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Risk Commentary
Edward Robertson
20 episodes
9 months ago
New website: RiskCommentary.ca We see a contradiction: increased need for Enterprise Risk Management, while risk managers report low perceived value of their processes. High Quality Risk Assessment addresses uncertainty and helps solve chronic business problems. Join Edward Robertson, successful ERM practitioner, to discover a simple process that delivers clear value.
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Management
Business
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All content for Risk Commentary is the property of Edward Robertson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
New website: RiskCommentary.ca We see a contradiction: increased need for Enterprise Risk Management, while risk managers report low perceived value of their processes. High Quality Risk Assessment addresses uncertainty and helps solve chronic business problems. Join Edward Robertson, successful ERM practitioner, to discover a simple process that delivers clear value.
Show more...
Management
Business
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Risk Register and Breakthrough Mitigation
Risk Commentary
16 minutes
4 years ago
Risk Register and Breakthrough Mitigation

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
 Do you need a risk matrix (risk register) or other templates for risk assessment? Enterprise Risk Management Tools and Templates 
(E. Robertson 2016) Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation 

Risk Commentary
New website: RiskCommentary.ca We see a contradiction: increased need for Enterprise Risk Management, while risk managers report low perceived value of their processes. High Quality Risk Assessment addresses uncertainty and helps solve chronic business problems. Join Edward Robertson, successful ERM practitioner, to discover a simple process that delivers clear value.