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Columbia University has awarded me a Dean's Grant to assess advancements in ERM practice and Risk Governance. This survey is designed to evaluate current and planned advanced practice in ERM Risk Governance. The results from this survey will be used…
“We screwed up”. Michael Horn, head of VW’s US operations, offered a stark apology and admission of cheating on diesel emissions. “Our company was dishonest with the EPA, and the California Air Resources Board and with all of you” was the confession…
"I completely disagree! Weak internal controls and a lack of accountability leads to control failures. Read How COSO destroyed Risk Management! This is a travesty that should not be acceptable nor ignored. COSO has irreparably damaged the…"
http://corporatecomplianceinsights.com/how-coso-destroyed-risk-mana... have published an article with Corporate Compliance Insights on COSO and risk management. I would like to get this groups opinion on the article: Pros and Cons and hear…
"Very thoughtful post Jerome and your other points about the shape of risk is too often ignored or not understood in the risk community. Keep up the great discussion and look forward to hearing more for each of you."
"Experience does help but what if it is the wrong experience. Experience alone is part of the problem. Athletes with experience don't always develop into good players. That is why only 5% of the best athletes become professional.
Bad experience,…"
Bad experience,…"
"Well said Frederick! For those who are concerned about becoming quantitative risk managers there is a large database of GRC tools available and access is free! http://thegrcbluebook.com
Microsoft Excel also has a variety of tools available if are…"
Microsoft Excel also has a variety of tools available if are…"
"The best education is the one that most risk managers do not receive. Mathematics, statistics, probability, physics, and the full body of research from economics on making decisions under uncertainty. Frank Knight, Herbert Simon, Dan Kahneman and…"
"Thanks Gloria, you give me too much credit. I will be glad to share what i have and would like to stay in touch as your research projects continues to advance.
Regards,
JAMES"
Regards,
JAMES"
"Thank you Amitabh for reaching out! Sorry it took me so long to respond.
James Bone"
James Bone"
"GRC%20PPT%20TEMPLATE%20James%20Bone%20The%20Dangers%20of%20Heuristi...
This is a very interesting article Gloria and congratulations on your PhD. I agree and recently gave a presentation on similar research (there is a large and growing base of…"
This is a very interesting article Gloria and congratulations on your PhD. I agree and recently gave a presentation on similar research (there is a large and growing base of…"
A new renaissance in risk managementSocial media sites have become a hot bed for thought leadership on a range of topics including risk, audit and compliance. The article, "A new renaissance in risk management", captures the essence of those…
"Congratulations on the 3 year anniversary of the Global Risk Community! The Almanac and the growth in membership is testament to a thriving risk management community and the leadership you have shown.
Keep it going for many years to come!…"
Keep it going for many years to come!…"
"As a point of reference the FSA backed tracked on principles based regulatory guidance soon after the 2008 financial markets collapse.
The main difference between principles based and rules based risk management is that principles-base risk…"
The main difference between principles based and rules based risk management is that principles-base risk…"
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I appreciate your insights on my study. As a neophyte like me entering the scholarly environment, I am tickled pink for feedback coming from a well known speaker and researcher like you. I am very interested to know more on cognitive auditing since my concentration on research topics are on forensic auditing, governance, risk assessments, and other related topics.
Thank you again.
Gloria