This is how most people and organizations predicted Friday would turn out: Eve of destruction. The expectation was that protests would build in Toronto throughout the work week and peak on Friday. To that end, most people planned on staying…
Fewer people got swine flu shot
Should Public Health really be concerned that so few people received the H1N1 vaccination last winter? http://bit.ly/cbqZAh Do I have to explain this? Last year when the craziness and panic was being spread by the media faster than the swine…
Promote a culture of Truth
My 11-year old came home from school this week and told me he got into trouble and was sent to the office. At lunch, he was horsing around with his buddies and threw some lunch meats at each other. Fortunately,…
Where are all the risk management jobs?
I’ve been writing this blog almost every day since August and I’ve been rewarded by your positive feedback and over 6000 hits. In this period, I’ve reported about many ERM-related events: the S&P calls ERM “highly important”; while others suggested…
Why risk management is vital
It’s 2010. Likely your first day back at the office. Maybe your CFO or VP walked by your desk this morning with your marching or orders for this year and it went something like this: “Smithers, I am hearing a…
The new risk management professional is creative
Have a read at Rick Nason’s ideas about the new risk management professional. He explains how “the career in risk pendulum may have shifted and that mathematical skill may not be the competitive advantage it once was.” He continues “mathematical…
The new risk management professional is creative
Have a read at Rick Nason’s ideas about the new risk management professional. He explains how “the career in risk pendulum may have shifted and that mathematical skill may not be the competitive advantage it once was.” He continues “mathematical…
John A. Wheeler writes about ways to improve your ERM
I like John A. Wheeler’s comments because he says successful ERM requires investment in people first, followed by process and technology respectively. Far too often, organizations go out and buy some technology and say “go do risk management” when there…
Using ERM to decide if you should get the H1N1 vaccine
The Canadian government is practicing risk management this week. It has begun administering H1N1 vaccines as part of the largest mass immunization effort in Canadian history. But did it assess the impact and likelihood of H1N1 risk properly before implementing…
The content and process of ERM
I doubt you will find anyone else who breaks ERM into these two components: content and process. Content includes all the stuff that consultants deliver such as lists of categorized risks, control plans, outstanding actions and colourful heat maps. This…