This document is the best thing COSO has published in years. I mean… ever… The decision-led framing is genuine, not cosmetic. The practical guidance is actionable. The critique of documentation-heavy ERM is honest. It’s still a COSO document, which means it carries legacy baggage: risk appetite as a meaningful construct, the five-component framework as the… Continue reading Alex Sidorenko review of the new COSO ERM Guidance 2026
Tag: RM2
How Risk Management Creates Immediate Economic Value
When uncertainty becomes a competitive advantage rather than a compliance exercise Risk management delivers hard cash savings when it quantifies uncertainty in operational and financial decisions. Organizations that integrate probabilistic thinking into credit management, operations, capital allocation, and insurance purchasing consistently reduce losses, free up trapped capital, and outperform competitors still relying on ERM nonsense.… Continue reading How Risk Management Creates Immediate Economic Value
7 reasons you haven’t implemented quantitative risk management yet
In the wake of so many meltdowns, such as the 2023 collapse of Silicon Valley Bank and the 2022 implosion of FTX cryptocurrency exchange, as well as events like the 2021 Archegos Capital Management collapse, the 2021 Suez Canal obstruction, and the far-reaching impacts of the 2020 COVID-19 pandemic, investigations have consistently revealed significant shortcomings… Continue reading 7 reasons you haven’t implemented quantitative risk management yet
RISK-ACADEMY’s Guide to Risk Management Implementation
📣 Introducing the RISK-ACADEMY’s Ultimate Guide to Risk Management Implementation! 📚 Our comprehensive guide covers everything from integrating risk management into decision-making processes to building a risk-aware culture within your organization. 🚀 Get ready to transform your risk management strategy with practical tips, real-life case studies, and expert insights. Don’t miss out on this essential… Continue reading RISK-ACADEMY’s Guide to Risk Management Implementation
Gestión de Riesgos: RM1 versus RM2
La gestión de riesgos está en el borde de algo muy interesante y emocionante en este momento. Por un largo tiempo, se creyó que haciendo una buena gestión de riesgos todos los actores clave de una compañía estarían satisfechos, pero la realidad es que los distintos tipos de actores quieren cosas completamente diferentes: La RM1… Continue reading Gestión de Riesgos: RM1 versus RM2
