PDC 207: Strengthening Skills in Decision Making in Managing Risk

Charles Redinger, PhD MPA Lead Instructor
Institute for Advanced Risk Management
Harvard, MA 
 
Glenn Barbi Instructor
BD (retired)
Franklin Lakes, NJ 
 
Fred Boelter, CIH, PE, BCEE, FAIHA Instructor
Boelter Risk Sciences and Engineering LLC
BOISE, ID 
United States of America
 
Mary O'Reilly, CIH, PhD, CPE Instructor
ARLS Consultants
Rochester, NY 
United States of America
 
Sat, 5/22: 8:00 AM  - 12:00 PM 
Professional Development Course 
Virtual 
Room: Virtual 14 
CM Credit Hours: 3.5 

Description

Risk is a ubiquitous part of life and work. Decision-making in risk management is rife with complexity, tension, and paradox. Depending upon the context and the who or what, a risk may be acceptable or not for the workers, public, board room, or news media. Decision-making is emphasized because of its central role in risk management. This PDC will: a) challenge participants to expand their risk perspectives and skills; b) present key ERM (COSO, 2017) distinctions applied to IH/OHS practice; c) examine the dynamics between risk appetite, tolerance, and transfer; and e) use games, case studies, and group exercises to strengthen decision-making skills. Emphasis is given to identifying and closing gaps between participant skill levels and organizational needs and expectations. This course is based on a chapter in "Patty's Industrial Hygiene, 7th Edition (2020)."

Course Outline

• Introduction
• Decision Science
• Developing a Richer Vocabulary
• The Human Operating System in Decision Making
• Evolution in Risk Thinking
• Decision Making Currency
• Structured Decision Making
• Organizational Risk Management Frameworks
• Improving Decision Making Skills 

Learning Outcomes

Upon completion, participants will be able to:

• Describe the multifaceted nature of risk and how it impacts organizations.
• Identify an expanded risk profile related to jobs/engagements/activities.
• Demonstrate risk related decision making skills.
• Recognize biases in risk thinking and judgment.
• Apply the ABIH Code of Ethics to the process of informed decision making.
• Outline ways to improve risk related skills, and organizational risk decision making.
• Evaluate how to close gaps between decision making skills and organizational needs/expectations.
• Implement improvements in risk decision making and management. 

Value Added

Participants will receive an expanded understanding about risk management and decision making in complex settings allowing for immediate application to upgrading existing EHS systems and frameworks to support organizational risk management goals.  

Business Case/IH Value Statement

COSO's ERM (2017) framework will be emphasized, along with ISO 31000 (risk management). Attendees will have stronger skills to use in interacting with ERM and non-EHS/OHS risk management professionals in their organizations. Participant leadership skills will be strengthened to support organizational risk management.  

Course Level

Intermediate

Learning Aids

None

Topics

Available as part of AIHce OnDemand
Ethics
Risk Assessment and Management
Total Exposure Health/Total Worker Health ®

Transfer of Knowledge

Group activities
Interactive games
Practice exercises