Sunday, November 19, 2017

Operational Risk Infographic

Operational risk is a topic that has seen a significant rise in the amount on "online chatter", particularly since early 2000.  Some interesting statistics are presented in this infographic on operational risk, not the least is the amount of postings on operational risk represents no more than 10% of the amount of postings on the internet for the iPod since 2000!

 

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Risk profiling, a visual discussion

Risk profiling needs to move to a visual discussion. Risk profiling practices of today are generally text based and focused on developing risks around words...

11 Risk Management Tips for Leaders

Every day leaders and their teams face into challenges that involve risk. Yet, the concept of risk management is often presented in a complicated...

Agile Risk Management

Agile risk management is not about managing risk in agile projects but rather using the art of agile for what risk management performs. For the later...

Scenario thinking for innovation and risk

A “scenario thinker” may be able to overcome paralysis in such a situation. He or she will recognize the point beyond which the effort to work out what will happen produces diminishing returns, and will refocus sooner on a different question:
“What do we do if...?” and then: “What does this mean for what we do now?”

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We need more glass half-full risk managers

Way too many risk managers, risk experts, and risk professionals are glass half-empty people.  Of course the role of risk management is to focus on  the potential things that can go wrong, but that does not mean that the risk manager has to be negatively focused.  In actual fact, it is that negative focus that has made risk managers the type of person that businesses wish to avoid rather than engage.