Why Board Audit Committee is the worst place for risk management and having a separate Board Risk Committee is even worse

Over the last 10 years it became almost dogmatic that risk management effectiveness has to be disclosed at the Board level. It seems to be equally accepted that full Board… Continue reading Why Board Audit Committee is the worst place for risk management and having a separate Board Risk Committee is even worse

Why risk community rejects science, logic and common sense

First, I wanted to share an extract from the book I am reading at the moment Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and… Continue reading Why risk community rejects science, logic and common sense

Practical ideas: Regularly evaluate risk management culture

Every risk manager we have interviewed explained to us that periodic risk culture evaluations help strengthen the risk culture. So, we wanted to give readers some practical ideas around it.… Continue reading Practical ideas: Regularly evaluate risk management culture