Official Introductory Brochure What is BowTieXP? BowTieXP is a software tool that supports the BowTie eXPerience methodology. This methodology helps organisations to model their risks in a simple visual format that is shaped by a bow-tie. The power of the BowTie eXPerience methodology is the combination of the visual insight that it provides and the simplicity of the methodology. BowTieXP reduces risk management to a useful level, easy to understand and easy to communicate. BowTieXP supports and extends the BowTie risk management methodology. BowTieXP is used by organisations worldwide to manage risks, notably BowTieXP is even used to manage risks that are so great they could endanger the safety and continuity of entire organisations and their employees. All rights reserved. Subject to change without notice. © IP Bank BV 2004-2005 Page 1 of 4 Official Introductory Brochure A very short explanation of what a BowTieXP model is BowTieXP models provide a simple, graphical representation of the relationship between the causes and consequences of business upsets, the control measures in place and the tasks, procedures, responsible individuals and competencies which support and enforce the controls. If you’d like to find out more, please visit: www.bowtiexp.com . Example of a BowTieXP model Why use BowTieXP? This brochure will give you many reasons to start using BowTieXP, and after reading this brochure you will be able to tell us why you want to start to using BowTieXP rather than the other way around. We hope you enjoy our brochure, and we genuinely appreciate it if you contact us with your questions and feedback. Try BowTieXP today Governors and SafetyPro will gladly provide you with a BowTieXP trial copy (30 days) if you are interested in evaluating BowTieXP. If you haven’t used a trial copy and decide to buy the software right away, Governors provides an unconditional 30-day money back guarantee. We are that confident you will enjoy using BowTieXP. SafetyPro Prevention Services P.O Box 718 Governors B.V. Zoeterwoudsesingel 63 Millet Alberta, Canada T0C 1Z0 2313 EL Leiden, The Netherlands Tel: 1 866 920 7767 Tel: +31 (0) 71 5128753 Fax: 1 866 382 3095 Fax: +31 (0) 71 5190579 E-mail: [email protected] E-mail: [email protected] Website: www.safetypro.ca Website: www.governors.nl All rights reserved. Subject to change without notice. © IP Bank BV 2004-2005 Page 2 of 4 Official Introductory Brochure Who uses BowTieXP? BowTieXP is used by organisations that understand the importance of risk management. Within organisations, BowTieXP is used by those who need to have insight and overview with respect to risk, whether that is a risk manager or a project manager, or someone with operational responsibilities. BowTieXP is used by some of the biggest companies on the planet, defense departments and other government organisations. It is certainly not limited to big companies, BowTieXP is used by many smaller organisations as well. Please contact us for references. Top 5 reasons to improve your Risk Management Risk Management is about doing the job well Improving Risk Management in your organisation is not a theoretical exercise, improving risk management will improve the overall performance of the organisation. For organisations using BowTieXP, this has been a consistent side-effect. Beats insurance Improving Risk Management in your organisation beats insurance any day. Just insuring risk is a reactive approach to risk management, proper proactive risk management with BowTieXP will prevent hidden costs that almost always accompany a business upset. Good Corporate Governance Proper Risk Management is a requirement in virtually every corporate governance code in any country. BowTieXP is probably the first risk management software tool for corporate governance risk management. BowTieXP helps board of directors prove they’re on top of risk management within their organisation. Risk Management requires a feedback process Risk Management needs a dynamic approach to be effective. BowTieXP gives organisations an improvement process where risk models can be analysed and updated based on an incident. The risk models in BowTieXP reflect the current knowledge with respect to risk in the organisation. What your employees don’t know will hurt your organisation Risk Management is not just about risk itself, it is just as much about the management of risk information and knowledge. Accidents often occur even though people within the organisation knew about the risks, unfortunately the people that could have prevented it didn’t know and never found out about them because the information was unavailable or poorly accessible to them. All rights reserved. Subject to change without notice. © IP Bank BV 2004-2005 Page 3 of 4 Official Introductory Brochure Top 7 reasons to use the BowTie eXPerience methodology Start Out Simple Many good risk management initiatives fail because they are too complex or they have become too complex too quickly. The BowTie eXPerience methodology is simple and powerful, it gives an organisation insight without adding extra work to daily activities. Visualises Risks BowTieXP does not just list risks, it shows the controls that prevent the causes and mitigate the impacts of the risks. This clear, graphical representation promotes ease of understanding and communication. Links to Everyday Tasks BowTieXP links the risk controls to critical tasks, procedures and competencies. This means that the risk assessment is not just a snapshot of that moment in time. It ensures that the controls remain effective and risks continue to be managed tomorrow as well as today. Practical Approach BowTieXP facilitates the practical implementation of risk management at the operational level. The method is not limited to technical specialists. By involving the people responsible for risk controls they can see why what they do is critical for managing risk. Corporate Knowledge BowTieXP makes risk information readily accessible and provides a corporate memory for knowledge that may otherwise be lost. By linking risk controls with how they are implemented, it also supports handovers and audits. Based on the Bow Tie methodology The BowTie eXPerience methodology supports and extends the BowTie risk management methodology. BowTie eXPerience methodology adds an effective approach to modelling BowTies, support for the Tripod methodology and will evolve with the changing needs and requirements of the market. BowTie eXPerience methodology improves safety culture When you try to improve organisations, causality is almost impossible to prove. Is the organisation improving because of what they’re doing, or is the fact that the organisation is motivated to do something driving the improvement? While we may never be able to know this for sure, what we do know is that organisations that use the BowTie eXPerience methodology have a significantly more mature safety culture than companies that don’t. All rights reserved. Subject to change without notice. © IP Bank BV 2004-2005 Page 4 of 4