What if everything your organization calls “risk management” is actually making you poorer and more vulnerable? While companies worldwide pour billions into risk registers, ERM frameworks, and risk committees, they’re missing the most profound opportunity in modern business: transforming risk management from a cost center into a profit engine that could slash expenses and generate… Continue reading Risk management is broken: why savvy professionals move beyond ERM
Tag: risk management best practices
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 Auditing Risk Management Guide
Welcome to the RISK-ACADEMY‘s Auditing Risk Management Guide, a comprehensive resource designed to help organizations assess and improve the effectiveness of their risk management practices. In today’s complex and uncertain business environment, effective risk management is more important than ever. As such, this guide aims to provide practical insights and recommendations for evaluating and enhancing your… Continue reading RISK-ACADEMY’s Auditing Risk Management Guide
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
Finally! An alternative to risk matrices
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. … Continue reading Finally! An alternative to risk matrices
