How we frame our risk discussions with key leaders and subject matter experts is critical to gathering the relevant information…
What a Character: 5 Movie Roles Risk Leaders Run Into in the Corporate World
A risk leader can be described as a corporate diplomat, one who seeks to unite diverse areas of the enterprise…
The Risk Lawyer
Saturday morning for breakfast I took in a nice cup of coffee and some law school lectures. Most would think…
The Pains of Educating Your Audience
I was reading through some research on risk assessments & appetites this Monday morning when something slapped me across the…
Is ESG the ‘Nudge’ Enterprise Risk Management Has Been Waiting For?
I was grading some assignments on how ESG (Environmental, Social, & Governance) is having a direct impact on how the…
Embracing Disruptive Culture
If you type the words “risk management” into your search bar your results will commonly focus on frameworks, models, processes,…
My Thoughts on the IIA’s Agile Risk Management Whitepaper
The Institute of Internal Auditors – Australia recently published a whitepaper titled, Agile Risk Management, that examines what risk management…
The Ultimate Game of Risk
The Fall in Texas is such a wonderful time. Weather is cooling down from the brutal summer, the state fair…
Just Over the Horizon: Key Risk Indicators
Business leaders and board rooms across the globe all wish they had a magical, crystal sphere that showed the not-so-distant…
Department of Nope
In today’s post I wanted to focus on a word that as a risk professional I shy away from uttering…
Managing Success vs. Managing Risk
Research is a journey, never a destination. Even when you find the answer you are looking for, you research further…
Luck Makers > Risk Takers
I have a lecture coming up in a few weeks on the human aspect of organizational change management and boy…
30/70 Rule
The message was captivating but to me, it went far deeper than that. The passion and energy you could feel…
Be the Traffic
While doing research for an upcoming lecture on change management, I have been searching far and wide for literature and…
Golden Goose – A Corporate Risk Focus
Doing some research I came across an interesting topic on inhibitors to successfully implementing an enterprise risk management framework within…
Risk Matrices: The Good, the Bad & the Alternatives
I posted this article on riskmanagementguru.com a while back but it appears risk heat maps seem to keep being preached…
5 Movies for Risk Nerds
Everyone likes a good flick. I have written some past articles on recommended books related to risk but never thought…
Risky Business
I was doing my early morning scroll of Instagram to catch up on some NFL highlights from the day before…
Minefields in an Abyss
From a risk perspective, 2020 turned the world upside down for businesses and organizations all over the world. Strategies, plans,…
Masks & Shots: A Risk Management Lesson
Oh, how the world is such a confusing, complex mess these days. After a rollout of the widely controversial COVID-19…
Three C’s of Risk Management Implementation
Enterprise risk management implementation is hard. The challenges and difficulty however are a good sign that you’re doing something positive…
This MF Spittin’
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you…
“Common Sense” Safeguarding
Doing some light reading on internal audit standards, a light bulb popped in whatever machine domesticates itself between my ears.…
3 Ways to Be Ready for the Ransomware Tsunami Coming
There is nothing we can do about cybercriminals existing…it is what it is. However, we can stand and fight against…
Silos of Gold
There is a love/hate relationship between operational silos and enterprise risk management. They are both nemesis and friend, a necessary…
Decision Cats
Cats = Categories. I tried to be cute with the title but may have also introduced an element of confusion.…
Falling > Failing
This morning while scrolling through my Linkedin feed as I normally do to take in toxic, unprofessional debates and to…
Critical First Step…
Risk identification is the first and most important stage in the ERM process. Identifying risks requires senior leaders and management…
Write to Think
We all aware that education and higher education for that matter are in America’s crosshairs. Critical race theory, COVID-19 impact,…
Symphony of Risks
We always preach as risk management educators that business silos are a necessary evil, but an evil, nonetheless. Enterprise risk…
Beware of the Butterfly
I picked up a book on my Kindle last night titled, Tiny Blunders/Big Disasters: Thirty-Nine Tiny Mistakes That Changed the…
Multiple Paths…Same Destination
Random risk management thoughts on a Friday. As a risk manager I am currently working on developing ERM processes that…
Open Brains
Well do we live in an age of stupidity or what? Just open a social media app or turn on…
Risk Hamstrung
Risk and creativity are two attendees of the same party but do not share too much time on the dancefloor…
ERM Doesn’t Party
A summer Saturday in Texas gets it beauty from the heat it emanates, each degree higher raising the bar of…
Listen…
In leadership, listening is one of the greatest tools one can possess. Effective listeners are rewarded most often with better…
Risk Framing
“The way a risk is framed influences people’s understanding of it.” – Taleb In 1965, a physicist named Richard Feynman…
Preparing For Eventualities
eventuality [ih-ven-choo-al-i-tee] noun : a contingent event, a possible occurrence or circumstance I was reading through HBR’s Top 10 Articles…
Enterprise Risk Identification: A Simplistic Approach
Enterprise risk management (ERM) has come quite a way since its birth in a traditional form more focused on business…
4 Must Read Risk Books for 2021
I have made it a recent tradition of creating a “Books” wish list on my Amazon account where I throw…
Actions Trigger Perils
Random ERM thoughts of the day… Discussions lead to thinking… thinking leads to decisions… decisions lead to actions… actions trigger…
A Human Focused Enterprise Risk Approach
RAMBLING…When studying, teaching, managing enterprise risk management programs there can be a feeling of getting lost in the endless process…
Partial Knowledge
The peculiar economist, Frank Knight, made a distinction between risk and uncertainty in his 1921 work, Risk, Uncertainty, and Profit.…
Practice Makes Permanent
Humans are not born as great decision makers. In such a complex world filled with uncertainty, randomness, chaos, and disorder…
Bubble Wrapped Mindset
I am currently reading Nassim Taleb’s Antifragile: Things That Gain From Disorder and once again am thoroughly blown away by…
Professional Development = Personal Development
Early on in my insurance days I learned that professional development was a big part of the industry and for…
Planting Roots
Corporate risk management is a complex and challenging role in a world of increasing randomness and uncertainty. To be truly…
Beware the Broad Brush Stroke
There is no greater mental blunder in America today than the aggressive manner in which certain social groups and communities…
Suck a Little Less Each Day
I can blame a mixture of COVID lockdown and moving to the suburbs that drove me to a new addiction…
F*** Up a Cup of Coffee…
A powerful elixir that is enjoyed all over the world. A fluid symphony that awakens the soul and drives society…
Risk Professionals Face Challenges in a Challenging World
I recently came upon a study that was looking at the current state of enterprise risk management (ERM) and I…