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The Risk Paradox: How Effective Risk Management Undermines Risk Management
- The Observed Problem
- Risk Puzzles
- Risk Management Challenges
- Wolf Parables
- Risk Management System Effects
- Stabilizing & Improving Risk Management
Overview of the webinar
Building and implementing effective risk management practices is hard. Sustaining them is harder. Why? How can you stabilize risk management efforts without having them become calcified? This session will explore the challenges of sustaining risk management efforts so that they aren’t victims of their own success.
Who should attend?
- Project managers & Project Sponsors
Why should you attend?
Improving an organization’s risk management efforts can seem like a Sisyphean task - one step forward, two steps back. Why? Is there something inherent in human or organizational behavior that makes us incapable of sustaining and improving our approach to risk?
While risk management theory continues to advance, improving implementation on the ground has been problematic. Though most executives readily acknowledge risk management is an essential practice, few can point to the broad accomplishments and sustainability of their organization’s risk efforts.
Many risk practitioners have seen multiple boom and bust cycles in the same organization as they embrace and then abandon sound risk management practices. In this one-hour session, Payson Hall makes the case that the deck is stacked against those who seek to continuously improve risk management and that only by thoughtful implementation and education across the organization can sustainable practices be established.
Participants in this talk will learn:
- Some of the ways that successful risk management activities decrease the perceived need for risk management
- How unsuccessful risk management undermines an organization’s risk management efforts
- What project managers/risk managers can do to “sell” risk management and try to break out of the boom-and-bust cycle
Faculty - Mr.Payson Hall
Payson Hall, is a former U.S. Army Ranger and consulting project manager for Catalysis Group, Inc. in Sacramento. Formally trained as a software engineer, Payson’s early career included software development, hardware/software system integration, and Independent Verification & Validation. As his career progressed, his role shifted to include increasing project management responsibilities, with a focus on technology projects.
Today Payson coaches project managers, teaches project management skills, consults, and performs project reviews in a variety of fields, including transportation, communication, software development, education, financial services, and healthcare.
Payson has consulted on projects in both the public and private sectors throughout North America and Europe during his 40-year career. He has published over 250 project management articles, developed numerous project management and problem-solving classes, written a book on project sponsorship, and is a sought-after conference speaker who specializes in demystifying project management topics and communicating important ideas while entertaining audiences.