User:Roccocuster/Integrated risk management

Integrated risk management is a continuous, proactive and systematic process to understand, manage and communicate risk from an organization-wide perspective. It incorporates the risk management process into the planning and decision-making of business processes and aggregates all types of risk across from all departments, and monitors and manages risk on a (portfolio) comprehensive basis.

Integrated risk management typically stretches across subject areas, professions and citizen participation. thinking about risk: a holistic approach to risk reduction with safety, security and sustainability at the center. This is an approach that will help policy makers and business people, risk managers and civil society to address the complex risks around them more effectively.

Stronger ties with adequate public-private-partnership models have to be built among risk management communities, and approaches should be devised to move towards a more truly integrated way of thinking about risk: a holistic approach to risk reduction with safety, security and sustainability at the center. This is an approach that will help policy makers and business people, risk managers and civil society to address the complex risks around them more effectively. To be able to take effective and efficient decisions for disaster risk reduction and climate change adaption measures, which lead to transparent and comparable results in different risk situations, a consistent and systematic risk management approach has to be followed. Hereafter, this approach will be called “integral risk management”, a process that contains a systematic framework for the risk analysis and risk assessment procedures, finally leading to consistent decisions and to an optimized, integral planning of risk reduction measures. A consistent risk concept provides a substantial base and allows the comparison of various risk scenarios at different locations and originating from different natural disasters. Therefore, a risk based management, instead of a purely hazard related approach, is the key for the future. A significant driving force for this paradigm shift is the demand for accountability and improved effectiveness of risk reduction measures.