Benchmark risk management in Australia, UK and USA Research Paper

Benchmark chance management in Australia, UK and USA - Research Paper ExampleSince the greatest threat to physical installations and assets is from terrorist activities, therefore, it is pertinent to review what planning and strategies have been defined by the selected police departments in countering terrorist acts and risks associated with them. Geographic Scope get together Kingdom, United States of America and Australia Summary of Best Practices related to Risk Management of Physical Assets and Infrastructures Integration of protective cover and safety plans and strategies, so as to ensure that the whole system operates with full force and concentration. Communication and coordination with fellowship in order to bring down risks associated with potential threats. Effective communication of potential threats and risks with concerned authorities and stakeholders. Making use of technology to avoid or prevent damages from unforeseen events. Categorical sagaciousness of risk re lated to physical assets and infrastructures, so as to understand the degree of risk associated. Integration of controlling, coordination and dominance for risk management. UNITED KINGDOM London Police division The London Police Department is change integrity into four directorates which assume different responsibilities. For each of the directorates, a separate risk management strategy is devised by the police department, under the leadership of Stephen Rimmer, the Director of Strategy Modernization and Performance Directorate. In the coming lines, the investigator would discuss a number of risk management strategies adopted by the London Police Department, in order to protect its physical assets from terrorist attacks, natural disasters and riots, but the focus would be on terrorists attacks as this federal agent is considered as being more destructive for physical assets of London Police Department. KEY STRATEGIES TO COUNTER luck ASSOCIATED WITH PHYSICAL ASSETS London Police Department uses a 360 degree mechanism for its field operators to report every damage in case of terrorist attack, accident or natural disaster. Besides, wireless cameras are also installed on the site where physical assets are installed by the Police Department. Risk Management Process and Mechanism By communicating with field operatives, the supply sitting at the central monitoring area fetches information virtually the damage occurred to the physical assets of the organization. After receiving the information about the damage, the central monitoring areas staff evaluates the level of risk assumed by the field operatives, occurred to a physical asset. These physical assets might allow in security check points, railway stations, heavy traffic points, hospitals, shopping malls and etc. The figure given under would help the readers to understand, how this whole butt on works As it can be observed, that this is a simple process to avoid any damage from the previously mentioned i ncidents, that may result in an unfavorable impact on the physical assets of the London Police Department. From evaluating, the process enters into the policy formulation or mitigation plan evolution phase where the experts designs a risk management plan to ensure that the organization does not loss on the monitory value of the physical assets mentioned. The installation of control cameras is another strategy that London Police Department has used wisely over the years to overcome the monitory loss that it incurs from the damage to physical assets of the organizations. These surveillance came