Understanding what risk is yours - and what to do about it

Hazard Note 37 looks at research that has identified three decision making areas where risk ownership can be assessed as part of strategic decision making. These areas are the values at risk from natural hazards, the impacts, consequences and risks arising if those assets are affected, and strategic risk management actions.

Key findings show an imbalance of risk ownership between public and private sectors. 

A framework has been developed to assist emergency managers understand their risk ownership and what can be done to reduce it. This framework will enable risk practitioners and policy makers to act decisively and collaboratively in the present, whilst thinking and planning for the future.

Further reading

Jones, R. N., Young, C. K. and Symons, J. (2015), Mapping values at risk from natural hazards at geographic and institutional scales: framework development. Bushfire and Natural Hazards CRC.

Young, C. K., Jones, R. N., Kumnick, M., Christopher, G. and Casey, N. (2017), Risk ownership framework for emergency management policy and practice. Bushfire and Natural Hazards CRC.

Young, C. K., Jones, R. N. and Symons, J. (2016), Understanding values at risk and risk ownership workshop synthesis report, Bushfire and Natural Hazards CRC.

Young, C. K., Jones R. N., Symons, J. (2016), Institutional maps of risk ownership for strategic decision making, Bushfire and Natural Hazards CRC.

Young, C. K., Symons, J., Jones, R. N. (2015), Whose risk is it anyway? Desktop review of institutional ownership of risk associated with natural hazards and disasters. Bushfire and Natural Hazards CRC.