Risk managers developed a troubling tendency to create parallel systems for everything. One prime example is the separation between Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs). Everyone is using KRIs without even realising how RM1 they are. This artificial division doesn’t reflect business reality and creates unnecessary complexity while reducing effectiveness. The problem… Continue reading Beyond KRIs: Making Performance Metrics Risk-Aware
Tag: risk management integration
RISK-ACADEMY’s Guide to Risk Management Implementation
📣 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
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
RISK-ACADEMY’s guide to risk culture
Enjoy the RISK-ACADEMY Guide on Risk Culture – an essential resource for professionals seeking to understand and improve the risk culture within their organization. In today’s rapidly evolving business landscape, the ability to make risk based decisions is paramount to an organization’s success. At the heart of this capability lies the organization’s risk culture –… Continue reading RISK-ACADEMY’s guide to risk culture
Can risk management even be effective?
Lately, everyone, from the government agencies to regulators to corporate board members, seem to be talking about the need for better, more effective risk management. The challenging part is that, despite the guidance provided in ISO 31000:2009, the concept of risk management effectiveness still remains vague. This article attempts to summarize the basic components of… Continue reading Can risk management even be effective?
