In a survey conducted during the Fall of 2007 by The Conference Board of Canada titled, “Who Reads What Most Often? A Survey of Enterprise Risk Management Literature Read by Risk Executives”, authors listed the top ten articles used by leading ERM practitioners (in order of year published). I’ve reprinted the list here with links [...]
Archive for November, 2009
Top 10 Must Read ERM Articles
Posted in ERM Basics, Frameworks, Humour, My Opinions, Risk management, Thought Leadership, tagged Aabo Fraser Simkins, Beasley Cluen Hermanson, Beaumont Vance, Conference Board of Canada, enterprise risk, ERM, Ernst & Young, Felix Kloman, Harrington Niehaus Risko, Hydro One, James Lam, Kleffner Lee McGannon, Riskczar, Top 10, Trevor Levine on November 30, 2009 | Leave a Comment »
Risk managers are sexy
Posted in Humour, tagged Madison MacArthur, risk management, sexy, Sylvia MacArthur on November 27, 2009 | 3 Comments »
In an article from the December 7, 2009 edition of Canadian Business, Sylvia MacArthur, president of Madison MacArthur, an executive search firm in Toronto, writes about risk management: “It’s not necessarily seen as the sexiest business to get into”. As a risk professional, I have to take offense. Ms. MacArthur, risk management is a super [...]
Risk management standards expert supports ISO 31000
Posted in ERM Basics, Frameworks, tagged 31000, Kevin Knight on November 27, 2009 | Leave a Comment »
Risk management standards expert Kevin Knight says ISO 31000 is “a more concise, clear and flexible set of guidelines developed for risk management.” He also indicates that it will be more helpful in “supporting corporate governance for risk management among companies and enterprises”. Click here to rest of the story.
3000
Posted in Uncategorized, tagged Trevor Levine on November 27, 2009 | Leave a Comment »
I big thank you to everyone who was curious enough to click and read something from Riskczar.com. Today we passed the 3000 click mark, only two weeks after hitting 2000 views (since August). I am very humbled and delighted. I have a lot of fun writing for you and glad many of you are enjoying [...]
Happy Thanksgiving – have a turkey
Posted in ERM Basics, Frameworks, Humour, tagged 31000, COSO ERM, Thanksgiving, turkey on November 26, 2009 | 1 Comment »
It’s Thanksgiving in the US, a day traditionally spent with family and marked by the enjoying of a turkey. Well, since the release of ISO 31000 last week, it is pretty clear that COSO ERM framework is the biggest turkey of them all. So give COSO ERM one final read this today. And like eating [...]
More glowing reviews of ISO 31000
Posted in ERM Basics, Frameworks, Risk management, Uncategorized, tagged 31000, Bruce McCuaig, COSO ERM, Tim Leech on November 25, 2009 | 1 Comment »
Bruce McCuaig, VP of risk and compliance at Paisley is very excited about ISO 31000 Risk Management – Principles and Guidelines. He writes “This is 24 pages every assurance professional must read.” To read his complete review, visit his blog here. I think if we get one more review like this to go with Tim [...]
COSO ERM book is like an 8-Track player
Posted in ERM Basics, Frameworks, Humour, My Opinions, tagged 31000, 4360, Cendrowski, COSO ERM, Trevor Levine on November 24, 2009 | 2 Comments »
I have to give my props to Harry Cendrowski and William C. Mair of Cendrowski Corporate Advisors for writing a book about enterprise risk management, but writing one titled “Enterprise Risk Management and COSO: A Guide for Directors, Executives, and Practitioners,” with the word “COSO” right there in the title is troubling to me. The [...]
Tim Leech raves about ISO 31000
Posted in ERM Basics, Frameworks, League of Extraordinary Risk Gentlemen, Risk management, Thought Leadership, tagged 31000, CHF 112, Mike Cammalleri, Norman Marks, Slap Chop, Tim Leech, Toblerone on November 22, 2009 | 2 Comments »
I just found some cash in the pocket of my winter coat which I was planning on spending on a Slap Chop™ and a Mike Cammalleri jersey but I decided it would be better spent on my very own copy of the new Risk Management–Principles and Guidelines (ISO 31000). For those of you awaiting my [...]
Reputation risk to Easyjet
Posted in Risk management, tagged Easyjet, Holocaust, reputation risk, Trevor Levine on November 20, 2009 | Leave a Comment »
Here’s an example of reputation risk. As I have written, reputation risk is a second order risk which only occurs when some other first order risk manifests its ugly head. This is a type of outsource risk. While Easyjet may not have been responsible for what happened, they are accountable. Easyjet has apologised after fashion [...]
Internal audit is not risk management even in New Zealand
Posted in My Opinions, tagged 4360, audit, Marsh, New Zealand, risk on November 19, 2009 | 1 Comment »
Keeping with today’s theme “internal auditors are not risk managers”, here’s something I quite enjoyed courtesy of a report from Marsh in New Zealand called The 2008 State Sector Risk Management Practices Report. Page 17 it reads: Internal Auditors play an important role in evaluating the risk management processes of an organisation and advocating their [...]
