Why upgrade to enterprise risk management?

The Global Financial Crisis taught us the importance of robust risk management practices in identifying and addressing issues that have the potential to impact on overall business objectives. Many organisations have implemented risk management programs, however a significant proportion of these have yet to realise the benefits of upgrading their programs to best-practice Enterprise Risk Management.

What’s the problem with traditional risk management programs?

Historically, risk management has tended to focus only on the negative – how do we identify what might go wrong? How bad will things get if it does? How can we stop it?

Another feature of old-fashioned risk management has been the tendency for it to be “siloed”, with each section of an organisation having its own approach to managing risk.

Modern, best practice Enterprise Risk Management has moved contemporary risk management programs and thinking beyond these limitations.

Why is Enterprise Risk Management better?

Enterprise Risk Management (also known as ERM) has a range of benefits for contemporary businesses:

  • ERM achieves efficiencies across the whole of the organisation by integrating a common approach throughout all functional areas.
  • ERM avoids the pitfall of concentrating on minor risks (such as slip hazards) at the expense of big picture risks (such as failure of critical infrastructure).
  • ERM captures the positive side of risk management, by also considering opportunities for new services, process efficiencies, improved methods of service delivery etc.

What strategies assist adoption of Enterprise Risk Management?

 

QRMC frequently assists organisations to develop or expand their risk management programs to embrace Enterprise Risk Management. Our experience suggests that useful strategies to successfully move to Enterprise Risk Management include:

  • Strong committed, visible leadership.
  • Recognising that risk management is an ongoing (not once-off) process.
  • Treating risk management as a tool to achieve business objectives, not as a compliance exercise.
  • Extensive consultation with, and training of, personnel (at all levels).
  • Consistently integrating ERM across all systems and functional areas within the organisation.

Special considerations for business or department amalgamation

 

A regular feature of contemporary business is the process of amalgamation, either of existing segments of an organisation, or of one business with a completely independent second business (M&A).

Determining the business objectives of a new organisation formed in this way is not always a straightforward exercise. The clarity provided by the risk management process greatly assists this determination.

However, amalgamation poses particular difficulties when it comes to the risk management program:

  1. There are often difficulties involved in assimilating risk-related information from different sources, produced using different methods.
  2. Amalgamation poses the threat of extending the commonly experienced problem of risk management “silos” (as mentioned above) even further by creating silos based on the original business or department entities.

On the positive side, these difficulties present an opportunity to reach solutions by upgrading existing risk management systems to Enterprise Risk Management. Moving the new entity to Enterprise Risk Management provides opportunities to:

  1. Clearly identify the objectives of the new entity, and what risks and opportunities exist in achieving these objectives.
  2. Break down barriers and foster a new organisation-wide approach to risk management and the determination of uniform risk appetite.

Next steps

 

Risk management as a discipline has proven its value over time. Now businesses can extend this value even further by upgrading to Enterprise Risk Management.

For more information on Enterprise Risk Management, safety management, business continuity management and management systems, contact us. We are experts in providing independent and objective facilitation of the process of upgrading or developing new Enterprise Risk Management programs. You can also access other informative articles on our News page dealing with Enterprise Risk Management, as well as newsletters downloadable from our Publications page covering Enterprise Risk Management issues.

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What is Baltic Amber?

Many people don’t realise that amber is actually tree resin, not a stone. More specifically, it is the fossilized resin from an extinct species of trees, and is millions of years old!

What makes Baltic Amber special?
Baltic Amber has an active ingredient called Succinic Acid, which has been known to have many medicinal qualities. Succinic Acid is a natural analgesic that assists with pain relief.

Succinic acid is now produced commercially and is approved for use by the United States Food and Drug Administration.

Baltic Amber teething necklaces have been a source of traditional healing passed on for many generations and are widely used and treasured throughout Europe as unparalleled alternative medicine with proven health benefits.

Baltic amber in ancient times
While some of us here in Australia may think that amber necklaces are quite a new thing, even in ancient times infants were given amber necklaces to wear.

