Hello Readers:
This year, 2013, was huge for risk and risk management. ISO is adopting risk in most of its standards. This is occurring with most national standards. Global events such as comets, global warming, natural disasters, and political events are increasing in complexity and ferocity. VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) is the new normal.
Enterprise Risk Management (ERM) is evolving into a discipline. Organizations and associations are adopting ERM and are even rebranding themselves as ERM organizations. ERM is being incorporated into statute, rules, standards and guidelines in more than 23 sectors. Continue reading