Why are risk managers so bad at root cause analysis?

It’s puzzling, isn’t it? Risk management, a field that has been formalized and standardized in non-financial companies since the 1990s and accepted widely by 2009 with the publication of ISO31000,… Continue reading Why are risk managers so bad at root cause analysis?

ChatGPT 3.5 vs ChatGPT 4 vs RAW chatbot – part 2

As you probably have seen I have created and trained an AI chatbot called RAW (RISK-ACADEMY wisdom). It has been trained on my blogs, guides and books, so is limited… Continue reading ChatGPT 3.5 vs ChatGPT 4 vs RAW chatbot – part 2

ChatGPT 3.5 vs ChatGPT 4 vs RAW chatbot – part 1

As you probably have seen I have created and trained an AI chatbot called RAW (RISK-ACADEMY wisdom). It has been trained on my blogs, guides and books, so is limited… Continue reading ChatGPT 3.5 vs ChatGPT 4 vs RAW chatbot – part 1

Revolutionizing risk management with #RAW: the AI-powered chatbot

The risk management landscape is constantly evolving, and staying ahead of the curve requires access to the latest knowledge and expert advice. Enter RAW – the Risk Academy Wisdom chatbot… Continue reading Revolutionizing risk management with #RAW: the AI-powered chatbot

RAW@blog: RISK-ACADEMY AI chatbot trained on articles

We are thrilled to announce the launch of RAW (Risk Academy Wisdom), a cutting-edge AI chatbot designed to help you navigate the world of risk management with ease. Created by… Continue reading RAW@blog: RISK-ACADEMY AI chatbot trained on articles

What is a risk? It’s not what you think it is

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… Continue reading What is a risk? It’s not what you think it is

Compliance Risk Management – Risk identification

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… Continue reading Compliance Risk Management – Risk identification

The better alternative to “inherent” and “residual” risk concepts

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

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

Practical ideas: Develop a high-level Risk Management Policy

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… Continue reading Practical ideas: Develop a high-level Risk Management Policy