simplifying risk management
Why not take the next week or two to sweat the small stuff and address a few of those risks in the lower ambers / higher greens region. Give the bottom half of the risk register some TLC and come back in 2021 refreshed and ready.
Understand and define your risk tolerance and risk appetite as this helps managers at all levels understand where they are in relation to the organization's risk 'comfort level'
2020 felt like we were playing on Heroic mode but now we're close to 2021, it's a good time to review your risk management system and get ready for next year.
Make sure your contingency plan isn't based on flawed assumptions. Use this quick checklist to run a health check on your contingency plans. Click Here For Your Copy
How can you spot the point where a risk - a thing that could occur - becomes an event that is occurring? I'd argue that you don't need to identify the specific point of change, and you'll waste valuable time trying to spot the exact moment of transition. Most importantly, if you wait to see the transition point, your response will be on the back-foot from the get-go.
I'll be running three new risk management courses this November
DCDR V2.0 is live. Here's a quick 90-second tour. https://youtu.be/gXeZY4dR0eM
Risk, Emergencies, Crisis & Disasters: Seven takeaways from reviewing my degree notes.
We need an improved deficit model for risk communications - one that elevates societal knowledge to the same level as scientific knowledge - to overcome many of the issues we currently face in decision-making and public discourse
Answering 'what is risk management?' needs more than 'it's the management of risk'. Here's a thorough explanation along with 4 key components