The most inspirational story about risk management you will ever read ;)

Most of you know me as an obnoxious risk management blogger who is rude to anyone who uses heat-maps and risk registers as well as to people who think that running risk workshops and preparing quarterly risk reports is a good idea.  But there is a lot more to the story. Here is how me… Continue reading The most inspirational story about risk management you will ever read 😉

Best risk management resources. And they are totally free

Psychology of Intelligence Analysis Richards J. Heuer, Jr. This volume pulls together and republishes, with some editing, updating, and additions, articles written during 1978-86 for internal use within the CIA Directorate of Intelligence. Four of the articles also appeared in the Intelligence Community journal Studies in Intelligence during that time frame. The information is relatively timeless and… Continue reading Best risk management resources. And they are totally free

PMI’s Draft Standard for Risk Management in Portfolios, Programs, and Projects is absolute rubbish

For about a second I was excited about the new PMI’s Draft Standard for Risk Management in Portfolios, Programs, and Projects. After all, so much has been published about good risk management in projects http://broadleaf.com.au/resource-material/categories/cost-and-schedule-risk-analysis/ and written by David Hollmann https://www.amazon.com/Project-Risk-Quantification-John-Hollmann/dp/1941075029 I was both amazed at the overall maturity of risk analysis in project management, compared to corporate… Continue reading PMI’s Draft Standard for Risk Management in Portfolios, Programs, and Projects is absolute rubbish

COSO ERM 2017 vs ISO31000:2018

Can one of the documents be more useful than the other? And if yes, useful for whom, risk practitioners, regulators, auditors or consultants? Or have both documents failed to account for the actual growth in the risk management maturity and will be looked at with disappointment by risk professionals? Should you, as a risk practitioner,… Continue reading COSO ERM 2017 vs ISO31000:2018

The most amazing risk management interview… ever…

During my recent trip to Australia, I had an amazing opportunity to sit down with Grant Purdy to talk about where risk management started in Australia, the origins of the AS/NZS4360 and the ISO31000 and why modern day risk management, as perceived by majority risk managers in non-financial companies, is an embarrassment to the profession. Grant… Continue reading The most amazing risk management interview… ever…

COSO ERM:2017 vs ISO31000:2018?

Join Alex Sidorenko from RISK-ACADEMY to talk about pros and cons of COSO ERM 2017 and the upcoming ISO31000:2018. Find out why both standard and framework miss a huge opportunity to better integrate into decision making and move away from flawed qualitative tools and what should you do to help your decision makers take informed… Continue reading COSO ERM:2017 vs ISO31000:2018?

COSO ERM 2017 – full review by Alex Sidorenko (part 2)

It took me many days to finish, but at end I did it. I read the full COSO ERM 2017. Not just skimmed the text, read every page, every word. Here are my thoughts: High level comments Read part 1 here Detailed comments First thing you notice when reading COSO ERM 2017 is that it… Continue reading COSO ERM 2017 – full review by Alex Sidorenko (part 2)

Interview with Hans Læssøe, ex CRO of LEGO

There are not that many corporate risk managers out there, who I really enjoy listeting to, reading them and learning from. People, like Alex Dali, MBA, ARM (we spent countless hours working on an amazing risk maturity model and I learned a great deal), Norman Marks (we spent hours walking around freezing Moscow talking risk… Continue reading Interview with Hans Læssøe, ex CRO of LEGO

La nueva ISO 31000 ¿Estás preparado?

Original available on AGERS website https://agers.es/sexto-numero-la-revista-observatorio-gerencia-riesgos/ Después de  más  de  5  años  de  preparación y miles de comentarios recibidos de representantes de 54 países, así como de múltiples organizaciones relacionadas con este tema, la norma ISO 31000 actualizada está atravesando la etapa final de comentarios, cuya publicación se espera a principios de 2018. En este breve… Continue reading La nueva ISO 31000 ¿Estás preparado?

Dan Brown “Origin” great book for risk managers

I am surprised there is not enough hype about Dan Browns new book “Origin”. It’s well written as thriller (typical) but more amazingly it’s a great read for risk managers and AI specialists and it’s probably the scariest book so far, because there is very high probability the book plot will become true one day.… Continue reading Dan Brown “Origin” great book for risk managers