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Tag: iso31000
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, somehow doesn’t seem to make the seismic shifts we anticipated. As I leaf through articles in Forbes, I find more “risk management has failed again”… Continue reading Why are risk managers so bad at root cause analysis?
RISK-ACADEMY’s Guide to Risk Management Implementation
📣 Introducing the RISK-ACADEMY’s Ultimate Guide to Risk Management Implementation! 📚 Our comprehensive guide covers everything from integrating risk management into decision-making processes to building a risk-aware culture within your organization. 🚀 Get ready to transform your risk management strategy with practical tips, real-life case studies, and expert insights. Don’t miss out on this essential… Continue reading RISK-ACADEMY’s Guide to Risk Management Implementation
RISK-ACADEMY’s guide on ISO31000:2018
We are excited to announce the release of our new RISK-ACADEMY guide on ISO31000:2018, a globally recognized standard for risk management. Our guide is designed to help organizations implement the principles of ISO31000:2018 and mature their risk management practices. Our comprehensive guide provides an in-depth understanding of the ISO31000:2018 standard, including its key principles and… Continue reading RISK-ACADEMY’s guide on ISO31000:2018
RISK-ACADEMY’s guide to risk culture
Enjoy the RISK-ACADEMY Guide on Risk Culture – an essential resource for professionals seeking to understand and improve the risk culture within their organization. In today’s rapidly evolving business landscape, the ability to make risk based decisions is paramount to an organization’s success. At the heart of this capability lies the organization’s risk culture –… Continue reading RISK-ACADEMY’s guide to risk culture
3 fatal mistakes most risk consultants make
Risk management in modern non-financial companies is very different compared to say 5 years ago. The level of risk management maturity, for lack of a better word, has grown significantly. As more and more companies across the globe are looking to implement robust risk management, the demand for risk management consultants is also growing. Unfortunately,… Continue reading 3 fatal mistakes most risk consultants make
COSO ERM:2017 vs ISO31000:2018?
Join Alex Sidorenko from RISK-ACADEMY to talk about pros and cons of COSO ERM 2017 and the upcoming ISO31000:2018. Find out why both standard and framework miss a huge opportunity to better integrate into decision making and move away from flawed qualitative tools and what should you do to help your decision makers take informed… Continue reading COSO ERM:2017 vs ISO31000:2018?
3 fatal mistakes corporate risk managers still make (part 1)
A while back I wrote an article about 3 fatal mistakes risk consultants make https://riskacademy.blog/2017/01/14/3-fatal-mistakes-most-risk-consultants-make. It made quite an impact and was republished in Australia, Canada, Singapore and Europe with dozens of thousands of views. I feel it’s only fair to write a follow up article about the 3 more mistakes that risk managers themselves make.… Continue reading 3 fatal mistakes corporate risk managers still make (part 1)
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
Why risk management in SME is better than in large corporations
Couple of weeks ago I was very fortunate to host one of the roundtables during the FERMA risk seminar in Malta. I am very thankful for the opportunity because the experience of brainstorming for 45 mins with the representatives from various small and medium enterprises (SMEs) really highlighted some major problems with modern day risk… Continue reading Why risk management in SME is better than in large corporations
