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You Are A RISK     Manager           The Least     A Manager Should Know
Effect ofUncertainty on    ISO 31000   Objectives
Safety   Defence    Risk is the potential              that a chosen action or    Medical   activity (including theEnginee...
Risk May Be Future   Issue Certain FutureProblem Now
Personal Money, Health, HappinessOperation Sales, Collection, Profit  Project Cost, Quality, Schedule
Apple      Palm   WhyBlackberry     Nokia             How   Ericson   What      Sony
What?   How?   Why?
Effect             WHYObjectives            Uncertainty
GoalsObjectives  Purpose   Passion    Vision  Mission
Objective1.   Best performance2.   Least cost3.   On time4.   Least surprises
Uncertainty1.   Lender2.   Insurer3.   Contract4.   Governance
EffectsProperty Damage.Liability to 3rd Party.Injury.Dispute.Negligence.
Code of Hammurabi; 1772 BC
1. The disproportionate   role of high-impact,   hard-to-predict, rare   events2. The non-   computability of the   probab...
Pop Quiz  2007196911121972 20 07 1969 11 12 1972What did Eugene "Geno" Cernan did      on 11 December 1972Last man on the ...
Context           HOWEvaluate             Analyze
Understand1. Things You Know,   You Know2. You Know, You   Don’t Know3. You Don’t Know,   You Don’t Know
Analyze              ImpactLikelihood
Evaluate          OpportunityThreat
Prioritize           Increase            GoodReduce Bad
DecideAcceptShareAvoidMitigate  Reduce likelihood  Reduce Impact
ControlPreventive   Process Detective   Inspect Directive   InstructCorrective   Recover
Risk Plan         WHAT Risk                 RiskReport               Register
3 Parts            5 StepsRisk Assessment                     Review      Context     Report  Risk Register   Evaluate    ...
Risk Assessment1. To CRO, Senior Management or Board2. Status of operation or project3. Assumptions that remains right or ...
Risk Register1.   How much are the financial exposure?2.   What are the High and Critical Risks?3.   How much control do w...
Risk Management Plan1. What is the project about and objectives?2. What are the assumptions ?3. Who are the project team m...
1. Risk Management PlanWhat do we have? Whatever.    What to do? Just do it.When to review? Why review?
2. Risk Register Concept1.   Context    When, Where2.   Identify   List, Cause, Source3.   Analyze    Likelihood x Impact4...
Risk Register Template Risk Description     Likelihood    Impact      Contol      Effect    PriorityLate for office due   ...
3. Reporting Risk Concept1. High Risks2. Critical Risks3. Problems
1. Challenge   what is   possible.2. Improve, to   help others
Learning from Apple
Next …
Greenland, Ilulissat, Underwater image of icebergs floating near face of Jakobshavn Isfjord
Anwar Ahmad Abidintwitter.com/xanwara            +6 019-6649328
You are a Risk Manager: Learn the questions of Why, What and How
You are a Risk Manager: Learn the questions of Why, What and How
You are a Risk Manager: Learn the questions of Why, What and How
You are a Risk Manager: Learn the questions of Why, What and How
You are a Risk Manager: Learn the questions of Why, What and How
You are a Risk Manager: Learn the questions of Why, What and How
You are a Risk Manager: Learn the questions of Why, What and How
You are a Risk Manager: Learn the questions of Why, What and How
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You are a Risk Manager: Learn the questions of Why, What and How

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You are a Risk Manager and a CEO of your life.

Keep a Diary of Risks for Personal, Small business, Big business is necessary to clear your mind from lots of things to do.

Learning from 'Fire-Fighting' problem, what is not written, is as good as forgotten.

Risk Management Planning can be simple or complicated.

If you focus the Why we need manage risk and the question of What and How to do it, will become easier.

This presentation slide is prepared for a 45 minutes talk to a group of fellow professional trainers in the process of learning. At the end of the session however, the group leader make a remark that she does not understand what I am selling or what is the next action do I want the audience to take. So, version 2.0 of this presentation is coming along soon.

