Skip to main content
What competencies should risk managers in non-financial companies really have?

What Competencies should Risk Managers in Non-Financial Companies really have?

Risk management competencies can significantly improve decision making in any profession. The bad news is that these competencies do not come to us naturally. They have to be developed. Risk managers who actively develop them have a significant competitive advantage to other risk professionals. I have tried to summarize some of the key competencies risk […]

Read More

COSO New Enterprise Risk Management Framework

COSO Updated Enterprise Risk Management Framework

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released an update to its ERM Framework: Enterprise Risk Management–Integrating with Strategy and Performance, which is the first and long awaited since 2004. The updated COSO framework was developed by PricewaterhouseCoopers by request of the COSO board of directors. The main objective is to keep […]

Read More

McKinsey on Risk Volume 2

McKinsey on Risk – Volume 2

This is the second issue of McKinsey on Risk (read the first issue on this link), the journal offering McKinsey’s global perspective and strategic thinking on risk. McKinsey’s focus is on the key risk areas that bear upon the performance of the world’s leading companies—including credit risk, enterprise risk management and risk culture, operational risk […]

Read More

How to Build Resiliency through Business Continuity Management

Build Resiliency With Business Continuity Management

Multinational consultancy company Accenture has been leading efforts and finding the most appropriate solutions for business continuity for its clients. Not surprisingly, their publications are always under our radar and we try hard to keep up with Accenture’s output in several areas, including Risk Management and Business Continuity Management. Things happen…. hurricanes, power outages, systems […]

Read More