“Uncertainty reduction doesn’t create value…” or does it?

by Dmitry Surovtsev, Schlumberger This post is inspired by an interesting online discussion I had with Trygve Botn in the aftermath of the RAW2020 event [1]. As the original forum… Continue reading “Uncertainty reduction doesn’t create value…” or does it?

Learn how crowd-sourcing risks works at RAW2020

Near or far: we are together in this COVID-19 crisis. We see increasing levels of sharing and caring across the globe. We are all uplifted by a more robust understanding… Continue reading Learn how crowd-sourcing risks works at RAW2020

Loyd Consulting Group shows how crowdsourcing risk means business breakthroughs

Once in a while, new players emerge in the market that are truly onto something. The Loyd Consulting Group (LCG) being one of them. Risk management and crowdsourcing are known… Continue reading Loyd Consulting Group shows how crowdsourcing risk means business breakthroughs

WATCH REPLAY: Create an Excel model and evaluate using Decision Analysis and Monte Carlo practices the case study framed in Session 1

https://2020.riskawarenessweek.com/talks/create-an-excel-model-and-evaluate-using-decision-analysis-and-monte-carlo-practices-the-case-study-framed-in-session-1/ Join Brian Putt and Alex Sidorenko in this second session where we create and Excel model for the case study framed in Session 1 using Decision Quality practices and… Continue reading WATCH REPLAY: Create an Excel model and evaluate using Decision Analysis and Monte Carlo practices the case study framed in Session 1

RAW2020 – Behind the scenes

The challenge Alex Sidorenko has been working in risk management, a relatively small field in quantitative decision making, for 15 years. His speciality lies in the statistics, math and decision-making… Continue reading RAW2020 – Behind the scenes

StrategicRISK virtual panel – starts now

Join us on Wednesday 9:00 for our virtual panel discussion: How to elevate risk management with risk-based decision-making To many risk managers who have spent years identifying, analysing and mitigating… Continue reading StrategicRISK virtual panel – starts now

The most amazing risk management interview… ever…

During my recent trip to Australia, I had an amazing opportunity to sit down with Grant Purdy to talk about where risk management started in Australia, the origins of the… Continue reading The most amazing risk management interview… ever…

The great debate – Alex Sidorenko vs Chris Mandel – is ERM real?

Yesterday was a great day. I had great fun debating ERM with a good friend, Chris Mandel, SVP Strategic Solutions, Sedgwick and Director, Sedgwick Institute. We started talking about ERM and… Continue reading The great debate – Alex Sidorenko vs Chris Mandel – is ERM real?

Practical ideas: CREATE A NETWORK OF “RISK-CHAMPIONS”

An active network of “risk champions” is a very effective management tool used to develop strong risk management culture. This network could become the “glue” between the risk management team… Continue reading Practical ideas: CREATE A NETWORK OF “RISK-CHAMPIONS”

Practical ideas: Include risk management KPIs into individual performance reviews

Once risk management roles and responsibilities have been documented in job descriptions and committee charters then appropriate and measurable KPIs should be developed. Just like anything else, risk management KPIs… Continue reading Practical ideas: Include risk management KPIs into individual performance reviews