computing webinar - creating a culture of risk management
DESCRIPTION
A presentation originally created for a webinar hosted by Computing Magazine, focusing on the question of how to create an effective culture of risk management within ITTRANSCRIPT
© 2009 Quocirca Ltd
Creating a culture of “Risk Management”
Simon Perry Principal Associate Analyst - Sustainability
Risk analysis
Low risk
High risk
Risk appetite
© 2009 Quocirca Ltd
Risky business
Low risk
High risk
Risk appetite
Risk management
inflection point
Reactively pay the cost of risk
Proactively pay the cost of risk • technology • people, process, education • insurance
© 2009 Quocirca Ltd
Risky business
Risk appetite
Risk management
inflection point
Cost of recovery
Preventative technology
Education programs for users
Insurance
Potential lost opportunity
Low risk
High risk
© 2009 Quocirca Ltd
© 2009 Quocirca Ltd
© 2009 Quocirca Ltd
© 2009 Quocirca Ltd
externality: the cost of a decision that is borne by people other than those
taking the decision
© 2009 Quocirca Ltd
values are a primary source of motivation in people’s lives
© 2009 Quocirca Ltd