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WHAT IS RISK GOVERNANCE? GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. THE RESPONSE TO HURRICANE KATRINA 2 scenario as being one of the most critical potential disasters facing the US. A time-line of the days prior to the disaster reveals early warning of the impending storm, although uncertainty IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
WHAT IS RISK GOVERNANCE? GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. THE RESPONSE TO HURRICANE KATRINA 2 scenario as being one of the most critical potential disasters facing the US. A time-line of the days prior to the disaster reveals early warning of the impending storm, although uncertainty IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKS IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS The guidelines comprise seven interlinked steps to: Step 1 Explore the system in which the organisation operates; define the boundaries of the system and the organisation’s position in a dynamic environment. Step 2 Develop scenarios, considering ongoing and potential future transitions. Step 3 Determine goals and the level of tolerability for CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
IRGC RESOURCE GUIDE ON RESILIENCE Volume 1 (2016) of the resource guide is a collection of authored pieces that review existing concepts, approaches and illustrations or case-studies for comparing, contrasting and integrating risk and resilience, and for developing resilience. Most papers focus also on the idea of measuring resilience. Although this idea may not soundright to
CASE STUDIES
Case studies. Following the publication of IRGC White Paper, “Risk Governance – Towards an Integrative Approach” in 2005, the IRGC risk governance framework was tested to confirm its practicability (e.g. applicability, robustness and explanatory power) by applying it to a number of different risk fields. The Risk of listeria arisingfrom
IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE APPENDIX Figure 1: IRGC Guidelines for Emerging Risk Governance Make sense of the present & explore the future Review risk development and decisions Implement strategy Generate risk management option & REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK Downloads. Involving Stakeholders in the Risk Governance Process, 2020 (pdf); Introduction of the IRGC Risk Governance Framework. Revised version, IRGC, 2017 ; Risk Governance – Towards an Integrative Approach, IRGC, 2005 (pdf); Global Risk Governance – Concept and practice using the IRGC framework (2008) – Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published by Springer GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS IRGC’s Guidelines for Emerging Risk Governance are a set of flexible guidelines that support public and private organisations in their work to design internal processes to proactively deal with emerging risks:. Anticipate emerging risks and opportunities: identify, evaluate and prioritise potential threats and opportunities; Respond to emerging risk: assess and respond to those threats that GOVERNANCE OF SYSTEMIC RISKS Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks and stresses. Shocks to interconnected systems may cause feedback and cascading WHAT IS RISK GOVERNANCE? GOVERNANCE OF EMERGING RISKS Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key IRGC RISK GOVERNANCE DEFICITS A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK Downloads. Involving Stakeholders in the Risk Governance Process, 2020 (pdf); Introduction of the IRGC Risk Governance Framework. Revised version, IRGC, 2017 ; Risk Governance – Towards an Integrative Approach, IRGC, 2005 (pdf); Global Risk Governance – Concept and practice using the IRGC framework (2008) – Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published by Springer GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS IRGC’s Guidelines for Emerging Risk Governance are a set of flexible guidelines that support public and private organisations in their work to design internal processes to proactively deal with emerging risks:. Anticipate emerging risks and opportunities: identify, evaluate and prioritise potential threats and opportunities; Respond to emerging risk: assess and respond to those threats that GOVERNANCE OF SYSTEMIC RISKS Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks and stresses. Shocks to interconnected systems may cause feedback and cascading WHAT IS RISK GOVERNANCE? GOVERNANCE OF EMERGING RISKS Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key IRGC RISK GOVERNANCE DEFICITS A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers?RISK GOVERNANCE
IRGC continuously develops the risk governance tools and frameworks that it is well-known for. These have consistently guided stakeholders in the governance decision making process. CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf); Introduction of the IRGC Risk Governance Framework. Revised version, (2017); Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer
IRGC RISK GOVERNANCE DEFICITS A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. WHAT IS RISK GOVERNANCE? Risks accompany change and are often accompanied by potential benefits and opportunities. Better risk governance implies enabling societies to benefit from change while minimising the negative consequences of the associated risks.STRATEGY – IRGC
