In our first two webinars, our panel discussed the pros and cons of the updated COSO and ISO guidance on effective risk management. They left us with the idea that… Continue reading The Great Debate Part III: Can ERM Realize its Potential in the Real World?
Author: Alex Sidorenko
PODCAST: Assess the effect of uncertainty on strategic objectives (part 2)
Once the strategic objectives have been broken down into more tactical, manageable pieces, risk managers need to use the strategy document, financial model, business plan or the budgeting model to… Continue reading PODCAST: Assess the effect of uncertainty on strategic objectives (part 2)
PODCAST: Assess the effect of uncertainty on strategic objectives (part 1)
Once the overall framework/standard is agreed upon and signed off by the key stakeholders (very important to get executives to physically sign off and take some responsibility for the agreement… Continue reading PODCAST: Assess the effect of uncertainty on strategic objectives (part 1)
What competencies should risk managers outside of banks and insurance companies really have?
Originally written for RM GURU and posted on http://riskmanagementguru.com/competencies-risk-managers-non-financial-companies-really.html/ Here is also a short video summary of the article: https://www.youtube.com/watch?v=nqmnycKZwgg A while back I saw some discussions about competencies that risk… Continue reading What competencies should risk managers outside of banks and insurance companies really have?
UDEMY: Informed risk taking
Good news, first RISK-ACADEMY online course is now on Udemy! This course is not about doing risk assessments, building risk registers, heat maps or risk reports. None of these things… Continue reading UDEMY: Informed risk taking
COSO ERM 2017 vs ISO31000:2018
Can one of the documents be more useful than the other? And if yes, useful for whom, risk practitioners, regulators, auditors or consultants? Or have both documents failed to account… Continue reading COSO ERM 2017 vs ISO31000:2018
Practical ideas: CONTINUOUSLY IMPROVE YOUR OWN RISK MANAGEMENT SKILLS
Risk management has evolved significantly over the last 10 years and we probably haven’t seen the last of the changes just yet. Norman Marks recently called for a leap change… Continue reading Practical ideas: CONTINUOUSLY IMPROVE YOUR OWN RISK MANAGEMENT SKILLS
Practical ideas: BUILD YOUR OWN NETWORK OF RISK ADVISORS
We always encourage risk managers not to reinvent the wheel. Learn from others. Build connections with risk managers from similar companies. A good place to meet similar minded risk managers… Continue reading Practical ideas: BUILD YOUR OWN NETWORK OF RISK ADVISORS
PODCAST: Start by selecting the overall framework and documenting legal requirements 17.05.2018
As far as international risk management standards go, the best choice for any non-financial organisation is by far the ISO 31000:2018. At the time of writing the standard had been… Continue reading PODCAST: Start by selecting the overall framework and documenting legal requirements 17.05.2018