Interactive Workshops: Monday, 24th June 2019
Monday, June 24th, 2019
9:00 AM Creating an Holistic Organisational Approach to Risk and Governance: Understanding Ownership, Appetite and Tolerance through Simplified Language
Focusing on risk management and governance as a compliance issue can often create a disengaged culture, which in turn affecting the risk resilience an organisation has. It is therefore necessary to develop a more holistic approach towards engaging your organisation in risk and governance, building an understanding of risk ownership and analyzing its value to every person’s role, which will help create opportunities for a real life enterprise model and encourage sensible risk management rather than risk aversion. This workshop will focus on innovating strategies and redesigning your existing framework for better organisational resilience to meet future organisational objectives.
What will this workshop cover?
- Avoiding the ‘tick and flick’ approach and how to cultivate a risk culture journey that is contemporary and systemic to better approach real time scenarios
- Investigating the processes and strategies into effective buy-in from levels of the organisation to communicate awareness, shift negative mindsets around risk management and enhance organisational resilience
- How to engage staff with risk knowledge to gain better understanding of how their individual risk appetites and your organisational tolerance can be aligned to strategically meet future objectives with a focused and action oriented attitude
- Create a balance in leading without taking full ownership to develop collaborative arrangements to embed the right initiatives and strategies to improve the governance and communication on risk management
Conference Day One: Tuesday, 25th June 2019
Tuesday, June 25th, 2019
2:40 PM Case Study: Delivering on Organisational Goals and Objectives and the Influence on Risk Appetite and Tolerance at the Country Fire Authority
The past 18 months have seen the Country Fire Authority rewrite risk frameworks and establish the ground work to integrate it into business planning activities. The process not only allowed staff to understand risk and articulate it in the way that assists with decision making, but made a case to focus risk management on achieving and supporting organisational objectives that will help increase tolerance for dealing with future risks and uncertainty. Drawing on CFA’s journey, Daniel will explore:
- Adhering to key mandatory requirements and removing complexity and inconsistencies
- Be compelling and clear to help resolve past and ongoing risks, as well as plan forward to manage future risks
- Establishing the role of executives in understanding their appetite for achieving objectives, and collating the right quantitative data and deliverables to measure this