ERM International

Thanks to everyone who has followed along and shared their thoughts and feedback on risk appetite over the past few weeks. 👏👏 If you've missed our risk appetite series, you can catch up here: #erminternationalRA Or, DM Anthony Reardon for more information about our risk appetite approach. #ermriskappetite #riskappetite #enterpriserisk #strategicrisk #risk

In our 4th risk appetite post, we look at OPERATIONALISATION! Finalising your risk appetite statements only gets you to the starting line ... now the hard work begins! How can you go about changing behaviours, cultures, processes, reporting, technology and more? We've designed an implementation road map that incorporates many of our learnings on challenges and successes in embedding risk appetite over the years. ❔Got questions about how it works? DM our director, Anthony Reardon. Follow our complete appetite story on LinkedIn at #erminternationalRA #erminternationalRA #riskappetite #enterpriserisk #strategicrisk #risk #ermriskappetite

From airports to campfires, hotel lobbies to local coffee shops, and everywhere in between, the ERM team love what they do and love getting out on the road to do it! We'll even make our own customised equipment, when the occasion calls for it ... check out Kimberley Pelly's 'Queen of Risk' helmet 😂😂 Thanks to everyone on our top team for turning risk into such a good time!! Richard Stanwix, Bronwyn Friday, Jereme Evans, Rob Jack, Tanvir Haque, Amelia Stanwix, Kim and Anthony Reardon! #team #risk #enterpriserisk #riskmanagement

Post 3 in our #ermriskappetite series - how do you define and communicate appetite? To be effective, risk appetite needs to be 4 things: ✅ Instructive ✅ Balanced ✅ Simply communicated ✅ Supported by leadership. This might sound simple, but we know it can be tricky and we don’t pretend there is one ‘easy solution’ – but understanding the options is a good place to start. 👉 See our summaries or DM our director, Anthony Reardon, to chat. #riskappetite #enterpriserisk #strategicrisk #risk #erminternationalRA

Where should you anchor risk appetite? The right starting point makes the road to your destination clearer. Yet we find this foundational question is not always considered. 👉 Swipe through to find out more. This is the second in our series on risk appetite. Follow our complete appetite story at #erminternationalRA, or DM our director, Anthony Reardon, to chat. #riskappetite #enterpriserisk #strategicrisk #risk #ermriskappetite

A big congratulations to Bronwyn Friday who has been nominated for the 2024 Risk Engineer Achievement Award. Bron is a true specialist in project and tender risk management, and critical infrastructure risk. She has recently led ERM International's support of the North East Link Program, M80 Alliance tender/establishment, and the Surburban Rail Loop, Work Package D tender. Few people have the unique combination of expertise and experience that Bronwyn can contribute in this field, and we are so proud to see her amazing work recognised. Congrats to Bronwyn and all the other award nominees!! DM Bron or Anthony Reardon if you would like to chat about risk on critical infrastructure projects. https://lnkd.in/gxFyW3Xe #team #awards #riskmanagement #projectrisk #infrastructure Engineers Australia

Welcome Kimberley Pelly back to the ERM International team! We love your crazy humour and the fun you bring to the team. We love your commitment and ‘can-do’ attitude. We love the industry experience and practical approach you bring to risk management. Kim is currently seconded to support one of our clients on a longer-term risk project roll-out. DM Anthony Reardon if you need any extra temporary risk support added to your team. #team #teamwork #enterpriseriskmanagement #risk

Let’s talk about risk appetite. In our view, it is central – and essential – to strategic risk management. When the drive to optimise risk is lost, that is when risk often falls into the compliance trap. Without knowing the company’s appetite, how can risk be optimised? With appetite, companies can unlock value across our 3 core tenets: Protect, Anticipate, and Grow. But we know it’s hard to get right. And when it’s not done right, it just feels like more theoretical risk jargon. We’ve been there and we’ve been through it. That’s how we developed our approach, with 3 key stages that are easy to understand. 👉 Swipe through and then follow our page to follow along as we dive into more detail in the coming weeks. Or, DM our director, Anthony Reardon, for an appetite chat. #riskappetite #enterpriserisk #strategicrisk #risk #ermriskappetite #erminternationalRA

All too often, risk workshops involve a group of SMEs getting together in a room to fill out a register. The focus ends up on process, not risk, and there’s limited discussion or value-add. Luckily, our head of critical infrastructure and resilience, Richard Stanwix, is also an experienced risk workshop facilitator. Last week, he and Anthony Reardon delivered a successful 2-day session with leaders from across one our client's complex operations. The goal was to build a genuine picture of risk management in the field, Instead of gathering everybody around a screen, Richard led a dynamic conversation that gave people the opportunity to feel heard – and to hear others. Here are 4 tips from Richard for optimising risk workshop outcomes: ➡️ 1. Help everyone understand the SO WHAT from the start. Tell people how their contributions will be used and why they're important. ➡️ 2. Allow people TIME TO TALK. You've made the effort to get everyone together, so you want to get the benefits! Facilitating natural - but structured - conversations helps siloed teams to share information and enables attendees to reflect more deeply on their everyday tasks. ➡️ 3. Get PEOPLE MOVING around a room. Make the session interactive by asking attendees to engage with wall artefacts and whiteboards to encourage brainstorming among cross-functional teams. ➡️ 4. USE STORYTELLING to bring risk concepts to life. Believe it or not, risk doesn't have to be boring! Relate risk theory to the real-world by sharing practical applications and previous experience. In an added bonus for our ERM team, they were lucky enough to spot a few local dolphins on their way into the workshop (thanks Western Australia)! DM Anthony or Richard for a chat about running risk workshops in your business. #riskworkshops #enterpriserisk #riskmanagement

Do you want risk management to help you see around corners? Check out some practical tips we’ve learned for how to manage emerging risks. 👇🏻 Board members recently told us: “We hadn’t considered applying this type of risk-based approach to emerging opportunities before. It was really insightful and valuable.” “I’m so pleased to see a different approach beyond the traditional ‘operational threat’ lens.” Keen to chat? DM Anthony Reardon. #emergingrisk #riskmanagement #blackswan #strategicrisk #riskworkshop