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the ideal risk team includes a combination of these types - to be effective and bring out the best in the team you need a mix of skills

Specialist risk management software supplier publishes infographic depicting the structure of the ideal risk management team

Maidenhead, UK. 10 December 2014 – Sword Active Risk today published a new infographic depicting the make up of the ideal risk management team. Based on a previous comprehensive survey supplemented with anecdotal evidence gathered during many high profile deployments of enterprise risk management solutions, the infographic shows the various personality types required to make up a strong risk team.

Keith Ricketts, Marketing Director at Sword Active Risk commented; “We found that risk managers have many different personality profiles, however, there is a stereotypical risk manager and about 60% fall broadly into this category, which we call Technicians. The other types were Evangelists, who made up about 30% and Drivers who made up about 10%. In our experience, the ideal risk team includes a combination of these types - to be effective and bring out the best in the team you need a mix of skills.”

Technicians – the archetypal risk manager – are analytical, cautious, numerate, precise and principled, capable of gathering, recording and analyzing large amounts of data. However they are not necessarily so good at communications and in particular, persuading other departments of the importance of providing risk data.

Evangelists tend to be inspiring leaders, very optimistic, diplomatic and persuasive. They can be verbose and prone to exaggeration, and can appear to lack gravitas. Drivers are very pragmatic, results driven, focused and determined, preferring results to facts. They can be demanding, impatient with little time for detail, feeling that the end justifies the means.

Ricketts continued; “Technicians need Evangelists to help them sell the benefits of risk management to other departments, including the Board. The risk team also needs some Drivers to ensure that objectives are achieved, projects stay on track and are brought to a successful conclusion.

“Having a mix of these personality types can cause friction, however, acknowledgement that each has their own talents, and works in different ways, is a good step towards maintaining an efficient and harmonious team. Learning how to deal with other personality types, possibly with some training, is critical to running a successful and highly effective risk management team.”

For a copy of the What makes a great Risk Management Team infographic please contact: Andreina West, +44 (0) 1491 639500, andreina@pra-ltd.co.uk or visit SWORDACTIVERISK

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NOTES TO EDITORS

About Sword Active Risk

Sword Active Risk makes risk management simple, valuable and personal. Sword Active Risk provides the world’s first risk management software that drives business performance by enhancing visibility, accountability and confidence at project, program and enterprise levels. Active Risk Manager (ARM) is the first solution available which integrates Risk Management, Cost Management and Schedule Management to show the real impact of risk, to enable better-informed decisions, and the ability to leverage risk to create competitive advantage.

Sword Active Risk is the project risk software provider of choice for the world’s leading Energy, Infrastructure and Defense projects, working with organizations like the US Air Force, Bechtel, Crossrail, US Federal Aviation Administration, Lockheed Martin, Rio Tinto and Skanska to manage project risk worldwide.

Sword Active Risk has offices in the UK, USA and Australia, servicing customers worldwide directly and through a growing network of partners.

In September 2013 Active Risk was acquired by Sword Group. For more information please visit:www.sword-group.com

For further information and a detailed view of Sword Active Risk and ARM please visit: www.sword activerisk.com

Editors Contacts:

Keith Ricketts
Marketing Director
Sword Active Risk
+44 (0) 1628 582500
Keith.Ricketts@activerisk.com

Andreina West/Mary Phillips
PR Artistry
+44 (0) 1491 639500
andreina@pra-ltd.co.uk

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