Approachable risk management strategies
Risk Intelligent Organisations
Risk management refers to the practice of identifying potential risks in advance, analysing them and taking precautionary steps to reduce, curb or mitigate the risk.
A hazard is something that can cause harm, e.g. electricity, chemicals, dangerous surf conditions at a beach, working up a ladder, noise, a bully at work, stress, etc. A risk is the chance, high or low, that any hazard will actually cause somebody harm.
There’s a wide range of risks that an organisation might encounter, e.g., operational risk, financial risk, reputational risk, economic risk, compliance risk, security and fraud risk.
Our team can create your risk policy and an independent risk profile. The intent of a risk profile is to identify key risks, existing controls and their effectiveness. Working with you, we’ll recommend solutions providing you and your stakeholders with assurance that risk is being reduced to as low as reasonably practicable using international best practice. The process can be applied to a wide range of applications including organisations, operations, activities and events.
Clients use our services because of our individuality, value and knowhow of our team. Our in-house experts include Certified Practicing Risk Managers (CPRM), and our work is aligned with the various Australian, New Zealand and International Standards.
In-house Support An increasing number of our clients are acknowledging that they lack the requisite capability to fulfill their risk management requirements capably. Risk Intelligence provides an in-house retained role, working hand-in-hand with the leadership team in instituting and maintaining an effective risk management framework and culture.
Risk Intelligent Events
The assurance that all health and safety risks are eliminated or minimised so far as is reasonably practicable is an integral part of project organisers’ risk management planning and their duty under the workplace health and safety legislation.
The success of your event is measured in many ways and safety is one of them. Events vary in size, location, nature and type, but all events require assessment, control and monitoring of risks. When planning an event it is imperative to ensure the safety of all those involved; not only the safety of participants but also that of all employees, contractors, volunteers and members of the general public.
Our specialists will work with you to identify the potential hazards and assess the associated risks. We will develop appropriate risk control measures to minimise the potential for injury or harm. Through the development of an Event Safety Management Plan we’ll document all of the event’s Health & Safety arrangements and procedures including the site build and bump in, the live event and bump out. We’ll help you develop Emergency Response Plans, contingency options and OHS site rules and induction programs.
During the event, our onsite Risk and Safety Officer will work with program organisers to deliver real-time advice, providing you with peace of mind that your risk levels are as low as reasonably possible as well as ensuring a rapid response to any unforeseen challenges that might arise.
As the site is built, we will be looking for independent evidence that the structure and its fittings and equipment is compliant and safe. This might include reviews by independent structural engineers, current tagging of electrical equipment and inspections of firefighting and lifesaving equipment.
Multiple suppliers? No problem! We are able to help you review and verify contractor and supplier documents, e.g., Public Liability, Professional Indemnity, Workers Compensation; risk assessments, Safe Work Method Statements for any high-risk activities and Certificates, Registrations, Accreditations, etc, confirming that your suppliers are qualified to practice their trade. Our clients have access to our unique RIview online portal.
Business Continuity and Resilience
Organisational Resilience is the ability of an organisation – of any size – to anticipate, prepare for, respond and adapt to incremental change and sudden disruptions in order to survive and prosper.
All organisations face the possibility of major and minor disruptions of all kinds, from planned events such as IT maintenance and office relocations to unexpected emergencies like cyclones, fire, power outage or a plumbing failure.
Whether planned or unplanned, business disruptions that are not managed effectively come at a high cost. Lost income, missed opportunities, non-compliant contractual requirements, declining partnership confidence, reduced public image are all potential outcomes – not to mention personal impacts.
Whether it’s a breakdown of your systems, an electrical blackout or a COVID-19 pandemic, Risk Intelligence can support you in the development of your Business Continuity program so that you can continue to deliver your services at an acceptable, pre-defined level and help you recover to a business as usual position, as well as building ongoing resilience.
Today, with the challenges placed upon us all due to COVID-19, our team can assist you with a range of support services, including:
- Developing and monitoring a COVID-19 Safety Plan specific to your needs.
- Making sure your home office meets OHS requirements.
- Contemporise your organisational plans, policies, procedures, guidelines, etc.
- Collaborate with you to develop and introduce your Business Continuity Plan.
- Help you prepare for recovery to business as usual.
Independent Reviews & Investigations
Do you need some independent advice? An assessment or analysis on a particular matter, particularly in the areas of risk, safety, emergency management, major incidents, rescue operations or aviation incidents? Have you experienced a critical incident or near miss?
The Risk Intelligence team includes subject matter experts and seasoned investigators who are highly skilled and experienced in the provision of reviews and examination of issues. Our depth of experience includes public, corporate and community events, sport and competitions, aviation, emergency services and operations and community, charitable and not-for-profit organisations.
Our Investigations Team will help you to better understand what happened (and why) following an incident. We will assist the formation of measures to reduce the likelihood of the same thing happening again or reduce the consequences if it does happen again.
Using various Root Cause Analysis models, the review process includes an examination into the circumstances surrounding the incident or event, the actions of those involved, the responses to the event and the outcomes. Instead of apportioning blame, we seek to identify opportunities for ongoing improvement.
Not Quite Sure What You Need? Just Ask Us!
We collaborate with you to ensure your risk and due diligence needs are met, giving you the confidence that encourages innovation, creativity and accomplishment. The experience within the Risk Intelligence team means that we can support our clients in investigating, identifying and then mitigating risk.