Alex Sidorenko from RIS-ACADEMY responds to one of the questions after the OCEG webinar with Tim and Norman. Talking about the disconnect between ERM and business decisions and how to overcome it. COSO vs ISO31000 webinar: https://riskacademy.blog/2017/12/14/free-webinar-iso31000-2018-draft-vs-coso-erm-2017/ The risks of using risk matrices https://riskacademy.blog/2017/11/17/the-risk-of-using-risk-matrices/ Free risk management book (15500+ downloads) https://www.risk-academy.ru/en/download/risk-management-book/ – – – –… Continue reading 106. Disconnect between ERM and business decisions – Alex Sidorenko
Many risk managers are reluctant to have a conversation with executives about the need to better integrate into decision making and the need to talk and think about risks systematically every day. Changing the methodology, reporting format and tools? Forget about it. Even just talking and asking for a great role in decision making gives… Continue reading 100. Are risk managers scared to take risks?
What should a typical risk management framework include? Should an organisation develop a single integrated risk management framework document or is there a better way to integrate risk management into business processes and corporate culture? Download free risk management book at https://www.risk-academy.ru/en/download/risk-management-book/ More information about RISK-ACADEMY, our training courses and services at https://www.riskacademy.blog
Is it methodology expert, facilitator, educator or a policeman? Maybe everything above? If so, in what proportion? Write your comments below and subscribe to our youtube channel. Download free risk management book at https://www.risk-academy.ru/en/download/risk-management-book/
If there is one thing I learned in my previous role as a Head of Risk of multibillion-dollar PE/VC investment fund, risk management is not about managing risks. It’s about helping management make strategic, operational and investment decisions with the risks in mind. It sounds simple enough, but it’s anything but. Integrating risk management into core business processes, decision making and the overall culture of the organisation is hard work with many steps along the way. Elena Demidenko and I have actually published a number of articles and books on the topic and you free to browse them in the official RISK-ACADEMY blog https://riskacademy.wordpress.com or download the free book https://www.risk-academy.ru/en/download/risk-management-book/ or watch free short videos
Alex Sidorenko from RISK-ACADEMY talks about three things to review when auditing risk management effectiveness in non-financial companies: DOWNLOAD THE FREE RISK MANAGEMENT BOOK: https://www.risk-academy.ru/en/download/risk-management-book/ Watch more free risk management videos on RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk – – – – – – – – – – – – – – – – – – –… Continue reading 3 things to look for when auditing risk management