Risk Tip – how likely is likely?
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 […]
Census 2016 – a study in the “management” of risk
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 […]
What a load of rubbish
Hear my interview on Canberra’s 2CC about business continuity. The ACT garbage truck dispute is causing a bit of a stink. But the real issue is not necessarily about the industrial dispute itself, it’s more about the ACT Government’s response to the disrupted service that’s the more interesting aspect to this smelly saga. One thing […]
Pop Goes the Weasel
Who would have thought, a Weasel shuts down world’s largest particle accelerator. As reported by the ABC it’s the “world’s largest and most powerful particle accelerator and one of humankind’s most ambitious scientific endeavours, the Large Hadron Collider (LHC), had been shut down — by a weasel.” The ABC went on to report that the […]
Developing the Consequence Matrix: it’s all about the Key Performance Indicators
Everything we do has a consequence no matter how small or how significant that consequence may be. How do we estimate the consequences of the risks that may arise within our organisations, from the insignificant to the catastrophic? Managing risk in terms of consequences is all about the Continuum of Performance or in business lay terms KPIs.
Hazard and risk, same thing, right?
In this blog we explain the difference between a hazard and risk.
“Ownership” is a lovely word to use in risk management
When Aspen Medical got the nod that it was the Government’s preferred contractor for what was undoubtedly one of the most challenging and risky health care missions worldwide, the company dealt with the management of risks that most of us cannot even comprehend. In this podcast with Aspen Medical’s Director of Corporate Services, Colin Macdonald […]
The challenges of maintaining compliance in an outsourced environment
Outsourcing is very common and often viewed as the most appropriate way to get a job done. It makes sense to get the ‘experts’ in as contractors when you haven’t got the skill set within your organisation or it is not ‘core business’ When outsourcing functions, the expectation is that the contractor will comply with […]
Mike Lutomski ‘unzipped’ on risk management
Former NASA Risk Manager, Mike Lutomski talks to me about working on and building a space station. It takes the risk business ‘out of this world’
2015 Risk Student of the Year – killing two birds with one stone
South 32, a company born out of BHP in May 2015, is currently implementing a risk management framework developed by a Paladin Risk Management Services graduate. It was this framework, developed by Emma Johnson, that also saw her become the Risk Management Institute of Australasia’s Risk Student of the Year, 2015. Emma said she was […]
