risk management training Jan 06 (Pieter).pptVIP

“WELCOME TO A CHALLENGING 2006” Risk Management History As old as mankind itself Man makes fire to protect from the wild and feed to avoid starvation A 20th Century approach arose mainly around financial risks Operational risk and the management thereof mainly found in the art of military warfare (protective clothing etc) Systems of work started developing during the industrial revolution. Prior to this systems of work were common to agriculture government Risk Management History Cont. Systems of work became specialised and aligned to business functions (eg: financial-human resources-production-research development etc.) 20th Century saw huge conflict arising between capital and labour (production vrs labour) The humble birth of “the duty of care” started taking shape. Onus on employee, employer mainly exonerated Late 20th Century saw a balance being created between duties responsibilities Risk Management History Cont. International Labour Organisation (ILO), Trade Unions and Employer organisations formally engaged in Risk Management Legal systems form the basis globally, supported by national standards, industry standards, in-house standards and best practice Commercial systems developed towards ensuring competitiveness (Voluntarism) Risk Management History Cont. Sustainable practice is the order of the day Think local, act global – becoming a reality (eg: 911, December Tsunamis) The traditional insurance role has diminished as effective commercial systems have emerged THE IGH DIVISIONAL STRUCTURE THE YEAR 2006 THE EFFECTS OF CHANGE 1 ON INTERNAL AND EXTERNAL CONDITIONS IN THE OCCUPATIONAL ENVIRONMENT INTERNATIONALY THE EFFECTS OF CHANGE 2 ON THE INTERNAL AND EXTERNAL CONDITIONS IN THE OCCUPATIONAL ENVIRONMENT INTERNATIONALLY THE EFFECTS OF CHANGE 2 ON THE INTERNAL AND EXTERNAL CONDITIONS IN THE OCCUPATIONAL ENVIRONMENT INTERNATIONALLY THE EFFECTS OF CHANGE 2 ON THE INTERNAL AND EXTERNAL CONDITIONS IN THE OCCUPATIONAL ENVIRONMENT INTERNATIONALLY THE EFFECTS O