Our strategy is proactive. Our intention is to help decision-makers, particularly policymakers, to anticipate and understand emerging risks, as well as the risk governance options,CASE STUDIES
The Risk of listeria arising from the use of unpasteurized milk in cheese production (Ewen Todd, Andrew Knight and a team from the National Food Safety and Toxicology Center at Michigan State University) Genetically modified crops (Joyce Tait, S&TC member and Director of the ESRC Innogen Centre at the University of Edinburgh) The risks associated with nature-based tourism [PDF IRGC RESOURCE GUIDE ON RESILIENCE Introduction. In the context of its work to improve the governance of systemic or emerging risks marked by uncertainty, IRGC has produced a web-based resource guide on CYBER SECURITY RISK GOVERNANCE In October 2015, IRGC, together with main partner Marsh & McLennan Companies and with support from Swiss Re, AXA Technology Services and Ecole Polytechnique Fédérale de Lausanne (EPFL), organised a workshop on cyber security risk governance. REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world. THE RESPONSE TO HURRICANE KATRINA 2 scenario as being one of the most critical potential disasters facing the US. A time-line of the days prior to the disaster reveals early warning of the impending storm, although uncertainty IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks IRGC RESOURCE GUIDE ON RESILIENCE Volume 1 (2016) of the resource guide is a collection of authored pieces that review existing concepts, approaches and illustrations or case-studies for comparing, contrasting and integrating risk and resilience, and for developing resilience. Most papers focus also on the idea of measuring resilience. Although this idea may not soundright to
INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. CYBER SECURITY RISK GOVERNANCE Cyber Security Risk Governance. anca. In October 2015, IRGC, together with main partner Marsh & McLennan Companies and with support from Swiss Re, AXA Technology Services and Ecole Polytechnique Fédérale de Lausanne (EPFL), organised a workshop on cyber security risk governance. Organizations are increasingly concerned about threats todata
WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks IRGC RESOURCE GUIDE ON RESILIENCE Volume 1 (2016) of the resource guide is a collection of authored pieces that review existing concepts, approaches and illustrations or case-studies for comparing, contrasting and integrating risk and resilience, and for developing resilience. Most papers focus also on the idea of measuring resilience. Although this idea may not soundright to
INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. CYBER SECURITY RISK GOVERNANCE Cyber Security Risk Governance. anca. In October 2015, IRGC, together with main partner Marsh & McLennan Companies and with support from Swiss Re, AXA Technology Services and Ecole Polytechnique Fédérale de Lausanne (EPFL), organised a workshop on cyber security risk governance. Organizations are increasingly concerned about threats todata
WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKS IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
STRATEGY – IRGC
Strategy. Our strategy is proactive. Our intention is to help decision-makers, particularly policymakers, to anticipate and understand emerging risks, as well as the risk governance options, before they become urgent policy priorities. We identify issues with risk governance deficits and develop recommendations for improvingtheir assessment
CASE STUDIES
Case studies. Following the publication of IRGC White Paper, “Risk Governance – Towards an Integrative Approach” in 2005, the IRGC risk governance framework was tested to confirm its practicability (e.g. applicability, robustness and explanatory power) by applying it to a number of different risk fields. The Risk of listeria arisingfrom
CYBER SECURITY RISK GOVERNANCE Cyber Security Risk Governance. anca. In October 2015, IRGC, together with main partner Marsh & McLennan Companies and with support from Swiss Re, AXA Technology Services and Ecole Polytechnique Fédérale de Lausanne (EPFL), organised a workshop on cyber security risk governance. Organizations are increasingly concerned about threats todata
GUIDELINES FOR THE APPROPRIATE RISK GOVERNANCE OF Guidelines for the Appropriate Risk Governance of Synthetic Biology international risk governance council P 5 Executive summary Syntheticbiology is a new
REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world. IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS IRGC’s Guidelines for Emerging Risk Governance are a set of flexible guidelines that support public and private organisations in their work to design internal processes to proactively deal with emerging risks:. Anticipate emerging risks and opportunities: identify, evaluate and prioritise potential threats and opportunities; Respond to emerging risk: assess and respond to those threats that WHAT IS RISK GOVERNANCE? CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. THE RESPONSE TO HURRICANE KATRINA 2 scenario as being one of the most critical potential disasters facing the US. A time-line of the days prior to the disaster reveals early warning of the impending storm, although uncertainty IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS IRGC’s Guidelines for Emerging Risk Governance are a set of flexible guidelines that support public and private organisations in their work to design internal processes to proactively deal with emerging risks:. Anticipate emerging risks and opportunities: identify, evaluate and prioritise potential threats and opportunities; Respond to emerging risk: assess and respond to those threats that WHAT IS RISK GOVERNANCE? CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. THE RESPONSE TO HURRICANE KATRINA 2 scenario as being one of the most critical potential disasters facing the US. A time-line of the days prior to the disaster reveals early warning of the impending storm, although uncertaintyABOUT IRGC – IRGC
