CERM members and professionals in virtually all management disciplines will surely recognize the positive impact a groundbreaking White Paper entitled ‘Your C-Suite & CQO,’ August 2024, will have throughout many business sectors and segments world-wide. Greg Hutchins knows the authors through his Advisor activities with them in the GQM Advisors Group. Continue reading
In the wake of the widespread chaos we saw on Friday, one old adage perhaps feels even truer now than when it was first coined in the 1960s:
To err is human, but to really foul things up you need a computer.
As the world continues to assess the fallout of what has been called “the largest IT outage in history”, industry and government leaders will naturally be pondering how exactly this all could have happened. Continue reading
We see the value of enterprise risk management everywhere we look. We see it in the news, we can see it in our customers’ success, We can even see it on the roads in speed limit signs. We know that risk management is deeply enmeshed in both the success and failures of the corporate world and beyond. Continue reading
Despite the clickbait title, the messages are in the article are important to the risk profession and are purely practical. First few caveats, corporate reputation is important, even a perception of wrongdoings can affect funding, sales and cost of doing business. Importance of reputations for both profits and non-profits is not up for a debate. Second caveat is that reputational risk in this article is just an illustration, the same underlying principles apply to all other “marketing” risks like ESG, geopolitical and whatever bs consultants will come up with next. Continue reading
This article is the first in our risk management series. The series will be taking a look at the risk management guidelines under the ISO 31000 Standard to help you better understand them and how they relate to your own risk management activities. In doing so we’ll be walking through the core aspects of the Standard and giving you practical guidance on how to implement it. Continue reading