Public servants trained in enterprise risk management policy and risk assessments

(SKNIS): A number of permanent secretaries representing government ministries across St. Kits and Nevis were exposed to a one-day Executive Risk Management training seminar aimed at assisting them to better understand risk management and to be able to implement some of the techniques taught.

The seminar, which is hosted by the Ministry of Justice, Legal Affairs and Communications, in the Government of Saint Kitts and Nevis (GOSKN) in collaboration with Certified Information Security Inc., is geared towards establishing the scope of GOSKN risk management programme; determining roles and responsibilities to manage operational risk throughout ministries/departments/agencies (MDA); and establishing the context for risk acceptance, risk evaluation and business impact.

Acting Permanent Secretary in the Ministry of Justice, Legal Affairs and Communications, Diana Francis, welcomed the permanent secretaries and outlined the day’s proceedings.

“The seminar today will provide a concise introduction to enterprise risk management, its concept and how it can be implemented in the public service. We would learn today how to manage operational risk and establish a certain criteria for risk acceptance, risk evaluation and business implementation within the ministries,” she said, adding that technocrats will also undergo the same training for the next three days as a way of empowering them to perform the risk assessment and risk treatment.

Facilitator of the training, Allen Keele, CEO of Certified Information Security located in Florida, United States, said that the training is important as it will enable participants to deal with managing risk at all cost.

“Today we are going to discuss how enterprise risk management is used for other things you are familiar with in terms of needs… and obviously business continuity, disaster recovery, as you can’t manage risk of a disaster if you don’t know how to manage risk. It is something that should be planned for rather than reacted to,” said the CEO, noting that risk assessment is also used to drive other things such as information security as one cannot manage information security if he or she doesn’t know how to assess risk. “Whether or not you are managing health and safety issues or managing environmental risk issues, at the core of it is risk management, and having a good programme in place to assure that we always consistently have good risk management is of great importance.”

The training will also be extended to technocrats for the next three days as a way of empowering them to perform the risk assessment and risk treatment.

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