How we frame our risk discussions with key leaders and subject matter experts is critical to gathering the relevant information … More
Author: C.R. Mangum
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 … More
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 … More
The Risk Lawyer
Saturday morning for breakfast I took in a nice cup of coffee and some law school lectures. Most would think … More
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 … More
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 … More
Embracing Disruptive Culture
If you type the words “risk management” into your search bar your results will commonly focus on frameworks, models, processes, … More
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 … More
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 … More
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 … More
Department of Nope
In today’s post I wanted to focus on a word that as a risk professional I shy away from uttering … More
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 … More
Luck Makers > Risk Takers
I have a lecture coming up in a few weeks on the human aspect of organizational change management and boy … More
30/70 Rule
The message was captivating but to me, it went far deeper than that. The passion and energy you could feel … More
Be the Traffic
While doing research for an upcoming lecture on change management, I have been searching far and wide for literature and … More
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 … More
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 … More
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 … More
Risky Business
I was doing my early morning scroll of Instagram to catch up on some NFL highlights from the day before … More
Minefields in an Abyss
From a risk perspective, 2020 turned the world upside down for businesses and organizations all over the world. Strategies, plans, … More
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 … More
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 … More
This MF Spittin’
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you … More
“Common Sense” Safeguarding
Doing some light reading on internal audit standards, a light bulb popped in whatever machine domesticates itself between my ears. … More
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 … More
Silos of Gold
There is a love/hate relationship between operational silos and enterprise risk management. They are both nemesis and friend, a necessary … More
Decision Cats
Cats = Categories. I tried to be cute with the title but may have also introduced an element of confusion. … More
Falling > Failing
This morning while scrolling through my Linkedin feed as I normally do to take in toxic, unprofessional debates and to … More
Critical First Step…
Risk identification is the first and most important stage in the ERM process. Identifying risks requires senior leaders and management … More
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, … More
Symphony of Risks
We always preach as risk management educators that business silos are a necessary evil, but an evil, nonetheless. Enterprise risk … More
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 … More
Multiple Paths…Same Destination
Random risk management thoughts on a Friday. As a risk manager I am currently working on developing ERM processes that … More
Open Brains
Well do we live in an age of stupidity or what? Just open a social media app or turn on … More
Risk Hamstrung
Risk and creativity are two attendees of the same party but do not share too much time on the dancefloor … More
ERM Doesn’t Party
A summer Saturday in Texas gets it beauty from the heat it emanates, each degree higher raising the bar of … More
Listen…
In leadership, listening is one of the greatest tools one can possess. Effective listeners are rewarded most often with better … More
Risk Framing
“The way a risk is framed influences people’s understanding of it.” – Taleb In 1965, a physicist named Richard Feynman … More
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 … More
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 … More
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 … More
Actions Trigger Perils
Random ERM thoughts of the day… Discussions lead to thinking… thinking leads to decisions… decisions lead to actions… actions trigger … More
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 … More
Partial Knowledge
The peculiar economist, Frank Knight, made a distinction between risk and uncertainty in his 1921 work, Risk, Uncertainty, and Profit. … More
Practice Makes Permanent
Humans are not born as great decision makers. In such a complex world filled with uncertainty, randomness, chaos, and disorder … More
Bubble Wrapped Mindset
I am currently reading Nassim Taleb’s Antifragile: Things That Gain From Disorder and once again am thoroughly blown away by … More
Professional Development = Personal Development
Early on in my insurance days I learned that professional development was a big part of the industry and for … More
Planting Roots
Corporate risk management is a complex and challenging role in a world of increasing randomness and uncertainty. To be truly … More
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 … More
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 … More