Wednesday, September 20, 2017

Speed of adoption risk

The rapid change in the consumption of technology is overtaking Moore's Law as the most talked about rule.  Quite simply, over the last decade there have been a significant number of advances in consumer technology and what we have seen is the ever increasing trends in consumption patterns surrounding these new technologies.  The chart detailed in the article by Derek Thompson highlights this ever increasing change in the adoption pattern of technology over time.

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.

Finding operational risk data and having it work for you

One of the most important roles of a risk professional is to be on the front foot with information. The expectations of the organisation, and most likely your CEO, is that as the Risk Executive you have an ear to the ground and an eye on the horizon.  So, how are we confronting the challenge?

Best practice guidance for risk assessments

Risk managers across the globe are always looking for best practice guidance for risk assessments. The Innovation of Risk does not typically provide postings on...

Monitoring risks, is a challenge for the ages

Monitoring risks, is a challenge for the ages!  To be successful we need to be clear on outcomes and simplify the process of monitoring. Oversight....

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...