Implementation of Bowtie methodology for Enterprise Risk Management?

Risk Management

James Chew Sr. Risk Analyst| Progress Energy Calgary, Alberta, Canada

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

Posted: Dec 9, 2016 4:13 PM

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Vincent Guerard Coach - Trainer - Speaker - Advisor| Freelance Mont-Royal, Quebec, Canada

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

...

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

Posted: Dec 10, 2016 4:53 PM

James Chew Sr. Risk Analyst| Progress Energy Calgary, Alberta, Canada

Dec 10, 2016 4:53 PM

Replying to Vincent Guerard

...

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

Posted: Dec 11, 2016 10:55 PM

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Implementation of Bowtie methodology for Enterprise Risk Management?

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