Steven Minsky's Blog – October 2012 Archive (5)

Hurricane Sandy and the RIMS ERM Conference 2012

This week I faced the ultimate personal test of my risk management skills, where I had to soul search “do I practice what I preach as an ERM expert.”. Sunday, the night before the storm of the century Hurricane Sandy hit, I had tickets to fly to Texas as a speaker and expert on ERM. What would become of my home and family? Had I applied the same risk principles in my work as a CEO of the leading…

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Added by Steven Minsky on October 31, 2012 at 7:00pm — No Comments

ERM Compliance and Enforcement

In my last blog and On-Demand Webinar “Presenting Risk Management to the Board,” I was asked for help identifying…

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Added by Steven Minsky on October 25, 2012 at 4:00pm — No Comments

Presenting Risk Management to the Board

The first shoe to drop was government regulations holding the Board of Directors personally responsible for the effectiveness of enterprise risk management programs at their organizations. Boards are given a choice between proving their risk management programs are effective or disclosing their ineffectiveness in risk management to the public. If they do…

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Added by Steven Minsky on October 9, 2012 at 1:30pm — 1 Comment

Poor Risk Management and Stinky Diapers

chemical plant explosion in Japan on Sunday shows the consequences of poor risk management in a really personal way. The Nippon Shokubai Co. produces a chemical that is a critical link in the supply chain for one-fifth of all the world's…

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Added by Steven Minsky on October 2, 2012 at 9:30pm — No Comments

How to Consolidate Compliance Risk Assessments

The National Credit Union Administration (NCUA) by mandate has added …

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Added by Steven Minsky on October 1, 2012 at 1:00pm — No Comments

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