About IRGC. The International Risk Governance Council (IRGC) is an independent non-profit foundation that aims to improve the understanding and management of risks and opportunities by providing insight into systemic risks that have impacts on human health and safety, the environment, the economy and society at large. As ascience-based think
IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocksSTRATEGY – IRGC
Strategy. Our strategy is proactive. Our intention is to help decision-makers, particularly policymakers, to anticipate and understand emerging risks, as well as the risk governance options, before they become urgent policy priorities. We identify issues with risk governance deficits and develop recommendations for improvingtheir assessment
IRGC RESOURCE GUIDE ON RESILIENCE Volume 1 (2016) of the resource guide is a collection of authored pieces that review existing concepts, approaches and illustrations or case-studies for comparing, contrasting and integrating risk and resilience, and for developing resilience. Most papers focus also on the idea of measuring resilience. Although this idea may not soundright to
IMPROVING EMERGING RISK MANAGEMENT IN INDUSTRY Improving the Management of Emerging Risks: Risks from new technologies, system interactions and unforeseen or changing circumstances. This Concept Note is an effort to set forth ideas for more proactive management of emerging risks, particularly in industry. Following IRGC’s work on risk governance deficits and contributingfactors to risk
CASE STUDIES
Case studies. Following the publication of IRGC White Paper, “Risk Governance – Towards an Integrative Approach” in 2005, the IRGC risk governance framework was tested to confirm its practicability (e.g. applicability, robustness and explanatory power) by applying it to a number of different risk fields. The Risk of listeria arisingfrom
PROF. DR WOLFGANG KRÖGER (FOUNDING RECTOR) NOTE: Vertical headers will not work on pages that have the nakedheader enabled
REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
WHAT IS RISK GOVERNANCE? CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. THE RESPONSE TO HURRICANE KATRINA 2 scenario as being one of the most critical potential disasters facing the US. A time-line of the days prior to the disaster reveals early warning of the impending storm, although uncertainty IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
WHAT IS RISK GOVERNANCE? CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key WHITE PAPER ON RISK GOVERNANCE international risk governance council risk governance – towards an integrative approach P Foreword – About IRGC and this White Paper This document, which has been informed by and draws on current approaches to risk characterisation IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. THE RESPONSE TO HURRICANE KATRINA 2 scenario as being one of the most critical potential disasters facing the US. A time-line of the days prior to the disaster reveals early warning of the impending storm, although uncertaintyABOUT IRGC – IRGC
About IRGC. The International Risk Governance Council (IRGC) is an independent non-profit foundation that aims to improve the understanding and management of risks and opportunities by providing insight into systemic risks that have impacts on human health and safety, the environment, the economy and society at large. As ascience-based think
IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocksSTRATEGY – IRGC
Strategy. Our strategy is proactive. Our intention is to help decision-makers, particularly policymakers, to anticipate and understand emerging risks, as well as the risk governance options, before they become urgent policy priorities. We identify issues with risk governance deficits and develop recommendations for improvingtheir assessment
IRGC RESOURCE GUIDE ON RESILIENCE Volume 1 (2016) of the resource guide is a collection of authored pieces that review existing concepts, approaches and illustrations or case-studies for comparing, contrasting and integrating risk and resilience, and for developing resilience. Most papers focus also on the idea of measuring resilience. Although this idea may not soundright to
IMPROVING EMERGING RISK MANAGEMENT IN INDUSTRY Improving the Management of Emerging Risks: Risks from new technologies, system interactions and unforeseen or changing circumstances. This Concept Note is an effort to set forth ideas for more proactive management of emerging risks, particularly in industry. Following IRGC’s work on risk governance deficits and contributingfactors to risk
CASE STUDIES
