The Case for Proactive Risk/Crisis Evaluation

During the last 20 years, experts monitored the crisis readiness of the Fortune 500 companies and classified them in two groups:

1. proactive companies that evaluated and prepared for crises
2. reactive companies that dealt with crises as they occurred

The results of that long term monitoring effort were simple. The proactive companies: live longer face less crises do better in financial terms have a better corporate reputation

Crisis prepared companies: suffer fewer crises recover faster are more profitable

The frightening reality highlighted by this research was that less than 25 percent of the Fortune 500 companies were proactive!

There are no immune industries... mining is as susceptible to risk and crises as any other industry.

This course will show you how to be proactive, and give you the background and tools to evaluate risk and to plan and prepare for crises. In short, it will show you how to engineer for success in mining. 

Course Content

The course comprises 12 learning sessions, each of 30 - 60 minutes duration, plus supporting figures, tables, images, references, case studies, and interactive reviews that confirm achievement of the learning objectives. The total duration of the course is estimated at 10 hours. 

Learning Outcomes

1. Identify and apply the tools and methods available for evaluating, planning and preparing for crises.
2. Recognize the principles of Process Safety Management (PSM) and their application to industrial processes.
3. Recognize the principles of quantitative analysis of risk and their application to Risk Based Decision Making (RBDM).

Duration: 10 Hours

Category: Leadership

Level: Advanced