Picture a medieval doctor, his face masked behind a beak-like plague mask filled with aromatic herbs. He prepares a treatment for a sickly patient, a blend of wine mixed with… Continue reading Risk Alchemy: From Medieval Madness to Modern Missteps
Tag: Risk Management Techniques
The lamest excuse for not quantifying risk and you are probably guilty of it too…
Every time risk professionals would have a conversation about risk analysis and specifically risk quantification, someone, inevitably, would come in on a high horse and use this excuse to supposedly… Continue reading The lamest excuse for not quantifying risk and you are probably guilty of it too…
4 types of risk analysis, 1 bad and 3 good examples
Say what you will about risk management in financial services, one thing is for sure, it is much more mature than risk management outside of financial services, at least when… Continue reading 4 types of risk analysis, 1 bad and 3 good examples
5-week risk quantification bootcamp by Alex Sidorenko and #Archer
Archer got together with Alex Sidorenko, FERMA Risk Manager of the Year 2021, RIMS International Honoree 2021, to create this practical bootcamp designed to help companies implement quantitative risk management… Continue reading 5-week risk quantification bootcamp by Alex Sidorenko and #Archer
3 steps to make your business more resilient
Don’t ignore expected losses In risk management there is a concept that will be useful for any business out there, it is called – EXPECTED LOSSES. This means that certain… Continue reading 3 steps to make your business more resilient
Use #RAW2022 as your corporate risk management training library
Risk Awareness Week 2022 #RAW2022 brings some of the leading risk management researchers and practitioners to your staff computers or mobile phones. It is designed to raise awareness about risk… Continue reading Use #RAW2022 as your corporate risk management training library
You can quantify any risk on the planet, just follow these steps
While I written this post about compliance risks in the past, I later applied exactly the same math and logic to any non financial risk, including intellectual property, legal, environmental,… Continue reading You can quantify any risk on the planet, just follow these steps
WATCH REPLAY: Mark Powell – How to Develop a Risk Management Plan, and Actually Use It #RAW2022
Planning how you are going to conduct any activity on a project always helps, and this applies doubly in Risk Management. Because Risk Management is so inherently involved with every… Continue reading WATCH REPLAY: Mark Powell – How to Develop a Risk Management Plan, and Actually Use It #RAW2022
Companies need intelligent risk-taking to survive according to DCRO Institute
Avoiding risk altogether is the single surest way to fail over time, as innovation, competition, and customer lethargy will slowly eat away at the advantages you currently enjoy. Because there… Continue reading Companies need intelligent risk-taking to survive according to DCRO Institute
WATCH REPLAY: Testing your decision making #RAW2022
Has it ever occurred to you that the ONLY way any organisation (or individual) can pursue their purpose in life is by making (and then implementing) decisions? Or that the… Continue reading WATCH REPLAY: Testing your decision making #RAW2022