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Summer Journal

Volume 27, Issue 3

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June 10, 2014

RIMS Risk Maturity Model: Root Cause Discipline

In Washington, D.C., officials tried, but were nearly helpless in stopping the deterioration of the Lincoln Memorial. Rather than address the damage with costly repairs, they instead traced the concern back to a root cause. Deterioration was caused by the high powered hoses needed to clean the building—which were necessary because the building was an attractive home for birds. Birds were drawn to a very dense population of insects, which were attracted to the bright lights of the memorial.

So how do you stop the Lincoln Memorial from deteriorating? You dim the lights.

The root cause methodology provides clarity by identifying and evaluating the origin of the risk rather than the symptoms. Unveiling the triggers behind high level risk and loss events point to the foundation of where an organization is vulnerable.

Uncovering, identifying and linking risk back to the root causes from which they stem allows organizations to gather meaningful feedback, and move forward with accurate, targeted mitigation plans.

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http://www.riskmanagementmonitor.com/rims-risk-maturity-model-root-cause-discipline/