When Keith Baxter published his book Fast Track to Success: Risk Management, I tweeted to him I would read it during the Christmas break last year then review it. At that time I was about halfway through 4100 pages of…
Risk managers make terrific beekeepers too
I read a blog post titled, How a Risk Manager Could Help Your Business where the author makes the point that any small business could benefit from a well trained risk manager. I agree. Well trained risk managers could work…
CGA commerical about risk management is gibberish
I was sitting on my couch enjoying a glass of VAT 69 when a tv commercial came on that grabbed my attention. It was for Certified General Accountants, and they were talking about risk. I put down my scotch and…
ERM of crucial importance to financial service providers
The Faculty & Institute of Actuaries his published a paper called ERM for Insurance Companies – Adding the Investor’s Point of View, on January 22, 2010. The abstract reads: A major outcome of ERM activities in insurance companies has been…
Risk management certification: let’s discuss
Tim Leech’s IIA blog discusses some of the many risk management designations and certification available and whether or not one of these may be the cost of entry in the future. I would like to know if anyone out there…
Leech shares his thoughts on the Board oversight of risk
Please have a read at what Tim Leech has to say about the SEC’s new enhanced proxy disclosure requirements and new rules around the Board oversight of risk, in his IIA blog found here: http://www.theiia.org/blogs/leech/index.cfm/post/New%20U.S.%20Disclosures%20-%20Board%20Oversight%20of%20Risk He notes that while you…
Tim Leech writes about the actuaries approach to operational risk
I am posting the link to Tim Leech’s commentary about the paper titled A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis. If you are not following @LeechGRC on Twitter or read theiia.org,…
More subdued view of ISO 31000
Chris McClean, who blogs for Forrester reminds us that ISO 31000 will not be a game-changer nor start a revolution in the immediate future. He agrees with many that organizations will benefit from a “commonly accepted risk vocabulary and a…
Half-risk management is not risk management
Many organizations think that they can pick and choose which parts of an ERM framework to use and call what they do “risk management”. I say that identifying a few risks and performing some assessments is not risk management: this…
Top 10 Must Read ERM Articles
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…