresses communication and consultation for an individual risk amongst stakeholders. Stakeholders aiming for or in business for a common cause, will talk about communication, but just how many actually fathom the breadth of the stakeholder community for an individual risk?  It is certainly part of the risk management process, but what does it

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16

Jan
2017

Risk Tip #3 – Developing a Consequence Matrix

Jan, 16, 2017

The third in my risk tip series is one that has arisen from my observations of consequence matrices over the last few years.  This blog isn’t about how to assess consequence, but more importantly, what to assess it against. In Risk Tip #1 I addressed the issue of likelihood and how difficult, if not impossible, it is to assess likelihood

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03

Nov
2016

Risk Tip #2 – how do we measure control effectiveness?

Nov, 03, 2016

Measuring control effectiveness is difficult for many organisations (if not most). What worries me is how often I come across the ‘guess work’ that goes into measuring control effectiveness when what’s actually needed is evidence to prove the controls in place are right for the resources, budget and risk. What I find fascinating is that the majority of risk management

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27

Sep
2016

Risk Tip – how likely is likely?

Sep, 27, 2016

Assessing the level of likelihood for risk is something I have been questioning for some considerable time.  I have followed the conventional wisdom up until this point and used the ‘traditional’ criteria to express likelihood.  You may have criteria similar to the following: Likelihood score Descriptor Frequency How often might it/does it happen 1 Rare This will probably never happen/recur

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05

Aug
2016

Census 2016 – a study in the “management” of risk

Aug, 05, 2016

This year’s Census is not off to a great start. Privacy concerns, an inability to cope with the mass volume of phone calls from people requesting paper copies of the Census and a chance that the forms may not arrive prior to Census day on August 9, has led me to question the level of risk assessment and management that

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