What is the true significance of the risk register you’ve built so carefully? How does it lead to dramatic, breakthrough risk mitigation?

Show Notes

High Quality Risk Assessment: What is the true significance of the risk register you’ve built so carefully? How does it lead to dramatic, breakthrough risk mitigation?

Facilitating risk assessment

  • Risk register - the full significance
  • What have we accomplished so far?
  • Quality infused at each step
  • Result: revelations in the perception of the risk profile

Breakthrough Risk Mitigation

  • mitigation action that is truly “breakthrough” and dramatic
  • expert participants
  • sorting on risk information
  • novel interpretation of risk profile: identify fundamental risks
  • evidence-based decisions

Creativity and innovation

  • introducing imaginative and unorthodox solutions
  • taking it offline as special project
  • do not short-change this part of the process

How is the risk register used going forward?

  • transformed from a static snapshot to a dynamic management tool

Summary

KEY QUOTE
”Poorly understood chronic problems often have to do with the nebulous and difficult questions of communications and working relationships...” (Robertson, p.58, Section 2.5 Risk Mitigation and Review)

LINKS
Do you need a risk matrix (risk register) or other templates for risk assessment? Enterprise Risk Management Tools and Templates 
(E. Robertson 2016) Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation 

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