Why upgrade to enterprise risk management?

The Global Financial Crisis taught us the importance of robust risk management practices in identifying and addressing issues that have the potential to impact on overall business objectives. Many organisations have implemented risk management programs, however a significant proportion of these have yet to realise the benefits of upgrading their programs to best-practice Enterprise Risk Management.

What’s the problem with traditional risk management programs?

Historically, risk management has tended to focus only on the negative – how do we identify what might go wrong? How bad will things get if it does? How can we stop it?

Another feature of old-fashioned risk management has been the tendency for it to be “siloed”, with each section of an organisation having its own approach to managing risk.

Modern, best practice Enterprise Risk Management has moved contemporary risk management programs and thinking beyond these limitations.

Why is Enterprise Risk Management better?

Enterprise Risk Management (also known as ERM) has a range of benefits for contemporary businesses:

  • ERM achieves efficiencies across the whole of the organisation by integrating a common approach throughout all functional areas.
  • ERM avoids the pitfall of concentrating on minor risks (such as slip hazards) at the expense of big picture risks (such as failure of critical infrastructure).
  • ERM captures the positive side of risk management, by also considering opportunities for new services, process efficiencies, improved methods of service delivery etc.

What strategies assist adoption of Enterprise Risk Management?

 

QRMC frequently assists organisations to develop or expand their risk management programs to embrace Enterprise Risk Management. Our experience suggests that useful strategies to successfully move to Enterprise Risk Management include:

  • Strong committed, visible leadership.
  • Recognising that risk management is an ongoing (not once-off) process.
  • Treating risk management as a tool to achieve business objectives, not as a compliance exercise.
  • Extensive consultation with, and training of, personnel (at all levels).
  • Consistently integrating ERM across all systems and functional areas within the organisation.

Special considerations for business or department amalgamation

 

A regular feature of contemporary business is the process of amalgamation, either of existing segments of an organisation, or of one business with a completely independent second business (M&A).

Determining the business objectives of a new organisation formed in this way is not always a straightforward exercise. The clarity provided by the risk management process greatly assists this determination.

However, amalgamation poses particular difficulties when it comes to the risk management program:

  1. There are often difficulties involved in assimilating risk-related information from different sources, produced using different methods.
  2. Amalgamation poses the threat of extending the commonly experienced problem of risk management “silos” (as mentioned above) even further by creating silos based on the original business or department entities.

On the positive side, these difficulties present an opportunity to reach solutions by upgrading existing risk management systems to Enterprise Risk Management. Moving the new entity to Enterprise Risk Management provides opportunities to:

  1. Clearly identify the objectives of the new entity, and what risks and opportunities exist in achieving these objectives.
  2. Break down barriers and foster a new organisation-wide approach to risk management and the determination of uniform risk appetite.

Next steps

 

Risk management as a discipline has proven its value over time. Now businesses can extend this value even further by upgrading to Enterprise Risk Management.

For more information on Enterprise Risk Management, safety management, business continuity management and management systems, contact us. We are experts in providing independent and objective facilitation of the process of upgrading or developing new Enterprise Risk Management programs. You can also access other informative articles on our News page dealing with Enterprise Risk Management, as well as newsletters downloadable from our Publications page covering Enterprise Risk Management issues.

Plantar Fasciitis Treatment Options

Plantar fasciitis is extremely common affecting around 10% of the adult population at some time in life. Commonly plantar fasciitis is associated with heel spurs however on x-ray only 50% of patients with plantar fasciitis have evidence of calcification through the heel (DiMarcangelo, 1997).

Commonly plantar fasciitis symptoms start as an awareness or ache in the morning. Relief treatment can be quite simple at this time however if it is left, these symptoms will often slowly progress to pain that significantly impacts quality of life.

When targeting plantar fasciitis symptoms your practitioner will guide you through the best strategy or combination of strategies to help relieve and control your individual pain. At Body Leadership Australia we recommend a multimodal approach utilising a number of different treatment options.

Soft Tissue Release
Tightness of the muscles surrounding the foot have been found to pull hard enough on the bones that they alter the natural shape of the foot and ankle often leading to plantar fasciitis pain. Accordingly, release techniques and stretching of the lower limb muscles can have an effect on decreasing symptoms associated with plantar fasciitis.

