Recently I read a comment in a LinkedIn Group that stated Chief Risk Officers should be given more authority in order to enforce sound risk management practices. This made me raise my pen. The notion of authority for a CRO worries me a bit along the lines that the risk management function and internal audit
One of the most important aspects of being a strong Risk Leader is helping ensure those you are guiding are assessing the right risk. Here is a simple example: You are conducting a short risk assessment with a team tasked with relocating to a new head office. During the risk assessment physical risks to the
A question often asked is how broadly or how deeply do we need to design risk reporting in our risk management frameworks. Of course there is no easy answer. Let me give you a short anecdote before I give you my usual few dot points on the topic. I was at a UNSW Australian School
Do you block access to YouTube, Facebook, Twitter and a host of other “inappropriate” social media? Should you? I am leading with my chin here. I am running in advance of a great RMIA event on 19 May where there will be a panel of social media experts addressing this topic. So here are my
When we conduct risk assessments we are often satisfied with the outcomes based on our existing knowledge. Our knowledge however is usually based on some facts and a whole lot of assumptions, perceptions and theories. As human beings we use our five senses of sight, smell, taste, touch and hearing to maximise our knowledge about