Case studies. Following the publication of IRGC White Paper, “Risk Governance – Towards an Integrative Approach” in 2005, the IRGC risk governance framework was tested to confirm its practicability (e.g. applicability, robustness and explanatory power) by applying it to a number of different risk fields. The Risk of listeria arisingfrom
PROF. DR WOLFGANG KRÖGER (FOUNDING RECTOR) NOTE: Vertical headers will not work on pages that have the nakedheader enabled
REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
WHAT IS RISK GOVERNANCE? GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS The guidelines comprise seven interlinked steps to: Step 1 Explore the system in which the organisation operates; define the boundaries of the system and the organisation’s position in a dynamic environment. Step 2 Develop scenarios, considering ongoing and potential future transitions. Step 3 Determine goals and the level of tolerability for IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
WHAT IS RISK GOVERNANCE? GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS The guidelines comprise seven interlinked steps to: Step 1 Explore the system in which the organisation operates; define the boundaries of the system and the organisation’s position in a dynamic environment. Step 2 Develop scenarios, considering ongoing and potential future transitions. Step 3 Determine goals and the level of tolerability for IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks.ABOUT IRGC – IRGC
About IRGC. The International Risk Governance Council (IRGC) is an independent non-profit foundation that aims to improve the understanding and management of risks and opportunities by providing insight into systemic risks that have impacts on human health and safety, the environment, the economy and society at large. As ascience-based think
RISK GOVERNANCE
Risk Governance. IRGC continuously develops the risk governance tools and frameworks that it is well-known for. These have consistently guided stakeholders in the governance decision making process. This area also provides IRGC with the ability to address emerging economies through the development of new frameworks for applicable governments. GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS The guidelines comprise seven interlinked steps to: Step 1 Explore the system in which the organisation operates; define the boundaries of the system and the organisation’s position in a dynamic environment. Step 2 Develop scenarios, considering ongoing and potential future transitions. Step 3 Determine goals and the level of tolerability for WHAT IS RISK GOVERNANCE? Governance refers to the actions, processes, traditions and institutions by which authority is exercised and decisions are taken and implemented. Risk governance applies the principles of good governance to the identification, assessment, management and communication of risks. IRGC develops concepts and tools for evidence-based risk governance.CASE STUDIES
Case studies. Following the publication of IRGC White Paper, “Risk Governance – Towards an Integrative Approach” in 2005, the IRGC risk governance framework was tested to confirm its practicability (e.g. applicability, robustness and explanatory power) by applying it to a number of different risk fields. The Risk of listeria arisingfrom
IRGC RESOURCE GUIDE ON RESILIENCE Volume 1 (2016) of the resource guide is a collection of authored pieces that review existing concepts, approaches and illustrations or case-studies for comparing, contrasting and integrating risk and resilience, and for developing resilience. Most papers focus also on the idea of measuring resilience. Although this idea may not soundright to
INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key PROF. DR WOLFGANG KRÖGER (FOUNDING RECTOR) NOTE: Vertical headers will not work on pages that have the nakedheader enabled
REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world. IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS The guidelines comprise seven interlinked steps to: Step 1 Explore the system in which the organisation operates; define the boundaries of the system and the organisation’s position in a dynamic environment. Step 2 Develop scenarios, considering ongoing and potential future transitions. Step 3 Determine goals and the level of tolerability for IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK IRGC has developed a comprehensive framework for risk governance. The IRGC Framework provides guidance for early identification and handling of risks, involving multiple stakeholders. It recommends an inclusive approach to frame, assess, evaluate, manage and communicate important risk issues, often marked by complexity, uncertainty and ambiguity. GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS Guidelines for the Governance of Emerging Risks. The report builds upon previous IRGC work on causes and factors contributing to risk emergence ( The Emergence of Risks: Contributing Factors, 2010) as well as on the main obstacles that organisations in the private sector face when they try to manage emerging risks ( Improving the Managementof
GOVERNANCE OF SYSTEMIC RISKS Governance of Systemic Risks. Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf) Introduction of the IRGC Risk Governance Framework. Revised version, (2017) Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer.
