Breaking Down Assumptions in Risk Workshops

Lack of knowledge means more uncertainty means greater risk. Assumed knowledge can be even more dangerous than lack of knowledge and risk workshops are a safe haven for assumptions because of time limitations and dominant personalities. Here are four sources of assumptions with some tips on how to handle them during a risk workshop:

1. Seniority - When you have senior people in the room, too many people a ssume they are right, or will give them the benefit of any doubt in their mind because of their seniority. If a senior person is making an emphatic point, pause the session immediately afterward and ask the room if they agree and survey the room for anyone looking like they are holding back and ask them specifically for their opinion - you will often be surprised with the result.


2. Research Vacuum - Too many people perceive research as too hard, too costly or both. Help the group to identify where there is most uncertainty in their risk assessment and ask them what it might be worth to be more certain about that risk. They then have a maximum budget for research that they can look into using. Sometimes a few "outside the box" suggestions are needed to get them thinking about how they might find some answers within the budget.


3. Historical Inertia - "This is just the way things have been and they have worked alright up until now". A classic comment which may be entirely valid (see next point), however, it must be challenged even if the environment is changing just a little bit. Start by asking what the results were of the latest "environment scan" for their business unit. This often shakes a few thoughts loose.


4. Change Agent - Quite the opposite of historical inertia; some people assume change is necessary because they perceive themselves as a "change agent". Sometimes "if it's not broken don't fix it" overrides the need to break historical inertia. At worst suggest the need for a risk assessment of any major changes after the workshop. Where time permits, do a mini risk assessment of the suggested changes then and there.

Votes: 0
E-mail me when people leave their comments –

Bryan is a management consultant operating since 2001, specialising in risk-based decision making and influencing decision makers, born from his more than twenty years of facilitating executive and board workshops.

Bryan’s experience as a risk practitioner includes the design and implementation of risk management programs for more than 150 organisations across the public, private and not-for-profit sectors.

Bryan is the author of Risky Business : How Successful Organisations Embrace Uncertainty; Persuasive Advising : How to Turn Red Tape into Blue Ribbon, and Team Think : Unlock the Power of the Collective Mind [to be published in 2022].

He is licenced by the RMIA as a Certified Chief Risk Officer (CCRO) and is the designer and facilitator of their flagship Enterprise Risk Course since 2019.

<a href="http://www.bryanwhitefield.com">www.bryanwhitefield.com</a>

You need to be a member of Global Risk Community to add comments!

Join Global Risk Community

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead