I was reading this article from Gary W Patterson called, “Enterprise Risk Management (ERM) Applied to Benefit Operations and Strategic Planning”. In it, Gary, a.k.a the FiscalDoctor™, addresses these five questions about ERM: 1. Does ERM focus only on money? 2. What activities does ERM involve? 3. What are ERM deliverables? 4. How do I [...]
Posts Tagged ‘Trevor Levine’
Measuring the benefits of ERM
Posted in ERM Basics, League of Extraordinary Risk Gentlemen, Thought Leadership, tagged ERM, Patterson, six sigma, Trevor Levine on October 22, 2009 | Leave a Comment »
Good white paper from GT on value of ERM in this economy
Posted in ERM Basics, Thought Leadership, tagged ERM, GrantThornton, GRC, Trevor Levine on October 19, 2009 | Leave a Comment »
Another pretty good white paper from earlier this summer, from a major accounting firm, this time GrantThornton. It is a decent primer on ERM if you are a newbie but makes some good points about the value of the ERM. It is written in very simple language, and includes a list of about 100 risks [...]
Risk managers and Chief Risk Officers are “genuinely different types of creatures”
Posted in Risk management, Thought Leadership, tagged CRO, risk manager, Trevor Levine on October 18, 2009 | Leave a Comment »
I enjoyed this article about the ascent of the Chief Risk Officer, The chief risk officers are coming, published in July 2009 by Lloyds. Specifically, the differences between the risk manager and the CRO are interesting as described by Peter den Dekker, president of FERMA, the association of European risk managers. The CRO is member [...]
Riskviews ask: What is Risk?
Posted in ERM Basics, League of Extraordinary Risk Gentlemen, Thought Leadership, tagged risk management, riskviews, Trevor Levine on October 16, 2009 | 1 Comment »
Originally posted by Riskview on October 12, 2009 I have started to get bothered by the way that the word RISK is used to mean almost anything – noun verb adjective. It makes it almost impossible to understand what someone is trying to say about a risk or risk management topic. I am probably even [...]
KPMG paper: The Business Case for a Risk Executive
Posted in ERM Basics, Thought Leadership, tagged ERM, KPMG, Strategy, Trevor Levine on October 14, 2009 | Leave a Comment »
Here is the latest white paper from KPMG called The Business Case for a Risk Executive: Leading Efforts to Avoid Surprises, Maneuver through Challenges, and Add Value. (See link below.) Big title. Fortunately, the paper is only 12 pages in length when you include the canned metaphorical Getty images of the guy looking through binoculars [...]
What an S&P rating looks like when ERM is mentioned
Posted in Risk management, Thought Leadership, tagged credit risk, ERM, S&P, Trevor Levine on October 14, 2009 | Leave a Comment »
Here is an example of a press release by S&P for Endurance American Insurance Co. where they note that the organization’s management and enterprise risk management capabilities were assessed as part of their rating: Credit analyst Taoufik Gharib added: “The ratings on Endurance reflect our opinion that the group has established a strong track record [...]
Risk oversight and transparency
Posted in Risk management, tagged GRC, oversight, transparency, Trevor Levine on October 2, 2009 | Leave a Comment »
Here is a pretty good article by Dale E. Jones, vice chairman and partner with Heidrick & Struggles, published at boardmember.com in which he writes about a report by the National Association of Corporate Directors. Jones notes that the report “identified four critical areas that will warrant greater attention by directors in the coming days; [...]
ERM survey by Journal of Accountacy
Posted in ERM Basics, Thought Leadership, tagged COSO ERM, ERM, Journal of Accountancy, Trevor Levine on September 22, 2009 | 2 Comments »
The results of a recent survey appear in the Journal of Accountancy. Normally you wouldn’t find me reading anything of the sort but it was titled “ERM: Opportunities for Improvement” so how could I resist? Their survey supports quantitatively what many unemployed risk practitioners already know and what an EVP once said to me, “Trevor, [...]
What to get a risk manager for Christmas
Posted in Frameworks, Humour, tagged 31000, COSO ERM, PwC ERM, Trevor Levine on September 21, 2009 | 1 Comment »
This Christmas season, when you don’t know what to get the one you love because they already have a Nintendo Wii, iPod Touch or Beatles Rock Band, why not give them the gift of voluntary risk management guidelines, the ISO 31000 Risk Management – Principles and Guidelines. Imagine the joy Christmas morning when your loved [...]
