How risky is your company?

Often you only start thinking about risk management after a series of disasters, NEVER after the first – which is typically explained as just a ‘one-off’!  It can take some time to accept that the disasters might reflect an ongoing risk that is specific to your business.

Your first response to a disaster is often tactical and attempts to deal with the issues in a localised way.

Localised tactics will only treat the immediate symptoms and may transfer problems to another part of the business.

Professionals often wrongly identify risk and seize upon a solution, which after development does nothing to eliminate the original risk and more often than not adds considerable cost.

This course sets out the benefits offered by a “whole of enterprise” strategic risk management framework as well as covering the fundamentals of treating risk.

 

What am I going to learn?

  • How to understand your organisation’s perspective and tolerance to risk using a ‘Risk Exposure Calculator’
  • The set of risk management tools that should be integrated as business and project management tools
  • The fundamental disciplines needed to recognise risk, its potential impacts and how to respond with rational management decisions
  • The collateral benefits associated with good risk management
  • How to make rational management decisions
  • The tools to build an organisational response to risk
  • How to understand the human element in risk analysis i.e. how to deal with 5 different responses from 5 different experts
  • How to create risk response efficiency curves so that you choose the optimum risk mitigation

 

For more information, or to discuss a customised in-house training programme, please contact us, on events@constructing.co.nz

Constructing Excellence training courses, workshops and events may be considered for contributing to a recognised Continuing Professional Development (CPD) scheme as part of personal development. Participants should check their individual scheme requirements.