Risk and Collaborative Working Sandy Mackay, Senior Consultant, BPG Chairman Be Risk Management Working Group

Risk Risk management is a team sport You need to play it with others You all need to be on the same side So collaborate!

Collaboration Threats can work, but….! People prefer an attractive proposition A team must have a common goal They should be rewarded together

Risk management We need standards or protocols Aids understanding Central to Collaborative Working

Todays problem? The brick wall What can go wrong… Usually does But still it goes on (and on)

How to solve it We need to work together Reward those who get it right Assist those who get it wrong Understand the process

Reward structure Pay the player for a team performance Best players are paid more Weak players are supported But it is the team that wins

Risk registers Not just external risk Internal risks may be greater What happens when the funding is lost? What happens if a member fails to perform? Know what the showstopper might be

Corporate - v- Project Companies vary –size –appetite for risk –type of operation Every company is different How do we put them together?

Today Workshops to get you thinking Speakers to give you ideas Collaborative Contract to try Be open!