IRGC RISK GOVERNANCE DEFICITS IRGC Risk Governance Deficits. A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. They may be found throughout the riskhandling process
GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significant GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS The guidelines comprise seven interlinked steps to: Step 1 Explore the system in which the organisation operates; define the boundaries of the system and the organisation’s position in a dynamic environment. Step 2 Develop scenarios, considering ongoing and potential future transitions. Step 3 Determine goals and the level of tolerability for IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers?ABOUT IRGC – IRGC
About IRGC. The International Risk Governance Council (IRGC) is an independent non-profit foundation that aims to improve the understanding and management of risks and opportunities by providing insight into systemic risks that have impacts on human health and safety, the environment, the economy and society at large. As ascience-based think
RISK GOVERNANCE
Risk Governance. IRGC continuously develops the risk governance tools and frameworks that it is well-known for. These have consistently guided stakeholders in the governance decision making process. This area also provides IRGC with the ability to address emerging economies through the development of new frameworks for applicable governments. WHAT IS RISK GOVERNANCE? Governance refers to the actions, processes, traditions and institutions by which authority is exercised and decisions are taken and implemented. Risk governance applies the principles of good governance to the identification, assessment, management and communication of risks. IRGC develops concepts and tools for evidence-based risk governance. GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS The guidelines comprise seven interlinked steps to: Step 1 Explore the system in which the organisation operates; define the boundaries of the system and the organisation’s position in a dynamic environment. Step 2 Develop scenarios, considering ongoing and potential future transitions. Step 3 Determine goals and the level of tolerability for GOVERNANCE OF EMERGING RISKS Governance of Emerging Risks. Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). Emerging risks are issues that are perceived to be potentially significantCASE STUDIES
Case studies. Following the publication of IRGC White Paper, “Risk Governance – Towards an Integrative Approach” in 2005, the IRGC risk governance framework was tested to confirm its practicability (e.g. applicability, robustness and explanatory power) by applying it to a number of different risk fields. The Risk of listeria arisingfrom
IRGC RESOURCE GUIDE ON RESILIENCE Volume 1 (2016) of the resource guide is a collection of authored pieces that review existing concepts, approaches and illustrations or case-studies for comparing, contrasting and integrating risk and resilience, and for developing resilience. Most papers focus also on the idea of measuring resilience. Although this idea may not soundright to
INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key TRANSATLANTIC PATTERNS OF RISK REGULATION Transatlantic Patterns of Risk Regulation. How risks are regulated can affect domestic outcomes, such as the benefits and costs of protecting consumers, health and environment, and it can also foster or limit opportunities for international trade. A question addressed in this report is whether different approaches to risk regulation lead to REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world. IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK Downloads. Involving Stakeholders in the Risk Governance Process, 2020 (pdf); Introduction of the IRGC Risk Governance Framework. Revised version, IRGC, 2017 ; Risk Governance – Towards an Integrative Approach, IRGC, 2005 (pdf); Global Risk Governance – Concept and practice using the IRGC framework (2008) – Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published by Springer GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS IRGC’s Guidelines for Emerging Risk Governance are a set of flexible guidelines that support public and private organisations in their work to design internal processes to proactively deal with emerging risks:. Anticipate emerging risks and opportunities: identify, evaluate and prioritise potential threats and opportunities; Respond to emerging risk: assess and respond to those threats that GOVERNANCE OF SYSTEMIC RISKS Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks and stresses. Shocks to interconnected systems may cause feedback and cascading CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf); Introduction of the IRGC Risk Governance Framework. Revised version, (2017); Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer
