P rofe ofessor Mar Martin Loosem oosemor ore e CS IC S, FC fciob IOB.
N e e d t o e duc a t e your e m ploye e s, c lie nt s a nd busine ss pa rt ne rs a bout t heir role in the proce ss Lessons Effec t ive support.
Cust Cust ome r ba ba se changing.CSA 1997, bS6079-3 (2000 iRGC 2004, cOSO (2004).N ew legislat ion was requiring it Customers becoming more risk averse.Risk and opportunity was seen as essential to protect and enhance reputation.ST E derst A OU R posop A FOR MU LTI plex: A NEW WA MAN AGE risk Risk se e n a s a n a sse t Risk port folios Bre a k ing dow n ba rrie rs Pro-activity Project life cycle.Centralised rather than decentralised.
Eesu LT 2 0 0 8 Be serial ijing Olym pic s Companies using multime draw dia t o ma nage risks inc lude ST EP FO M plem E Y ST EM Lessons Easy t o c hange be haviour but diffic ult t.
(Advice on contractual, legal, insurance, safety, environmental matters etc.) Human Resources (Selection, training, appraisal, rewards etc) Lessons People find t he c onc e pt of risk diffic ult t o unde rst a nd m user a ny ne e d help Be.
GER FOR profi.Surge in risk Penalties for non-compliance becoming increasingly severe.Silo mentality.Unsystematic rather than consistent.P rotect rotect and enhance enhance our reputation Risk and opportunity management is our core business.Comm ercial risks risks.Rapid andreas growth was stretching existing systems.Mandate/ commitment Monitor/review.Periodic rather than continuous.2 2 CON computer problem S .Crisan agement withouisk appetite.Rath ER TH computer AN operational 2 2 CON problem.ISO 31000: The challenges of implementing crack a new approach.WR AR H ER ERE? .
Corporat Corporat e responsibi respons ibility lity and citizenship evolving fast.
E 3 8 Directors were not confident in their risk management systems.
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