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

Forget about risk management. Measure the likelihood of success instead. #ChangingRisk

My friend, Norman Marks, has been talking about rebranding risk management for years. Norman calls for risk professionals to focus on enabling success rather than avoiding failure. I think this… Continue reading Forget about risk management. Measure the likelihood of success instead. #ChangingRisk

TRAINING: Risk management for auditors

RISK-ACADEMY has developed a new risk management course designed for internal and external auditors. The course is based on ISO 31000:2009 as well as the latest research published by global risk management experts (Douglas Hubbard, Gerd Gigerenzer, Daniel Kahneman, Norman Marks, Alex Dali) and institutes (G31000, Institute of strategic risk analysis in decision making, British Institute of Risk Management) and RISK-ACADEMY’s own studies.

The course structure and material differ significantly from the traditional approach proposed by the Institute of Internal Auditors.

Is the goal of Risk Governance taking boards in the wrong direction?

Great article by Norman Marks on the topic of risk governance. I’ve been talking about this for years, here is my video on board reporting and hence oversight https://youtu.be/8zrR8U0fpEA

It’s not about risk management

Excellent blog post from Norman Marks

A leading risk practitioner and thought leader shares his thoughts

Great summary from Norman Marks

Recording of our debate on ISO/FDIS 31000 vs COSO ERM 2017

The recording of our debate on ISO/FDIS 31000 vs COSO ERM 2017 with Norman Marks, Tim Leech and Carole Switzer is now available on OCEG website: https://go.oceg.org/iso-31000-2018-versus-coso-2017-for-enterprise-risk-management-the-great-debate-1 Don’t miss it!  Write what were your… Continue reading Recording of our debate on ISO/FDIS 31000 vs COSO ERM 2017

Are risk managers too scared to take risks?

Many risk managers are reluctant to have a conversation with executives about the need to better integrate into decision making and the need to talk and think about risks systematically… Continue reading Are risk managers too scared to take risks?

Risk management and thinking

Norman Marks did a great presentation in Moscow, we are very greatful he shared his ideas with the local risk management community.

Get exclusive access to Norman Marks online broadcast

Join one of the global though-leaders in risk management and internal audit for a 3-hour online broadcast. Norman Marks is coming to Moscow and we will be broadcasting his full master-class… Continue reading Get exclusive access to Norman Marks online broadcast