Organisational risk management Flashcards
Risk defined
The effect of uncertainty on objectives
4 Types of risk and how we manage them
Operational risk
corporate risk
portfolio risk and
strategic risk
Strategic risk
Affect the achievement of strategic objectives in our business
Overseen by the executive leadership team
Portfolio risks
Investment portfolios related to the delivery of portfolios programs and projects
Once delivered or become BAU risks past to other parts of the business
Corporate risk
Affect the achievement of Cross organisational objectives (legislative and regulatory compliance information management asset management people and capability)
Overseen by police governance groups
Operational risk
Affect the achievement of day-to-day operations
May relate to planned objectives and deliverables at an operational level
National operations steering group and the application of TENR. Oversees risk
Risk management process
Communicate and consult – Establish context Identify risk Analyse risk Evaluate Take action Monitor and review –
Evaluate– We may decide to…
act
Monitor
Accept or
Acknowledge that effective management is achieved
Three reasons why we need to know about health and safety
Legal– It’s the law
Ethical – looking after our people is the right thing to do
Our business – good health and safety is good business
Defining health
HSW a defines health has been both physical and mental
Police must have affective systems for protecting people’s health both physical and mental from work related factors
Deciding what reasonably practicable To ensure the health and safety of yourself your people and others
First – consider what is possible in your circumstances
Second – of the possible actions consider what is reasonable to do in your circumstance
You need to achieve a result that provides the highest protection that is reasonably practicable in your circumstance
Hierarchy of control
Elimination Substitution Engineering controls Administrative controls PPE
What is a near miss
An unplanned or unexpected event that occurs as a result of policework activities and under slightly different circumstances could have resulted in harm to a person but did not
A near miss is an opportunity to
Prevent a future injury before someone is hurt
Went to notify Worksafe
Being admitted to hospital (admitted means getting a bed)
Serious head injuries
Loss of consciousness
