Why do accountants and other professionals need better risk management competencies?

My original article posted at http://theaccountant.org.mt/why-do-accountants-and-other-professionals-need-better-risk-management-competencies Risk management competencies can significantly improve decision making in any profession. The bad news is that these competencies do not come to us naturally. They have to be developed. Even if you do not operate in a high risk, uncertain environment one should consider the extensive research, into what is… Continue reading Why do accountants and other professionals need better risk management competencies?

4 amazing trends in risk management

On November 25th, 2016 the Saint Petersburg risk manager’s club held a meeting at the TGC-1 office. Thank you so much to Aleksey Starkov and TGC-1 leadership for organizing and helping to conduct the meeting. A special thank you to Aleksey for the TGC-1 museum tour for the risk manager attendees. Alex Sidorenko spoke about four… Continue reading 4 amazing trends in risk management

Risk managers beware

I recently had a wonderful opportunity to ask a large group of profesionals one simple question – what is risk management? More than 1450 experts from a Russian professional social network (equivalent to Linkedin in Russia) have participated. Most are not risk professionals. The results, I find, are quite amazing:   This is pretty much… Continue reading Risk managers beware

Get exclusive access to Norman Marks online broadcast

Join one of the global though-leaders in risk management and internal audit for a 3-hour online broadcast. Norman Marks is coming to Moscow and we will be broadcasting his full master-class from the Moscow Government live in Full HD: https://www.risk-academy.ru/en/get-exclusive-access-norman-marks-online-broadcast 17 MAY 2017, 9:30 – 12:30 (Central European time) / 10:30 – 13:30 (Moscow time) During the broadcast Norman Marks… Continue reading Get exclusive access to Norman Marks online broadcast

Biggest barrier to effective risk management

Alex Sidorenko from RISK-ACADEMY talks about one of the biggest barriers to effective risk management. And it’s not what you would think. It’s the risk manager himself.   DOWNLOAD THE FREE RISK MANAGEMENT BOOK: https://www.risk-academy.ru/en/download/risk-management-book/ Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk

How to move from risk management to risk-based management

According to the ISO 31000:2009, principles risk management should be an integral part of organisational processes and decision making. Picking up on that important point, risk management should be seen as a management tool designed to improve planning, budgeting, performance management and other core business processes. Risk management also helps management to make more informed… Continue reading How to move from risk management to risk-based management

Implementing risk management training and awareness (part 2)

Risk management may seem simple enough in theory, but not all employees have the necessary skills and competencies to successfully apply it in practice. One of the key components in driving change is employee training and development. …continued from previous post Conduct training for “risk-champions” Provide additional risk management training to the in-house risk management… Continue reading Implementing risk management training and awareness (part 2)

Making money by better managing business risks

Originally published by Alex Sidorenko in Times of Malta: http://www.timesofmalta.com/articles/view/20170130/business-news/Making-money-by-better-managing-business-risks.638039 As we continue to adapt to a highly volatile environment and increasing regulatory pressures, businesses should be more proactive about risk management. There are three reasons why organisations may want to invest in risk management activities: 1. Reduce compliance costs There are certain risks that… Continue reading Making money by better managing business risks

Our free risk management book has been downloaded 2000+ times

With more than 2000 downloads in less than 3 weeks and a lot of possitive feedback, I hope you enjoy the free risk management book: www.risk-academy.ru/en/download/risk-management-book or read it online on our website without the need to login: www.risk-academy.ru/en/introduction Here are some of the key takeaways from the book: Risk management is not just about tools and techniques;… Continue reading Our free risk management book has been downloaded 2000+ times

1000+ downloads in less than a week

Risk management is ultimately about creating a culture that would facilitate risk discussion when performing business activities or making any strategic, investment or project decision.  In this free book, Alex Sidorenko and Elena Demidenko talk about practical steps risk managers can take to integrate risk management into decision making and core business processes. Based on our… Continue reading 1000+ downloads in less than a week