In this episode of Risk! Engineers Talk Governance, due diligence engineers Richard Robinson and Gaye Francis discuss whether the WHS legislation and Risk Management Standards have hindered critical thinking in organisations. 

They observe that some organisations have become stagnant and resistant to change, relying on third-party consultants to handle risk management instead of actively engaging in the process themselves. They emphasise that risk management should be a line management function and that organisations need to adopt processes and procedures rather than simply outsourcing them. 

They also discuss the importance of curiosity in risk management and the need for organisations to embrace a variety of tools and techniques to gain different insights into risk issues. They caution against relying solely on single processes and techniques, as they may not capture all potential risks, particularly rare critical ones. 

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For more information on Richard & Gaye’s consulting work, head to www.r2a.com.au.