Redrisks Reviews 

A good introduction to risk management for workplace and process safety. The book provides comprehensive coverage of the different elements a risk management framework is made of. It does so pragmatically and succinctly enough.

Some of the information is immediately useful to the busy operational/safety manager as reference material to check whether they have in place the essential elements of the risk management framework. It also contains tips, advice, and examples to illustrate the main points. It will be an useful companion for managers as its practical advice I am sure will help them to stay grounded and avoid unnecessary complexities.

I did enjoy the sections on risk matrices, head maps, and dashboards; all three are excellent tools to communicate with top leaders and help you to put the message across visually.
The book would have been enhanced if it had had a more refined layout though.

Overall it is a good introduction that will help the reader to strike the right balance and lay the foundations for further exploration of the topic.

1 – Risk Management – Simplified – A Definitive guide for Workplace and Process Risk Management, provides readers a clear guidance on the ‘meat and bones” of Risk Management Framework, which in my own experience I have come across a lack of deep understanding within Organisations about Risk Management perspective. At the start of the book the author, have rightly asked the “correct” questions for each readers to answer – which is very pertinent to Risk Management. I particularly find this as an interesting approach for readers to do sort of “check and balance” on approaches to Risk Management process within each organizations especially for risk practitioners. In short the content of the book clearly achieved its goal in explaining the approach and techniques that can be applied for risk management in general.

2- Each set of components of Risk Management Framework is well explained and spelled out in simplistic language to enable readers understand from basics to advance level. Each chapters are well referenced to ISO standard and I particularly like the idea of repeating the important/pertinent definitions in each chapters to enable readers to keep in mind about the essence of each terminologies. The author covers all aspects of Risk Management subject in a balanced fashion. The approach taken are combination of analytical, chronological and descriptive. These approach are quite well balanced in each chapters.

3 – The book also provides well supported argument mostly based on ISO as well as authors personal experience, which adds a unique approach to this book which often missed in other related Risk Management book.
The book provided me a fair and basic understanding of Risk Management processes and I do believe it would be a good read for all Risk Management practitioners. This book is a must read for all RM practitioners either SMEs (to refresh corporate memory loss which can take place sometimes or in other word ‘to avoid complacency’) and Risk Management practitioners.

A great book for the beginners, senior managers and business owners to better understand risks and how to manage them for their business in a truly simplified way!

• Simple explanation of risk = consequence * likelihood OR risk = hazard * likelihood
• Excellent elaboration for Risk Management = Foundations + Arrangements = Risk management policy + Risk management plan
• Nice explanation of HIRA = Hazard Identification and Risk Assessment
• Excellent explanation on how to prepare a risk tolerability matrix with colours and numbers to add further dimension to understand relativity of similar risks tolerability
• I like the KPI chapter and also the balance score card development in the book.
• Risk monitoring is important and this is also discussed in the book.
• Reviewing of risk framework, policy and plan are also covered. Audit process part is also well covered.
• ALARP introduction and discussion for managing risks would have been great if included in the book
• Closing comments are excellent with some practical advice.

I recommend it to anyone who needs to understand and manage risks for business.

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