The fact that you survived a previous crisis does not make you a risk management expert.
Horst Simon The Original Risk Culture Builder
Transformational Nonconformist-It is time to Think Differently about Risk. "It didn’t take guts to follow the crowd, that courage and intelligence lay in being willing to be different" Jackie Robinson
Surviving a crisis can be a significant accomplishment and a source of pride for individuals and organizations. However, just because you have survived a crisis does not mean that you are a risk management expert. In fact, it is important to recognize the difference between surviving a crisis and being able to effectively manage risk.
Risk management is the process of identifying, assessing, and prioritizing potential risks and implementing strategies to mitigate or avoid those risks. It involves a thorough understanding of the organization's operations, assets, and vulnerabilities, as well as the ability to anticipate and plan for potential threats.
On the other hand, surviving a crisis can be the result of luck, circumstance, or the actions of others. It does not necessarily indicate that the organization had a comprehensive risk management plan in place or that the individuals involved had the expertise to effectively manage the situation.
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Being able to survive a crisis does not make you a risk management expert, but being an expert in risk management can help you to survive a crisis. Organizations that have a solid risk management plan in place and trained staff are more likely to be able to anticipate and mitigate potential threats, reducing the likelihood of a crisis occurring in the first place.
In addition, having the appropriate knowledge and skills to manage a crisis when it does occur can minimize the damage and help the organization to quickly recover. This includes identifying the root causes of the crisis, implementing effective communication and incident response plans, and having the ability to make quick and informed decisions.
In conclusion, while surviving a crisis is commendable, it should not be confused with expertise in risk management. Organizations and individuals who want to be truly prepared for potential threats should invest in developing a comprehensive risk management plan and training staff on how to effectively manage risks. This will ensure that they are better prepared to survive a crisis if one does occur and minimize the damage caused.
Passionate Veteran | Results-Driven | Maintenance/Asset Management Professional | High Standards | Excellent Collaborator | Experienced Tradesman |
10 个月A great article. Often in maintenance we have what are referred to as the #whiteknights. They come in and “fix” the failure that is affecting operations. Then we all pat the hero on the back and get back after it. Not very often do you see a group run a RCA or create something, anything that could help them the next time. Their strategy is to spread out these white knights. I suppose in essence, it is a strategy but it’s 1 dimensional. #assetmanagement #askaboutrisk #itsokayifyoudontknow
System Safety Engineering and Management of Complex Systems; Risk Management Advisor...Complex System Risks
1 年Hm..."surviving a crisis"? How about proactive contingency analysis and risk assessment to mitigate crisis risks?
?? Third-sector Integrity, Risk, and Compliance Advisor | ?? Tolerable Risk podcast host | ?? Doctoral candidate at the University of Bath
1 年It doesn't make you an expert but it certainly gives you points of reference. ??
Risk Management Leader | Problem Solver
1 年Thank you for sharing Horst Simon Risk Culture Builder - excellent reminder to have a good plan in place. But don't lock that away - keep reviewing the plan and adjust it to changing conditions. Risk management is almost a daily activity!
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1 年Yes and no. You are right in saying you can just have been lucky, but if you survive a crisis, whether you had a plan or not, means that you spent a good amount of time thinking and acting in response of the crisis, learning timeframes, challenges and other important actual points you may not even consider when drafting, or even testing, a plan. If I think about personal crisis (and these are all unexpected, I doubt that most people plan for a severe disability, kidnapping or divorce) I am convinced that if you lived through one then you know much more than you could ever know if you hadn't. Conversely, if you have always done good planning but never experienced a real crisis, you could well be an expert on theory but you can be less prepared than you assume. Of course between the two I would rather do and prioritise risk planning, but it's not so black and white to me