PRIMO Risk Management Award

Introduction

The PRIMO Risk Management Award was launched in 2007 by the PRIMO Europe board to recognise the efforts and standards being achieved across our cities and regions in creating and implementing risk management mechanisms for safer and more efficient environments.

PRIMO Risk Management Award

The award is for innovative approaches to risk management that demonstrate real benefits in terms of improved processes, cost reduction, and embedding risk management within an organisation. The Award will be made irrespective of the organisation’s size, level of financial investment, or amount of resources devoted to the project or initiative.

With this award, consisting of a statue and a laudatio, PRIMO would like to encourage governors and managers in the public domain to enter this award to support our association in promoting and highlighting risk management across Europe, and to showcase the considerable work and effort that goes into this field on a daily basis.

The statue consists of a stylised representation, symbolising the importance of connecting power and the ability to share knowledge (arch part and ‘European’ stars) by humans and organisations to achieve good governance and success. It was designed and crafted by Louise Kruf and is based on the PRIMO logo.

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Managing the unexpected (2001)

Assuring high performance in an age of complexity

Karl Weick and Kathleen Sutcliffe | 2001

One of the significant challenges any business or organisation can face is dealing with the unexpected. While traditional managerial practices such as planning are designed to manage unexpected threats, they often worsen things. How do you organise for high performance in a setting with overwhelming potential for error and disaster?

In this book, the authors look to high-reliability organisations (HROs)—aircraft carriers, nuclear power plants, firefighting crews, and others—for the answer. HROs have developed ways of acting that provide a template for all organisations that want to be more reliable in managing the unexpected. This book shows executives and upper-level managers how to manage under trying conditions.

The authors reveal how HROs create a collective mindfulness that enhances the ability to discover and correct errors before they escalate into a crisis. By discussing this principle and the practices that can be applied, the authors show how to anticipate and respond to threats with flexibility rather than rigidity.

Their practical, solutions-oriented approach includes numerous case studies demonstrating “mindful” practices and enables readers to assess and implement mindfulness in their organisations. 


Bibliography 

Weick, K. E., & Sutcliffe, K. M. (2001). Managing the unexpected: Assuring high performance in an age of complexity. San Francisco: Jossey-Bass.