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)

FREE WEBINAR: 4 practical steps to move from standalone risk management to risk-based decision making

Risk management is changing with more than ever focus on integration and human culture and cognitive aspects. It sounds obvious, but is it really? Here is a quick test: Which… Continue reading FREE WEBINAR: 4 practical steps to move from standalone risk management to risk-based decision making

Join me for risk management training in Malta in September

If there is one thing I learned in my previous role as a Head of Risk of multibillion-dollar PE/VC investment fund, risk management is not about managing risks. It’s about helping… Continue reading Join me for risk management training in Malta in September

Resources on cognitive biases in risk management

What is the best resource for risk management to learn about cognitive biases, risk perception, and the reasons why simple risk assesments and risk workshops have almost zero chances to… Continue reading Resources on cognitive biases in risk management