September 7, 2021 at 1:30 am #5391September 7, 2021 at 1:40 am #5407
Note that Qu.6 in the PDRM assignment relates to this topic (ISO 31000, applied to either a humanitarian or Covid-19 situation).
September 14, 2021 at 8:12 am #5436Participant
- This reply was modified 1 week, 3 days ago by Chris Piper.
Hope everyone is having a nice week!
I must say, I’m not privy to all of the backend/management of the organisation’s risks, however understand some of the processes (which I think is important from a risk perspective – having all employees understand the basics/where to go – at least).
As discussed with Mark in our last session, risk in a development organisation can look different to risk in an aid organisation. I work in a development organisation, and one of the risks that are managed are financial/compliance risks:
Establishing context: we need to understand the compliance requirements for all the countries we work in – led from local colleagues/lawyers/specialists
Risk assessment: identifying, analysing and evaluating the risks and what is required for ongoing compliance (given the rules change all the time!). Making sure that the correct people in the organisation understand this.
Risk treatment: continually working with local staff and specialists to ensure organisation is compliant.
Monitoring & review: these risks need constant monitoring as compliance rules change/there are annual obligations etc.
Communication & consultation: this happens throughout the process with specialists (eg lawyers) in the country we are working in.
Thanks allSeptember 14, 2021 at 11:48 pm #5439
Thanks, Chloe, for giving us a perspective on how this works for development agencies, especially in dealing with such issues such as financial/compliance. When we move on to our session next week on the Ten Seed Technique (TST) ranking tool, and its application to Community Bsased Disaster Risk Management (CBDRM) initiatives, consider the strengths of the TST. I think it’s a fabulous tool to brainstorm with participants what the risks are; score & rank these; and then look at a process of causes, effects & possible solutions. Whilst this is easily carried out in a face-to-face classroom setting, I think it’s also possible to do remotely 9ie in times of Covid-19).
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