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
Tag: Risk Management Training Skills
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
Meet the people behind the risk management revolution in Russia and CIS
Integrating risk management into decision making and culture in everything we do: national and international certifications corporate training for some of the largest non-fs corporations MBA and post grad programs with biggest universities risk management textbooks, guidelines, articles, videos risk management maturity assessments with Deloitte risk management business games with Palisade largest non-fs risk management… Continue reading Meet the people behind the risk management revolution in Russia and CIS
I couldn’t resist drawing this picture in the morning
I couldn’t resist drawing this picture in the morning. This is all you need to know about current risk management best practices, COSO ERM 2017 and ISO31000 2018. Yes, the new standards/frameworks and best practices are BETTER than just doing a list of risks. And if it was 2005 I would be super excited. But… Continue reading I couldn’t resist drawing this picture in the morning
Warning when using Palisade PrecisionTree with @Risk
Warning! If you are using Palisade PrecisionTree together with @Risk using default settings the results are most likely inaccurate and missleading. Konstantin Dozhdikov discovered that if you leave the default settings in PrecisionTree, then use it in conjunction with @Risk, the results will be incorrect and unrealistic. I have tested this using different version of Palisade… Continue reading Warning when using Palisade PrecisionTree with @Risk
