Steven Minsky's Blog – March 2013 Archive (2)

ERM Approach to Vendor Risk Management

What the Great Wall of China can teach us about Vendor Risk Management

vendor risk management approach is all about creating centralized standards that transcend business silos, which is very different from the approach taken in traditional vendor management…

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Added by Steven Minsky on March 20, 2013 at 2:30pm — No Comments

TSA adopts Enterprise Risk Management

Risk management is not about absolutes, it is about using a consistent analysis framework for balancing risk and cost on a common basis across the enterprise. Yesterday's announcement by the Transportation Security Administration (TSA) of their adoption of a risk-based approach is a long awaited practical…

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Added by Steven Minsky on March 7, 2013 at 4:30pm — No Comments

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