Topic: Enterprise risk management and ISO 31000

  • Business and project risk management review

    Broadleaf assisted a major professional service business, operating across defence, aerospace and other high technology sectors, to assess its existing risk management practices and identify opportunities to enhance them.

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  • Free webinar on managing risk management performance

    Broadleaf in association with Cura will be providing a series of free webinars on risk management matters of interest. The first of these will occur on Friday September 4 and will discuss how organisations can improve their approach to managing risk using conventional performance management techniques.

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  • New book: World Class Risk Management

    Norman Marks, a well known writer and thinker on risk management has recently published a new book on World Class Risk Management. Grant Purdy was asked by Norman to review the book as it as written and also to provide a forward. Broadleaf is delighted to be associated with this book. Norman has used his considerable experience in business to explain risk and its management from first principles, to challenge some of the logically inconsistent, complex and self-serving concepts that currently bedevil the practice and the profession.

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  • From Bolt-on to Built-in

    Grant Purdy has worked for a number of years with the International Federation of Accountants (IFAC) helping them with guidance on risk management. Grant made a substantial contribution to the thought paper 'Bolt-on to Built-in' that has just been published by IFAC. The paper makes the point that risk management should never be implemented in isolation; it should always be fully integrated into the organization’s overall system of management. This system should include the organization’s processes for good governance, including those for strategy and planning and making decisions in general. The paper includes a useful model for integration.

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  • Enterprise risk management in World Vision

    World Vision International (WVI) is refreshing its approach to enterprise risk management, building on solid foundations in many parts of its business. Dr Dale Cooper facilitated an intensive two-day training workshop in Bangkok on 3-4 March 2015, tailored for WVI, to form the basis for an internal discussion on how WVI could enhance its practice of risk management.

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  • Practical support for effective risk management

    So often it seems, papers and articles about risk management are not written in plain language so that everyone can understand what is required and how they can improve their own approaches. However, Broadleaf has a different view. We try explain concepts from first principles, using simple language and then give proven, practical solutions based on our many years of experience. In addition to written materials our website now offers video presentations that cover the concept of risk, governance reporting under ASX Principle 7, project risk modelling and the debunking of many myths prevalent in risk management.

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  • RiskNZ Conference, Wellington, October 2014

    Grant Purdy recently delivered a key note speech at the RiskNZ Conference. He spoke on Hearing over the Cacophony and challenged the value of the ever-expanding multitude of artefacts, encumbrances, concocted expressions and three letter acronyms that obscure the core concepts for managing risk and clog up current risk management practice.

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  • Broadleaf working with VCAT (Victorian Civil and Administrative Tribunal)

    Broadleaf was engaged to review and update VCAT's organisational risk management process. Personnel were engaged in a comprehensive risk assessment focused around three workshops: establishing the context, risk assessment and treatment planning. This was integrated with VCAT's strategic planning process and changes arising from the transition to the newly established Courts Services Victoria administration.

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  • Broadleaf presents at PMI Australia’s conference

    Grant Purdy and Steve Grey both presented at this week's Project Management Institute conference. They also both participated in the risk management roundtable. Both Grant and Steve emphasised that approaches used to manage risk within projects should be straightforward and consistent with the project management process to be fully relevant and useful.

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  • Complying with the new ASX Principle 7

    The third version of the ASX Corporate Governance Principles and Recommendations contains significantly revised requirements for the demonstration and assurance of effective risk management. Grant Purdy recently led two breakfast seminars that discussed and provided advice on how listed companies can comply with the new requirements.

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