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 [...]
Posts Tagged ‘Riskczar’
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 »
PwC – ERM for educational institutions
Posted in ERM Basics, Frameworks, Thought Leadership, tagged COSO ERM, Framework, PwC ERM, Riskczar, universities on September 8, 2009 | 2 Comments »
Earlier today, I wrote about how ERM works for all organizations, including educational institutions. If you are interested in more on that topic, have a look at the attachment. I picked it up a few years ago when I worked at PricewaterhouseCoopers in Toronto. Ironically, I cannot seem to find a link to this file [...]
PwC asks: Does ERM Matter?
Posted in ERM Basics, Thought Leadership, tagged Hydro One, IFRS, PwC ERM, Riskczar, Solvency II on September 4, 2009 | 2 Comments »
PwC re-iterates that ERM has become a priority at the board and senior management levels but more work must be done in order to embed ERM into strategic decisions and day to day risk taking. Additionally, risk appetite must be aligned with the business planning process and ERM is not being used to manage emerging [...]
Scientific Evidence About the Value of ERM
Posted in ERM Basics, tagged enterprise risk, ERM, Hoyt, Liebenberg, Riskczar, The Value of Enterprise Risk Management on August 19, 2009 | Leave a Comment »
If you are the kind of fellow who enjoys 40-page white papers from academics about the value of enterprise risk management (ERM), then you must read a new paper with the catchy title: “The Value of Enterprise Risk Management,” by Robert E. Hoyt and Andre P. Liebenberg at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1440947 . But even without this empirical [...]
Everyone knows where the icebergs are
Posted in ERM Basics, My Opinions, tagged enterprise risk, icebergs, Riskczar, Titanic on July 9, 2008 | Leave a Comment »
Before the Titanic struck that iceberg almost a century ago, the captain was told that there were icebergs in those waters but dismissed the junior officer’s warning. He was heard saying: “In my thirty years at sea, I’ve never struck an iceberg before. Full speed ahead.” Everyone knows where the icebergs are. Risk management just [...]
A Common Sense Approach to ERM
Posted in ERM Basics, tagged assess, enterprise risk, identify, manage, Riskczar on May 12, 2008 | 2 Comments »
In a sentence, The Riskczar says the common sense approach to describing the process of risk management like this: First you identify your risks, you figure out which ones are the most important, next you decide how to address and then you do something about it and tell everyone how you are doing from time [...]
ERM Creates Value
Posted in ERM Basics, tagged enterprise risk, ERM, opportunity, Riskczar, Strategy on May 9, 2008 | Leave a Comment »
ERM helps leaders deal effectively with the current or potential events that create uncertainty and respond in a way that balances the downside of the uncertainties that we want to avoid against the upside. The big picture outcomes of ERM are: no big mistakes, no big surprises and no big missed opportunities. The Riskczar says: [...]
Islands of Risk Management Capabilities
Posted in ERM Basics, My Opinions, tagged enterprise risk, ERM, Gary Hamel, Riskczar on May 7, 2008 | 1 Comment »
Risk management is not something new to you; there are islands of risk management capabilities throughout the organization. Sometimes we call it hedging or insuring or security, but it’s all risk management. Enterprise risk management (ERM) is merely a process that pulls these disparate islands together at an enterprise level using common definitions, measures and [...]
Enterprise Risk Management is Pretty Simple
Posted in ERM Basics, My Opinions, tagged enterprise risk, ERM, Greek, MBA, Ph.D, Riskczar on May 4, 2008 | Leave a Comment »
Enterprise risk management (ERM) is pretty simple. Financial institutions, regulators and consultants, would have you believe that risk management is very complicated, requires advanced mathematical training, an MBA or Ph.D., a knowledge of Latin or Greek and nothing short of a miracle to implement. The Riskczar says: What you need is the right attitude and [...]
A Greek Tragedy
Posted in My Opinions, tagged Black-Schoels, Greek, Riskczar on January 19, 2006 | 1 Comment »
He has just woken up from a nightmare. If this was a movie he would have sat up, opened his eyes and screamed, revealing to the viewer that we just witnessed a dream sequence, but Spiro’s eyes simply opened and he sighed quietly. Spiro’s sigh was so quiet that he needed to nudge Nikki to [...]