GOVERNANCE OF EMERGING RISKS Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). IRGC RISK GOVERNANCE DEFICITS A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS In the face of many unknowns, increasing the overall resilience of an organisation can be a way to prepare for and better deal with the shocks and stresses arising from systemic risks. IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers? IRGC – IMPROVING GOVERNANCE OF SYSTEMIC RISKSABOUT IRGCRISK GOVERNANCEISSUESPUBLICATIONSEVENTSPRECISION MEDICINE IRGC Resource Guide on Resilience (Volume 2) November 2018. This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience. IRGC RISK GOVERNANCE FRAMEWORK Downloads. Involving Stakeholders in the Risk Governance Process, 2020 (pdf); Introduction of the IRGC Risk Governance Framework. Revised version, IRGC, 2017 ; Risk Governance – Towards an Integrative Approach, IRGC, 2005 (pdf); Global Risk Governance – Concept and practice using the IRGC framework (2008) – Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published by Springer GUIDELINES FOR THE GOVERNANCE OF EMERGING RISKS IRGC’s Guidelines for Emerging Risk Governance are a set of flexible guidelines that support public and private organisations in their work to design internal processes to proactively deal with emerging risks:. Anticipate emerging risks and opportunities: identify, evaluate and prioritise potential threats and opportunities; Respond to emerging risk: assess and respond to those threats that GOVERNANCE OF SYSTEMIC RISKS Interconnectivity between systems is one of the defining features of our modern world, which is becoming ever more complex and dynamic. While interconnectivity can increase system efficiency and improve service delivery, it can also reduce resilience and expose the various layered systems to risk of various shocks and stresses. Shocks to interconnected systems may cause feedback and cascading CORE CONCEPTS OF RISK GOVERNANCE Risk Governance Framework. Involving Stakeholders in the Risk Governance Process, (2020) (pdf); Introduction of the IRGC Risk Governance Framework. Revised version, (2017); Global Risk Governance – Concept and practice using the IRGC framework (2008) Edited by Ortwin Renn and Katherine Walker, IRGC Bookseries 1 published bySpringer
GOVERNANCE OF EMERGING RISKS Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). IRGC RISK GOVERNANCE DEFICITS A risk governance deficit is a failure in the identification, framing, assessment, management and communication of a risk issue or of how it is being addressed. As such, it can also be understood as a risk governance challenge. Governance deficits are common. GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS In the face of many unknowns, increasing the overall resilience of an organisation can be a way to prepare for and better deal with the shocks and stresses arising from systemic risks. IRGC GUIDELINES FOR EMERGING RISK GOVERNANCE REPORT II 5 II The IRGC Guidelines for Emerging Risk Governance de - scribe key steps and associated methodologies for early identification and management of emerging risks. SOCIAL MEDIA FOR CRISIS COMMUNICATION 6 Questions: • Practices: how are governments currently using social media tools? • Opportunities: what possibilities do social media tools offer for improving risk and crisis communication? How can these possibilities be harnessed? • Risks: what are the key issues and challenges that the advent of social media creates for crisis communicators and managers?ABOUT IRGC – IRGC
The International Risk Governance Council (IRGC) is an independent non-profit foundation that aims to improve the understanding and management of risks and opportunities by providing insight into systemic risks that have impacts on human health and safety, the environment, the economy and society at large.RISK GOVERNANCE
