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Hello and we look forward to your class participation in Dubai, UAE on [TBD] 2012.

Risk Management has rapidly risen as a very important element within many organisations. To be successful a Risk Management programme must do more than simply support organisations in their management of risk. It must provide ‘Risk Intelligence’, meaningful information that enables organisations to make the right decisions at the right time.

To address your needs and expectations, we have created this survey to ensure a learning experience with us provides you with the most benefit. With 24 questions, it should only take 15 minutes of your time.

Your responses will be strictly confidential. However, if you have questions, please contact Ms. Lita Cuen at +44 (0) 758 345 2246 or email [email protected].

Thank you very much for your valuable time and support, we look forward to seeing you in Dubai.

Click on the Continue button below to begin.


LC RISQ & Associates
 
 
Attendee Profile
 
 
 
* What is your first language preference:

 
 
 
* Sector you represent:

 
 
 
* Is your Role / Position?

 
 
 
* Do you currently incorporate risk management responsibilities in your existing position?

 
Yes
 
No
 
Somewhat
 
 
* Are part of your function(s) / responsibilities? (check all that apply):

 
The daily operations of a risk management process / system
 
The identification, assessment, mitigation and communication of risks
 
The execution of risk actions, mitigations, controls and / or corrective actions
 
The reporting of risks
 
The management of risks
 
None of the Above
 
Unsure

 
 
 
ERM Profile
 
 
 
* Organisations that incorporate a strong ERM Programme have at least a 70% better probability of achieving their objectives.

Does your organisation have an ERM Programme that effectively identifies, mitigates, communicates and manages it's risk exposure?

 
Yes
 
No
 
Unsure
 
 
 
* Does your organisation have plans to implement an ERM Programme within the next?

 
1-3 months
 
3-6 months
 
6-12 months
 
My organisation has no plans to implement an ERM Programme
 
Unsure
 
 
 
* Which of the following risk management best practice / methodology does your organisation utilise? (check all that apply):

 
Our organisation does not follow a risk management practice or methodology
 
International Organisation For Standardization (ISO 31000:2900)
 
Australian and New Zealand Risk Management Standards (AS/NZS 4360:2004)
 
King III
 
Committee of Sponsoring Organisations of the Treadway Commission (COSO)
 
Control Objectives for Information and related Technology (COBIT)
 
Unsure
 
Other: Some other risk management practice or methodology (please state)
 

 
 
* If your organisation follows a risk management best practice / methodology is it effective in managing your organisations risk exposure?

 
Yes
 
No
 
Somewhat
 
Unsure
 
Describe Improvements Needed:
 

 
 
 
ERM Process
 
 
 
* Organisations that have open communication are in a much better position to identify their 'opportunities' as well as their threats.

Is risk information easily and openly available to all?

 
Yes
 
No
 
Somewhat
 
Unsure
 
 
 
* Organisations that proactively identify risk actions, mitigations or controls greatly improve their responsiveness with up to a 50% reduction in overall risk exposure.

Do you develop risk actions, mitigations or controls that effectively manage your organisations risks?

 
Yes
 
No
 
Somewhat
 
Unsure
 
 
 
* Organisations that have open communication regarding risks have a greater probability of effectively managing their risks across multiple layers of its business units.

Are your risks openly communicated across multiple business units within your organisation?

 
Yes
 
No
 
Somewhat
 
Unsure
 
 
 
* Open risk communication is often represented by regular iterative formal risk reporting.

Does your organisations openly communicate risks through formal reporting?

 
Yes
 
No
 
Somewhat
 
Unsure
 
Describe Improvements Needed:
 
 
 
 
ERM Tools
 
 
* Do you use a risk register to capture, prioritise and manage your organisation's risks?

 
Yes
 
No
 
Unsure
 
 
 
* Are your organisation's risks captured and managed in spreadsheet(s)?

 
Yes
 
No
 
Unsure
 
 
 
* Do you use guides, checklists, templates or other risk management aides?

 
Yes
 
No
 
Unsure
 
If Other (please state)
 
 
 
 
* Are they effective in the daily management of your organisation's risks?

 
Yes
 
No
 
Somewhat
 
Unsure
 
 
 
* Organisations that capture risk information within a real-time web-based relational database statistically ensure better confidence and credibility in the risk data.

Are your organisation's risks captured and managed in a web-based relational database?

 
Yes
 
No
 
Unsure
 
 
* Is the risk information available providing 'Risk Intelligence' in its reporting outputs?

 
Yes
 
No
 
Somewhat
 
Unsure
 
Could be better by:
 
 
 
 
* Does your organisation plan on implementing a web-based relational database to better manage its risks?

 
1-3 months
 
3-6 months
 
6-12 months
 
No plans to implement
 
Unsure
 
 
 
ERM Return On Investment (ROI)
 
 
* Are risk assessments conducted for all risks that require management decision and action?

 
Yes
 
No
 
Occassionally
 
Unsure
 
 
 
* Do you evaluate a risk's impact compared to the cost to mitigate it and then make decisions based on those results?

 
Yes
 
No
 
Sometimes
 
Unsure
 
 
 
* Organisations that collaboratively share accountability of internal and external risks, improve on-time deliveries by up to 30%, reduce inventories by 20% and increase productivity by 50 - 75%.

Do you participate in internal and external risk collaboration?

 
Yes
 
No
 
Somewhat
 
Unsure
 
 
* Organisations that do not recognise the interdependancies of risks create unnecessary costs and wasted efforts.

Do you identify, manage and communicate risks that have interdependancies and impact multiple business areas within your organisation?

 
Yes
 
No
 
Somewhat
 
Unsure
 
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