62. Risk based decision making – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about his views on risk-based decision making, why it’s harder than we think and not natural for people in the workplace. Alex also talks about the role of the risk manager to help embed risk based decision making. Learn more about integrating risk management into decision making, planning and performance… Continue reading 62. Risk based decision making – Alex Sidorenko

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60. Should it be risk culture or integrating risk management principles into the corporate culture?

Alex Sidorenko from RISK-ACADEMY talks about risk culture in this short video. What if instead of calling it risk culture, we should instead think of it as integrating risk management principle into the overall corporate culture of the organisation. Learn more about integrating risk management into decision making, planning and performance management: https://www.udemy.com/course/1687492/ Download the… Continue reading 60. Should it be risk culture or integrating risk management principles into the corporate culture?

59. Commitment from the top – Alex Sidorenko

In this short video Alex Sidorenko from RISK-ACADEMY talks about commitment from the top. What if there is an alternative way to look at senior management support of risk management. It may change how you implement risk management in your organisation. Learn more about integrating risk management into decision making, planning and performance management: https://www.udemy.com/course/1687492/… Continue reading 59. Commitment from the top – Alex Sidorenko

58. Practical advice for risk identification – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY shares some practical advice for risk identification in non-financial companies. Learn more about integrating risk management into decision making, planning and performance management: https://www.udemy.com/course/1687492/ Download the #1 risk management book in the world: https://www.researchgate.net/publication/323254437_FREE_RISK_MANAGEMENT_BOOK_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30 Some of the best risk management training courses focusing on decision making, cognitive biases, ERM, risk modeling:… Continue reading 58. Practical advice for risk identification – Alex Sidorenko

57. How to reduce subjectivity in risk analysis – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about 3 rules for reducing subjectivity in quantitative risk analysis.   Help spread the messages in this guide by sharing it with your colleagues  https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30 More information about RISK-ACADEMY, our training courses and services at www.riskacademy.blog

56. How to make risk management training stick? – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about his experience combining risk management training with risk analysis to make it stick and have a lasting positive effect on risk culture   Help spread the messages in this guide by sharing it with your colleagues  https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30 More information about RISK-ACADEMY, our training courses and services at www.riskacademy.blog

55. 3 things to look for when auditing risk management – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about three things to review when auditing risk management effectiveness in non-financial companies https://riskacademy.blog/product/g31000-risk-management-maturity-model/     Help spread the messages in this guide by sharing it with your colleagues  https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30 More information about RISK-ACADEMY, our training courses and services at www.riskacademy.blog

54. Cognitive biases in risk management – Framing – Alex Sidorenko

The framing effect is an example of cognitive bias, in which people react to a particular choice in different ways depending on how it is presented; e.g. as a loss or as a gain.[1] People tend to avoid risk when a positive frame is presented but seek risks when a negative frame is presented.[2] Gain… Continue reading 54. Cognitive biases in risk management – Framing – Alex Sidorenko

54. Cognitive biases in risk management – Confirmation bias – Alex Sidorenko

Confirmation bias, also called confirmatory bias or myside bias,[Note 1] is the tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses, while giving disproportionately less consideration to alternative possibilities.[1] It is a type of cognitive bias and a systematic error of inductive reasoning. People display… Continue reading 54. Cognitive biases in risk management – Confirmation bias – Alex Sidorenko

53. Cognitive biases in risk management – Semmelweis reflex – Alex Sidorenko

The Semmelweis reflex or “Semmelweis effect” is a metaphor for the reflex-like tendency to reject new evidence or new knowledge because it contradicts established norms, beliefs or paradigms. The term originated from the story of Ignaz Semmelweis, who discovered that childbed fever mortality rates reduced ten-fold when doctors washed their hands with a chlorine solution… Continue reading 53. Cognitive biases in risk management – Semmelweis reflex – Alex Sidorenko