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    <div class="moz-cite-prefix">Hi Mark,<br>
      just a note of thanks for this impressive response to a
      significant question. Both simple and sophisticated, both grounded
      and creative, - comprehensive and trustworthy.  Good additions to
      Charles' contribution.<br>
      <br>
      We are less involved in this type of professional work these days,
      but useful for all our now mostly voluntary work re climate change
      and many other matters of big concern (as well as many areas of
      our personal and organisational life).<br>
      <br>
      Thanks again and best wishes,<br>
      Maria and Richard <br>
      <br>
      <br>
      On 27/10/2015 7:51 AM, 'Mark Butz' <a class="moz-txt-link-abbreviated" href="mailto:mark.butz@bigpond.com">mark.butz@bigpond.com</a>
      [ICA_Aus_Faculty] wrote:<br>
    </div>
    <blockquote
      cite="mid:000001d11030$22e28440$68a78cc0$@butz@bigpond.com"
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              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">Hi Frank &
                  all <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;"><o> </o></span></p>
              <p class="MsoNormal"><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 <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;"><o> </o></span></p>
              <p class="MsoNormal"><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:
                    <o></o></span></p>
              <p class="MsoNormal"><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
                  likelihood and impact of that risk <o></o></span></p>
              <p class="MsoNormal"><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:<o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;"><o> </o></span></p>
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                      <p class="MsoNormal" style="text-align:center;"
                        align="center"><span
                          style="font-size:11.0pt;color:#1F497D;">High
                          likelihood + <br>
                          Low impact <o></o></span></p>
                    </td>
                    <td
                      style="width:134.5pt;border-left:none;padding:0cm
                      5.4pt 0cm 5.4pt;" width="179">
                      <p class="MsoNormal" style="text-align:center;"
                        align="center"><span
                          style="font-size:11.0pt;color:#1F497D;">High
                          likelihood + <br>
                          High impact <o></o></span></p>
                    </td>
                  </tr>
                  <tr>
                    <td
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                      <p class="MsoNormal" style="text-align:center;"
                        align="center"><span
                          style="font-size:11.0pt;color:#1F497D;">Low
                          impact + <br>
                          Low likelihood<o></o></span></p>
                    </td>
                    <td
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                      1.0pt;padding:0cm 5.4pt 0cm 5.4pt;" width="179">
                      <p class="MsoNormal" style="text-align:center;"
                        align="center"><span
                          style="font-size:11.0pt;color:#1F497D;">High
                          impact +<o></o></span></p>
                      <p class="MsoNormal" style="text-align:center;"
                        align="center"><span
                          style="font-size:11.0pt;color:#1F497D;">Low
                          likelihood <o></o></span></p>
                    </td>
                  </tr>
                </tbody>
              </table>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;"><o> </o></span></p>
              <p class="MsoNormal"><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 <o></o></span></p>
              <p class="MsoNormal"><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) <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;"><o> </o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">Compared with
                  ToP, there are lots of helpful consistencies e.g.:<o></o></span></p>
              <p class="MsoNormal"><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) <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">- addressing
                  ‘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) <o></o></span></p>
              <p class="MsoNormal"><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) <o></o></span></p>
              <p class="MsoNormal"><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)  <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">- after this
                  analysis, a set of (targeted) mitigating or avoiding
                  actions is generated (generally a workshop)<o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;"><o> </o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">All of that is
                  consistent with what Charles has said more precisely –
                  I hope it helps <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;"> <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">Best wishes <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">Mark <o></o></span></p>
              <p class="MsoNormal"><span
                  style="font-size:11.0pt;color:#1F497D;">  <o></o></span></p>
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                  <p class="MsoNormal"><b><span
                        style="font-size:10.0pt;" lang="EN-US">From:</span></b><span
                      style="font-size:10.0pt;" lang="EN-US">
                      <a class="moz-txt-link-abbreviated" href="mailto:ICA_Aus_Faculty@yahoogroups.com">ICA_Aus_Faculty@yahoogroups.com</a>
                      [<a class="moz-txt-link-freetext" href="mailto:ICA_Aus_Faculty@yahoogroups.com">mailto:ICA_Aus_Faculty@yahoogroups.com</a>] <br>
                      <b>Sent:</b> Tuesday, 27 October 2015 12:08 AM<br>
