TOP EVENT R
ick Mounfield, CEO of the Security Institute, invites you to consider the Risk Bowtie as a straightforward and graphic way to represent your approach to managing a risk.
THREAT CONSEQUENCE
THREAT
CONSEQUENCE
THREAT
“A picture paints a thousand words” said Frederick R. Barnard in 1921 and it’s well worth considering when you need to demonstrate a risk and its associated impacts in a succinct way. There are many tools available to the modern security professional and I offer this method for your toolbox. I have seen it used by the Civil Aviation Authority and the British Army. I like its simplicity and visual articulation.
Many reading this will be well versed in risk and the common strategies that can be used to manage it. The manner in which we demonstrate each risk and present it will impact on the way it is read and understood by those that need to implement the control measures. Overly technical and it can become confusing. Too little information and it may
PREVENTATIVE CONTROLS
HAZARDS
not realistically reflect the true measure of the risk event or the controls required to respond.
As you can see, the model is shaped like a bow tie, creating a clear differentiation between proactive and reactive risk management.
Every business has hazardous events that will be listed on a risk register. Those risks can be individually assessed and then managed using the bowtie template.
RECOVERY MEASURES
OUTCOME
What is the hazard? And what is the top event that could occur?
It can be anything deemed as such, like crossing the road. The hazard is the act of crossing the road. The top event, (in the bowtie knot) is the top risk event, the thing we wish to mitigate – In this case, being struck by a moving vehicle, resulting in death or serious injury.
CONSEQUENCE
Security Aligned To London
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The new business unit will enable Bidvest Noonan to closely align its operations and solutions to its growing portfolio of clients in the capital.
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Adrian.Canale@
bidvestnoonan.com +44 791 751 4712
www.bidvestnoonan.co.uk 12 © CITY SECURITY MAGAZINE – SPRING 2022 Advertisement
PREVENTATION
MITIGATION
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