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Risk impact scale vs. achievement of objectives

My last post argued that objectives are preferred outcomes from an activity, and that risk consequences are the differences in outcomes that the activity might reach, given the uncertainties. The key word was are. Not predict, indicate, or link with, but are. By ‘outcome’ I meant the achievement or non-achievement of organisation objectives. I also…

Risk management and middle management, Part 2: Where you come in

This article was updated 23 March 2018 based on comments by Rory Kilburn, Kat Kapuscinski, Pat Lisk and Clive Martin, in the LinkedIn Group ISO 31000 Risk Management Standard. Changed text looks like this, and you see credits by hovering the mouse over changed text. Part 1 set out the basic reason to look at…

Risk management and middle management, Part 1: What and why

This article was updated 23 March 2018 based on comments by Rory Kilburn, Kat Kapuscinski, Pat Lisk and Clive Martin, in the LinkedIn Group ISO 31000 Risk Management Standard. Changed text looks like this, and you see credits by hovering the mouse over changed text. Every middle manager does some ‘risk management’: at least once…