RISK AWARENESS WEEK is the biggest online platform to learn about risk management and decision making. Amazing lineup of international speakers share practical case studies on integrating risk management into… Continue reading RAW2021 agenda is now online, register before the early bird ends
Tag: Academic disciplines
Recommended pre-reading for the RAW conference
RAW2021 is coming soon and I wanted to share something valuable with you. During the conference you will hear many of the speakers talk about Risk Management 2 (RM2), decision… Continue reading Recommended pre-reading for the RAW conference
What is a risk? It’s not what you think it is
If there is one thing I learned as a CRO, it is crucial to understand the nature of each and every risk we have to work with. I will no… Continue reading What is a risk? It’s not what you think it is
Projected Revenue Estimation from Crowdsourced Information on Statistical Errors
By Sam Savage (bio in sidebar) and Shayne Kavanagh (bio) It is difficult for municipal financial officers to accurately estimate their tax revenues, especially during uncertain times such as the… Continue reading Projected Revenue Estimation from Crowdsourced Information on Statistical Errors
CRO DIARIES – Using bow-ties for compliance risks with David Tattam
Join Alex Sidorenko, CRO EuroChem, and David Tattam, Chief of Research, Knowledge and Consulting, Protecht, to talk about using bow-ties diagrams for compliance risks. This will be useful, entertaining and… Continue reading CRO DIARIES – Using bow-ties for compliance risks with David Tattam
Compliance Risk Management – Risk mitigation and reporting
Risk mitigation and trade-off The treatment of compliance risks refers to the corresponding strategies implemented by an organization to deal with its risks. A risk treatment plan should consider a… Continue reading Compliance Risk Management – Risk mitigation and reporting
Compliance Risk Management – Risk analysis (part 4)
Step 4. Allocate weights to each scenario In order to determine the weight allocated to each consequence scenario of events triggered by compliance risk, historical data, modelling, as well as… Continue reading Compliance Risk Management – Risk analysis (part 4)
Compliance Risk Management – Risk analysis (part 3)
Step 3. Determine the range of consequences for each scenario In order to quantitatively assess compliance risks the next step involves defining the possible range of values for each consequence… Continue reading Compliance Risk Management – Risk analysis (part 3)
Compliance Risk Management – Risk analysis (part 2)
Step 2. Identify causes and consequence scenarios Causes and consequences for the bow-tie diagram are normally derived from the regulations as well as through consultation with risk owners and subject… Continue reading Compliance Risk Management – Risk analysis (part 2)
Compliance Risk Management – Risk analysis (part 1)
Wherever possible companies should apply quantitative risk analysis to measure and prioritize compliance risks. Wait what? We can do better than a compliance heatmap? Apparently :)) The following information should… Continue reading Compliance Risk Management – Risk analysis (part 1)