Category: Risk Management - SandRun Risk

ERM in the Age of Pandemics and Cyber Crime: Part V - Total Engagement Comes Through Building Inclusive Institutions

10/26/2020

We live at a time when humanity is steadily moving away from riskier forms of self-sufficiency to safer and more productive forms of mutual interdependence. Consequently, the future of ERM will be concerned with building “whole of organization” approaches to pursuing opportunities and managing threats. The “secret sauce” to getting buy-in across an organization is creating virtuous cycles that help people feel connected through ever-increasing levels of believing in and trusting each other.

The State of Enterprise Risk Management in the USA: Part III - Integrating ERM and Human Resources

7/30/2020

Phil Renaud concludes this article series with a discussion of the need to build a better bridge between the HR function and risk management.

Conversations on Risk Management: Kevin Knight – Part II

2/12/2020

Part II of our Conversation with Kevin Knight provides an inside look at how Australia and New Zealand developed the first standard for enterprise risk management known as AS/NZS 4360.

Enterprise Risk Management: A Primer for Business Leaders – Part IV (Contributions from Standards Australia and ISO)

1/5/2020

Over the last 30 years, several different fields have attempted to devise frameworks to help organizations manage risk and uncertainty in a holistic way. In this article, we begin to look at the contributions from the international field of standardization which culminated in the creation of the ERM framework known as ISO 31000.

Enterprise Risk Management: A Primer for Business Leaders – Part III (Evolution of the Corporate Risk Management Function and the Dawn of ERM, 1990 to 2020)

11/5/2019

Until the 1990s, few business leaders thought of risk management as something broader than the procurement and administration of corporate insurance. In this article, we discuss the challenges confronting the new field known as Enterprise Risk Management (“ERM”) since it has started to emerge over the last 30 years.

Conversations on Risk Management with David Gauntlett: Part II

11/5/2019

David Gauntlett joins us for a conversation on the intersection of intellectual property, insurance and risk management. In Part II, David explains how insurance and IP are uncontestably married to each other.

Enterprise Risk Management: A Primer for Business Leaders – Part II (Evolution of the Corporate Risk Management Function – 1976 to 1990)

10/9/2019

Until the 1990s, few business leaders thought of risk management as something broader than the procurement and administration of corporate insurance. In this article, we explore the origins of the new field known as Enterprise Risk Management (“ERM”) and the value of the traditional risk management community to ERM.

Risk: A Primer for Business Leaders – Part X (Complex Risk and Metacognition)

6/7/2019

Because few things are certain, good leaders value expertise and the process of building expert knowledge through fact-based thinking. They embrace the scientific method of gathering, evaluating and analyzing information, and then embracing collaborative review of past experiences and knowledgeable authority for use, study or refutation.

Risk: A Primer for Business Leaders – Part VI (Appreciate Uncertainty)

2/15/2019

Risk is a seemingly simple word that confounds most organizations when it comes to achieving strategic outcomes. We prefer the word uncertainty. Uncertainty includes strengths, not just weaknesses. Appreciating our strengths helps increase the probability and magnitude of good things happening or what we call positive risk.

Is Truth Just a Better Lie? (Part II)

10/7/2018

Doc Hall returns to our newsletter with a thought-provoking three-part essay on the risk of thinking we know the truth of things. Part II challenges us to keep improving our systems for learning.