Is Reputation a Risk?
Many pundits and other purported experts treat reputation as a risk, and it is often viewed that way among risk practitioners.
Risks of the Faithful
Just when you thought the one safe haven left in life was the organized church, you were surprised and likely horrified by what has happened in the Roman Catholic Church these last 20 years.
Insurer Back-up Plans
We still haven't quite cracked the code on ensuring the safety and soundness of insurance companies.
Deep Diving Risks
Unlike the typical approach to assessing a large number of risks, there are times when diving deep on a risk can pay big dividends. Of course there are also those times when it may not.
Personal Risk Management
Insurance risk managers have a good gig. Here's how the job looks for many in the Fortune 500 (not adjusting for the effects of the worst financial crisis since the Great Depression):
Standardization can be a good thing but sometimes not.
GRC: Win or Spin?
Like all disciplines, risk management must innovate to justify the resources needed to accomplish goals.
VoR or Velocity of Risk
Understand the probability of loss, adjusted for the severity of its impact, and you have a sure-fire method for measuring risk.
Searching for Eureka Moments
A key challenge in driving risk innovation is getting out of the boxes we live in day to day, and thinking more broadly.
The Big Three
The Big Three | Risk & Insurance |
Much has been written, yet little actually done, to define the limits of risk that organizations are willing to take.
Crawl, Walk, Run
Crawl, Walk, Run | Risk & Insurance |
Innovating typically infers moving forward with speed. After all, competition in business can be brutal, but is nothing if not a game of speed.
Accountability and ERM
Accountability and ERM | Risk & Insurance |
The debate rages on about who should own enterprise risk management. Well I'd like to suggest that this obsessive focus misses the point and risks failure of any plan to manage risk well in any enterprise.