Risk management consultancy and training services
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 multi-billion-dollar project near Geneva in
Read Morehttps://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 MoreFormer 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'
Read MoreSouth 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 pleased she could effectively kill
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 Morehttps://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=mezw84XNCyE Hello and welcome to this session. What I’m going to talk about today is risk escalation. Now, this seems to be something that is really, really misunderstood amongst the risk management fraternity, but certainly within organisations. There is a difference between risk reporting and risk escalation. I see it all the time in risk management plans in organisations where
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=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 Morehttps://www.youtube.com/watch?v=Q01QJlV0KVQ Well, hello. I’m going to talk in this session about fraud. In particular about fraud hotspots, one of the things that I think many organisations struggle with is where are they going to focus their efforts in terms of fraud control? Organisations have fraud control plans and they have fraud risk registers, but are they actually managing those fraud
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