Risk management consultancy and training services
In the December 2018 newsletter I asked a simple question – do we need a risk matrix? In that blog I detailed the example of a water corporation that had assessed the risk of: unplanned release (loss of containment) of water from a dam as being Major (Consequence) and a Rare (Likelihood), which meant that, when using their corporate risk
Read MoreIn January two Canadians lost their lives after mishaps with charity clothing bins. This brought the total deaths from misuse of clothing bins to four in the last five years which prompted the City of Vancouver to ban the use of the bins on private land. As reported in the Vancouver Sun: [The] decision came a day after Delta city council
Read Morehttps://www.youtube.com/watch?v=5zrN2Mxzqww Hello and welcome to this session and what I'm going to talk about today is your consequence matrix and the in particular the ratings that you apply for those consequences. One of the things that I see and in fact obviously as a consultant have done in the past is to use the common understanding or around consequence matrices. But
Read MoreHello In this session what I am going to talk about is monitor and review. Now, we all know that monitor and review is on the right hand side of our risk management process and supposedly monitoring and reviewing is happening across the whole of the risk lifestyle. The reality is what I see is organisations that say monitor and
Read Morehttps://www.youtube.com/watch?v=P_SczZ2rLic Well hello and welcome to this session. What we’re going to talk about is how we actually derive risk treatments for our particular risk. Now, one of the things I see is risk plans all over the place is all high end risks ought to be treated unless its cost is not cost-effective to do so, medium risks may
Read Morehttps://www.youtube.com/watch?v=DsXuG2p5jUk Well, Hello. In this session what I’m going to discuss is a very, very vexed issue and one that sits at the heart of managing risks and that is what risks do we actually put into a risk register? Now, I had a course recently where somebody said that their risk managers in their organisation at all the different
Read Morehttps://www.youtube.com/watch?v=H1C-wYS5C-Y Well hello and welcome to this session. What we’re going to talk about is shared risks. Now for those of you in federal government, the public governance performance and accountability’s act and the Commonwealth risk management policy actually explicitly address the management of shared risk. Well, what is a shared risk? The first thing is that you need
Read Morehttps://www.youtube.com/watch?v=gonYolHM5eU In this session what I am going to talk about is accountability in risk management. Now we've previously talked about risk ownership but what I’m going to focus on today is purely on the accountability side and I’m going to break it down into three distinct ownership categories. First and foremost the risk owner, then there’s the control owner and then
Read Morehttps://www.youtube.com/watch?v=_aeqWN1o8cY Well hello and welcome to this session. One of the things that I've been tossing around, and I've discussed this in blogs previously, is how we actually frame a risk and I've talked about risks being events. Well one of the things that I have noted is that when it comes to putting together risk statements, often organisations will
Read MoreWell, hello. What I wanted to talk about in this session is the e-book that has just been released and that has been downloaded many times right across the world and I’m really humbled by the response that I’ve got. So what I’m going to talk about here today is what is coming in the next the e-book, which will
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