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You are a Risk Manager: Learn the questions of Why, What and How

  1. 1. You Are A RISK Manager The Least A Manager Should Know
  2. 2. Effect ofUncertainty on ISO 31000 Objectives
  3. 3. Safety Defence Risk is the potential that a chosen action or Medical activity (including theEngineering choice of inaction) will lead to a loss (an Operation undesirable outcome) Project
  4. 4. Risk May Be Future Issue Certain FutureProblem Now
  5. 5. Personal Money, Health, HappinessOperation Sales, Collection, Profit Project Cost, Quality, Schedule
  6. 6. Apple Palm WhyBlackberry Nokia How Ericson What Sony
  7. 7. What? How? Why?
  8. 8. Effect WHYObjectives Uncertainty
  9. 9. GoalsObjectives Purpose Passion Vision Mission
  10. 10. Objective1. Best performance2. Least cost3. On time4. Least surprises
  11. 11. Uncertainty1. Lender2. Insurer3. Contract4. Governance
  12. 12. EffectsProperty Damage.Liability to 3rd Party.Injury.Dispute.Negligence.
  13. 13. Code of Hammurabi; 1772 BC
  14. 14. 1. The disproportionate role of high-impact, hard-to-predict, rare events2. The non- computability of the probability of the consequential rare events3. The psychological biases that make people blind to uncertainty
  15. 15. Pop Quiz 2007196911121972 20 07 1969 11 12 1972What did Eugene "Geno" Cernan did on 11 December 1972Last man on the Moon on Apollo 17
  16. 16. Context HOWEvaluate Analyze
  17. 17. Understand1. Things You Know, You Know2. You Know, You Don’t Know3. You Don’t Know, You Don’t Know
  18. 18. Analyze ImpactLikelihood
  19. 19. Evaluate OpportunityThreat
  20. 20. Prioritize Increase GoodReduce Bad
  21. 21. DecideAcceptShareAvoidMitigate Reduce likelihood Reduce Impact
  22. 22. ControlPreventive Process Detective Inspect Directive InstructCorrective Recover
  23. 23. Risk Plan WHAT Risk RiskReport Register
  24. 24. 3 Parts 5 StepsRisk Assessment Review Context Report Risk Register Evaluate IdentifyRisk Management Plan Analyze
  25. 25. Risk Assessment1. To CRO, Senior Management or Board2. Status of operation or project3. Assumptions that remains right or otherwise.4. List of High Risks.5. List of Critical Risks or risks which have turn into Problem.6. Status of Control and Responses to risks.
  26. 26. Risk Register1. How much are the financial exposure?2. What are the High and Critical Risks?3. How much control do we have?4. How should we respond to the risks?5. What can we do to improve control?6. What are most urgent and important action that we need to take right now?
  27. 27. Risk Management Plan1. What is the project about and objectives?2. What are the assumptions ?3. Who are the project team members?4. What macro uncertainties do we have?5. When and how are we going to identify micro uncertainties?6. What do we do when Risks turn into Problem?
  28. 28. 1. Risk Management PlanWhat do we have? Whatever. What to do? Just do it.When to review? Why review?
  29. 29. 2. Risk Register Concept1. Context When, Where2. Identify List, Cause, Source3. Analyze Likelihood x Impact4. Evaluate Weak / Maybe / Good5. Review …
  30. 30. Risk Register Template Risk Description Likelihood Impact Contol Effect PriorityLate for office due Likely Moderate Set alarm Loss of NU / NIto bad traffic clock at incomecausing discipline 5.30amproblem at workStore caught fire Unlikely High Install fire RM10k U / NIdue to inadequate alarm, smokefire safety sensor andmeasaure causing fireloss of stock. extinguisherFactory flooded Rare Extreme Business RM10m NU / Icausing lack of raw Interuptionmaterials and Insurancecompletedproducts not ableto be exported.
  31. 31. 3. Reporting Risk Concept1. High Risks2. Critical Risks3. Problems
  32. 32. 1. Challenge what is possible.2. Improve, to help others
  33. 33. Learning from Apple
  34. 34. Next …
  35. 35. Greenland, Ilulissat, Underwater image of icebergs floating near face of Jakobshavn Isfjord
  36. 36. Anwar Ahmad Abidintwitter.com/xanwara +6 019-6649328

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