The better alternative to “inherent” and “residual” risk concepts

Few things are certain in life: death, taxes and someone in the risk community asking about inherent and residual risks. In fact the question is so frequent that I even did a short video response: To most organisations inherent vs residual comparison is a way to measure potential risk mitigation effectiveness and the reduction in… Continue reading The better alternative to “inherent” and “residual” risk concepts

5 red flags 🚩when just starting to implement risk management

Ok, the title is obviously irony, because no organisation on the planet is ever “just” starting to implement risk management” or “starting from scratch”. Organisations have been making risk-based decisions since the inception. Often poorly, but that’s another point altogether. And yet, far too many job advertisements I see are looking risk specialists to build… Continue reading 5 red flags 🚩when just starting to implement risk management

3 steps to set corporate risk appetite

Ok, the title is obviously irony. If you have seen any of my posts you will know how sceptical I am of this management fad called risk appetite. I am actually old enough to remember when consultants started pushing this concept pretending it was both new and useful. Anyway, since the concept is unlikely to… Continue reading 3 steps to set corporate risk appetite

Informed Risk Taking : Risk Management Process – Analysis

For the Setup of Group License only and nothing more. This is not displayed to website traffic. It is for admin/instructor for this course only.

However, it is the foundation for the setup of the License Course that Corporate Members will buy. So, if the license course must be live and sellable, this has to be live in the background and not deleted.

95. What is the next innovation in risk management will be?

Alex Sidorenko from RISK-ACADEMY talks about possible innovations in risk management. What will the next one going to be? Given that we still don’t properly use the tools created in 1960 and 1970s. What do you think? – – – – – – – – – – – – – – – – At RISK-ACADEMY… Continue reading 95. What is the next innovation in risk management will be?

87. Devils advocate – Appetite for change (part d) – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about the 5 components of a devils advocate role for the modern day risk managers. What do you think? – – – – – – – – – – – – – – – – At RISK-ACADEMY we have compiled free videos of lectures, seminars and interviews with Russian risk… Continue reading 87. Devils advocate – Appetite for change (part d) – Alex Sidorenko

85. Devils advocate – Tools (part b) – Alex Sidorenko

Alex Sidorenko from RISK-ACADEMY talks about the 5 components of a devils advocate role for the modern day risk managers. What do you think? – – – – – – – – – – – – – – – – At RISK-ACADEMY we have compiled free videos of lectures, seminars and interviews with Russian risk… Continue reading 85. Devils advocate – Tools (part b) – Alex Sidorenko

70. How to assess risk management maturity?

Alex Sidorenko from RISK-ACADEMY talks about measuring risk management maturity in non-financial companies. At RISK-ACADEMY we have compiled free videos of lectures, seminars and interviews with Russian risk managers, as well as free templates and examples of the tools required for the implementation of elements of risk management in the organization of small and medium-sized… Continue reading 70. How to assess risk management maturity?

72. How long should a typical risk assessment take?

Alex Sidorenko from RISK-ACADEMY talks about how long should a typical risk assessment take and why most modern risk assessments in non-financial companies are seem to be missing the point. At RISK-ACADEMY we have compiled free videos of lectures, seminars and interviews with Russian risk managers, as well as free templates and examples of the… Continue reading 72. How long should a typical risk assessment take?

64. Testing risk management team maturity in 20 seconds

Alex Sidorenko from RISK-ACADEMY talks a quick way to test your risk management team level of maturity. Learn more about integrating risk management into decision making, planning and performance management: https://www.udemy.com/course/1687492/ Download the #1 risk management book in the world: https://www.researchgate.net/publication/323254437_FREE_RISK_MANAGEMENT_BOOK_GUIDE_TO_EFFECTIVE_RISK_MANAGEMENT_30 Some of the best risk management training courses focusing on decision making, cognitive biases,… Continue reading 64. Testing risk management team maturity in 20 seconds