10 risk management skills to master ASAP

start on your risk management skills ASAP

I received an email a while back from someone just making their start in risk management asking if I had any thoughts or advice on the risk management skills they needed.  The response quickly became several pages long and I thought it was worth turning it into a blog piece that others might benefit from.  … Continue reading 10 risk management skills to master ASAP

What is the difference between subjective and objective risk?

Risks themselves aren’t objective or subjective. It’s how we approach things that makes risks subjective or objective.

Thoughts as you start in risk management

Some thoughts as you start out in risk management I received an email a while back from someone just making their start in risk management asking if I had any thoughts or advice.  The response quickly became several pages long and I thought it was worth turning it into a blog piece that others might … Continue reading Thoughts as you start in risk management

This time it isn’t different

sometimes things are ok

Two major events are going to happen in US within the five years.  One is a replay of the US subprime mortgage collapse which spawned the 2008 financial crisis.  The other will occur when the bubble of college debt bursts. Both events - one of which may well trigger the other - will cause massive … Continue reading This time it isn’t different

Get things done this month

risk management guide

Happy September! September is a great month for getting things done.  Wherever you are, the summer / winter doldrums are over and you are full of energy after summer vacation or now that spring has sprung. But if you have any plans to build or update your enterprise risk management system by the end of … Continue reading Get things done this month

The devil is the detail

take a strategic perspective

We often say ‘the devil is in the detail’ meaning that it is the small things that will catch us out.  But sometimes the problem begins by looking at the details in the first place. Don’t get me wrong, I’m a fan of details.  I believe the more planning and specificity you can put into … Continue reading The devil is the detail

If it looks like a duck (or a snake)….

“The first rule of snakes [problems] is, if you see a snake, you kill it….Just take care of it” Jim Barksdale, former CEO Netscape It’s rare for an event to be truly unexpected. We know that our personal habits affect our health. We know that incorrect use of tools and machinery can cause injury. We … Continue reading If it looks like a duck (or a snake)….

What is a risk mitigation plan?

process for addressing risks

This post originally appeared on Quora in response to the question 'What is a risk mitigation plan?' Link What is a risk mitigation plan The risk mitigation plan is a series of specific actions or steps you will take in response to a risk once you have completed your risk assessment.  However, before you start … Continue reading What is a risk mitigation plan?

Convincing people to take risks

This post first appeared on Quora in response to the question 'How do you convince people to take a risk in a company?' Link. How do you convince people to take a risk in a company? Firstly, I don’t think we should ever push people to take risks that 1) they are uncomfortable with and 2) … Continue reading Convincing people to take risks

Risk management and the security manager – a quick note

This post originally appeared on Quora in answer to the question "How does risk management fit in security risk management profession?" Link How does risk management fit in security risk management profession? Ideally, a security manager will use a risk management foundation for their security management system.  This will help integrate security risks into the … Continue reading Risk management and the security manager – a quick note