RISK MATURITY: How to establish communication and consultation? (part 1)

Risk management should be inclusive. Appropriate and timely consultation and involvement of stakeholders enables their knowledge, views and perceptions to be taken into account which results in improved awareness and informed risk management and decision making. Recording and reporting provide a means of communication that facilitates the integration of risk management across organizational boundaries and… Continue reading RISK MATURITY: How to establish communication and consultation? (part 1)

2000 YouTube subscribers! Thank you!

Thank you, everyone, for watching! RISK-ACADEMY channel is a top spot for short risk management videos, presentations from various risk management conferences, interviews with world-class risk managers and online risk-based decision-making training. 409 videos, 102K views, 1K likes!  Most popular videos:   My favorite playlists: ANTI-ERM https://www.youtube.com/watch?v=tBu6KnjLtUA&list=PLOX-oMfuEe7zRJ4HfMT-bMhM5lfiOfLeA SAVE TIME https://www.youtube.com/watch?v=kIuZoUHntqo&list=PLOX-oMfuEe7xGxdq7xeOGZnco9opcKUN3 RM1 vs RM2 https://www.youtube.com/watch?v=kp7aEtSI1QY&list=PLOX-oMfuEe7wxyTAVZxDPmOx4MWcC9pmI More to come!  

RISK MATURITY: Are necessary resources allocated to managing risk?

While the management needs to ensure that the necessary resources are allocated to the integration of risk management into decision making and core processes, considerations of the internal and external context should apply, and in particular: People responsible for managing risk should: Have sufficient industry, business, and technical knowledge and experience Have strong facilitation, risk… Continue reading RISK MATURITY: Are necessary resources allocated to managing risk?

RISK MATURITY: Choosing the most appropriate risk assessment technique

The ultimate goal of risk management 2 is to integrate risk analysis into decision-making processes and the overall management of the organization. Mature organizations ensure that appropriate risk assessment and decision-making techniques/tools are used, for example: The effect of uncertainty on cash flows, budgets, business plans and production forecasts may be analyzed by running Monte-Carlo… Continue reading RISK MATURITY: Choosing the most appropriate risk assessment technique

Alex Sidorenko at G31000 Dubai 2017 – full presentation on risk maturity

BUY MODEL: https://riskacademy.blog/product/g31000-risk-management-maturity-model/ The Global Institute for Risk Management Standards (G31000) has developed a Risk Management Maturity Model (RMM) for organizations that seek to improve the quality of decision making across all levels of the organization. RMM has been designed to closely align with the principles of ISO31000:2018 risk management standard. It provides guidelines, benchmarking… Continue reading Alex Sidorenko at G31000 Dubai 2017 – full presentation on risk maturity