The Airbus Group is a multi-national and multicultural company
which relies on a unique community of passionate people
united under a common entity, driven by innovation and pride
in its world-class products.
The challenge before Active Risk Manager
The Airbus Group was formed from a number of existing European
companies all with a different approach to risk management.
This resulted in numerous risk silos each with its own ecosystem,
language and practices.
This fragmented view of risk led to duplication of work especially
when a group-wide view of risk was required.
Therefore in 2008, Airbus Group management introduced a mission
for true enterprise risk management (ERM) to address:
• The need for higher risk consciousness, meaning that risk and
opportunity management should be a part of the corporate culture
and understood as everyone’s task
• The need for a common language for risk to save time
and confusion
• The ability to overcome isolated risk pictures - to get a full view
of risks in multiple programmes, functions and processes to
provide an aggregated group view of risk
• The need to have common objectives and understand the impact
of potential risks on those objectives