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Posted By grumpy
I have been asked to complie a risk register for the business (which is a local government organisation). In the gister I have put "kidnapping" of senior personnel as a "risk" and basically been told that it isn't a risk to the business ...... taking in the current climate are there any views for or agiainst out there or am I being too inventive ???
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Posted By ColinPink
Hello
I think you might have been a little to inventive.
I think you are highlighting two or more general risks.
The unplanned short or long term loss of key personnel due to illness or personal concerns. In which case you need a contigency plans.
The second is the risk of the data security of your key perosnnel falling into the hands of someone else.
If your not careful you will have a very big risk register. If your planning for kidnaps you should also plan for lottery wins.
I saw a risk register once which had three different events of total destruction of a building which is basically the same event.
Hope that helps
Colin
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Rank: Guest
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Posted By David W
Grumpy,
Some organisations do consider Kidnapping and Extortion to be significant risks to their business activities, particularly if they work overseas.
However, as a general rule this information should not appear on "open" risk registers as it implies that the organisation has financial contingencies in place to cover such events and therefore increases the risk of it becoming a target.
If your organisation does consider this to be a threat then "closed" management plans should be developed, on the other hand if it does not consider this to be a threat it should not appear on the risk register.
If you do a web search there are some very useful websites to assist on determining threat levels.
Hope this is of use.
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Rank: Guest
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Posted By Colin Reeves
Grumpy
If you consider an entrepreneurial organisation where the company was founded by a single person who is still the "brains" of the outfit, then kidnapping would have a serious risk to the continuance of the company.
You mention that your organsiation is a local authority. I would suspect that even the removal of the Chief Executive would not interfere with the running of the Council (be a bit of a nuisance for the Chief Executive but ....)
Accordingly, while registering it as a risk, the effect would be minimal and could be ignored from a "risk" perspective.
colin
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