Steven Minsky's Blog – January 2012 Archive (2)

5 ERM Steps to Prevent a Costa Concordia at Your Organization

The Costa Concordia, a Carnival Cruise Line owned ship, ran aground resulting in at least 6 deaths. This is a 4,000-passenger, 115,000 -ton cruise mega-ship, with the latest and greatest technology, as it is just 5 years old. As an Enterprise Risk Management (ERM) professional, my forecast is that we will learn over the next six weeks that this is not the first near miss for the Costa Cruises…

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Added by Steven Minsky on January 16, 2012 at 7:00pm — No Comments

How to measure your Enterprise Risk Management effectiveness

We are often asked for insight on business measures or KPIs for ERM programs to track overall progress and effectiveness. 

The key question for risk managers is: how do I measure the value ERM is delivering to my organization? 

The following are examples of measures that will quantify and measure the value your ERM…

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Added by Steven Minsky on January 4, 2012 at 7:00am — No Comments

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