If there is one thing I learned as a CRO, it is crucial to understand the nature of each and every risk we have to work with. I will no doubt write a separate article about the mistake of aggregating various risks into a risk register or attempting to use the same methodology to quantify… Continue reading What is a risk? It’s not what you think it is
Every organisation is required to comply with laws within the countries it operates in, the legal and regulatory requirements vary between different regions adding to the need to have understanding and confidence in the risk management processes in place. Organisations face considerable uncertainty when making decisions and taking actions that may have significant compliance consequences.… Continue reading Compliance Risk Management – Risk identification
Alex Sidorenko will develop a risk management policy for your organization based on the ISO31000:2018 and COSO:ERM 2017 principles. Risk management policy that clearly states the organization’s objectives and commitment to risk management. The policy will be specifically tailored to your industry and organizational strategic objectives.
Time to complete: 1-2 weeks. This is a risk management 1 product.
It is generally considered a good idea to document an organisation’s attitude and commitment to risk management in a high-level document, such as a Risk Management Policy. The policy may describe the general attitude of the company towards risks, risk management principles, roles and responsibilities, risk management infrastructure as well as resources and processes dedicated… Continue reading Practical ideas: Develop a high-level Risk Management Policy
Great piece on integrating risk into strategy