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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Thanks Mark<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Yes this is the model that I used in my Board work.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">We also use something like this at CSU – I can’t find it at the moment so I have attached the one for Uni of Adelaide.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Cheers Hedy<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Hedy Bryant<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Acting Manager Diversity and Equity | Division of Human Resources<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">and<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Program Coordinator<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Introduction to Leadership for Women Program<o:p></o:p></span></p>
<p class="MsoNormal"><i><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Certified Professional Facilitator (International Assoc. of Facilitators)<o:p></o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Charles Sturt University<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Panorama Avenue</span><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Bathurst, NSW 2795<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Australia<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Tel: +61 2 63384555<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Fax: +61 2 63384555<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141">Email:
</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a href="mailto:name@csu.edu.au"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:blue">hbryant@csu.edu.au</span></a></span><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#414141"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a href="http://www.csu.edu.au/"><b><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#C4262E">www.csu.edu.au</span></b></a><o:p></o:p></span></p>
<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">I work variable days and will respond to your email within 3 days<o:p></o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a href="http://twitter.com/charlessturtuni"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:blue">Twitter</span></a></span><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#C00000">
| </span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a href="http://facebook.com/charlessturtuni"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:blue">Facebook</span></a></span><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#C00000">
| </span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a href="http://linkedin.com/groups?gid=163050"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:blue">LinkedIn</span></a></span><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:#C00000">
| </span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a href="http://youtube.com/user/CharlesSturtUni"><span style="font-size:9.0pt;font-family:"Arial","sans-serif";color:blue">YouTube</span></a></span><span style="font-size:11.0pt;font-family:"Arial","sans-serif";color:#1F497D">
<span lang="EN-US"><o:p></o:p></span></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Give Generously – Help students to achieve their goals. You can help Australians to go to University and succeed in their studies by giving to the Charles Sturt
University Foundation. <br>
To find out more or to make a donation, go to the Foundation </span><span style="font-size:9.0pt;font-family:"Calibri","sans-serif";color:red"><a href="http://www.csu.edu.au/special/foundation"><span style="color:blue">www.csu.edu.au/special/foundation</span></a>
</span><span style="font-size:9.0pt;font-family:"Calibri","sans-serif";color:#1F497D">website. Australian donations are tax deductible.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> ICA_Aus_Faculty@yahoogroups.com [mailto:ICA_Aus_Faculty@yahoogroups.com]
<br>
<b>Sent:</b> Tuesday, 27 October 2015 7:52 AM<br>
<b>To:</b> ICA_Aus_Faculty@yahoogroups.com; 'ICA_Aus@yahoogroups.com'; 'Charles Jago'; 'Dialogue ICA'<br>
<b>Subject:</b> RE: [ICA_Aus_Faculty] Re: Risk Management<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">Hi Frank & all
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">Frank, thanks for revealing nostalgic music as a legal way to get ‘high’ – will try it out tonight
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">My work has a slightly different take on this – many of my clients in government and not-for-profits work within a broadly consistent
frame, although the process varies: </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">A preferred state or a set of preferred actions are analysed for risk by 1) identifying risk and 2) assessing both likeli hood and impact
of that risk </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">As a guide to priority effort, these can be plotted in a simple quadrant (there had to be a quadrant!) e.g. likelihood on vertical axis,
impact on horizontal axis:</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D"> </span><o:p></o:p></p>
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<span style="font-size:11.0pt;color:#1F497D">High likelihood + <br>
Low impact </span><o:p></o:p></p>
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<span style="font-size:11.0pt;color:#1F497D">High likelihood + <br>
High impact </span><o:p></o:p></p>
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<span style="font-size:11.0pt;color:#1F497D">Low impact + <br>
Low likelihood</span><o:p></o:p></p>
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<span style="font-size:11.0pt;color:#1F497D">High impact +</span><o:p></o:p></p>
<p class="MsoNormal" align="center" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;text-align:center">
<span style="font-size:11.0pt;color:#1F497D">Low likelihood </span><o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">The priority effort needs to be focused on upper right risks – this involves strategies and actions to mitigate the impact and/or to
reduce the likelihood of that risk biting </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">Little effort is warranted in lower left, and the others need case-by-case thought (although most will retain some focus on high impact
risks, regardless of perceived likelihood) </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">Compared with ToP, there are lots of helpful consistencies e.g.:</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">- generating the preferred state (desired future, practical vision) or initial set of actions or actions to mitigate and avoid risk
can be done by focused conversation or workshop (depending on scale and context)
