Edward Robertson

ERM Case Study: Camosun College: part 3/5

[670 words, first published 2012/11/08] This is the next post in the Enterprise Risk Management implementation case study of Camosun College, B.C., Canada. IMPLEMENTATION APPROACHProject Approach – Key Players As mentioned previously, the idea for enterprise risk management came from the Board of Governors, who were keen to participate in the provincial government’s foray into …

ERM Case Study: Camosun College: part 3/5 Read More »

ERM Case Study: Camosun College: part 2/5

[800 words, first published 2012/11/06] This is a continuation of the Enterprise Risk Management implementation case study of Camosun College, B.C., Canada. INITIAL STAGESImpetus to ERM: Compliance or Improvement? The impetus towards risk management came from the Board of Governors. They were aware of BC Government’s initiative, led by Risk Management Branch, to incorporate enterprise …

ERM Case Study: Camosun College: part 2/5 Read More »

Enterprise Risk Management: Definition and Core Practice

EPISODE SUMMARY Time to get into my recommended ERM process! Let’s start with practical definitions of Enterprise Risk Management and High Quality Risk Assessment. These definitions are rooted in the international standards (ISO 31000, COSO, AS/NZ 4360) but are not copied: they reflect a precise method finely honed over years with clients. SHOW NOTES IntroductionIn …

Enterprise Risk Management: Definition and Core Practice Read More »

The Risk Manager’s Changing Role

[980 words, edited, originally published 2013-26-07] As far back as 2012 RIMS (Risk & Insurance Management Society) reported on “The Evolving Role of the Risk Professional”. They recommended that risk managers view risk in a new way that “builds internal alliances, and enhances the strategic decision-making capability”; this in turn would require “specialized communication and …

The Risk Manager’s Changing Role Read More »