                      <b>To:</b> <a class="moz-txt-link-abbreviated" 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<o></o></span></p>
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              <p class="MsoNormal"><o> </o></p>
              <p class="MsoNormal">  <o></o></p>
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                        <p class="MsoNormal">Thanks Charles.<o></o></p>
                      </div>
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                        <p class="MsoNormal"><o> </o></p>
                      </div>
                      <div>
                        <p class="MsoNormal"
                          style="margin-bottom:12.0pt;">The Wikipedia
                          item is useful, too.<o></o></p>
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                        <p class="MsoNormal">To: <a
                            moz-do-not-send="true"
                            href="mailto:ICA_Aus@yahoogroups.com"><a class="moz-txt-link-abbreviated" href="mailto:ICA_Aus@yahoogroups.com">ICA_Aus@yahoogroups.com</a></a><br>
                          From: <a moz-do-not-send="true"
                            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>
                          <br>
                            <o></o></p>
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                                <p class="MsoNormal"><span
                                    style="font-size:10.0pt;background:white;">Hi
                                    Frank and all</span><span
                                    style="font-size:10.0pt;"><o></o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
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                                <div>
                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;">My
                                      "project management" mostly in
                                      information technology projects
                                      involved a lot of risk
                                      management. <o></o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
                                </div>
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                                  <p class="MsoNormal"
                                    style="background:white;"><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. <o></o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
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                                  <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.<o></o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><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. <o></o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
                                </div>
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                                  <p class="MsoNormal"
                                    style="background:white;"><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.<o></o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
                                </div>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><a
                                        moz-do-not-send="true"
                                        href="https://en.wikipedia.org/wiki/Risk_management"
                                        target="_blank"><span
                                          style="color:#598FDE;">Wikipedia
                                          has good coverage of risk
                                          management</span></a>.<o></o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;">Cheers<o></o></span></p>
                                </div>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;"><o> </o></span></p>
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                                  <p class="MsoNormal"
                                    style="background:white;"><span
                                      style="font-size:10.0pt;">Charles <o></o></span></p>
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                    <p class="MsoNormal"><span style="color:white;">._,_.___<o></o></span></p>
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                    <p class="MsoNormal">Posted by: frank bremner <<a
                        moz-do-not-send="true"
                        href="mailto:fjbremner@hotmail.com"><a class="moz-txt-link-abbreviated" href="mailto:fjbremner@hotmail.com">fjbremner@hotmail.com</a></a>>
                      <o></o></p>
                    <p class="MsoNormal">G'day colleagues<o></o></p>
                    <p class="MsoNormal"><o> </o></p>
                    <p class="MsoNormal">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></o></p>
                    <p class="MsoNormal"><o> </o></p>
                    <p class="MsoNormal">Anyway, down to business.  I've
                      been helping a friend doing a TAFE-level course
                      in Managing 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></o></p>
                    <p class="MsoNormal"><o> </o></p>
                    <p class="MsoNormal">Risk Management, from the
                      "management" area, seems to overlap with the area
                      we used to call Contradictions.  <o></o></p>
                    <p class="MsoNormal"><o> </o></p>
                    <p class="MsoNormal">Any reflections?<o></o></p>
                    <p class="MsoNormal"><o> </o></p>
                    <p class="MsoNormal">Cheers<o></o></p>
                    <p class="MsoNormal"><o> </o></p>
                    <p class="MsoNormal">Frank Bremner<o></o></p>
                    <p class="MsoNormal"><span style="color:white;"><o></o></span></p>
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            <hr style="height:2px ; border-width:0; color:#E3E3E3;
              background-color:#E3E3E3;"> Posted by: "Mark Butz"
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