Arup has been recognised as an ABA100 Winner for Risk Management, in The Australian Business Awards 2016.
The Australian Business Award for Risk Management recognises organisations for initiatives that demonstrate excellence in risk management.
“Terminal 1 is a highly complex operational environment. Once the physical works for the T1 Domestic Terminal were completed, the new facilities still needed to become operationally ready.
“Working closely with Perth Airport and their stakeholders, Arup implemented an ORAT strategy to minimise risk for the migration of Virgin Australia into the new terminal. It ultimately provided stakeholders and passengers with a seamless launch and no disruption to existing operations.”[/testimonial][/testimonials][separator style_type=”none” top_margin=”10″ bottom_margin=”10″ sep_color=”” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” class=”” id=””]
Arup’s management consultancy specialists strive to combine technical expertise gained through the firm’s engineering heritage with commercial, strategic and financial experience that aims to offer creative, practical and sustainable advice. From economic advice that impacts local, regional and national economic development, to innovative transaction advice solutions, Arup combines strategic experience with technical know-how to produce solutions that try and help their clients meet business objectives whilst reducing costs and managing risks.
To this end, Arup have developed the ORAT risk management process, used in consultation with Perth Airport, which is undergoing redevelopment to consolidate operations into one precinct. Arup’s ORAT methodology is designed to be modular, completely flexible and allow clients to select services that complement their own in-house capabilities. It focuses on promoting, facilitating and tracking stakeholder readiness across four ORAT work-streams, including: connected leadership; operations and activation; preparing people; and transition of ownership.
A central aspect of Arup’s ORAT risk management philosophy is that there should be ‘no surprises’ on opening day. This can be achieved through the identification of potential risks and applying plans/monitoring those to avoid risks or minimising them to an acceptably low level. A central aspect of Arup’s readiness method is the definition of a program of operational trials. The operational trials aim to integrate processes and test the facility, its systems and people, all in a simulated environment before it opens. The trials demonstrate if everything can work together to deliver an efficient operation, the intended passenger experience and where improvements are needed before opening.
In relation to the redevelopment of Perth Airport, Arup’s ORAT methodology helped to identify changes to operational resourcing and skills required. It also supported the delivery of FIT so all T1 Domestic staff were confident in their roles and able to successfully operate the new facility, in all its component parts, from day one onwards. Arup also completed a full review of the new facility’s operating model and associated processes. This identified processes which were new or required substantial updating or refinement in order to be applicable to T1 Domestic. As a result, Perth Airport’s T1 Domestic opening was a success, with Arup’s ORAT model responding positively across every work stream.
Arup have been recognised with a Risk Management Award in the Australian Business Awards 2016 for the application of Arup ORAT in consultation with the redevelopment of Perth Airport.
The Australian Business Awards are the regional chapter of an integrated, hierarchical leadership program conducted on a national and international level. Eligible organisations from each region are invited to participate in the international chapter of the program at The World Business Awards. Conducted annually and currently in the second year of its international launch, The World Business Awards seeks to engage with the world’s business, innovation and technology leaders through a global recognition and knowledge building initiative that is underpinned by the program’s established framework. The program engages with organisations worldwide to benchmark the full spectrum of their products, services and initiatives and to review their business performance. The cycle culminates in the recognition and celebration of organisations that implement world-class business initiatives and industry leading products and services on a prominent and far-reaching scale. All entries must be entered in the regional chapter where the organisation is based.
Organisational participation includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.
Initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures and undertakings.
Entries are assessed utilising a robust and dynamic framework to ensure that the assessment process is pertinent and objective. The World Business Awards Framework (WBA Framework) is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards. The Framework consists of specialised assessment modules pertaining to the evaluation criteria for each of the award categories. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.
Organisations that participate are provided with the unique opportunity to benchmark themselves against the top performers globally. The recipients are acknowledged for their achievements and recognised as the elite of their industry earning a place amongst a distinguished group by having their products, projects, initiatives, contributions and achievements recognised on a prominent and far-reaching scale. The program provides the ultimate platform for building knowledge, increasing brand awareness, equity, loyalty and retention through increased exposure, recognition and prestige. This establishes a valuable resource that can be used extensively to create opportunities for publicity, positive organisational profiling and heightened brand awareness within the respective industries both nationally and internationally.