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Updated 13 Dec 1998

Managing the Risks of Risk Management
Thursday, November 5, 1998

Description
Presenter
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Managing the Risks of Risk Management

Risk management has gained notoriety lately. Surveys have identified it as one of the single best management practices and at the same time the least practiced. Why is there s uch a discrepancy? On the surface, the literature portrays risk management as such a simple process or as a euphemism for crisis management. The truth is far different. Effective risk management is more than a process or buzzword. It goes to the very core or soul of an organization, specifically how the organization makes decisions when faced with uncertainty. Risk management is a fundamental change in the way an organization thinks about, talks about and acts on the risks it faces. Mr. Gemmer discussed the pitfalls of making risk management an organizational best practice.

Presenter

Arthur H. Gemmer, Rockwell International, Collins Commercial Avionics
Art Gemmer is the Senior Risk Analyst for Rockwell Collins, Inc. He received his BSEE in 1978 from Rose-Hulman Institute of Technology. He has ten years of experience in the management of software projects and has dealt with both commercial and Government customers. His IEEE Computer article, "Risk Management: Moving Beyond Process", describes Rockwell Collins' ten year journey to improve it's ability to manage risk. His current activities include the implementation of improved business practices, including risk management, as part of the company's ERP program. His goal is to change organizational management practices to promote proactive decision making.
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C-SPIN: Chicago Software Process Improvement Network

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