Drop us a note In this episode of Risk! Engineers Talk Governance, due diligence engineers Richard Robinson and Gaye Francis discuss the mathematics behind risk modelling and why relying on heat maps for decision-making can have limitations. Richard and Gaye explore the concept of the "ideal" hazard risk curve, unpacking why every hazard carries its own unique risk profile rather than a neat line of constant risk. Drawing on Heinrich's accident triangle and the hyperbolic relationship between...

Season 7 Wrap: The Growing Divide of Moral Imperative & Commercial Reality in WHS

Due Diligence and Risk Engineers Richard Robinson and Gaye Francis discuss governance in an engineering context.Richard &amp; Gaye are co-directors at R2A and have seen the risk business industry become very complex. The OHS/WHS 'business', in particular, has turned into an industry, that appears to be costing an awful lot of organisations an awful lot of money for very little result.&nbsp;Richard &amp; Gaye's point of difference is that they come from the Common Law viewpoint of what would be expected to be done in the event that something happens. Which is very, very different from just applying the risk management standard (for example).&nbsp;They combine common law and risk management to come to a due diligence process to make organisations look at what their risk issues are and, more importantly, what they have to have in place to manage these things.Due diligence is a governance exercise. You can't always be right, but what the courts demand of you is that you're always diligent&nbsp;