Go offline with the Player FM app!
Risk Register and Breakthrough Mitigation
Manage episode 300144060 series 2951942
New website = riskcommentary.ca
High Quality Risk Assessment: What is the true significance of the risk register you’ve built so carefully? How does it lead to dramatic, breakthrough risk mitigation?
Facilitating risk assessment
- Risk register - the full significance
- What have we accomplished so far?
- Quality infused at each step
- Result: revelations in the perception of the risk profile
Breakthrough Risk Mitigation
- mitigation action that is truly “breakthrough” and dramatic
- expert participants
- sorting on risk information
- novel interpretation of risk profile: identify fundamental risks
- evidence-based decisions
Creativity and innovation
- introducing imaginative and unorthodox solutions
- taking it offline as special project
- do not short-change this part of the process
How is the risk register used going forward?
- transformed from a static snapshot to a dynamic management tool
Summary
KEY QUOTE
”Poorly understood chronic problems often have to do with the nebulous and difficult questions of communications and working relationships...” (Robertson, p.58, Section 2.5 Risk Mitigation and Review)
LINKS
(E. Robertson 2016) Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation
20 episodes
Manage episode 300144060 series 2951942
New website = riskcommentary.ca
High Quality Risk Assessment: What is the true significance of the risk register you’ve built so carefully? How does it lead to dramatic, breakthrough risk mitigation?
Facilitating risk assessment
- Risk register - the full significance
- What have we accomplished so far?
- Quality infused at each step
- Result: revelations in the perception of the risk profile
Breakthrough Risk Mitigation
- mitigation action that is truly “breakthrough” and dramatic
- expert participants
- sorting on risk information
- novel interpretation of risk profile: identify fundamental risks
- evidence-based decisions
Creativity and innovation
- introducing imaginative and unorthodox solutions
- taking it offline as special project
- do not short-change this part of the process
How is the risk register used going forward?
- transformed from a static snapshot to a dynamic management tool
Summary
KEY QUOTE
”Poorly understood chronic problems often have to do with the nebulous and difficult questions of communications and working relationships...” (Robertson, p.58, Section 2.5 Risk Mitigation and Review)
LINKS
(E. Robertson 2016) Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation
20 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.