Few things are certain in life: death, taxes and someone in the risk community asking about inherent and residual risks. In fact the question is so frequent that I even… Continue reading The better alternative to “inherent” and “residual” risk concepts
Tag: effective risk management
Forget about risk management. Measure the likelihood of success instead. #ChangingRisk
My friend, Norman Marks, has been talking about rebranding risk management for years. Norman calls for risk professionals to focus on enabling success rather than avoiding failure. I think this… Continue reading Forget about risk management. Measure the likelihood of success instead. #ChangingRisk
Finally! An alternative to risk matrices
Ok, the title is obviously a joke, because the alternatives (multiple) have been available to anyone willing to learn for over 50 years. But since you clicked, this article will… Continue reading Finally! An alternative to risk matrices
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
