|
|||
|
|
| Christopher E. Mandel | ||||||||
|
Columnist
|
||||||||
|
2012-02-21 Focus on the Upside of Risk It's only natural that we want to first do what we can to minimize, if not prevent bad things from happening. After all, no one wants these things to happen if they can be reasonably avoided or controlled. MORE 2011-12-01 ERM Alive and Well As I write this, I'm flying home from two intensely satisfying days at the inaugural RIMS Enterprise Risk Management Conference subtitled, "Where risk meets innovation." As the name would imply, I needed to be there. MORE 2011-11-01 A Changing of the Guard Just as enterprise risk management may be perceived as being on its last legs, in comes risk and performance management. I think of risk and performance management, or RPM, as the correct way in which we should consider risk as it relates to mission accomplishment. I think it is the most natural next step in risk management. MORE 2011-10-15 Balancing 'Quants' with 'Qualts' I like quants, but they often narrow their focus to only numbers, when more insight is needed from other methods. There has been much written since the financial crisis of 2008 about the over reliance on all the risk models that were supposed to have revealed how much risk firms were taking and to somehow enable them to manage their risk appetite more successfully. That mindset about risk modeling and measurement has taken much heat because so many lost so much: investments, pensions, jobs, houses--even lives. MORE 2011-10-01 Shifting the Risk Paradigm If all the risks to your business were known, easily ignored, or cheaply transferred, would you feel better? Unfortunately, such a world does not exist. MORE 2011-09-15 Ratings, Risk and Ostriches The seven days of stock market trading after the Standard & Poor's downgrade of the United State's credit rating was made public was the most volatile in years. After weeks if not months of doomsday predictions of the downgrade's effect, it appears to be one with short-term impact. Or is it? MORE 2011-09-01 Requisite Risk Knowledge You don't hear a lot about innovation in risk management education or training because there doesn't seem to be all that much different being offered, or so some think. Before I address that fallacy, let's consider the importance of this issue. MORE 2011-08-01 Are you ready for ETCOR? Practitioners have been using the Total Cost of Risk as a key metric in the discipline for some time. MORE 2011-06-01 Aligning Strategies Just as the corporate business strategy is central to being able to achieve key goals and ultimately deliver the mission, risk strategy must both assume similar importance. MORE 2011-05-01 Marriage of Risk and Quality Quality assurance has typically been viewed as a separate and distinct discipline from risk management. Yet it lends itself so well to our discipline. MORE 2011-04-01 A Risk Standard? Risk management as a discipline has wandered in the wilderness since its genesis in the 1980s, at least relative to the rigor so many disciplines adopt. MORE 2011-03-01 Risk Committees One key element of this governance is the effective construction and use of risk committees. MORE
|
|
|||||||
|
|
|
Entire contents copyright © 2013 Risk and Insurance® All rights reserved.
May not be reproduced in any form without written permission.
|