Stretching
Strategic stretching of the calf muscles and Achilles tendon or on the plantar fascia itself can decrease pain associated with plantar fasciitis. You should get a program tailored to your individual needs.

Orthotics
Orthotics can help to relieve the effects of plantar fasciitis. Changing the weight load through the foot can allow the inflammatory response to settle by supporting the foot appropriately.

Night Splints (Strassburg Sock)
The use of a night splint can reduce recovery time compared to the same protocol utilising standing stretches through the calf.

Cortisone
Cortisone was always a last resort due to potential complications and pain post injection. Now with ultrasound guidance outcomes have improved and we see them used more effectively. Cortisone options can be discussed with your health care professional.

Surgery
A number of studies found 75% to 95% of patients had long term improvement as measured by various criteria. Up to 27% of patients still had significant pain, up to 20% had some activity restriction, and up to 12% had moderate pain that impaired function (Brown et al., 1999; Davies et al., 1999; Fishco et al., 2000). Surgical options are always a last resort.

Once your pain is treated and controlled it is important to understand your individual factors that predispose you to plantar fasciitis which can be explained by your physiotherapist. You can then be taught a home program to release tension, particularly through the calf as well as the foot to nip problems in the bud. This can also be optimised using home exercises to improve strength for better control of your biomechanics long term.

If you, your friend or family member suffer from plantar fasciitis please do not hesitate to contact one of our friendly Brisbane sports physiotherapists on 07 3847 8040. Our Brisbane sports physios can also provide treatment from our Brisbane Sports Physiotherapy practice.

The Best Retaining Walls in Mackay

If you need retaining walls , be sure to use Mackay Fencing’s The Block Blokes. These retaining walls are sure to last you a long time. The soil it contains will not erode and it will not break down. It ensures that you have more control over the land that you build on, and ensures the safety of the people who live and go near it.

First of all, the company’s services are fast! You would not believe it. Other companies might take a long time to construct retaining walls, making a lot of noise and raising so much dust that you might not want to be near there, much less live there, while it is being built. The Block Blokes can build your retaining walls in a fraction of the time, letting you do more.

The construction materials are all made locally. There will be no extra costs because of shipping and transport because all of the things the company will use are available nearby. This reduces the cost substantially – shipping and transport can get really expensive depending on the weight, fragility, and other factors of the cargo.

Speaking of costs, Mackay Fencing will save you a lot compared to other companies. Not only will they save you so much time, they will save you half of the money – or more! You could spend the money you saved on other developments for your property – to make it look good, to give it more facilities and protection, et cetera. The type of retaining walls that Mackay Fencing’s The Block Blokes uses is the cantilever style, which uses a lot fewer materials than the gravity wall.

The people at Mackay Fencing care a lot for your aesthetic tastes. Your property deserves to look the best it can, after all. Mackay Fencing’s the Block Blokes have a variety of designs that you can choose from so that your new retaining walls will not look plain, drab, or God forbid, dirty. Among their designs is wood texture, if you want the walls to contain a garden; blocks, for that friendly, clean look; lined slate, for a no-nonsense secure impression, and more. You could have them leave it as a clean, flat, blank wall so that you could paint your artworks on it yourself if you so wished. Their walls look good and clean – only the best for their customers.

If you are worried about your retaining walls getting destroyed by nasty little creatures, then you have nothing to fear. Mackay Fencing can guarantee that your walls are fully protected against termites and pests. Rats and other vermin are going to crack their teeth on your new retaining walls if they try to gnaw on it. You won’t soon be seeing holes or cracks in your restraining walls if you use Mackay Fencing’s The Block Blokes.

In case you’re still in doubt of their abilities, look them up in the yellow pages. Mackay Fencing is the only one in the yellow pages listed as Master Builders. And they are. Their customers are completely satisfied with their work, and they have been working for sixteen years already – a sign of assured quality. Mackay Fencing follows no standard but their own, for they set the standard other fencing and retaining wall companies.

