Introducing the HBDI®-RMDS

Herrmann International Asia is pleased to offer the HBDI®-RMDS, a unique tool that is able to assist your organisation to engage in a process of discovery and enhance its risk management processes, practices and culture.

Herrmann International Asia has partnered with 80-20 Options NZ Ltd to bring this new, innovative and dynamic risk thinking process tool to our clients.  The HBDI®-RMDS complements other Herrmann products and services and has been developed specifically to engage organisations’ thinking about risk management. 

In organisations that are familiar with the Herrmann Brain Dominance Instrument, both individually and within teams, this tool facilitates the incorporation of risk thinking and risk awareness into everyday work routines at both the planning and reviewing level.

International risk management best practice

One of the best features of the (HBDI®-RMDS) tool is the comprehensive reporting capability. The tool provides scores and visual profiles, not only in terms of the Australia / New Zealand Risk Management Standard (AS/NZS 4360:2004), but each risk statement has also been categorised according to the Thinking preference style / capability that would be dominant in the team’s ability to address that risk. 

The AS/NZS 4360:2004 is currently being assessed by the International Standards Organisation (ISO) for adoption as the International Risk Standard (ISO 31000) in 2009.

Thinking Preferences and Risk Gaps

From the above profiling and the Herrmann Brain Dominance Instrument® (HBDI®) profile of your team’s thinking preferences you can assess whether or not you have a sufficient "Thinking Preference" bias in your team to readily address critical risk issues.  A comparison of thinking preferences, associated with the risk "gaps" is very helpful in directing management attention to long standing risk-related issues.  For the first time you have a Whole Brain® (holistic) view not only of your risk improvement areas, but of the thinking that is required.

Benefits of using the HBDI®-RMDS

This tool will add the following benefits to your organisation:

• An increased awareness of your management and employee perceptions and attitudes towards risk management; thinking about risk is an essential part of organisations’ risk capabilities

• Facilitated understanding of both your organisation’s / team’s risk profile and your thinking preferences; this supports a structured approach to risk management change programmes and applies OD principles

• Reduced costs through increased awareness of risk issues and opportunities

• Benchmarking of the current organisational risk culture and gaps in the desired organisational risk culture, policy and practices

• Supports continuous improvement through identification of key strengths and opportunities for further development as well as weaknesses and improvement areas

The HBDI®-RMDS is the start of an organisational risk management improvement program that engages the organisation’s thinking about risk.  It continues to pay off in terms of a range of benefits for employees, managers and the organisation. 

Implementing the HBDI®-RMDS Program

The first HBDI®-RMDS program that any organisation implements is run by a Herrmann International Asia risk expert. The organisation can then choose to:

• Continue using Herrmann International Asia to run subsequent programs
• Get their own in-house person trained to run subsequent programs.

This training process involves:

1. Selecting someone from the organisation who is already a fully HBDI® Certified Practitioner
2. Having them participate in the first HBDI®-RMDS program
3. Having them co-train the second HBDI®-RMDS program with the Herrmann International Asia risk expert.
   

Once this process is complete, the organisation is able to manage and run the entire program itself.

For further information about how to implement the HBDI®-RMDS program, please contact us to discuss your needs.