Big data analytics are changing the way companies manage brands, monitor the quality of products, and measure the efficacy of corporate social responsibility programs. Social media has driven data creation exponentially. Google Analytics tells us that fourth-fifths of all new data is unstructured and growing at 15 times the rate of traditional enterprise data. More data is created in 2 days than was created before all of 2003.
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#70 – FUTURE OF ASSURANCE: BSI STATEMENT OF COMPLIANCE FOR ISO 31000 ERM – GREG HUTCHINS
British Standards Institution (BSI) recently issued an ISO 31000:2009 Statement of Compliance for Enterprise Risk Management (ERM) System to Tata Power – one of India’s largest integrated power companies.
What does this mean? This could be a game changer for ISO 9001:2015, ISO 31000, risk assurance, and BSI. Let me explain. Continue reading
#70 – RISK MANAGEMENT AND PROBLEM SOLVING ARE NOT DIFFERENT – IVAN FANTIN
Nowadays risk management is getting more and more credits.
I don’t know if this trend is dictated by the increased number of unknowns the crisis is showing us, by an increasing management perception, or by something else.
What I clearly see is the frequent mention risk gets.
It is not my aim here, in a short article, to explain what risk management is.
#70 – VALUES AND RISKS OF HISTORICAL RECOUNTS – UMBERTO TUNESI
Recently, a friend of mine, very fond of ancient history, while lying in the sun of southern France, posed a rather disquieting question: “how reliable are recounts of ancient historical events?”.
Her question was probably biased by the leisurely reading of many contradictory daily newspapers’ news, contradictory not only among newspapers but on the same newspaper, too. Continue reading
#70 – BASICS: DEVELOP A RISK MANAGEMENT FRAMEWORK – ROD FARRAR
One of the key issues facing many organisations revolves around what a risk management framework looks like. ISO 31000 highlights the elements of a risk management framework as shown below: Continue reading