Wolters Kluwer Enablon
Wolters Kluwer Enablon, a Wolters Kluwer business, connects the dots between EHSQ, Risk and Compliance, ESG and Operations through the implementation of various software solutions, including the Bowtie software Suite.
We believe risks can only be managed when completely understood. This is where the bowtie method comes in, a popular approach in the field of operational risk management. The bowtie method is unique in its ability to visualize complex risks in a way that is understandable, yet also allows for detailed risk-based improvement. Besides being easy to understand, bowties also provide an overview and insight in risk analysis and assessment. As a result, bowtie diagrams reduce complexity to a manageable size without losing context and focus on the critical elements. Additionally, bowtie diagrams can be used to demonstrate that risks are being controlled and provide management with the assurance data. Due to the visual power of the bowtie diagram, many regulators recommend bowtie diagrams to be used in safety-studies or cases.