Bow Tie Analysis

Creating an effective risk management capability that engages with the business must be built on a solid understanding of risk, what it is, and how it behaves. A lack of common understanding and a distorted view of risk is often a key stumbling block in building an effective and robust Risk Management framework.
This lunch explores the nature and behavior of risk using Bow Tie Analysis, a simple but powerful technique in mapping risk.
Visit www.protecht.com.au/risk-mana... for more information.

[@protechtgroup]

If you're interested in learning more about Protecht - you can book a time with our specialist consultants here: www.protechtgroup.com/en-au/request-demo

[@RutgerConrad]

Concise and to the point with a fast pace in a brilliant format. Well presented indeed!

[@wendydwyer1721]

Great summary of the bow tie methodology, as someone who is still learning. Comprehensive, yet fast moving. Thanks!

[@UkrainianLiterature]

Thank you so much for such a great presentation. I learned so much in just 30 minutes.

[@phoebedavis5526]

An excellent explanation of Bowtie analysis. I created one from scratch using Someka's Bowtie template. This kind of videos has always been helpful. Thank you!

[@claudio0872]

Crystal clear explanation! Thanks so much for this ... the best bow tie video on KZbin! Congratulations!

[@salmanel-farsi3744]

Unbelievably comprehensive yet simplified. I have a greater understanding and appreciation of the bow-tie method. Risk also considers not just Threat, but Opportunities, thus making the KRI all-encompassing from a organizational performance measurement point of view rivalling perhaps the balanced scorecard approach to organizational performance. I am still wrapping my head around that.

[@Costarluv007]

Thank you very much for this insightful education. I have learnt a lot and am gonna improve my work as a Senior Governance Manager. This is a valuable contribution to my knowledge

[@AngusBlancojavierbetancour5762]

Very good presentation of BOWTIE. Thanks and congrats from Colombia.

[@tonyosime9380]

Great energy - excellent delivery.

[@dr.zakariasalah934]

wonderful presentation

[@willo3252]

I think this video is the best explanation of risk elements. Thank you.

[@srammohanrao155]

It is a good presentation.

[@bambangsetyoutomo5780]

thats is good presentation of Bowtie risk management.....

[@zulkifleeabdulhakim7782]

Excellent. Concise and clear. Thank you.

[@dineshgct]

Great analogy and presentation

[@TypeType-fp6mb]

Excellent thank you !

[@user-lo1ir3vf1b]

wonderful presentation!

[@youngminnoh6488]

Appreciate good presentation.

[@douglaskinyua5800]

Well understood, great and in detail presentation.

[@franciscocuerno1710]

nice presentation, its a great know this metodology for risk analisys, thanks for the explanation.

[@john-micahatiah5398]

Simply excellent !!

[@gauravsingla1844]

Awesome. Very well explained. Really Appreciate.

[@garethbsimpson]

Excellent, thank you.

[@professionalengineer1876]

God bless you for this video

[@luketarrant3698]

Really informative. Thanks

[@rithikamanivannan1728]

Excellent presentation....easy to understand with simple examples. thank you

[@protechtgroup]

Thank you for your comment. You can read more David Tattam's articles here: blog.protecht.com.au/

[@leighratcliffe9161]

Great presso.

[@fp1030]

thank you

[@andrewmanongdo5731]

16:50 Confusion in assessing the size of a risk: Relationship of likelihood and consequence. Understanding and appreciating what are we assessing the likelihood and consequence of? Its the main risk event, its the center of the BOW TIE. Risk controlled event prior to the BOW TIE is a reduce of likelihood of the risk of happening(the main event). Risk control after is an impact reducer.

[@hussainshaheed4502]

Thanks

[@sushilbhan6320]

Incredible !

[@msharma3655]

👏👏👏👏

[@andrewmanongdo5731]

10:40 in the initial BOW TIE you state the cause as being a poor or weak control. When you get a BOW TIE initially and the cause of that is lack of training is wrong. Its not the lack of training the cause is human error. The control is training and 'its not very good'. That comes later. Avoid stating poor/weak controls are cause. They are n not. They are poor controls over some other cause or risk that you're are trying to deal with.

[@BarryTuckwood1]

Might add.... unwillingness to cancel the train

[@RISKACADEMY]

This is dangerously negligent. Very RM1