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Risk Management

Speaking in Risk Management Tongues

Abstract A critical step in building an effective risk management culture is understanding the organizational context and speaking a shared language. Driving the right response to risk events requires a common understanding of the potential consequences of outcomes and the criticality of timely response. Without a shared understanding of what is being communicated, risk response […]

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Norman Marks on Governance, Risk Management, and Audit

It’s not about Risk Management

This is another excellent post by Norman Marks, renowned author of blog Governance, Risk Management and Audit. Among the several very current and valid considerations made by Norman in this post, illustrated by a meeting held between a CEO, CIO, CRO, EVP Sales and COO of a hypothetical firm, one sentence immediately stands out – and […]

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