Workshop

Post-Conference Workshop:
 
Turning the risk management process into something really useful, that creates value and stimulates organisational success. 

While the risk management process is supposed to emulate the natural thought process we all follow to some degree when preparing for a decision and then making sure it remains valid, in practice it is often very cumbersome and unreliable. This seems mostly because people and their organisations don't appreciate, fundamentally, what each step of the process is supposed to do and how they work together. The steps are seen just headings on a diagram or as cells in a spreadsheet that have to be filled in. 
 
At a result, in many organisations risk management is seen as a chore that has little relevance to day to day management; it often becomes a once-a-year activity where an existing risk register is laboriously 'reviewed', generating little tangible benefit. No wonder its sometimes called ‘list management’ rather than risk management!
 
Although its over 20 years since New Zealand with Australia created the first, national standard, many organisations still struggle to make sense of risk management with that term becoming a metaphor for stopping people doing what they want to do, rather than something that can aid innovation and foster success. 
 
This workshop is completely practical and is based on Grant Purdy's 39 years of experience helping organisations of all sizes and types throughout the world improve decision making by being better at understanding and responding to uncertainty. During the full day workshop, we will consider each of the formal steps of the risk management process that:
 
  • Involves people who can and must contribute to a decision;
  • Defines and appreciates the assumptions being made;
  • Tests out those assumptions by postulating scenarios in terms of what could happen and the potential implications for an organisation's objectives;
  • Understands the uncertainties involved;
  • Decides on how much uncertainty is acceptable and, therefore, how greater certainty could be obtained;
  • Monitors outcomes and any assumptions made to ensure decisions remain valid. 

While the workshop will follow the AS/NZS ISO 31000 risk management standard, we will avoid arcane 'risk speak'. We will use simple terms and concepts, with many real examples to demonstrate how the process can easily become an integral part of any decision making process. 
 
Particularly, we will also address some current, conceptual artefacts such a 'risk appetite', 'risk registers' and 'key risk indicators'.  These will be translated into rational concepts and practical applications that can be used to aid rather than hinder organisational performance. 


Programme

Auckland | Wednesday 31st August 2016
 
8:30 Registration and Welcome Coffee
 
Session 1: 9:00 – 10:00
Foundations
  • The concept of risk and it's management
  • Making decisions and resolving uncertainty
  • What successful organisations look like
  • The ISO 31000 risk management process
  • Static vs dynamic
  • An alternative, simple language process
  • Obtaining certainty
 
Session 2: 10:00 – 10:30
Involving people
  • Who are they and why involve them?
  • Stakeholder analysis
  • Planning involvement
  • Exercise
10:30 Morning Break
 
Session 3: 10:30 – 11:30
Defining assumptions, objectives and scope
  • Defining assumptions about the external and internal environment
  • Structuring our conversations and thoughts
  • Exercise

Session 4: 11:30 – 12:30
Discovering uncertainty
  • Scenarios to test assumptions
  • Forms of discussion
  • Methods
  • Exercise
 
12:30 Networking Lunch
 
Session 5: 1:30 – 2.30
Understanding uncertainty
  • What does this mean in practice?
  • The effectiveness of enablers (controls)
  • Developing your own criteria – exercise

Session 6: 2:30 – 3.30
Evaluating and modifying uncertainty
  • What does risk appetite and risk tolerance really mean?
  • Testing options
  • Costs vs benefits
  • Exercise 
 
3:30   Afternoon Tea
 
Session 5: 3:45 – 4:30
Monitoring and reviewing
  • Ensuring decisions remain valid
  • Checking enablers
  • What are Key Risk Indicators really, and how to develop and use them
  • Exercise
 
Session 6: 4:30 – 5:00
Integration into decision making
  • Is your risk management already integrated?
  • Barriers to integration and effectivenes
  • Strategies to support integration
 
5:00 End of Workshop

About the Workshop Trainer:


 
 
Grant Purdy
Associate director
Broadleaf Pty Ltd

Grant Purdy, the workshop leader, has worked throughout the world for over 39 years, training, supporting and mentoring so that organisations can create greater value from risk management and can move on from mechanistic risk management to understanding and responding to uncertainty on a day by day, decision by decision basis.
 
Grant was a member of the Standards Australia and Standards New Zealand risk management committee for 14 years and its chair for seven.  He was one of the co-authors of AS/NZS 4360:2004, was the nominated expert in the committee that wrote ISO 31000:2009 and co-author of the new companion implementation guide to AS/NZS ISO 31000:2009, HB 436:2013.  
 

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