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 risk management standards and guidance but in this case we...
Tomorrow Never Knows - The Magazine
is a new addition to the Innovation of Risk's collection of work on risk management.
With an opening like this you know this magazine is designed to be informative and...
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 and sentences to represent the risk, controls and actions. Yet...
Authentic Happiness is the Risk Manager's Bible. Even writing that statement seems strange. Authentic happiness just doesn't seem to go with the world of risk. But why not?
Martin Seligman, the author of Authentic Happiness...
In life, it is extremely easy to forget what is important to you as a Risk Manager, may not be important to others. In addition, not only do we sometimes forget what is important, we confuse what is urgent with what is important. For those of you familiar with the "7 Habits" this will sound familiar.
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.
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?
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!