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How do you link short term decisions making to long term goals?
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In my experience people normally do not adopt measures prior to a disaster, before it creates a serious effect on the project. How can we develop measures for getting key stakeholders to do this, by emphasizing not only the long term aspects of decision making, but also the short term benefits of doing so?
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This should be part of your risk management plan - You always need to be proactive to avoid negative risk and enhance positive ones.
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1 reply by Anish Abraham
Jan 15, 2018 7:51 PM
Anish Abraham
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Thanks Rami for your response.
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That will be difficult. I believe most stakeholders to avoid adequate disaster planning can easily rationalize doing so by telling themselves the odds of the disaster occurring are too small to waste resources worrying about. To them, the short term benefits of ignoring an issue (no expenditure of time and effort) outweigh the short-term costs (an expenditure of time and effort) it would take to defend against that disaster.
Furthermore, most stakeholders aren’t personally risking anything if a disaster occurs, so they have no reason to go out of their way to avoid it. When a disaster occurs, there is usually so much confusion and finger-pointing that a stakeholder’s failure to properly guard against the risk rarely surfaces. At worst a stakeholder might be fired from his or her job, but most know they can find another position if necessary.
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1 reply by Anish Abraham
Jan 15, 2018 7:50 PM
Anish Abraham
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Eric, thanks for your feedback and I agree with you on this.

I believe that stakeholders can easily rationalize in the sense that they make the trade offs between the costs and the benefits. So If the measure is cost effective in the short run, I think it can also make the organization safer in the long run, reducing the cost if there happens to be another disaster in the future.
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Jan 15, 2018 6:12 PM
Replying to Eric Simms
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That will be difficult. I believe most stakeholders to avoid adequate disaster planning can easily rationalize doing so by telling themselves the odds of the disaster occurring are too small to waste resources worrying about. To them, the short term benefits of ignoring an issue (no expenditure of time and effort) outweigh the short-term costs (an expenditure of time and effort) it would take to defend against that disaster.
Furthermore, most stakeholders aren’t personally risking anything if a disaster occurs, so they have no reason to go out of their way to avoid it. When a disaster occurs, there is usually so much confusion and finger-pointing that a stakeholder’s failure to properly guard against the risk rarely surfaces. At worst a stakeholder might be fired from his or her job, but most know they can find another position if necessary.
Eric, thanks for your feedback and I agree with you on this.

I believe that stakeholders can easily rationalize in the sense that they make the trade offs between the costs and the benefits. So If the measure is cost effective in the short run, I think it can also make the organization safer in the long run, reducing the cost if there happens to be another disaster in the future.
Network:1481



Jan 15, 2018 6:00 PM
Replying to Rami Kaibni
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This should be part of your risk management plan - You always need to be proactive to avoid negative risk and enhance positive ones.
Thanks Rami for your response.
Network:102767



Proactive action is part of risk management, reactive action is crisis management.

In short risk management give large choice of option, often not too expensive.

When in crisis management you have limited choice, usually costly.
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1 reply by Anish Abraham
Jan 15, 2018 10:12 PM
Anish Abraham
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Thanks Vincent for your feedback on this. I appreciate it.
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Anish you work in the Health industry yes? If your experience is that most people don't adopt measures to avoid disasters/risks, I hope I don't end up in one of your hospitals ;-) But seriously, in your industry, there is regulation I would think that would influence decision makers to take risk measures seriously, if only to keep their jobs.
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1 reply by Anish Abraham
Jan 15, 2018 10:11 PM
Anish Abraham
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Sante, I agree with you on this. Yes, in healthcare there are regulations, but my question was not just specific to healthcare :)
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Jan 15, 2018 9:47 PM
Replying to Sante Vergini
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Anish you work in the Health industry yes? If your experience is that most people don't adopt measures to avoid disasters/risks, I hope I don't end up in one of your hospitals ;-) But seriously, in your industry, there is regulation I would think that would influence decision makers to take risk measures seriously, if only to keep their jobs.
Sante, I agree with you on this. Yes, in healthcare there are regulations, but my question was not just specific to healthcare :)
Network:1481



Jan 15, 2018 9:28 PM
Replying to Vincent Guerard
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Proactive action is part of risk management, reactive action is crisis management.

In short risk management give large choice of option, often not too expensive.

When in crisis management you have limited choice, usually costly.
Thanks Vincent for your feedback on this. I appreciate it.
Network:1612



You do not need metrics. You need the decision are made. To do that you must put clear that stakeholders are the owners of the initiative, not the project manager or the project team.
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1 reply by Anish Abraham
Jan 16, 2018 12:31 PM
Anish Abraham
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Thanks Sergio for your feedback.
Network:14639



At the end of day it all comes to the cost required to be spent to avoid/ mitigate or transfer a risk. It's project managers job to bring the probability and impact of risk to the table. If stakeholders are willing to accept/ ignore the risk than it's their call.
I agree with the straight forward approach of Sergio.
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1 reply by Anish Abraham
Jan 16, 2018 12:32 PM
Anish Abraham
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Thanks Najam for your response.
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