Avoiding Risk Management Failure: An End-to-end Process Approach

Identification and assessment of operational risks inherent to business are indispensable practices at any organization. However, for many, risk assessment process is done purely for compliance reporting purposes.

Roger and Alex present a process-based risk management approach, and show how organizations can create lasting and sustainable changes that add value to the business and to participants, by reducing risk and improving performance.

The article offers an in-depth look at:

• How to review documented risks, controls and processes

• What to consider when defining the scope

• What to ask when mapping processes within the scope

• Who should participate in identifying and mapping risks and existing controls

• The best way to determine risks and process performance gaps

• Tools to identify and assess process improvement and risk mitigation opportunities

• How to design and implement integrated process improvement and a risk mitigation action plan.

Langage: Anglais

Auteur

Roger T. Burlton

Founder of the Process Renewal Group (http://www.processrenewal.com), is considered an industry leader and pioneer in the introduction of innovative processes for organizational change. He is recognized internationally for his contributions in business process re-engineering, prototyping, rapid development and people-based project management methodologies. He has chaired several high-profile conferences on advanced information management around the world, including the National BPR Conference, the European Process and Knowledge Management Symposium, DCI’s Knowledge Management Conference and Software World.