Internationally, Australian local governments are among the most sophisticated and prevalent with respect to Enterprise Risk Management (ERM) implementation. By way of example, out of 103 Canadian local government websites examined 15 have an ERM policy. In the United States, out of over 200 websites examined only 7 has some aspect of ERM. In Australia, of 140 websites examined 71 had an ERM policy. Continue reading
Category Archives: Government@Risk – Jim Kline
#219 – ISO 9001:2015 CERTIFICATIONS AND AMERICAN SOCIETY FOR QUALITY – JAMES KLINE PH.D.
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I am a Senior member of ASQ, a quality professional association. I have two ASQ certifications. One, the Manager of Quality and Organizational Excellence (MQ/OE), is the highest general certification ASQ offers. The other is a Six Sigma Green Belt (SSGB). Over the past year or so, I have become concerned about the viability of ASQ. Some friends now liken ASQ to a Moose Lodges. While some lodges are still around, they are pretty much relics of earlier generations. Continue reading
#212 – CRITICAL RISKS AND ENTERPRISE RISK MANAGEMENT – JAMES KLINE PH.D.
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In other pieces the Lloyd’s of London City Risk and the Natural Hazard Mitigation Saves studies were discussed. It was noted that both studies provide an assessment of the costs associated with the adverse impact of risk events. The Natural Hazard study focused on natural Hazards, while the Lloyd’s study incorporates both man-made and natural hazard risk events. Continue reading
#211 – NATURAL HAZARD MITIGATION SAVES – JAMES KLINE PH.D.
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The year 2017 was a good year for conducting risk mitigation studies. Two 2017 studies came out about the same time. In 2018, Lloyd’s of London and Cambridge published their 2017 risk assessment study. Several months earlier, the National Institute of Building Science published “Natural Hazard Mitigation Saves: 2017 Interim Report”. The Lloyd’s of London and Cambridge study are discussed in another piece. The differences between the two studies is that the Lloyd’s study is a global assessment. It also expands the risk perspective by including man-made and natural hazard risks. Continue reading
#210 – CITY RISK INDEX AND ERM – JAMES KLINE PH.D.
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Recently, Lloyd’s of London in conjunction with the University of Cambridge Center for Risk Studies, published the results of their global risk analysis. Lloyd’s document is entitled “Lloyd’s City Risk Index: Executive Summary”. Cambridge has entitled theirs “Cambridge Global Risk Outlook 2017”. This is their second risk assessment. The first was published in 2004. Continue reading