45 risk management and decision making workshops available on demand

Every year I ask the best quant risk and decision making professionals I can find to share their models, simulations, methodologies and case studies with the public. We call it RISK AWARENESS WEEK and it runs for a week in October. Every year more than 3000 participants from 100+ countries take part and 2020 was… Continue reading 45 risk management and decision making workshops available on demand

Free access to RAW2020 to anyone who lost a job due to COVID-19

The COVID-19 pandemic is taking a heavy toll on people’s health, lives, and societies. Lots of us have felt worried about the coronavirus pandemic, and everyone will feel differently about the changes to lockdown restrictions. If you have lost a job as a result of COVID-19 we would like to offer you free full access… Continue reading Free access to RAW2020 to anyone who lost a job due to COVID-19

Tailor-made risk management framework

Alex Sidorenko will develop a risk management framework document for your organization based on the ISO31000:2018 and COSO:ERM 2017 principles. Risk management framework that clearly states the organization’s objectives and commitment to risk management. The framework will be specifically tailored to your industry and organizational strategic objectives. As part of the framework, Alex will develop risk criteria, risk management process and necessary templates.

Time to complete: 2-3 weeks. This is a risk management 1 product.

Practical ideas: Update existing policies and procedures to include elements of risk management

Most modern-day risk managers are familiar with developing a risk management framework or procedure documents. These documents capture risk management roles and responsibilities, outline risk management processes as well as other aspects of risk management.  Risk management framework documents became so common, that nowadays they don’t require much effort to develop and there are plenty… Continue reading Practical ideas: Update existing policies and procedures to include elements of risk management

Practical ideas: Join forces with the managers responsible for other areas of performance improvement

Risk managers should build relationships and join forces with the other managers responsible for performance improvement initiatives, like lean management, quality, safety, environment, security or others. Risk managers should participate in relevant major performance improvement workshops (for example, kaizen sessions during lean projects) to better understand sources of risks and suggested solutions, or at least… Continue reading Practical ideas: Join forces with the managers responsible for other areas of performance improvement