Risk management lessons from the greatest World Cup ever

Let me start by saying, the 2018 World Cup in Russia was without a doubt the greatest sporting event I have ever experienced. I was very fortunate to experience most of the action first hand and be a part of the amazing Australian Optus Sport TV crew. Here is a little trip down the memory… Continue reading Risk management lessons from the greatest World Cup ever

The Great Debate Part III: Can ERM Realize its Potential in the Real World?

In our first two webinars, our panel discussed the pros and cons of the updated COSO and ISO guidance on effective risk management. They left us with the idea that while both updates are improvements on their prior versions, neither is fully satisfying. In this, the third webinar in the Great Debate series, our panel… Continue reading The Great Debate Part III: Can ERM Realize its Potential in the Real World?

What competencies should risk managers outside of banks and insurance companies really have?

Originally written for RM GURU and posted on  http://riskmanagementguru.com/competencies-risk-managers-non-financial-companies-really.html/ Here is also a short video summary of the article: https://www.youtube.com/watch?v=nqmnycKZwgg A while back I saw some discussions about competencies that risk managers should have. Some people talked about empathy and emotional intellect, others about strong communication skills and networking. And I thought to myself, what a… Continue reading What competencies should risk managers outside of banks and insurance companies really have?

UDEMY: Informed risk taking

Good news, first RISK-ACADEMY online course is now on Udemy! This course is not about doing risk assessments, building risk registers, heat maps or risk reports. None of these things have anything to do with proper risk management. This course is about alternative, a different take on risk management. This is what I call risk… Continue reading UDEMY: Informed risk taking

PODCAST: Start by selecting the overall framework and documenting legal requirements 17.05.2018

Podcast: Play in new window | DownloadSubscribe: Android | RSSAs far as international risk management standards go, the best choice for any non-financial organisation is by far the ISO 31000:2018. At the time of writing the standard had been officially translated and adopted in 70+ countries, making it truly global. ISO 31000:2018 is an international… Continue reading PODCAST: Start by selecting the overall framework and documenting legal requirements 17.05.2018

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…

RECORDING: Why risk matrices are immoral… or are they?

Watch the recording of a live debate between J.D. Solomon and Alex Sidorenko on whether risk matrices/heat maps have a place in risk management or should they be avoided like plague. J.D.Solomon argued that risk matrices are the “gold standard” for risk analysis in most industries and all of those people cannot be wrong. Risk… Continue reading RECORDING: Why risk matrices are immoral… or are they?