Risk Management
Effective risk management is like putting together a three course meal
Innovation begins with Accountability
We all think that innovation begins with innovation itself, but that is incorrect. Innovation must begin with the single most important aspect of any part of business and that is accountability.
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The innovation of risk "bucket list"
I am going to list the things we have to do before the Innovation of Risk kicks the bucket! More precisely I am going to list the things that have to happen so that the Risk Manager can kick the bucket in his/her current form and shift to a new form entirely.
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Boy, can we complicate things!
Quite simply because when it comes to risk management we somehow seem to have complicated something that has been in existence since the dawn of man, yes since the dawn of man. The day we stood up and first assessed our surroundings we were considering the risks. The risks of being killed by that beast in the wilderness where our only form of mitigation was "fight or flight".
Top 10 Risks for 2011
The Power of Effective Communication
The life cycle of risk management
Quite simply I see a five stage approach to how risk management evolves in any organisation. Within each of these five stages there are of course many variations in terms of length of time, impacts and overall organisational change aspects. However, I have found that these five stages reasonably represent the reality of risk management.
The lighthouse of risk management