Tuesday, January 6, 2009

Towards a Risk Management Culture

Why do trees shed leaves in Autumn?

Risk management is the way of nature. Adaptation is not a guarantee against every disaster, but it does improve the chances of survival.

Greed and negligence are fatal lovers. Traditional growth and profit compulsions blind management teams from safeguarding the enterprises for which they are responsible.

How can conservative thinking permeate an organization?

Here is a link to a process that brings group intellect to bear on identifying and managing risks. (Please cut and paste the address on your browser as the link facility does not function at the time of writing this post).

http://www.iso.org/iso/management_standards.htm

An ISO 14001-compliant organization builds a culture of risk management. Everyone has opportunities to express doubts and fears. Not all dangers can be countered, but at least consensus is built around risks that are taken consciously.

Potential Problem Analysis is another process-driven way of building a risk-management culture. Here is another address for you to visit:

http://www.diegm.uniud.it/create/Handbook/techniques/List/PPA.php

Culture evolves through practice in society, but formal organization should not wait for events to follow

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