ALARP (As Low As Reasonably Practicable)
A fundamental principle of risk management
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As High or Low As Reasonably Practicable (AHLARP)
Does SO31000 imply that it’s time we traded in ALARP for a newer model: AHLARP?
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Inspiring Leaders - Farragut
"Damn the torpedoes, full speed ahead!"
David Farragut was a flag officer of the United States Navy who is remembered in popular culture for his order at the Battle of Mobile Bay, usually paraphrased as above. Did you know however that he was also the first rear admiral, vice admiral, and admiral in the United States Navy?.....
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ISO31000 and the risk management continuum
Having trouble getting acceptance for risk management because “it’s all too complicated?”
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Mastering the Art of High-Impact Decision Making
In today’s uncertain business environment staff at all levels face complex far-reaching high-impact decisions on a daily basis. Because these decisions impact so many aspects of an organisation—its financials people, reputation and processes—the quality of those decisions has become more critical than ever. The following guidelines may help you ensure that the decisions you make today are the ones your organisations need to create a better tomorrow.
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Six Ways to Manage Leadership Stress
Effective leaders know that stress can be a good thing. It keeps you focused. It makes you competitive. It prompts action. If you're walking into a big client meeting or giving an important speech and you aren't at least a little anxious about it, you probably haven’t put enough effort into it.
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The Business Case for Emotional Intelligence
History may show that the early 21st century proved to be the early stages of a revolution in the way we do business. Certainly, during the last decade interpersonal skills have become more integral to effective leadership (Goleman, 1988). Any number of studies, as well as our own experiences within our group of associates, can offer evidence that people who are intellectually the brightest are often not the most successful, either in business or their personal lives. But if technical proficiency and intellect are not enough to ensure success, what is the crucial ingredient?
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The Changing Face of Cybersecurity
In today’s environment, it is commonplace for business transactions—everything from home shopping to multibillion-dollar deals—to take place over the Internet. But, while the Internet has developed rapidly as a channel for business, security on the Internet has lagged. The Internet has a well-earned reputation as a hostile environment, and the growth of organised cybercrime is evidence that there is not enough being done to manage the risk. In 2004, Butler Lampson noted....
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What's right with risk matrices?
Plenty. Find out why risk matrices are still a great tool for all managers...
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