Month: August 2021

ERM Implementation: Minimal Footprint

EPISODE SUMMARYHow can we roll out Enterprise Risk Management with a minimal footprint? The answer is to use a principles-based approach. Once High Quality Risk Assessment is grasped, we can turn to an implementation that meets crucial criteria efficiently. SHOW NOTESIntroductionWhat is ERM in relation to your entire management practise? Conceiving of it as an …

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Who is the Risk Champion?

Episode: 013Date: Tue 24 Aug 2021Title:               Who is the Risk Champion? EPISODE SUMMARYOur Enterprise Risk Management Journey has so far included: exploding common misconceptions; facilitating High Quality Risk Assessment; achieving breakthrough risk mitigation. Soon we proceed to full implementation. But who is the ERM champion (or risk champion) leading the way? SHOW NOTES IntroductionSo far …

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Risk Register and Breakthrough Mitigation

Episode: 012Date: Tue 17 Aug 2021Title: Risk Register and Breakthrough Mitigation EPISODE SUMMARYHigh Quality Risk Assessment means a process of sound planning; careful definition of context; and facilitating comprehensive risk ID. What is the true significance of the risk register you’ve built so carefully? How does it lead to dramatic, breakthrough risk mitigation? SHOW NOTESFacilitating …

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How to Facilitate High Quality Risk Assessment

Episode: 011Date: Tue 10 Aug 2021Title:               How to Facilitate High Quality Risk Assessment EPISODE SUMMARYHigh Quality Risk Assessment implies comprehensive risk identification using certain guidelines to elicit and record notions of risk, and a sensible assessment using four key criteria. I share a generic methodology developed and refined over years with clients. SHOW NOTESLet’s review …

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How to do Risk Identification

Episode: 010Date: Tue 03 Aug 2021Title:               How to do Risk Identification EPISODE SUMMARY We are explaining High Quality Risk Assessment, and can finally start the process of conducting a risk identification session. We can do so with confidence, because all of the procedural and conceptual elements we need are finally in place. SHOW NOTES Main …

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Reprint – Risk Analysis for Tough Issues

The Economist’s risk management study back in 2010 found that there is a continuing perception of risk management as: “…support function staffed with narrowly focused specialists, such as business continuity planners, insurance buyers, or health and safety officers…” (Fall guys – risk management in the front line). Forbes/Deloitte later reported in 2012 that a significant …

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