Practical ideas: Include the principles of risk-based decision-making in induction training for new employees

New hires come from a variety of education and experience backgrounds and most importantly, each new employee has their own perception of what is an acceptable risk. It is important for risk managers to cooperate with the Human Resources department or any other business unit responsible for training, to jointly carry out training on the basics of risk management for all new employees.

One of the risk managers we interviewed mentioned that the risk management induction should not be long. It should take about ten minutes and include the basics of business and investment decisions under uncertainty, key risk management roles and responsibilities and the ISO31000:2018 risk management principles as per the company’s Risk Management Policy.

HERE IS A QUICK CHECKLIST TO TURN THIS SECTION INTO ACTIONS

Review existing induction programmes for new employees

Check out other risk management books

Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management
The Standard for Risk Management in Portfolios, Programs, and Projects
Discuss with HR whether to develop a new induction training dedicated to risk management or include risk management messages in existing inductions

Deliver induction training face to face or record an online risk management induction course

Consider hiring RISK-ACADEMY to develop an online risk management induction programme for you. The company can be found at http://www.risk-academy.ru/en/corporate-risk-management-training

 

USEFUL VIDEOS

https://www.youtube.com/watch?v=ZojnD4c3JqQ

RISK-ACADEMY offers online courses

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Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!

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ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.

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Управление рисками

В этом коротком и очень увлекательном курсе, Алексей Сидоренко расскажет о причинах внедрения риск менеджмента, об особенностях принятия управленческих решений в ситуации неопределенности и изменениях в новом стандарте ИСО 31000:2018.

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