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">- addressing ̵ 6;risk’ requires people to layer down to causal factors (I am avoiding ‘root cause analysis’ here because it has become
tainted with controversy) – essentially, to work out what is driving what (what begets what) because if we target risk mitigation & avoidance actions further down the chain of causality, we have can have an effect on multiple identified risks – we sap the
strength from ‘below’ - not much different from the approach commonly taken for contradictions (underlying obstacles, underlying reality)
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">- in explaining this to participants beforehand, I like to have a conversation about road safety, work safety or health to illustrate
how a range of factors for both avoidance of likelihood and mitigation of impact might be considered (personal protective equipment is a common one – sometimes we can’t or don’t want to avoid a situation but we can reduce its impact with forethought about
having protective apparatus available) </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">- plotting into the quadrant is a case of using ‘given categories’ (often a workshop) – this is a very useful dialogue for participants
about the interaction between the nature of their business, the way they do business, and their working context(s) </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">- after this analysis, a set of (targeted) mitigating or avoiding actions is generated (generally a workshop)</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">All of that is consistent with what Charles has said more precisely – I hope it helps
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="color:#1F497D"> </span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">Best wishes
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D">Mark
</span><o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:11.0pt;color:#1F497D"> </span><o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span lang="EN-US" style="font-size:10.0pt">From:</span></b><span lang="EN-US" style="font-size:10.0pt">
<a href="mailto:ICA_Aus_Faculty@yahoogroups.com">ICA_Aus_Faculty@yahoogroups.com</a> [<a href="mailto:ICA_Aus_Faculty@yahoogroups.com">mailto:ICA_Aus_Faculty@yahoogroups.com</a>]
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<b>Sent:</b> Tuesday, 27 October 2015 12:08 AM<br>
<b>To:</b> <a href="mailto:ICA_Aus@yahoogroups.com">ICA_Aus@yahoogroups.com</a>; Charles Jago; Dialogue ICA; Faculty ToP<br>
<b>Subject:</b> [ICA_Aus_Faculty] Re: Risk Management</span><o:p></o:p></p>
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<p class="m">Thanks Charles.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt">The Wikipedia item is useful, too.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">To:
<a href="mailto:ICA_Aus@yahoogroups.com">ICA_Aus@yahoogroups.com</a><br>
From: <a href="mailto:ICA_Aus@yahoogroups.com">ICA_Aus@yahoogroups.com</a><br>
Date: Sun, 25 Oct 2015 23:08:12 +1100<br>
Subject: [ICA_Aus] Re: Risk Management<br>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:10.0pt;background:white">Hi Frank and all</span><o:p></o:p></p>
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<span style="font-size:10.0pt">My "project management" mostly in information technology projects involved a lot of risk management. </span><o:p></o:p></p>
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<span style="font-size:10.0pt">It comes down to what could go wrong, so that you have plans in place to deal with eventualities. Also awareness to notice issues before they get out of hand. Some of these are quite basic, such as what happens if there is a flood,
power failure, financial crisis or whatever. This is a big deal for pilots, where accidents happen when things aren't under control. Airline risks are usually OK until two or more things go wrong at once, leading to accidents. </span><o:p></o:p></p>
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<p class="MsoNormal">< p class="MsoNormal" style="background:white;"><span style="font-size:10.0pt">From my perspective, contradictions focus more on the underlying things, while most risk management is fairly objective.</span><o:p></o:p></p>
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<span style="font-size:10.0pt">People in risk management do brainstorming and classifying risks, so that could look like an issues workshop. So there is some overlap. </span><o:p></o:p></p>
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<span style="font-size:10.0pt">Over time, especially with the introduction of ISO 31000, risk management has moved to cover more systemic issues, so this would also feed the overlap with contradictions you have noticed.</span><o:p></o:p></p>
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<span style="font-size:10.0pt"><a href="https://en.wikipedia.org/wiki/Risk_management" target="_blank"><span style="color:#598FDE">Wikipedia has good coverage of risk management</span></a>.</span><o:p></o:p></p>
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<span style="font-size:10.0pt">Cheers</span><o:p></o:p></p>
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<span style="font-size:10.0pt">Charles </span><o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Posted by: frank bremner <<a href="mailto:fjbremner@hotmail.com">fjbremner@hotmail.com</a>>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">G'day colleagues<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">I'm on a bit of a "high", having been to a concert with Burt Bacharach last night - two hours, no interval, and almost every Bacharach song you could think of - even back to Liberty
Valance and 24 Hours from Tulsa. Great backing musicians (about a dozen) and singers (three plus some of the musicians). And at almost half-price, thanks to a group called Lasttix, who promote slow-selling shows.<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Anyway, down to business. I've been helping a friend doing a TAFE-level course in Man aging Risk. (TAFE = Technical and Further Education > similar to the US community college.)
I've not touched "risk" in this context before. Has anyone done so?<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Risk Management, from the "management" area, seems to overlap with the area we used to call Contradictions.
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Any reflections?<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Cheers<o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"> <o:p></o:p></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto">Frank Bremner<o:p></o:p></p>
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<p class="MsoNormal">Posted by: "Mark Butz" <<a href="mailto:mark.butz@bigpond.com">mark.butz@bigpond.com</a>>
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