Tag Archives: risk

Make #riskawarenessweek2020 you corporate risk management training. Put it in the budget for next year

Make #riskawarenessweek2020 you corporate risk management training. Put it in the budget for next year

Risk Awareness Week 2020 #RAW2020 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 50 sessions […]

Use #riskawarenessweek2019 as corporate risk management training for your staff

Use #riskawarenessweek2019 as corporate risk management training for your staff

Risk Awareness Week RAW2019 brings some of the leading risk management researchers and practitioners to your computer or mobile phone. It is designed to raise awareness about risk management application in planning, forecasting, budgeting, construction, investments and performance management and will significantly enhance your decision making. More than 60 sessions across 5 days from 14 […]

Skin in the game: can risk managers use their witchcraft to make money – part 2/3

Skin in the game: can risk managers use their witchcraft to make money – part 2/3

I started writing yet another article trying to convince risk managers to grow their quant competencies, to integrate risk analysis into decision-making processes and to use ranges instead of single point planning… but then I thought… why bother… why not show how risk analysis helps make better risk based decisions instead? After all, this is […]

Skin in the game: if risk managers are so smart why are they not millionaires?

Skin in the game: if risk managers are so smart why are they not millionaires?

I started writing yet another article trying to convince risk managers to grow their quant competencies, to integrate risk analysis into decision-making processes and to use ranges instead of single point planning… but then I thought… why bother… why not show how risk analysis helps make better risk based decisions instead? After all, this is […]

Guest blog – Werner Gleissner – Risk management basics

Guest blog – Werner Gleissner – Risk management basics

The article clarifies the most essential methods for risk management. This includes especially the methods for identification, quantification and simulation based risk aggregation (e.g. monte carlo simulation). It is pointed up that an appropriate quantification of all relevant risks and a risk aggregation by the monte carlo simulation are both crucial for an efficient risk […]

#ChangingRisk – Gerenciamento de risco costumava ser uma ciência, depois virou uma arte e agora?

#ChangingRisk – Gerenciamento de risco costumava ser uma ciência, depois virou uma arte e agora?

Últimas visões de Alex Sidorenko sobre como a “inovação”, falta de competências e os consultores estão matando o gerenciamento de riscos em organizações não-financeiras e o que vem por aí atualizado em 2019 especificamente para Strategicrisk https://www.strategic-risk-europe.com/risk-management-used-to-be-a-science-then-it-became-an-art-whats-next/1429754.article. Primeiro havia ciência… Algumas fontes sugerem que a teoria da probabilidade surgiu nas apostas e nos seguros marítimos. Em ambos […]

Forget about risk management. Measure the likelihood of success instead.  #ChangingRisk

Forget about risk management. Measure the likelihood of success instead. #ChangingRisk

My friend, Norman Marks, has been talking about rebranding risk management for years. Norman calls for risk professionals to focus on enabling success rather than avoiding failure. I think this is brillian advice. A way to communicate risk management insights to executives and the Board is to talk about the likelihood of success.  Well, the […]