Alex Sidorenko – Why businesses and decision-makers must embrace Risk Management 2

One major flaw in the risk management industry is that the commonly adhered to standards and practices are built on theories that have no basis in scientific fact. Indeed, risk managers have become bogged down in appetite statements and risk registers which have little or no bearing on improving actual decision-making. But how have things… Continue reading Alex Sidorenko – Why businesses and decision-makers must embrace Risk Management 2

Twenty insights that will transform the way you think about risk management (part 2)

At Risk Awareness Week 2020, Julian Talbot, risk author and consultant, shared his top insights from over twenty years in risk management. Anxiety is your friend Talbot says: “A little anxiety is a good thing, it wouldn’t exist if there wasn’t some evolutionary edge from it.” Lesson for risk managers: “You can’t wish away anxiety… Continue reading Twenty insights that will transform the way you think about risk management (part 2)

Why risk community rejects science, logic and common sense

First, I wanted to share an extract from the book I am reading at the moment Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life The chapter is called “I Know It Works in Practice, but Does It Work in Theory? On John Harrison, Semmelweis and the Electronic Cigarette”… Continue reading Why risk community rejects science, logic and common sense

92. Why risk managers need to understand cognitive biases

Alex Sidorenko from RISK-ACADEMY talks about cognitive biases and why it is important for corporate risk managers to understand them and know how to work around them or limit their influence on decision makers. What do you think? – – – – – – – – – – – – – – – – At… Continue reading 92. Why risk managers need to understand cognitive biases