IRGC continuously develops the risk governance tools and frameworks that it is well-known for. These have consistently guided stakeholders in the governance decision making process. GOVERNANCE OF EMERGING RISKS Following work on risk governance deficits, IRGC focused on how to deal with emerging risks. IRGC defines as “emerging” a risk that is new, or a familiar risk in a new or unfamiliar context or under new context conditions (re-emerging). WHAT IS RISK GOVERNANCE? Risks accompany change and are often accompanied by potential benefits and opportunities. Better risk governance implies enabling societies to benefit from change while minimising the negative consequences of the associated risks. GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS In the face of many unknowns, increasing the overall resilience of an organisation can be a way to prepare for and better deal with the shocks and stresses arising from systemic risks.CASE STUDIES
The Risk of listeria arising from the use of unpasteurized milk in cheese production (Ewen Todd, Andrew Knight and a team from the National Food Safety and Toxicology Center at Michigan State University) Genetically modified crops (Joyce Tait, S&TC member and Director of the ESRC Innogen Centre at the University of Edinburgh) The risks associated with nature-based tourism [PDF IRGC RESOURCE GUIDE ON RESILIENCE Introduction. In the context of its work to improve the governance of systemic or emerging risks marked by uncertainty, IRGC has produced a web-based resource guide on INTRODUCTION TO THE IRGC RISK GOVERNANCE FRAMEWORK II I II PREFACE The International Risk Governance Council (IRGC) is an independent non-profit organisation that provides policy makers, regulators, risk managers and other key TRANSATLANTIC PATTERNS OF RISK REGULATION How risks are regulated can affect domestic outcomes, such as the benefits and costs of protecting consumers, health and environment, and it can also foster or limit opportunities for international trade. REGULATION OF CARBON CAPTURE AND STORAGE international risk governance council Regulation of Carbon Capture and Storage P 4 The raison d’etre for carbon capture and storage (or sequestration) (CCS)2 is to enable continued use of fossil fuels in a carbon emission constrained world.* About IRGC
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IRGC RESOURCE GUIDE ON RESILIENCE (VOLUME 2)_November 2018_
This collection of authored pieces provides in-depth and pragmatic evaluation of concepts and methods for resilience-based approaches (recovery from disruption) as opposed to risk-based approaches, for better articulating risk and resilience.Read more
IRGC REPORT: THE GOVERNANCE OF DECISION-MAKING ALGORITHMS_November 2018_
Following a multi-disciplinary and multi-stakeholder expert workshop on the governance of decision-making algorithms in July 2018, this report highlights key risks around decision-making learning algorithms(DMLAs).
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GUIDELINES FOR THE GOVERNANCE OF SYSTEMIC RISKS_September 2018_
IRGC’s guidelines for the governance of systemic risks address the question of how to deal with systemic risks in the context of transitions, i.e. in situations that require adaptation to new context conditions or transformation. Download the guidelinesor Read more
IRGC REPORT: THE ECONOMICS OF PRECISION MEDICINE_April 2018_
Stakeholders representing insurance and pharmaceutical companies, science and academia, regulatory institutions and patients discussed issues related to cost-effectiveness, affordability, value and innovative payment schemes in precision medicine.Download the report
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GOVERNANCE OF TRUST IN PRECISION MEDICINE_November 2017_
This report from a multi-stakeholder workshop summarises the discussions about the concept of trust and conditions of trustworthiness in each of the three stages or components of the precision medicine value chain.Download the report
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UPDATE OF THE _INTRODUCTION_ TO THE IRGC RISK GOVERNANCE FRAMEWORK_December 2017_
IRGC published an update of the short ‘introduction’ to the IRGC Framework that provides guidance for early identification and handling of risks, with illustrations of some of its components in varioussectors.
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