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Topics: Risk Management
Implementation of Bowtie methodology for Enterprise Risk Management?
Hi,

Anyone one there been exposed to the implementation of a "bowtie" methodology for Enterprise Risk Management?

Hoping to connect with anyone with direct experience to discuss how they did that (e.g., business processes, how to frame content within bowties, linking of controls, different software tools to support, etc.)

James
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Hi James,
Bowtie methodology is more a way to represent risk where you put Consequence on one side and Threats on the other of the Main event.
It is a visual representation that should help you in your risk management.
I do not believe it change the rest of risk management dynamics. You probably already found reference on Internet.
Sorry I can't be of more help on that.
Vincent
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1 reply by James Chew
Dec 11, 2016 10:55 PM
James Chew
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Vincent,

I appreciate the reply! I think perhaps we're trying to create too much structure behind the bowtie and complicating it needlessly. Have you used a bowtie tool yourself at all?

James
Dec 10, 2016 4:53 PM
Replying to Vincent Guerard
...
Hi James,
Bowtie methodology is more a way to represent risk where you put Consequence on one side and Threats on the other of the Main event.
It is a visual representation that should help you in your risk management.
I do not believe it change the rest of risk management dynamics. You probably already found reference on Internet.
Sorry I can't be of more help on that.
Vincent
Vincent,

I appreciate the reply! I think perhaps we're trying to create too much structure behind the bowtie and complicating it needlessly. Have you used a bowtie tool yourself at all?

James

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