Risk management consultancy and training services
https://www.youtube.com/watch?v=ZOKJ1fBRaXE 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 all relevant legislation, regulations
Read Morehttps://www.youtube.com/watch?v=M2V_fPtNieM Hello and welcome to this session. What we're going to talk about today is how you get senior management support and buy-in for your risk management program. Now, of course, there are a lot of organisations out there who are doing risk management as opposed to managing risk. And what I mean by doing risk management is just doing
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=uyZYR9aaTMo Hello again. In this session what I want to talk about is likelihood criteria. Now I’ve seen the full gamut, from people using percentages, 90 to 99% is almost certain, almost certain is expected to occur in most circumstances. I’ve seen organisations use instances per year and I’ve also seen instances per transactions, but what happens when you've got
Read Morehttps://www.youtube.com/watch?v=ZHMES8lRZps Well, hello. In this session I’m going to talk about responsibility, accountability and authority in a risk management framework. Now, one of the things that I think we need to really recognise right from the get go is that risk owners, they are responsible for the overall management and coordination of the organisations response to that risk. Now they
Read MoreHello, and welcome to this session. What I’m going to talk about here is the difference between strategic and operational risk. This is an area that I’m often asked the difference between the two. When I look at a lot of strategic risk registers maintained by boards and senior executives in organisations, what I tend to find is there are
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