5 red flags 🚩when just starting to implement risk management

Ok, the title is obviously irony, because no organisation on the planet is ever “just” starting to implement risk management” or “starting from scratch”. Organisations have been making risk-based decisions… Continue reading 5 red flags 🚩when just starting to implement risk management

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

Practical ideas: Find the right sponsors

A large part of risk management success depends on the support and commitment from executives, Board members and key stakeholders. It is important, as early as possible, to identify specific… Continue reading Practical ideas: Find the right sponsors

5 reasons why internal audit may be the best place for the risk manager to sit

A while back I recorded a short video on the topic of risk management organizational structure in a non-financial company. In the video I discussed various options for risk manager’s… Continue reading 5 reasons why internal audit may be the best place for the risk manager to sit