Risk Management magazine just published an article by Jim Negus (of KPMG LLP’s risk and compliance services group) listing their top ten ERM challenges. They write: Very few organizations find enterprise risk management implementation easy–it requires a rare combination of…
Aon Global ERM Survey 2010 now available
There is a link on the Aon.com homepage for their latest ERM survey conducted in 2009 Q3. Aon writes: The study was designed to show the extent to which ERM has been successfully implemented across organizations globally; the effect ERM…
van Deventer: Risk Management Lessons from Lance Armstrong
I would like bring to your attention the blog by Donald van Deventer from the Kamakura Corporation. We may both write about risk management but on a risk management scale, Don is to Thomas Jefferson what I am Bart Simpson.…
What Israel can teach us about managing risk
This article appeared in the Toronto Star on December 31, 2009. While we are holding people up at airports and making them throw out bottles of mouthwash and shampoo, the Israelis seem to have figured out how to manage their…
Kanter’s risk management lessons from Northwest flight 253
Kanter blogs about the recent events on Northwest flight 253 by asking all leaders (not just airline industry leaders) to look at what lessons were learned by this near miss and how could a disaster be prevented. To leaders she…
Risk Management of Everything
About five years ago I stumbled upon a really great essay titled The Risk Management of Everything by Michael Powers and published by Demos. I was doing some housekeeping and found it in my files and decided as my New…
CREW’s top ten ethics scandals for 2009
Citizens for Responsibility and Ethics in Washington released their list of top ethics scandals for 2009 (in pdf format). My favourite is the South Carolina Governor (R) who lied about hiking in the Appalachian Trail and took off to Argentina…
Marks explains how to make risk management a way of life
In this November 2009 post on the IIA website, Norman Marks promotes the idea of making risk management a way of life instead of a quarterly exercise. If it doesn’t add value, then it is merely “decoration”, he writes. I…
Protiviti: What is misunderstood about risk management
James Pajakowski, EVP of Global Risk Solutions with Protiviti was asked what is most misunderstood today about risk management in Bank Info Security: You can eliminate all risk in an organization. If you do that you are probably also going…
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…