Breakfast Networking Forums



RISKNZ BREAKFAST MEETING - WELLINGTON


Risk Management for Decision Support

I refer to an article published in RiskPost Issue 14 No.4, November 2014 by Grant Purdy – Associate Director, Broadleaf Capital International, entitled ‘Hearing over the Cacophony’.

In it, Grant maintains that:

‘Unless the [risk management] process is seen to and used to support decisions, little real value is created. Worse still, those other uses (particularly framed as compliance) distract from, dilute and confuse the natural risk management process.

Unfortunately, in too many organisations, the only rationale given for applying the risk management process is to produce retrospective information, which is duly recorded in registers and databases and solemnly reported – but not actually used by anyone to make decisions.’

In the next Wellington Breakfast Networking Forum, we will aim to discuss how we, as risk practitioners and advisers, are working to ensure that risk management is a salient, valued decision-support process, rather than an irrational, ineffectual reporting process.

 •         Date: Wednesday 16 May 2018

•         Time: 8:00am - 9:00am (arrival at 7:59 for 8:05 start)

•         Venue: NZTA Head Office – entrances at 50 Victoria St and also the arcade off Chews Lane (next to Habitual Fix).  The glass doors open at 8:00am and reception is on L2.

 Unfortunately I will be overseas on that date but Ray Willows from NZTA has kindly agreed to facilitate the meeting.

Please RSVP by sending an email to Ray at ray.willows@nzta.govt.nz by Friday 11 May 2018.

 Have a great meeting!

 

Miles Crawford

RiskNZ Management Board

miles@risknz.org.nz