The Mindful Risk Community Reader Completing regular WHS Audits is good governance for all organisations, regardless of size, industry or location. These Audits give you assurance and confidence that your safety management system is meeting compliance requirements, that your practices & processes are fit for purpose and that your policies & procedures have been implemented as intended. In the past 10 years we have completed over 40 WHS audits in a variety of organisations, and there are three...
20 days ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader Regardless of whether you are completing a WHS Risk Assessment, an Operational Risk Assessment or an Emerging Risk Assessment for say, Climate Impacts or AI Usage, at some point you will need to decide on the Risk Treatment for your identified risks. Identifying your hazards and risks is only the first step. From there you apply Risk Descriptions – describing how the risk is or will impact your organisation. Then typically you will assess the Risk for...
27 days ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader “Risk and opportunity are two sides of the same coin” Author unknown Climate and AI are no longer future concerns – they are current day issues all organisations need to respond to. They are both important and not recognising this would be a blind spot for any contemporary organisation. And as with all emerging risks (see last week’s email!), they will present risks and opportunities. Both climate and AI are intertwined with the industrial revolution....
about 1 month ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader “The biggest risk is not taking any risk .. in a world that is changing quickly the only strategy that is guaranteed to fail is not taking risks” Mark Zuckerberg Effective risk management isn’t just about responding to what has happened – it’s about anticipating what might happen in the future. Identifying emerging risks is a proactive way of using vigilance to support resilience. Vigilance is described as detecting patterns that may indicate or...
about 1 month ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader “One of the tests of leadership is the ability to recognise a problem before it becomes an emergency” Arnold H Glasow, Author and Businessman Recent events got us thinking about workplace emergencies. From the events at the Preston Shopping Centre and Bondi Junction Westfield, to the flood disasters on the Mid North Coast of NSW, and the recent power outage across Portugal and Spain – all of these incidents have the ability to severely impact the...
about 2 months ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader “Success is about smart risk management, not about wild risk taking” Michael Masterson, Investor, Entrepreneur, Author Reviewing your organisation’s Risk Register seems like a task that is best scheduled for tomorrow, right? But regularly reviewing your Risk Register is a power move that can support business resilience, manage costs and improve organisational outcomes. Why? Reviewing your Risk Register helps you stay on top of your identified risks and...
about 2 months ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader “The crisis you have to worry about most is the one you don’t see coming” Mike Mansfield, Former Senate Member, USA No Power, No Business - A Crisis! A recent power outage across Spain and Portugal threw these countries into chaos causing widespread disruption and panic. Initially thought to be a cyber-attack, this proved unfounded, with fluctuations in energy sources and inconsistency of supply later deemed to be the cause. Some expressed concern that...
about 2 months ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader “Corporate governance is about promoting corporate fairness, transparency and accountability” Sir James Wolfensohn, former president of World Bank Group Good Grief Good Governance .... The NSW Independent Commission Against Corruption (ICAC) are currently holding a public inquiry into the conduct of the NSW School Infrastructure department and its leader, Anthony Manning. Allegations have been made that the agency subverted recruitment practices,...
2 months ago • 1 min read
🦋🏄🏻♀️🌺 The Mindful Risk Community Reader “No Safety, Know Pain. Know Safety, No Pain.” Author Unknown Seaworld Helicopter Crash - A litany of safety failures identified ..... The ATSB released their final report on the Seaworld helicopter crash earlier this month, 2 years after the fatal incident. The outcome of their investigation brought to light a number of safety failures, with actions that were supposed to make improvements to workplace safety ultimately failing in those endeavours. “The...
2 months ago • 1 min read