Colin John Latham Develops Tailored Business Risk Management Plan for Your Organization


Colin John Latham defines risk as a possibility that is harmful or undesirable for an organization. These include – injury, harm, and abuse to the organization’s volunteers, clients, board members, property, or reputation. 

Keep in mind that it is not possible to eliminate all risk. 

Colin John Latham risk management process includes 


  1.  Identify the risk – Colin evaluates each process of the business and identifies anything that can have a negative impact on the business growth.
  2. Assess the risk - Assess each identified risk by establishing:
  • The frequency of the risk’s occurrence
  •  And its impact
     3. Treat the risk – Developing cost effective processes to deal with the risk
  • Avoiding
  •  Reducing
  • Transferring
  • Accepting


  4. Monitor and review - Regularly monitor and review your risk management plan and ensure the control measures and insurance cover is adequate. 

Colin John Latham leverages intelligent tools to identify important information about prospective new talent, third party suppliers, potential partners, or anyone that the organization interacts with, and use it to access the risks of meetings with them or while making a contract, to ensure a successful outcome. 

Colin John Latham is an Enterprise Risk Management professional who attended the St. Virgil’ College. He was also the elicit member of the Student Council in the Hobart University, from 1984 – 1987. Colin is fitness savvy and has competed in Olympic Distance Triathlon in Melbourne, Sydney, Noosa, Gold Coast, and Fiji with a best time of 2 hours and 12 minutes. He has also competed in Open Water Swimming Events at Lorne, Torquam, Williamstown, St. Kilda, Brighton, Mt. Martha, Portsea, and multiple times on Australia’s Sunshine Coast and International Distance upto 2.5 km.
Colin does a lot of Charity and considers supporting his community his social responsibility. To work for the cause he annually participates at “Murray to Moyne” 24 hours cycling event to raise money for the hospitals.

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