Great debate – ERM good or bad?

Mark your calendars. Another great risk management live debate is coming up. This time I am meeting Chris Mandel to argue whether ERM a value-adding concept or yet another consulting bag of tricks?

Is this a useful concept that adds value to the decision makers and the organization as a whole, or is it just another hypothetical concept that has no practical application. Should companies strive to implement ERM or is it better left alone?


A thought leader and innovator in integrated, holistic or enterprise risk management including corporate risk management and insurance. Designer and implementer of industry lauded ERM program recognized for excellence by S&P, Moody’s, AM Best and by receipt of the Alexander Hamilton Award from Treasury and Risk. S&P rated the USAA ERM program “excellent” and “industry leading” five years straight, from 2006 through their deep dive “level II” review in August 2010. No other risk manager can make this claim.

2004 Risk Manager of the Year.
Former President and Board Director, the Risk and Insurance Management Society
Elected to Risk Who’s Who (RWW) in 2008


Alex Sidorenko is an expert with over 14 years of private equity, sovereign wealth fund risk management experience across Australia, Russia, Poland and Kazakhstan. In 2014 Alex was named the Risk Manager of the Year by the Russian Risk Management Association.

Alex specializes on integrating risk management into strategic and investment planning and decision making at venture capital, private equity, investment authorities and sovereign funds across the world. Alex worked as a Head of Risk Management at RUSNANO, one of the largest private equity funds in Russia, specializing in technology investment. Alex won an award for best ERM implementation at RUSNANO in 2014.

As a VP at Institute for strategic risk analysis in decision making, Alex is responsible for risk management consulting, training and certification across Russia and CIS. Alex is the co-author of the global PwC risk management methodology, the author of the risk management guidelines for SME (Russian standardization organization), risk management textbook (Russian Ministry of Finance), risk management guide (Australian Stock Exchange) and the award-winning training course on risk management (best risk education program 2013, 2014 and 2015).

In 2012 Alex created RISK-ACADEMY a web portal dedicated to risk management training across Russia and CIS. Since then RISK-ACADEMY became a global brand providing risk management services to some of the largest organizations in the world.



RISK-ACADEMY offers online courses


Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!


ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.


Advanced Risk Governance

This course gives guidance, motivation, critical information, and practical case studies to move beyond traditional risk governance, helping ensure risk management is not a stand-alone process but a change driver for business.


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