Controversial thoughts about modern day risk management in non-financial companies, training and consulting services
According to COSO ERM, “enterprise risk management” refers to the culture, capabilities, and practices, integrated with strategy-setting and performance, that organizations rely on to manage risk in creating, preserving, and realizing value. Sounds not too bad. In this article I will argue that doing this, or rather doing as COSO and most consultants and most […]
RISK-ACADEMY regularly runs free webinars on various risk management and decision quality topics. Browse the list below to see if any of our existing webinars would be interesting to you or your friends. Please feel free to share this page on social media.
Últimas visões de Alex Sidorenko sobre como a “inovação”, falta de competências e os consultores estão matando o gerenciamento de riscos em organizações não-financeiras e o que vem por aí atualizado em 2019 especificamente para Strategicrisk https://www.strategic-risk-europe.com/risk-management-used-to-be-a-science-then-it-became-an-art-whats-next/1429754.article. Primeiro havia ciência… Algumas fontes sugerem que a teoria da probabilidade surgiu nas apostas e nos seguros marítimos. Em ambos […]
Finally, integrating risk into strategic planning – practical advice and how-to on integrating risk management into strategic planning. Join Alex Sidorenko and Graeme Keith to talk about: Isn’t strategy already risk based? How do we approach and influence the strategy department ? What tools and techniques work best to make strategy risk based? FREE REGISTRATION […]
Ok, the title is obviously a joke, because the alternatives (multiple) have been available to anyone willing to learn for over 50 years. But since you clicked, this article will probably change your life for the better. Thank you Damir Ramazanov, Group Project Risk Manager, ERG for helping with the article and providing quality review. […]
RISK-ACADEMY regularly runs free webinars on various risk management and decision quality topics. Browse the list below to see if any of our existing webinars would be interesting to you or your friends. Please feel free to share this page on social media.
Let me start by saying, the 2018 World Cup in Russia was without a doubt the greatest sporting event I have ever experienced. I was very fortunate to experience most of the action first hand and be a part of the amazing Australian Optus Sport TV crew. Here is a little trip down the memory […]
RISK-ACADEMY regularly runs free webinars on various risk management and decision quality topics. Browse the list below to see if any of our existing webinars would be interesting to you or your friends. Please feel free to share this page on social media.
In our first two webinars, our panel discussed the pros and cons of the updated COSO and ISO guidance on effective risk management. They left us with the idea that while both updates are improvements on their prior versions, neither is fully satisfying. In this, the third webinar in the Great Debate series, our panel […]
Once the strategic objectives have been broken down into more tactical, manageable pieces, risk managers need to use the strategy document, financial model, business plan or the budgeting model to determine key assumptions made by the management. Most assumptions are associated with some form of uncertainty and hence require risk analysis. Risk analysis helps to […]