Are 3 lines of defense useful?

(extract from the Guide to effective risk management 3.0, read the full book for free: https://www.risk-academy.ru/en/download/risk-management-book) The risk governance model depends on the management and shareholders’ expectations as well as on the risk manager’s competencies and on the resources available for risk management implementation. The risk governance model can be built based on the classical… Continue reading Are 3 lines of defense useful?

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Risk appetite training

Practical Risk Appetite Masterclass

Course overview

This masterclass will cover practical ideas to identify, validate, develop and document risk appetites for different strategic, operational and financial business decisions.

Learn how the concept of risk appetite, risk tolerances and risk limits transitioned from financial services to corporate world and lost all its meaning along the way. Alex Sidorenko, author of the Guide to Effective Risk Management, will provide no-nonsense, practical ideas for turning risk appetite from an artificial and theoretical concept to a valuable management tool. A tool that the company management will want to use every day when making decisions. Together we will investigate the nature of business decisions, the ugly side of cognitive biases and conflicts of interest and how the application of risk appetite, risk tolerances and risk limits can help protect the shareholder value.

How often should the risk assessments be performed?

Alex Sidorenko from RISK-ACADEMY talks about the frequency of risk assessments and why annual, quartely or monthly risk assessments don’t really work.   Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk

FREE BOOK: Guide to effective risk management (50000+ downloads)

Risk management is ultimately about creating a culture that would facilitate risk discussion when performing business activities or making any strategic, investment or project decision. In this free book, Alex Sidorenko and Elena Demidenko talk about practical steps risk managers can take to integrate risk management into decision making and core business processes. Based on our research and the… Continue reading FREE BOOK: Guide to effective risk management (50000+ downloads)

How can a risk manager grow his skills?

Alex Sidorenko from RISK-ACADEMY talks about how a modern day risk manager can continue to grow his risk management skills

 

Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk

Risk-academy merged with International Risk Services

We are proud to anounce a merger between RISK-ACADEMY and INTERNATIONAL RISK SERVICES, a risk and safety management consulting company based in Valleta, Malta.

International Risk Services has over 20 years of experience and has completed numerous risk management and health and safety projects during that time. International Risk Services methodology provides its clients with timely and quality risk analysis required to meet regulatory requirements and to support risk-based decision making. International Risk Services provides world-class integrated risk management services in the fields of Health, Safety, Environment, Governance and Quality – risk areas relevant to all business sectors. It has extensive experience delivering risk management and safety projects in line with the requirements of local laws and international standards, including ISO 45001, ISO 14000, ISO 31000 as well as against th

3 things that should be included in risk management training

Alex Sidorenko from RISK-ACADEMY talks about 3 important things that must be included in any risk management training. Correction, it was Kahnemann and Smith who won Noble prize in 2002

 

Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk

FREE WEBINAR: 4 future trends in risk management

Join us to talk about 4 amazing trends in risk management that may change everything you ever knew about risk management. It is a great pleasure for us to introduce Alex Sidorenko, who will share his experience as a past CRO of a large multi-billion dollar investment fund.

REGISTER:
https://isar.clickmeeting.com/webinar/register

Here is a sneak preview of the things we will talk about during the free webinar:

  • The transition from risk management as a stand alone activity to a quantitative tool built into the key decisions and processes of an organization
  • Risk management is against human nature. Building risk culture to counteract
  • The role of a risk manager in a company must change. The concept of three lines of defense is flawed
  • To execute its new role the risk management team must possess four key competencies