Amber was thought to contain magical powers, and it was widely known to have healing properties. Besides the healing properties, infants were given the necklaces to guard against baby swapping, offer protection from evil forces, and help against witchcraft!

Ancient Germanic tribes such as the Goths, Nordic peoples, Celts, Romans, Greeks, Arabs and Chinese, all valued amber for its beauty and protection.

Amber necklaces as a baby teething remedy
Baltic Amber is popular with baby teething products as it helps with pain relief, it has a calming affect and it stimulates the thyroid to assist with the redness and drooling associated with teething.

Baltic Amber necklaces are made for wearing, not for chewing. By wearing Baltic Amber close to the skin, the amber produces an oil (rich in Succinic Acid) which your skin then absorbs into the body.

Baltic Amber teething necklaces are the ideal solution when you choose to care for your baby in a natural way.

Silicone Teething Necklaces
It’s a well known fact that babies and toddlers love to chew when they are teething.

They will chew on anything they can get their hands on! Our necklaces are designed so that they can have a safe and soft product to chew on when teething.

These necklaces also provide a stimulating object for babies to play with while breastfeeding.

Not only functional, these necklaces are fashionable and look great with any outfit. It can be very difficult for mums to wear long necklaces or jewellery with babies and toddlers, as they love to grab everything and can very quickly break an expensive piece of jewellery.

Our silicone teething products are made with the highest quality 100% food grade silicone, and are guaranteed to be BPA and PVC free.

All Beauty of Amber silicone necklaces have been tested and are fully compliant with Australian & New Zealand Standards (AS/NZS IOS 8124-1:2010).

Why choose Beauty of Amber?
Beauty of Amber specialise in Baltic Amber teething products, all of which are hand-crafted and made with authentic Baltic amber. Our genuine Baltic Amber is of the highest quality and sourced only from the Baltic Regions of Europe. We also have an extensive range of Silicone teething necklaces.

We are passionate about natural alternatives when dealing with the pain associated with teething, and offer excellent customer service.

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The Seven Major Benefits of PVC Cladding

 

Low Maintenance

 

Duratuff-Close-up-300x256With PVC cladding, you’ll never have to worry about repairing or repainting your weatherboards again. Unlike other materials, PVC cladding has been proven to be perfectly suited for Australian conditions, where weather conditions can go from one extreme to the other in a single day. Wood can warp, crack, dislocate, peel or collapse in certain weather, but PVC cladding can survive the Australian summer, torrential storms and bitterly cold nights while retaining its shape and condition.

As well as being durable without being brittle, PVC cladding does not fade in colour the way other materials do. Instead of a layer of paint coating the outside, the manufacturing process means that the colour remains consistent throughout the PVC. This also means that there are none of the colour inconsistences that can occur with external painting.

 

Versatility

 

The modular nature of PVC cladding means more versatility and a larger number of weatherboard projects that can be completed. PVC cladding can be applied both vertically and horizontally, and have a minimum of joins. The unique Windlock 180 system results in a more secure application and a tighter fit. Due to their flexible utility, PVC cladding can be used in domestic homes, offices, showrooms, swimming pools, hospitality, entertainment centres, trade workshops and many other places. The simple application and adjustment of PVC cladding also make them ideal for DIY home improvement projects.

 

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Better Insulation

 

Our PVC cladding comes with CFC free foam insulation built right into the cladding, reducing the cost of both materials and labour. This potentially means that you no longer have to bother with the hassle of installing internal insulation inside the walls. PVC cladding insulation will cool your house in the summer and warm it in the winter, resulting in a more comfortable temperature and a lower air conditioning bill.

 

Long Lasting

 

PVC cladding is warrantied for up to 50 years, decades more than other conventional weatherboard materials. This covers all sorts of extreme weather conditions, and has been tested to withstand winds up to 288 km/h. As mentioned above, little to no maintenance is required during its 50-year lifespan and will retain its colour and shape. PVC cladding is also resistant to crush and impact situations A rolled over nailing hem adds strength and stability, and smoothes out wall irregularities. So the odd bump or collision won’t crack, split or damage the tough vinyl surface.

