ABSTRACT

This chapter discusses risk management techniques to increase organizational resilience. Resilience refers to either an adaptive outcome after an event or the capacity to adapt. Resilience is accomplished by growing a rich awareness of detail that could result in error detection, error correction, and avoidance of disaster. The concept of resilience has reinvented the field of risk management where safety considers the ability to succeed through the behaviors of people by recognizing impending change. Enterprise risk management (ERM) examines risk holistically across an organization by identifying the major financial, business, and hazard risks of an organization, forecasting their significance in business processes and systematically addressing critical risks. Leadership must actively manage activity-based risk and behavior-based risk across organizational functions. The chapter describes a qualitative method for assessing activity-based risk using a tabletop format. The process involves a discussion among the stakeholders associated with specific environment, safety, health, and security (ESHS) programs and activities.