ISO 31000, Risk Management & Better Decision-Making with Grant Purdy

Episode notes

In this episode of RiskMasters , I speak with Grant Purdy about risk management, uncertainty and the relationship between risk and better decision-making. Grant has spent almost five decades working in risk and decision-making. He was a nominated expert involved in the development of ISO 31000 , contributed to ISO Guide 73 and helped shape ISO/IEC 31010 . He is also co-author, with the late Roger Estall, of Deciding , a practical guide designed to help people make better decisions. Our conversation examines how risk management has evolved, why Grant believes parts of the profession have become disconnected from decision-making, and what boards, executives and risk professionals can do differently. “Certainty is a total illusion. It can never be achieved.

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