45 risk management and decision making workshops available on demand

Every year I ask the best quant risk and decision making professionals I can find to share their models, simulations, methodologies and case studies with the public. We call it RISK AWARENESS WEEK and it runs for a week in October. Every year more than 3000 participants from 100+ countries take part and 2020 was… Continue reading 45 risk management and decision making workshops available on demand

RAW2020 starts tomorrow for 3500+ participants

Join the Risk Management Awareness week from 12 to 16 October 2020. Amazing lineup of speakers running online workshops dedicated to integrating risk management into decision making, planning, project management, performance management and core business processes. It is a 100% online conference that enables you to tune into just the workshops that interest you. If you can’t… Continue reading RAW2020 starts tomorrow for 3500+ participants

RAW2020: The Failure of Risk Management

https://2020.riskawarenessweek.com/talks/the-failure-of-risk-management/ Choices to make for your company or organization can seem overwhelming at times and the answers to hard questions may seem impossible to find. Whether your uncertain decisions are in a small company assessing a critical market opportunity, a Fortune 100 company implementing an enterprise-wide process to prioritize an entire portfolio of projects, or… Continue reading RAW2020: The Failure of Risk Management

RAW2020: Impact of Covid-19 pandemic outbreak on Top Risks – Joachim Schulte

https://2020.riskawarenessweek.com/talks/impact-of-covid-19-outbreak-on-top-risks/ This talk shows what has been done to assess the impact of Covid-19 pandemic outbreak on the most important risks of the company (Top Risks). The idea was that risk management should help the company to make difficult decisions during a crisis. The approach is based on quantitative risk management, in particular Monte-Carlo simulation,… Continue reading RAW2020: Impact of Covid-19 pandemic outbreak on Top Risks – Joachim Schulte

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