Is risk management a profession or just a management tool?

Alex Sidorenko from RISK-ACADEMY talks discusses whether risk management a profession or just a management tool. Share them in the comments section below. 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

Are risk committees useful?

(extract from the Guide to effective risk management 3.0, read the full book for free: https://www.risk-academy.ru/en/download/risk-management-book) Most of the risk managers we have interviewed agreed that having a management level Risk Management Committee has a significant positive effect on the overall risk management culture. While the composition of the Risk Management Committee can vary from… Continue reading Are risk committees useful?

Are 3 lines of defense useful?

(extract from the Guide to effective risk management 3.0, read the full book for free: https://www.risk-academy.ru/en/download/risk-management-book) The risk governance model depends on the management and shareholders’ expectations as well as on the risk manager’s competencies and on the resources available for risk management implementation. The risk governance model can be built based on the classical… Continue reading Are 3 lines of defense useful?

Risk management roles and responsibilities

Alex Sidorenko from RISK-ACADEMY talks about two ways of documenting risk management roles and responsibilities and the impact it has on risk culture.

 

 

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

Are risk registers useful?

Alex Sidorenko from RISK-ACADEMY talks about why risk registers are not useful for communicating information about risks and what alternatives exist.

 

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

Four things every risk manager must know

Alex Sidorenko from RISK-ACADEMY talks about the need to know: standards, cognitive biases, risk modelling and industry experience to be a successful risk manager.

I was so excited about shooting this short video that didn’t even notice the wind. Sorry about that 🙂

 

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

5 reasons why internal audit may be the best place for the risk manager to sit

A while back I recorded a short video on the topic of risk management organizational structure in a non-financial company. In the video I discussed various options for risk manager’s place in the overall organizational structure. Since there is really no single right answer, the few common options include: reporting directly to the CEO, reporting… Continue reading 5 reasons why internal audit may be the best place for the risk manager to sit