10 MORE movies risk managers should watch to understand risk based decision making, based on the social comments

When you think of movies, the genres of action, romance, or perhaps drama might come to mind. But what if I told you that some of the most compelling tales of risk management, decision science, and behavioural economics come packaged in the very films we cherish? This isn’t just about Wall Street dramas or high-stakes… Continue reading 10 MORE movies risk managers should watch to understand risk based decision making, based on the social comments

10 movies risk managers should watch to understand risk based decision making

When you think of movies, the genres of action, romance, or perhaps drama might come to mind. But what if I told you that some of the most compelling tales of risk management, decision science, and behavioural economics come packaged in the very films we cherish? This isn’t just about Wall Street dramas or high-stakes… Continue reading 10 movies risk managers should watch to understand risk based decision making

Best Risk Management Prompts for ChatGPT

📣 Excited to share our new guide, “Best Risk Management Prompts for ChatGPT!” 🔥 This comprehensive resource taps into the power of AI to elevate your organization’s risk management process. From identifying risks to integrating them into decision-making, the guide offers practical prompts to help you use ChatGPT effectively at every step. But we didn’t… Continue reading Best Risk Management Prompts for ChatGPT

RAW@AI – Risk Management Advisor

We are thrilled to announce the launch of RAW (Risk Academy Wisdom), a cutting-edge AI chatbot designed to help you navigate the world of risk management with ease. Created by RISK-ACADEMY, RAW has been meticulously trained on our extensive collection of blogs, guides, and Alex Sidorenko’s influential book on risk management. RAW is not just… Continue reading RAW@AI – Risk Management Advisor

RISK-ACADEMY’s guide to risk analysis in insurance buying

Confused about securing the right insurance coverage for your business? Look no further! Our new guide provides expert insights, practical advice, and real-life examples to help you confidently navigate the insurance landscape. 🌐 Learn how to: ✅ Assess your company’s risk profile ✅ Identify and shortlist insurance brokers ✅ Prepare an insurance submission ✅ Market… Continue reading RISK-ACADEMY’s guide to risk analysis in insurance buying

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 on compliance risk in non-financial companies. Free download

Attention all risk management professionals! We are proud to announce the publication of our comprehensive guide to compliance risk management. This guide covers the latest industry best practices and provides practical advice for managing compliance risks in your organization. Whether you are new to the field or an experienced professional, this guide is designed to… Continue reading RISK-ACADEMY’s guide on compliance risk in non-financial companies. Free download

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

Improving on ERM’s Imperfections by Russ Banham

RIMS: First of all, congratulations on the RIMS award. The judging committee seemed particularly impressed by the emphasis on quantitative risk analysis. Can you elaborate on the value of this approach? Sidorenko: : Thank you. Let me set the context first – the EuroChem Board is comprised of directors with extensive experience in mining, the… Continue reading Improving on ERM’s Imperfections by Russ Banham

Risk management 2 is both a control and decision making tool

In 2018 I attempted to coin the distinction between “Risk Management 1” – cosmetic, governance-driven risk management, and “Risk Management 2” – value-adding risk management that drives better decision-making  https://riskacademy.blog/rm1-vs-rm2-which-side-will-you-choose/  I have been following walking the talk, in both my consulting practice, personal life and in the corporate employment, ever since. In 2021 the company… Continue reading Risk management 2 is both a control and decision making tool