Risk Management Awareness Week from 12 to 16 October 2020 is a perfect place for internal auditors to learn. Risk Awareness Week RAW2020 brings some of the leading risk management… Continue reading 5 reasons why internal auditors need to attend #RAW2020
The G31000 Risk Management maturity model is designed to assist organizations on the road to embed risk management into all activities throughout the organization, including decision-making. It defines levels of maturity against which an organization can measure its current status and identify actions for continual improvement. The overall scoring system is based on a detailed questionnaire linked directly to identified sub-components for all the elements of the risk management framework and is mapped to a 3-level risk maturity scale.
Risk managers should encourage employees to openly raise risk management related issues. This is possible by spending a considerable amount of time every day communicating with their colleagues and staying… Continue reading Practical ideas: Reinforce the “no blame” culture
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… Continue reading Practical ideas: Consider establishing a Risk Management Committee at the management level or extend the mandate of the existing management committee
Most risk managers think they are doing a great job. But how can you actually tell? To add to the challenge, despite the guidance provided in ISO 31000:2009, the concept… Continue reading FREE WEBINAR: Is your risk management truly effective? Auditing risk management in 4 simple steps
Alex Sidorenko from RISK-ACADEMY talks about three things to review when auditing risk management effectiveness in non-financial companies: DOWNLOAD THE FREE RISK MANAGEMENT BOOK: https://www.risk-academy.ru/en/download/risk-management-book/ Watch more free risk… Continue reading 3 things to look for when auditing risk management
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… Continue reading 5 reasons why internal audit may be the best place for the risk manager to sit