Description
Presented By : Duke Okes
Aired Time : Available OnDemand
Duration : 60 minutes
Use the Right Risk Assessment Approach to Achieve Your Strategic Goals Faster
The risk assessment process is a critical part of effectively managing an organization’s operational risk. Poor process/organization outcomes are often the result of poor use of risk assessment techniques—and the information provided on their use is highly lacking. Personnel involved with risk assessment and management in a business setting need to know which risk assessment/management approaches are more appropriate for different applications, so that they can pursue their strategic goals more effectively.
Join industry expert Duke Okes in this information-packed webinar as he explores risk assessment and management at a deeper level of detail. Okes will show you how each application can be appropriately designed and applied based on the different types of risks. You will learn how to integrate risk assessment and management into the decision-making process at any level of your organization. Okes will dig into some of the more critical details that can impact whether or not the application is likely to be effective (as opposed to just producing a risk register or an overall view of risk assessment/management). He will discuss risks created by poor risk assessment/management, and recommend ways to remedy them.
You will learn about the impact of using probability versus frequency to rate likelihood; how to use a matrix; how the choice of risk ranking scales can nullify or magnify the level of understanding of risk; and how to decide when risk assessments should be performed (e.g., event vs. time-based).
After attending this webinar, you will more clearly understand the real levels of existing risks in your organization. You will know how to more accurately identify and rank risks, and assess their impact on your processes and/or organizational objectives. Plus, you’ll know how to allocate resources to the critical areas that need them most.
Session Highlights:
Sign up for this webinar to learn:
- Which risk assessment/management approaches are more appropriate for different applications
- How to get more people to think about risk on more than just an annual basis or when required by customers
- The impact of using probability versus frequency to rate likelihood
- How to use a matrix rather than math to look at both likelihood and impact
- How the choice of risk ranking scales can nullify or magnify the level of understanding of risk
- How to decide when risk assessments should be performed (e.g., event vs. time based)
Who Should Attend
- Personnel involved with risk assessment and management in a business setting (other than financial institutions)
- Organizations wanting to leverage the new requirements for risk-based thinking and risk management in management systems such as ISO 9001 (quality management)
- ISO 14001 (environmental management) professionals
- ISO 20000 (IT service management) professionals
- AS 9011 (aerospace quality) professionals
- IATF 16949 (automotive quality) professionals
- Personnel involved in broader risk management based on ISO 31000
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About The Speaker
Duke Okes – FASQ, CMQ/OE
Duke Okes has consulted with organizations for over 30 years, primarily in the areas of implementation of quality management principles, systems and techniques. He holds degrees in technology, business and education and is a graduate of a program for Organization and Human Resource Development and the International Program in the Gestalt Approach to Organization and System Development. Duke is an ASQ Fellow and certified by ASQ as a Manager of Quality/Organizational Excellence.
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