Welcome to my ruminations
Some businesses are “going gangbusters” in the COVID era. Their niche products or services are able to be delivered and they are in high demand. Other businesses are more vulnerable – either because of the nature of their products and services or because of disruptions to the availability of resources those products and services rely… Read More
In 1998 while promoting the Australian approach to emergency risk management I used the above quote from Mazzini. It was an opportunity to reset our approach – to move from a focus on hazards to a focus on vulnerability. Similarly, today I share an exciting step we had on 1 June as our AgileBCP software… Read More
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The international standard for risk management, ISO 31000, provides principles and guidelines. When this standard is used as a heuristic device it can aid creative thinking. Heuristic devices can open up problems and opportunities however they are “double-edged swords” – something that can have both favourable or unfavourable consequences. The Standard is not a checklist.… Read More
In this story, the development of the Lateen sail to zig-zag into the wind on narrow rivers. Which was then copied onto larger ocean going ships enabling them to discover the world.
Information Management and Decision Making Capabilities – like muscles which are not exercised – can easily diminish.
Where there is inadequate management of risk during the implementation of a project the very outcome being sought is often compromised. That is now the case with the Accord on Fire and Building Safety which was a welcome initiative following the tragic deaths of five years ago. The Government has “found itself” short on factories… Read More
The story of the “generous” Procrustes is an illustrative one. After offering hospitality to those in need, Procrustes either stretched the limbs of the short to fit his bed – or hacked those of the long, again, to fit his bed. Too often we see “guides” and “standards” parading as flexible tools – but with… Read More
Information, by inherent definition, “informs” – it reduces uncertainty. Read More
The official text of the revision of the international ISO 31000 risk management standard has been published. MAIN CHANGES 1. The document is clearer and shorter – reduced from 20 to 16 pages 2. More importance is given in creating value and decision-making 3. The principles are better integrated into the framework and the process… Read More