RISK AWARENESS WEEK is the biggest global online platform to learn risk management and decision making. Amazing lineup of international speakers share practical case studies on integrating risk management into corporate decision making, planning, budgeting, project management and risk-adjusted performance management. Our aim is to bring together best quantitative risk management practices in a easy to understand… Continue reading RISK AWARENESS WEEK 2022
In 2021, risk team implemented a quantitative risk-based approach to insurance renewals which resulted in reducing the cost of insurance by 60% and improving the quality of coverage across all insurance lines. This approach allowed us to save, or rather pay a fair price for insurance across the globe. Key to success was not to… Continue reading Understanding the risk profile is the most important step in insurance decisions, so why isn’t everyone doing it?
In my 16 year career in risk management I hired or helped to hire a lot of risk professionals both in Europe and Middle East. In this article I describe the competencies that I usually look for in a risk professional. The list of competencies I originally wrote about still rings true to me. So… Continue reading Are you looking for a better job in risk management?
Risk Awareness Week 2022 #RAW2022 will bring some of the leading risk management researchers and practitioners to your staff computers or mobile phones. It is designed to raise awareness about risk management application in planning, forecasting, budgeting, construction, investments and performance management and will significantly enhance the quality of decision making. More than 40 sessions… Continue reading Make #RAW2022 you corporate risk management training. Put it in the budget for this year
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 aspect of any project, planning for it properly can make a huge difference in how well your perform it and for the success of the… Continue reading Mark Powell – How to Develop a Risk Management Plan, and Actually Use It #RAW2022
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 is plenty of evidence that organizations don’t take risk well – or at least well enough for long-run interests – we need to adopt practices… Continue reading Companies need intelligent risk-taking to survive according to DCRO Institute
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 success of each decision will be a function of how the ‘decider’ makes their decision? And yet: How many organisations (and individuals) actually focus on… Continue reading Don’t miss new workshop – Testing your decision making #RAW2022
We recently spoke with Alex Sidorenko, who last year FERMA was named the risk manager of the year in Europe and received an honourable mention from RIMS US for the work his team did to save more than $13 million through quantitative risk analysis for insurance. Every year for the last 3 years Alex runs… Continue reading Learn from risk management success stories at #RAW2022
I always hated risk management conferences. And yet, I attended, presented and hosted dozens of risk management conferences all over the world. But something just wasn’t right. And I think I can now pin point what made me very sad at every risk management conference I attended – the quality of learning. Many conferences are… Continue reading More than a risk management conference. RAW2019, RAW2020 and RAW2021 are still worth rewatching #RAW2022
We recently spoke with Alex Sidorenko, who last year was named the risk manager of the year in Europe by FERMA and received an honourable mention from RIMS US for the work his team did to save more than $13 million through quantitative risk analysis for insurance. Every year for the last 3 years Alex… Continue reading Don’t miss new workshop – Future trends in Risk Management 2 #RAW2022