 

Variety / Aesthetics

 

There are 200 color and texture combinations available for our PVC weatherboards, with a wide variety of aesthetically pleasing tones and shades. PVC cladding of decades past had a reputation for looking cheap and artificial, but modern vinyl cladding uses a low-gloss, wood grain finish that makes it indistinguishable from painted wood cladding. And unlike wood cladding, the tone and vibrance of the colour won’t fade over time.

 

Environmentally Friendly

 

Research indicates that external wall cladding is the most important variable element in the environmental impact of a residential construction. The sourcing of the materials used and their manufacture, the lifespan of the cladding and its potential to be recycled all determine how environmentally friendly a cladding material is. PVC cladding has been proven to a lower environmental impact than metal and other plastic claddings, and is far more durable and recyclable than wooden cladding. PVC requires lower processing temperatures, resulting in lower energy consumption during manufacture. Leftover materials are also recycled back into the next manufacturing process. At the end of their long 50 year lifespan, PVC cladding can also be 100% recycled, unlike wood that rots and metal that corrodes.

 

Fire Safety

 

Due to the chlorine base, PVC cladding does not ignite quickly and is inherently flame retardant. PVC has far higher flame resistance than traditional timber framing, and ignites at temperatures 127 degrees higher than wood. According to the Standard Test Method for Surface of Materials Using a Radiant Heat Energy Source, PVC has a one of the lowest radiant panel index’s. This means that not only does PVC have high resistance to combustion, it does not emit a large amount of energy when it burns and will not readily spread flames on its own.

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WEB DESIGN USING GRID-BASED LAYOUT METHOD

With any beautiful design or structure, from architecture to painting, there lies beneath it a grid-based layout from which these creations were originally derived. It is, in essence, the unseen mathematical component of all design that, for many web designers, has become standard in the pursuit for the perfect web design.

To understand what a grid-based layout for web design is, we first need to understand why it is referred to as “grid-based.” A grid is a structure consisting of intersecting straight vertical and horizontal guidelines that are made up of margins, flow-lines, columns, rows, gutters, modules, and spatial zones. This potentially complex composition provides the perfect structural base that allows a web designer to create graphic elements from, or to organise content within. It is this reason that grid-based layout is used in web design.

By using grids in the website design a sense of uniformed structure is achieved for the overall website, this helps achieve better usability for website visitors as they are able to navigate and engage with the website much easily than if the content was simply thrown together without structure. Another reason grid-based layouts are used is efficiency. By designing to a grid, the actual design process is simplified because design guidelines are already in place, therefore making it easier to decide on design elements, such as width and height.

When using grid-based layouts in our web design, we can either create our own grid, or download a ready-made grid template. If we create our own grid, we will need to rely on what option works best for us and the web design project we are working on. It is therefore valuable to follow some simple guidelines when creating our own grids. These are:

• Use only enough columns as needed for the web design. In other words, if you are only going to use ten columns, then only create ten columns – and not twenty.
• Watch the spacing. As a general rule, columns should have the same number of pixels across as rows are high.
• Don’t box yourself in. If you need to move outside of the grid for specific graphic elements, then do so. A grid is only there for structural support, and is not the end product.

If creating your own grid-based layout isn’t appealing, or you simple do not have the time to invest in it, then downloading a pre-designed grid template is available. There are many online sources that provide such templates, and by downloading a grid template you can save on time and have, at your disposal, an effective grid template ready to use.

It is important to re-emphasise that grid-based layouts for web design should not be mistaken for a strict rule by which all graphic elements or content must adhere to. Naturally, when creating anything we can move beyond specific rules in order to achieve our creative goal, and grid-based layouts are no different. If we use grids as a structural guide in our web design, then we are better able to create amazing web designs that will not only appear organised on our web page, but will hopefully inspire and engage every website visitor. Article from, web developer brisbane Nets and Webs

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