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Where is risk management going?

Innovation

Theoretical scientists spend many hours considering the universe and everything in it, about it and around it.  They ponder the very fabric of how things are made and also determine the theories around everything scientific in nature.

Does this have anything at all to do with risk management?

Innovation of Risk is Not An Option

Financial Risk Management

Recently I have been pondering a lot of my old posts and allowing them to reappear in my thinking. Essentially, I just wanted to take some time to rethink what is the "innovation of risk"? Have I answered that question? Not exactly. Instead, at this point,  I have thought that the key fact about risk is this - risk is old and stale.

Operational Risk Infographic

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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Scenario thinking for innovation and risk

Innovation
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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The Power of the Individual in Innovation

Innovation

The individual redefines the organisation, not the other way around. How many times have we heard how the organisation wants to innovate? Well, afraid to say, that's impossible as it is the individuals that innovate.


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An innovative idea around reading

Collaboration
Hello everyone, This is a very interesting and fascinating watch about the future of reading. As an avid Kindle fan I am all for a more...
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