CERM Risk Insights #4 Readers:

Last month we offered a free eBook. Working It: The Rules Have Changed.  We’ve sent out more than 400 copies.  Send us a request and we’ll send you an advance copy.

• Professions@Risk.  Decision Coaching: An Emerging Profession.  In today’s age of volatility, we believe that this may be the career option for the next decade.  Learn what it is.  Know what you have to do to train yourself.
• ERMTools@Risk.  Risk Innovation.  Most risk management systems fall short on managing emerging risks, as well as “black swan” events, which hit with no warning but potentially large impact.  Recent PwC describes ERM tools for managing risk and five emerging strategies for coping with the unknown.
• GlobalTrade@Risk.  Global Custom’s Risk Framework.  Customs plays a significant role in ensuring that global trade meets regulatory requirements and conforms to national laws. Changes in the strategic landscape of Customs’ operating environment and long-term growth in trade and travel volumes have affected the way Customs administrations are managed and approach their tasks.
• Organizations@Risk.  Managing an Engineering Career.  STEM education is supposed to the savior of the US economy for innovation and jobs.  However, all technologist are subject to Moore’s Law.  If an engineer, computer scientist, and medical practitioner does not serially retread, they are functional toast.
• Jobs@Risk.  Six Things Recruiters Won’t Tell You.  Job recruiters are supposed to help you.  Well, they have their own agenda.  Find out the critical things they won’t tell you.
• Jobs@Risk.  Social Media Baffles Engineers.  Social Media baffles most engineers. Like eating vegetables, we all know we need to be online and have a professional presence, but it gets confusing when it come to content, frequency and engagement.  This is one of Ms. Lions’s most popular talks.
• Technology@Risk.  Quantifying Software Failure and Disasters.  Let’s visit twenty one interesting historical software failures.  The idea is to analyze each failure and consider what lessons it taught, and which forms of defect prevention or defect removal might have prevented the problems.  Because the failures in this section are famous and information has been published about them, they are a useful set of historical data points for retrospective quality analysis.
• Technology@Risk.  Quantifying Cyber Attacks and Cyber Warfare.  The advent of the computer era has brought with it several new kinds of criminal activities and also new forms of military engagements that take place over long distances and involve either disabling military equipment or stealing secret information, or both
• Enterprise@Risk.  Strategic Risk in the Enterprise.  Risk can take many forms from individual to companywide (enterprise).  Regardless of the level there is always a tendency to underestimate the level of risk.  Soldiers in combat almost never believe that they will end up a casualty.   In fact, people performing jobs considered dangerous regularly underestimate the risk to health and welfare.  This same mentality carries forward when dealing with enterprise risk.