Controversial thoughts about modern day risk management in non-financial companies, training and consulting services
Risk management is much more than just having a risk appetite statement, publishing a risk policy on the website and doing risk assessments once a quarter. Risk management is about changing how important business decisions are made, how goals are set and how performance against these goals is measures. Good risk managers have a huge […]
Risk Awareness Week 2020 #RAW2020 will bring some of the leading risk management researchers and practitioners to your staff computers or mobile phones. It is designed to raise awareness about risk management application in planning, forecasting, budgeting, construction, investments and performance management and will significantly enhance the quality of decision making. More than 50 sessions […]
According to COSO ERM, “enterprise risk management” refers to the culture, capabilities, and practices, integrated with strategy-setting and performance, that organizations rely on to manage risk in creating, preserving, and realizing value. Sounds not too bad. In this article I will argue that doing this, or rather doing as COSO and most consultants and most […]
RISK AWARENESS WEEK is an annual event that aims to promote risk management practices, risk psychology, decision science and quantitative risk analysis to decision makers globally. It is 100% online event and will bring leading risk management researchers and practitioners to thousands of computers or mobile phones globally. RISK AWARENESS WEEK 2019 had over 2800 […]
FREE TICKETS AVAILABLE AT https://2020.riskawarenessweek.com/ Learn from some of the best risk management and decision making experts in the world. Each speaker has been carefully selected to share case studies, master classes and workshops with our participants. Each presentation is specifically tailored to appeal to both risk managers and decision makers alike and contains model, […]
Can 17 risk managers double their money in just 2 days with no luck and using only quantitative risk analysis? Find out in this short case study. The problem To test how well quantitative risk analysis performs I wanted a real life situations, where odds were known and the stakes were high. National lottery looked […]
Deadline for submission – 31 December 2019 We invite industry leaders and practising risk managers and decision support scientists to present at the RISK AWARENESS WEEK 2020 scheduled from 12-16 October 2020. RISK AWARENESS WEEK is an annual event that aims to promote risk management practices, risk psychology, decision science and quantitative risk analysis to […]
FREE REPLAYS AVAILABLE AT https://2019.riskawarenessweek.com Learn from some of the best risk management and decision making experts in the world. Each speaker has been carefully selected to share case studies, master classes and workshops with our participants. Each presentation is specifically tailored to appeal to both risk managers and decision makers alike and contains model, […]
Anyone working in risk management and insurance absolutely must watch these 2 workshops if they want to start making the transition from risk management 1 (corporate governance) to risk management 2 (decision making tool). 1. Accounting for Uncertainty in Business Decisions Risk is often defined as a measure of future uncertainties in achieving program performance […]
Anyone working in risk management and insurance absolutely must watch these 2 workshops: 1. Why risk management is broken? Despite ‘risk management’ being a much-heard expression these days: There is no agreement to the problem it is (ostensibly} solving Even among those who advocate its adoption and practice (often to earn their living} it has […]