📣 Introducing the RISK-ACADEMY’s Ultimate Guide to Risk Management Implementation! 📚 Our comprehensive guide covers everything from integrating risk management into decision-making processes to building a risk-aware culture within your organization. 🚀 Get ready to transform your risk management strategy with practical tips, real-life case studies, and expert insights. Don’t miss out on this essential… Continue reading RISK-ACADEMY’s Guide to Risk Management Implementation
Tag: risk management implementation
Step by step risk management implementation guide for professionals who want to move beyond RM1
Step by step video guide to implementing risk management 1 and 2. Let me know in the comments if this helped you and what would you add to the list. Despite the fact that risk management is a decision making tool, you should probably get Risk Management I sorted first, to keep the auditors, rating agencies and… Continue reading Step by step risk management implementation guide for professionals who want to move beyond RM1
5 concerns for risk managers in 2025 and beyond
It is that time of the year again, we will soon start seeing top 5, 10 and 100 risk lists from every broker and consultant on the planet. Let me guess, it will say something like geopolitics, interest rates, COVID, cyber and logistics? Boooooring. I wanted to take us in a different direction. Here are… Continue reading 5 concerns for risk managers in 2025 and beyond
5 red flags 🚩when just starting to implement risk management
Ok, the title is obviously irony, because no organisation on the planet is ever “just” starting to implement risk management” or “starting from scratch”. Organisations have been making risk-based decisions since the inception. Often poorly, but that’s another point altogether. And yet, far too many job advertisements I see are looking risk specialists to build… Continue reading 5 red flags 🚩when just starting to implement risk management
I wonder if anyone realises that implementing ERM is actually bad risk management
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… Continue reading I wonder if anyone realises that implementing ERM is actually bad risk management
30 practical steps to implement risk management 2. Follow these steps to integrate risk management into decision making, processes and culture
Over the last 15 years I have implemented risk management in hundreds of organisations across Europe, Australia and Middle East. Here is a step by step guide how I actually did it. May not work every time and some decision makers will ignore risks no matter what we do, but it did win the Best… Continue reading 30 practical steps to implement risk management 2. Follow these steps to integrate risk management into decision making, processes and culture
Should it be objective-centric ERM or decision focused risk management or risk-based decision making or just decision making?
Couple of months ago I promised Hans Læssøe to respond to his article about the link between risk management and decision making. I finally managed to summarise my thoughts in this short video: https://www.youtube.com/watch?v=AHUW1Tecfac, but basically I believe risk management was hijacked by auditors and consultants approximately 30 years ago and turned into a joke and… Continue reading Should it be objective-centric ERM or decision focused risk management or risk-based decision making or just decision making?
5-WEEK CHALLENGE: integrating risk management into decision making
Let’s get started and make this learning experience fun. I call it the 5-week challenge. It started as a 5-day challenge, but obviously, it was impossible to implement in 5 days or even 10 days, so I renamed it 5-week challenge. Below is a series of challenges that take approximately 1 week each to help… Continue reading 5-WEEK CHALLENGE: integrating risk management into decision making
