Event details

National Members' Meeting - May - Making decisions without ‘risk management’ myths

Hosted by the IIA-Australia QLD Chapter

Join IIA-Australia for a national members' meeting with Grant Purdy on making decisions without ‘risk management’ myths.

During his long career Grant Purdy and his colleague, Roger Estall, have often been engaged to investigate decisions that have gone spectacularly wrong or resulted in other than the intended outcomes. This has helped them develop an objective appreciation of what ‘good’ decision-making looks like and therefore, what characterises a ‘good’ decision. 

During this session, Grant will describe the universal method of decision-making - which is what all decision makers actually use - and explain how the combination of understanding and awareness of that method, and mastery of its elements, is what differentiates between successful and unsuccessful decision-makers. He will explain how setting up a regime of monitoring must be an integral part of decision making and the role that auditors could expect to play in it.

While a fundamental part of making decisions requires understanding and dealing with uncertainty, attempting to take account of and resolve uncertainty via the concept of ‘risk’ and constructs of ‘risk management’ is neither an effective nor a logical path to adopt. This session will explain how, by drawing attention away from the universal method of decision-making, the distraction of ‘risk management’ often leads to poor decisions.

Grant Purdy Director, Sufficient Certainty Pty Ltd
While he has had many titles over the last 40+ years, they all seem to come down to assisting decision makers to have effective and efficient conversations about whether the decisions they are making, and have made previously, are providing sufficient certainty that intended outcomes will be achieved.Through most of Grant’s career this has been labelled risk management. However, despite his best efforts, this is still widely perceived as being concerned with failure rather than with success.

Nowadays, Grant mentors, trains, supports and generally helps organisations and the people who lead them make more-soundly based decisions – so their organisation can realise its purpose.Grant has worked in over 25 countries and in numerous types of industry and organisation. He’s had over 100 articles and papers published, spoken probably too often and also written quite a few books and handbooks, always with others.Grant has started five companies, held executive positions in four multi-national companies, has sat on several boards and committees and currently chairs the Boards of three not-for-profit organisations and the Finance and Investment Committee of another.

Register now

Venue and date:

Date: Wednesday, 19 May 2021 - 12:00 PM to 1:00 PM

Location: -


Online - Live streaming

Status: Available


Non Member: $35.00

Member: $0.00

Duration and CPE: 1.00 hours

For more information please contact Catherine Searson

+61 02 9267 9155