I always hated risk management conferences. And yet, I attended, presented and hosted dozens of risk management conferences all over the world. But something just wasn’t right. And I think I can now pin point what made me very sad at every risk management conference I attended – the quality of learning. Many conferences are “sponsor to talk”, so they are full of empty and feel good sales pitches and wishful thinking, others focus on risk management case studies, but the organisers are usually so disconnected from the risk profession that the quality of case studies is RM1 at best. But my biggest pet peeve is “flavour of the month” type agendas. I will buy you a beer if you can find a conference that doesn’t have cyber, machine learning and AI on its agenda. AI… really… for risk managers that still think multiplying yellow and high is risk management.

So in 2019 I had enough and created RISK AWARENESS WEEK. An online platform dedicated to the fundamental science of risk management. Something that is applicable to risk managers and decision makers alike but more importantly is timeless, regardless of what the next flavour of the month risk will be. I strongly believe that learning how to build an influence diagram or a decision tree and then converting it into a stochastic model, running simulations and back testing model assumptions will prepare you for any emerging risk on the planet. Risks change, the math under the bonnet is almost always the same. Learning the basic principles of probability theory, decision science, behavioral economics and corporate finance, in my mind, is still the most important skillset for a risk manager to have.

I have personally used stochastic decision trees to deal with insurance, environmental risks, procurement and investments decisions.  And the techniques I learned at RAW will help me deal with whatever next sexy risk will be promoted tomorrow.

Watch RAW2019 replays, still as relevant as ever

Learn how to use influence diagrams to build a risk model, how to use SIPs to make your risk models universally used throughout the organisation, why heatmaps don’t work, overcome cognitive biases when talking about risks, implement practical risk culture ideas and many more. All RAW2019 replays are now free.

Watch RAW2020 replays and share with your team

Learn some of most advanced project risk management techniques, use game theory to improve decision making, integrate risk analysis into planning and budgeting. Learn how to calibrate experts if you must use their opinions in risk analysis and why a group of experts is better than one. All RAW2020 replays are free to our YouTube members.

Watch RAW2021 replays and turn it into an online learning for corporate employees

Learn more about project risk management techniques, apply risk analysis to save lots on insurance and lots more. RAW2021 workshops are free to anyone registered and paid for RAW2022.

Watch RAW for Charity to learn and support a great cause

Earlier in 2022 a small group of speakers got together to share some of the latest case studies and techniques in risk management and support the victims of the war in Ukraine.

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The Art of Strategic Decision-Making: How to Make Tough Decisions Quickly, Intelligently, and Safely (Think Smarter, Not Harder)

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RISK-ACADEMY offers online courses

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