JULIAN TALBOT

One of the big problems with risk matrices starts when you design the matrix. But there are ways to fix that.

Imagine a system that monitors inputs, processes and outputs, tracking culture, and organizational behaviors.

Bow-Tie is one of the simplest but most helpful risk management tools in the risk management arsenal. And it's highly visual.

ALARP (As Low As Reasonably Practicable) is a fundamental concept in risk management, as it should be in life in general. It expresses the idea that we shoul...

In case you haven't gathered, I'm a fan of straightforward documents. This is especially true of when you want people to take action. Fifty page procedures r...

It often seems that as a species; at least in most societies; that we spend most of our efforts on managing risks after they occur, rather than preventing th...

I love Swiss cheese. And I’m not talking about the dairy comestible. In my view, there are better cheeses out there – but few better risk management concepts...

"I felt exactly how you would feel if you were getting ready to launch and knew you were sitting on top of 2 million parts — all built by the lowest bidder o...

“I define nothing. Not beauty, not patriotism. I take each thing as it is, without prior rules about what it should be.” Bob Dylan It might be tempting to sk...

*It's not hard to make decisions when you know what your values are." – Roy Disney ISO31000 (Section 3, Part A) says that risk management should create and p...

Figure 1: Mockup of a KPI reporting dashboard Measuring performance seems complex (and it is) but let's not lose sight of the basics. The trick with key perf...

The traditional view of managing risk to be as low as reasonably practicable (ALARP) is fine for negative risk. Unfortunately for ALARP, the ISO31000 definit...

I've worked on five continents, in dozens of industries, in the government, private sector and not-for-profit arena and wherever I went, one theme emerged. T...

“In this world there is nothing certain but death and taxes.” Benjamin Franklin Certainty, or at least the illusion of it, has become a consumer product. Mar...

My friend Stewart Hayes has been working in risk management for even longer than I have (which is longer than either of us care to remember). As well as bein...

It seems like we've been at war for a long time. World War II drifted into the Cold War and, more recently, War on Terror, War on Drugs, War on Poverty. Fran...

Every year, we spend billions of dollars on risk management initiatives, often without any subsequent assessment of the effectiveness of those risk treatment...

I’m a visual person, and like most of us in the 21st century, I never seem to have a lot of spare time. Perhaps you are also short of time. If so, I write fo...

As Low As Reasonably Practicable, or ALARP, is one of the fundamental principles of risk management. We neither need nor want, to manage risk to the point wh...

Following on from last weeks article about ISO31000 ... Is ISO31000 a good risk management approach for me? Chances are good that it is. I've used it for per...