In 1492, Christopher Columbus set sail on a voyage that would change the world. He had a daring plan, multiple ships, and a crew ready to face the unknown. This… Continue reading Why you’re not taking enough risks?
Tag: cognitive biases
Why risk managers are ignoring risks in daily decisions?
On April 26, 1986, the world witnessed one of the most catastrophic nuclear disasters in history – the Chernobyl nuclear accident. A series of poor decisions, underestimation of risks, and… Continue reading Why risk managers are ignoring risks in daily decisions?
Risk and Reward: a new approach to everyday decision-making
Every day, we are faced with a multitude of decisions. Some are minor, like what to have for breakfast, while others can have significant impacts on our lives. These decisions… Continue reading Risk and Reward: a new approach to everyday decision-making
If cognitive biases in decision making are a given, how do risk managers overcome them?
If we accept there is a cognitive bias in decision making, how can we as risk professionals account for this and help our senior executive make better bias-free decisions? Risk Academy’s Alex… Continue reading If cognitive biases in decision making are a given, how do risk managers overcome them?
Risk Management Could Be a Powerful Tool, But it Just isn’t (part 4)
In the final of a four-part series, Alex Sidorenko, founder and CEO of Risk-Academy, explains how to integrate risk management into core processes. If there is one thing I learned… Continue reading Risk Management Could Be a Powerful Tool, But it Just isn’t (part 4)
Risk Management Could Be a Powerful Tool, But it Just isn’t (part 3)
In the third of a four-part series, Alex Sidorenko, founder and CEO of Risk-Academy, explains how risk management is disconnected from decision making. If there is one thing I learned… Continue reading Risk Management Could Be a Powerful Tool, But it Just isn’t (part 3)
Risk Management Could Be a Powerful Tool, But it Just isn’t (part 2)
In the second of a four-part series, Alex Sidorenko, founder and CEO of Risk-Academy, explains how the key to managing corporate risks is often through dealing with the individual risks… Continue reading Risk Management Could Be a Powerful Tool, But it Just isn’t (part 2)
Risk Management Could Be a Powerful Tool, But it Just isn’t
Alex Sidorenko shares four valuable lessons about integrating risk management principles and methodologies into the day-to-day decision making. He shares some practical suggestions on how to overcome cognitive biases when… Continue reading Risk Management Could Be a Powerful Tool, But it Just isn’t
Are risk managers too scared to take risks?
Many risk managers are reluctant to have a conversation with executives about the need to better integrate into decision making and the need to talk and think about risks systematically… Continue reading Are risk managers too scared to take risks?
3 fatal mistakes corporate risk managers make (part 2)
A while back I wrote an article about 3 fatal mistakes risk consultants make https://riskacademy.blog/2017/01/14/3-fatal-mistakes-most-risk-consultants-make. It made quite an impact and was republished in Australia, Canada, Singapore and Europe with… Continue reading 3 fatal mistakes corporate risk managers make (part 2)
