#63 – IS ISO STILL RULING THE WAVES? – UMBERTO TUNESI

Umberto Tunesi pixThe Way We Are

This is a  question that is very difficult to answer.  I therefore askl for your comments as stakeholders in a risk management-oriented magazine.

ISO’s 2013 survey’s figures are not very clear to me: on their website they show figures here and there but there’s really no clear picture of how ISO’s standards impact certifications or move the market.   Continue reading

#63 – HOW TO BUILD A RELIABLE AND REPEATABLE ERM PROCESS – APQC

apqcIn its best practices report, Enterprise Risk Management: Seven Imperatives for Process Excellence, APQC presents the results of research on the need to evolve enterprise risk management (ERM) processes and practices.

As a result of its survey findings and interviews with ERM leaders known for developing select best practices, APQC finds that there are three stages of ERM process maturity that span seven best practices. The stages of maturity are:

  • Establish, during which organizations define process steps and risk owners;
  • Cultivate, during which ERM leaders improve the quality of risk conversations; and
  • Refine, during which organizations drive sound ERM strategy and execution. Continue reading

#63 – SUPPLIER RISKS & WORKER VULNERABILITIES – KELLY EISENHARDT

Kelly EisenhardtFor years, international worker rights organizations have known that there was a need to provide structure and training for factory owners and Bangladesh’s most vulnerable workers. With a spotlight shining on 4,000 factories in crisis in Dhaka and after 1,100 deaths in the fall of Rana Plaza, the time for implementing such a program has never felt more critical. I chat with Amy Luinestra about the Better Work program recently implemented in Bangladesh by the International Labour Organization.
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#62 – EMERGING RISKS II – THE BLACK SWAN SYNDROME – GREG CARROLL

GregCarrollIn part 2 of my analysis of the ISO 31000 forum on “Does anyone really understand Emerging Risks?” I look at the 3rd question: How do you manage the unknown?

Black Swans are a native of Western Australia and as prevalent in Perth as “Black Swan events” these days. The obvious answer is once an Emerging Risk has been identified it becomes a material risk and needs to managed as all other risks in your risk inventory.  So why all of the focus on Emerging Risks then? 

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