There are some studies in the USA that look at the statements made by business and the outcomes achieved by the same businesses. The outcomes of these research projects indicate a direct correlation between statements and performance, in other words the more a company promises the less likely it is that they will deliver on their promises or statements. ...[ Read More ]

One of the barriers to any outcome is the budget or funds available; this has been a constant mantra of the federal government even though we have a budget surplus, a tax cut and more to the point the Ansett levy is still being charged on all airline tickets issued. We can no longer accept these inept excuses as being reasons for non-performance in the air safety arena. ...[ Read More ]

In this article individuals will not be discussed or blame apportioned, rather it will be a critical look through the eyes of an outsider who will hypothesise on what may have gone wrong and will be based on no inside knowledge what-so-ever. It is a chance to use an event that has had severe consequences for the NAB as a learning curve for all of us. ...[ Read More ]

Complexity and issues are increased and a more formalised and systematic approach to risk assessment and management is needed to make sure that risks are addressed and documented to ensure adherence to policy and procedure. ...[ Read More ]

What should a checklist contain to ensure minimal compliance and the development of a safe and healthy workplace? In the construction of this checklist local environmental issues need to be addressed and it must be borne in mind by company officers that the distinction between individuals and a company entity is being removed somewhat. Victoria is leading the way here in its introduction of the concept of “industrial manslaughter”. This is yet to be tested and evaluated as to how it will create the environment for a safer working place. ...[ Read More ]

Therefore we need to separate government from the public sector in order to discuss the application of risk management within the public sector today. Some basic principles apply and if applied add value to the process and enhance the role of government in today’s society. ...[ Read More ]

It is not good enough for the government on one hand to say to us be aware but not afraid and on the other hand they refuse to look at a significant chain of events that seem at first glance too closely linked to be a mere coincidence. They are obviously not afraid and simply not aware. They may be in fact investigating the issue and just not telling us, this does not fill the community with confidence and indeed sends the wrong message. ...[ Read More ]

Three concepts were explored over the time, they were, 1. risk finance, 2. reputation risk and 3. cindynics. Caroline and I both thought the last concept was worthy of sharing. ...[ Read More ]

Research demonstrates that there are three stages of executive development, early middle, senior and executive management. These need to be mentored and managed by retired persons of eminence from the industry whose experience is passed systematically to the following generation. ...[ Read More ]

This separation is the paramount aim of the unit’s training philosophy and programs. These programs are offered in house and by demand in public forums. The understanding of the separation will lead to better implementation of a risk culture in all organisations over time. ...[ Read More ]