- Sarah Gordon, Satarla
- Geoff Parkin, Head of Risk and Compliance, Alltech
- Sophie Horsfall, Masters in Disaster, Risk and Resilience at the University of Canterbury in New Zealand
- Mark Jenkins, Senior Account Executive, Resolver
- Gareth Morgan, CEO, Terrabotics
Thursday, May 17, 16:30 – 18:00
We expect our decision makers to understand and correctly interpret a huge array of complex data so that the “most right” answer can be given. Often we are asking them to do this as fast as possible, especially when a disaster is unfolding in front of us. The information we provide them with can be of variable quality, or conflict with other intelligence, and in formats that make it difficult to analyze quickly. We are therefore setting our decision makers up for failure by putting them in an impossible position, purely because we have not presented them with a coherent and clear picture of the risks for which they are making decisions on.
Enterprise Risk Management routinely makes use of the risk bow-tie tool. This simple tool allows those contributing intelligence to the understanding of a risk to collate their thoughts rapidly and present an objective view of the risk in question to those who need to make the decision. Risk bow-ties are not new, however in recent years corporates, governments, and charities have taken to using a simplified version of the tool to enable rapid, holistic decision making, based on the best available information presented at that point in time.
This session will explore the use of a simple risk bow-tie in a variety of settings; from the understanding of the risks posed by HIV and TB in Southern Africa to a multinational mining company, and decisions reached as a result of using a risk bow-tie at Board level; to the enhanced communication of risks posed by earthquakes in urbanized areas to the general public by The Geological Society of London.
Participants will interactively contribute to the creation of communal risk bow-ties throughout the session, both electronically (through a freely available voting app) and via sticky notes and posters. This interactive activity will culminate in the testing of the bow-ties created by volunteer decision makers.
Having worked in the mining sector as everything from an exploration geologist flying around in helicopters in the Canadian Arctic, to writing the sustainability report and heading up the Audit team in the African region of a large mining company, Sarah co-founded Satarla in 2014. Satarla is a risk management consultancy that specialises in leveraging organisation’s natural risk culture to enhance and speed up their decision making ability. Sarah has been lucky enough to work with a wide range of organisations, from agriculture to healthcare, petrochemicals, mining, banking, governments and charities.
Originally a chemical engineer, Geoff moved from the Sugar industry to that of animal nutrients in 2015. Alltech is a global agriculture company with teams in >100 countries. Now the largest animal feed company in North America, the company continues to grow in many regions. Geoff has developed risk management within the organisation to be a communication and transparent decision making tool that can be used by anyone anywhere.
With a background in marine science from the University of Queensland and experience in environmental outdoor education in South East Asia, Sophie is currently completing her Masters in Disaster, Risk and Resilience at the University of Canterbury. Her interests in this field are, but are not limited to, disaster risk management and climate change, with a specific focus on livelihood resilience and climate change adaptation.
Mark is a Sr. Account Executive overseeing Enterprise Risk & Resilience at the Canadian-based firm, Resolver. A software company that provides tools for organizations to better plan, prepare, respond and recover. Resolver protects an organization’s people, customers, data, and operations to allow them to perform better. Mark works with Fortune 1000, Government, Financial Institutions, Non-Profits, and Technology companies to address risk program challenges with Resolver technology.
Founded on the algorithms developed during his PhD at Imperial College London, Gareth and Terrabotics makes sense of a new generation of Earth Observation Satellite & Drone imagery at scale, providing oversight primarily to the Natural Resources sectors. High resolution 3D terrain models to AI-driven change detection, Terrabotics can make use of all satellite, aerial or drone imagery, thereby informing decision makers rapidly and accurately.