1. RISK
What’s In It For ME!

2. HOW TO ESTABLISH A RISK BASED CULTURE
Risk Overview
Definition
What Determines Risk
Risk Tolerance
Pay Attention to Thinking
Recognize Risk
Choices and Consequences
Activity
Conclusion

3. Risk Defined
The potential of gaining or losing something of value. Values (physical health, social status, emotional well being, or financial wealth) can be gained or lost when taking risk from a given action or inaction, foreseen or unforeseen
Risk can also be defined as the intentional interaction with uncertainty

4. What Determines Risk aversion or acceptance?
Age
Gender
Previous Experience
Education
Health Factors
Physical Conditioning
Time Constraints
Extracurricular Activities

5. What does risk look like?

6. ….More risk

7. Tolerance The ability or willingness to tolerate something
The capacity to endure continued subjection to something
The allowable amount of variation of a specified quantity

8. Risk Tolerance Some rules cant be ignored:
Gravity
“Do this, don’t do that…if you do you will be safe!
Rely on the employee to:
Perceive
Recognize
Understand the consequence(s)
Make a decision based on the risk
Not tolerate high risk behavior

9. risk tolerance Study by Dave Fennell; Imperial Oil
Seven Factors that increase employees tolerance of risk:
Overestimating capability/experience
Familiarity with the task
Voluntary actions and being in control
Confidence in equipment
Confidence in protection and rescue
Potential gain or profit from action
Role models accepting risk

10. What is acceptable risk?
Individuals
Companies
Where are we as individuals and as a corporation knowingly or even unknowingly acting outside the world of expectations?
Perception vs Reality

11. Perception vs Reality

12. Risk components The two components of risk:
Severity – How bad can it be?
Probability – How likely is it to happen to me?
Every choice at work that carries risk involves your past experiences and present motivations
How much risk will you tolerate?
How bad can it be?

13. 1 3 5 6 4 2

15. Pay attention to our thinking
Internalize thoughts during the decision making process:
Describe the situation
List your thoughts
List your feelings
Evaluate your attitudes and beliefs
Be objective; don’t blame, make excuses, true or false
Control thinking to gain power and influence over any situation

16. Pay attention to our thinking
Answer the question:
WHO DETERMINES FEELINGS AND THOUGHTS IN ANY GIVEN SITUATION?
The most important part of the thinking exercise:
Evaluate your thoughts before a behavior or action takes place
Because you know what’s coming don’t you! WHAT WERE YOU THINKING?
Normally won’t ask that question until “post incident”

17. Recognize risk
HIGH RISK – The likelihood of an action having great potential for harm; or
LOW RISK – Most likely to “get away’ with the action with little to no personal consequence
Important to consider both due to physical and emotional reactions and perceptions

18. Recognize risk

19. Recognize Risk STOP IMMEDIATELY Get Assistance Assumptions:
You are familiar with the task
You have the cognitive ability to recognize most, if not all the risks associated with the task.
If either one of these assumptions is incorrect, or you are not sure…
STOP IMMEDIATELY
Get Assistance

20. Recognize risk
For routine tasks with little to no risk…not asking to over analyze your feelings and perceptions…
Recognize that even routine task carry a degree of risk that at least should be momentarily considered!
Pay Attention to Your Thinking
Recognize the Risk

21. Choices and consequences
Situation
Response based on the following
How familiar
Time pressure
What’s my reward
Others

22. Choices and consequences
The goal:
Generate multiple possibilities
Identify possible consequences to response
Chose the appropriate action based on the goal and the potential consequence
Obviously the one with the least risk!
Be confident in the decision and act based on choice

23. Choices and consequences

24. Exercise
Scenario: It’s 5’oclock and you are the gang pusher for XYZ Roustabout Company. You are called to a location to replace a in-line check valve on a grasshopper pumping unit that has a 5 foot cellar.
Pushing this gang for 5 years and the least experienced hand in the gang has 2 years
What’s the risk?
Oh yes, I forgot to mention the well has 30,000 ppm h2s

27. conclusion Hazard recognition Root cause investigations
Prevention of injury, illness and fatality
Reduced costs
Everyone engaged in safety