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 did a short video response: To most organisations inherent vs residual comparison is a way to measure potential risk mitigation effectiveness and the reduction in… Continue reading The better alternative to “inherent” and “residual” risk concepts

3 steps to set corporate risk appetite

Ok, the title is obviously irony. If you have seen any of my posts you will know how sceptical I am of this management fad called risk appetite. I am actually old enough to remember when consultants started pushing this concept pretending it was both new and useful. Anyway, since the concept is unlikely to… Continue reading 3 steps to set corporate risk appetite

31. What is the ultimate goal of risk management? – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about the ultimate objective for risk management. Download free risk management book at https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30

28. Including risk management on a Board’s agenda – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about various ways of including risk management information on the Board’s agenda. Download free risk management book at https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30

26. Keeping it simple!

Alex Sidorenko from RISK-ACADEMY talks about keeping it simple and not overcomplicating risk management implementation. Download free risk management book at https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30

14. Are 3 lines of defense useful? – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about whether the concept of 3 lines of defence is useful or not and how to make it work. Find out more in the free risk management book:  https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30 or watch one of our free webinars https://riskacademy.blog/free-webinars/

11. What does the future hold for risk management? – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about the 2 things that will shape the future of non-financial risk management in the world. Download free risk management book at https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30  

7. Are risk reports useful? – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about what risk reports are useful and how to integrate risk reporting into regular management reporting Download free risk management book at https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30  

5. Four things every risk manager must know – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about the need to know: standards, cognitive biases, risk modeling 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 🙂 Download free risk management book at https://www.researchgate.net/publication/323254437_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30