Next meeting:
| Date |
19 May 2008 |
| Time |
9:30 - 2:30 onwards |
| Presentations |
- Project Risk management - Ernst & Young,
- Bristol Alliance Regeneration Project & British Energy
Next group meeting flyer (pdf 112Kb)
|
| Location |
Regeneration Project Headquarters,
Bristol Alliance,
Floor 16,
Castlemead,
Lower Castle Street,
BS1 3AG
Bristol, UK
This site is walking distance from Temple Meads, next to the Bristol City Centre Marriott hotel and next to an NCP with parking. |
The event is free to members and has been very well represented to date. Please note that this event is likely to be very popular and thus numbers will be limited.
The outline for the day is as follows:
- Alistair Smith, Chief Risk Officer, Risk Management, British Energy discussing his role and the handling of projects at British Energy.
- Ernst & Young Risk management Consultants - tools and mechanisms to handle projects
- Presentation from the Bristol Alliance Project Team on the Cabot Circus development in Bristol. This is the prestigious £500m regeneration of Bristol's commercial city centre. More information is available here.
- Our closing session is a roundtable discussion. We are hoping the output can be published as a special article by the IRM.
The meeting will start with coffee/registration at c9:30am, with presentations and formal discussions commencing at 10:00am. We expect the event to end after lunch around 14:00hrs, with opportunities for continued "networking" during the day.
Lunch and refreshments will be provided on the day by E&Y so any special dietary requirements please let me know.
I would be most grateful if you could reply, indicating whether you would like to attend as the venue size is limited.
Fergus Dolan fergus.dolan@marsh.com
Bulletin:
The South West and Wales Institute of Risk Management group has been
running for over three years now. The group regularly attracts between 12
and 20 members; mostly corporate risk managers from major UK organisations.
At this recent presentation we had an initial presentation from Ben Davies,
a risk manager at Mace Limited. Ben presented a paper on how to get a
laserlike focus on treating risks. Ben also opened a debate on the extent
to which a risk manager needs to get his hands dirty and how do you define
added value that the risk manager must bring. this opened up a whole
discussion on the key performance indicators or scorecard for the corporate
risk manager. Ben will be expanding further upon this research In a future
paper for the Institute of Risk Management.
As usual, the meeting then undertook a roundtable on a key risk management
issue. At this meeting we discussed some of issues relating to
reputational risk.
It was clear that the importance of brand is boardroom level issue. The
board seems to clearly recognise that it has a clear impact on the
bottom-line performance of our organisations. We have to be aware that
major brands a guaranteed target for the press so a robust media management
process is critical to manage these inevitable assaults.
Although reputation risk is difficult to quantify, the group did recognize
the value of clarifying for stakeholders what the impact could look like
e.g. number of complaints, negative press coverage, lost clients, failure
to attract new contracts or fall in share price.
The group recognized the value of sorting these impacts into low medium and
high to assist the board focus its attention and its treatment energy.
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