The United States is celebrating the birth of the American nation this weekend. 238 years ago the formation of the Republic set the course for the country that it is today. The Declaration of Independence was born.
A key aspect of any prudent Operational Risk Management (ORM) program is focused on people. The risk of people and the whole dynamics of what is going on in peoples lives. As Thomas Jefferson, John Adams, Ben Franklin, Robert Livingston and Roger Sherman toiled over the draft; what do you think was also going on in their individual lives at the time?
Organizations across the globe utilize Operational Risk Management (ORM) as a discipline for those safety and security events that could produce significant risks. The same can be applied to each person and their individual ecosystem. Each person on the team may be in different phases of their lives and need only a few pieces of the entire ORM mosaic for their personal lives. Contingency planning however is still one of those easy exercises that most people can do on their own and in their own personal environments.
The power of the "What if" questions that you ask yourself on a daily basis is a healthy way to begin and to continuously provide effective Operational Risk Management (ORM) outcomes. "What if" you developed a ORM college within the enterprise to educate all those new employees and existing with the skills, knowledge and capabilities available to them? As they say "Life Happens." Each person shall have an ecosystem of both personal and professional risks that they are encountering every day.
It could be imagined that people such as Ben Franklin had a few other items on his mind at the time.
The person to your right and to your left on the front lines of the organization, who you engage with everyday; has their own set of risks to manage in life. A strategy for each individual to better plan, develop and deploy effective risk management individually provides the entire team with the focus they require long term. They have been trained on using the effective continuous process for ORM:
Consider the peace of mind as your country endures the challenges to it's "Declaration of Independence" and knowing that it has a longevity of 200 plus years. Think about the confidence and the assurance you will have about your team or family unit as each of them manage their life events and risks. The resilience factor is strong and the safety and security of the people you care about the most, will endure.
A key aspect of any prudent Operational Risk Management (ORM) program is focused on people. The risk of people and the whole dynamics of what is going on in peoples lives. As Thomas Jefferson, John Adams, Ben Franklin, Robert Livingston and Roger Sherman toiled over the draft; what do you think was also going on in their individual lives at the time?
While political maneuvering was setting the stage for an official declaration of independence, a document explaining the decision was being written. On June 11, 1776, Congress appointed a "Committee of Five", consisting of John Adams of Massachusetts, Benjamin Franklin of Pennsylvania, Thomas Jefferson of Virginia, Robert R. Livingston of New York, and Roger Sherman of Connecticut, to draft a declaration. Because the committee left no minutes, there is some uncertainty about how the drafting process proceeded—accounts written many years later by Jefferson and Adams, although frequently cited, are contradictory and not entirely reliable.[62]What is certain is that the committee, after discussing the general outline that the document should follow, decided that Jefferson would write the first draft.[63] The committee in general, and Jefferson in particular, thought Adams should write the document, but Adams persuaded the committee to choose Jefferson and promised to consult with Jefferson personally.[2] Considering Congress's busy schedule, Jefferson probably had limited time for writing over the next seventeen days, and likely wrote the draft quickly.[64] He then consulted the others, made some changes, and then produced another copy incorporating these alterations. The committee presented this copy to the Congress on June 28, 1776. The title of the document was "A Declaration by the Representatives of the United States of America, in General Congress assembled."[65]The ecosystem of this set of committed custodians of a new nation also included the personal lives of each one of them. No different than the ranks of any organization who has executives and key staff members who are steering the daily direction of the enterprise. Each individual on that team has a work life and a personal life they are managing simultaneously while doing the work of the country or the corporate business.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness, That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.So think for a minute about your team within the enterprise. Each person on your staff or within your division is managing and coping with life events that are occurring in real-time each day. How much are you in tune with all those emotions and potential changes in a fellow employees life, to see how it may impact their work?
Organizations across the globe utilize Operational Risk Management (ORM) as a discipline for those safety and security events that could produce significant risks. The same can be applied to each person and their individual ecosystem. Each person on the team may be in different phases of their lives and need only a few pieces of the entire ORM mosaic for their personal lives. Contingency planning however is still one of those easy exercises that most people can do on their own and in their own personal environments.
The power of the "What if" questions that you ask yourself on a daily basis is a healthy way to begin and to continuously provide effective Operational Risk Management (ORM) outcomes. "What if" you developed a ORM college within the enterprise to educate all those new employees and existing with the skills, knowledge and capabilities available to them? As they say "Life Happens." Each person shall have an ecosystem of both personal and professional risks that they are encountering every day.
It could be imagined that people such as Ben Franklin had a few other items on his mind at the time.
The person to your right and to your left on the front lines of the organization, who you engage with everyday; has their own set of risks to manage in life. A strategy for each individual to better plan, develop and deploy effective risk management individually provides the entire team with the focus they require long term. They have been trained on using the effective continuous process for ORM:
- Identify
- Assess
- Decide
- Implement
- Audit
- Supervise
Consider the peace of mind as your country endures the challenges to it's "Declaration of Independence" and knowing that it has a longevity of 200 plus years. Think about the confidence and the assurance you will have about your team or family unit as each of them manage their life events and risks. The resilience factor is strong and the safety and security of the people you care about the most, will endure.
