The common conception for addressing risk is to focus on the defensive aspects.
“Identify the risk, reduce the likelihood or the impact!”
As we navigate the trials and tribulations of everyday operations, we feel the comfort blanket of self-preservation when we deal with risk. Why don’t we shift the paradigm and take on a different approach. We can share the focus between avoidance and opportunity or even align more with developing the opportunity. This focus aligns with the upcoming release of the new ISO 9001 and 14001 Standards so it is worth considering how you can adopt this principal for your risk management function.
Developing the opportunity creates a positive spin to the management of risk. Can you identify tangible opportunities that you can develop from the management of your identified risks? Consider how these opportunities can be measured.