Mackay Fencing’s The Block Blokes are meant to withstand the test of time. The construction is very solid. The type of wall used is the cantilever style, which uses an anchor to the ground and not to the soil it retains, making it more reliably sturdy. It would take a very strong force to knock a hole in one of their retaining walls, and much more to destroy it. You could take a car and run into one of their retaining walls and the wall wouldn’t be damaged! Mackay Fencing’s The Block Blokes make more than just solid and sturdy retaining walls – they make walls that will last.

You won’t be able to find any other company whose retaining walls are like Mackay Fencing’s The Block Blokes – at least, not without giving out much more money and inconveniencing yourself with the noise and the construction dust and debris. There is no better company for your retaining walls than Mackay Fencing’s. Mackay Fencing’s The Block Blokes are unique. Visit http://www.mackayfencing.com.au/the-block-blokes-retaining-walls-mackay-and-qld-regions

The Makeup Organizer to get your Makeup Collection Organized and Looking Great

It is important to store your makeup properly so it does not expire and become unusable. The primary reason that makeup spoils is that we cannot find it when we need it. Storing your makeup in a makeup organizer means that you will be able to locate the makeup when you need it saving you time and money.

Makeup is very expensive and if not used in time will expire and become unusable. The most common reason that makeup is not used is that you cannot find your makeup item when you need it so you simply forget about it. Organising your makeup so you can find it easily and when you need it will save you time and money. Here are some factors to consider when organising your makeup.

Makeup Organizer
The makeup organizer must be functional and nice to look at Makeup organizers made from clear acrylic will be the best units as you will be able to see your make items through the clear material. This means that you will be able to locate the makeup item you are after quickly and easily and save you hours searching for your makeup items.
Another important consideration in the functionality of a makeup organizer is its drawer size. It is important that the organizer has a different drawer sizes so that even your oversized makeup items can be stored. Larger drawers sizes also mean that your makeup items can be stored upright ensuring that they do no leak or spill.

Some makeup organizers will have flip top compartments at the top of the units. This enables you to get your makeup items easily rather than using the drawers and is best suited for your makeup items that you use most frequently.

The size of your makeup collection will determine the number of drawers that you require for your makeup organizer. It is always a good idea to get the makeup organizer that is a little larger for your makeup collection as you will grow into the unit in no time.

Cost
Cost is a crucial factor in deciding which makeup organizer to purchase. There are a number of factors to consider when costing a makeup organizer. Generally the larger the unit the more expensive it will be. However, if you consider the cost of you makeup expiring before you get the chance to use it, the cost of a makeup organizer will pay for itself many times over.
The above are just some items to consider when choosing a makeup organizer. With this in mind it is important to get the best makeup organizer that suits your makeup collection.

The Makeup Box Shop’s Makeup Organizer is the best value in the market today. The Makeup Box Shop has Makeup Organizer for all your Makeup Storage needs.

Want a Facelift for your Home? Start with Your Roof

Go outside and stand in front of your house. Now take a good look at your home. What are your thoughts? Do things look like they could use a little facelift?

Your roof makes up to 50% of your home front, and a roof restoration can often be the most economic way of updating the look of your homes exterior in addition to giving you the most dramatic results. A fresh coat of paint on your roof can really breathe new life into the look of the whole house, and bring a modern look to an older home.

Choosing your roofs colour is the most important element in achieving the look and style you are going for. There are a few ways to help you with this decision.

* Tear sheets. Flip through magazines and if something strikes you, tear it out and put it in a binder. Eventually you’ll realize a trend in your choices… Just make sure this ‘trend’ will suite the house your about to paint.

* Taking a look at your pre-existing brick, choose a colour in the brick and bring it up to your roof. This is a great way of giving your house flowing visual appeal, when colours blend easily to the eye it gives the feeling of a well coordinated style.

* Dark colour are very on trend, especially with a rendered finished wall. Greys, blacks and a dark terracotta always are in high demand. Retaining heat can be a repercussion of being on roofing’s colour trend in our warm Queensland climate. Insulation and heat productive paint are two little secretes that can minimize the heat that you’ll feel inside your home.

For Roof Restorations Brisbane, Roof Restoration Gold Coast or Brisbane Roofing Services, contact your roofing specialist at Brisco Roofing on 1300 166 209.