White Paper on Risk Assessment and Risk Planning

This White Paper is an edited version of the written submission made to the House of Lords inquiry by the ISRM. We believe that the lessons outlined here are applicable to strategic planning and crisis management in any situation, whatever the specific details might be, and whether that is a government, city, critical national infrastructure, corporate or community context.

The crises we will be facing in the coming decade will undoubtedly test us to an extent that we have not experienced previously. National and global responses to Covid-19 have clearly identified weaknesses in our crisis management modelling, frameworks and capabilities. It is hoped that this has been a wake-up call to all of us involved in the strategic risk management field.