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Risk Management discussions.

Today i discussed risk managemnt in commercial banks with head of PhD board of scientists in Kyrgyzstan. She found my research paper as a quite interesting direction of research, so i am a little bit satisfied.

Anyone who wants any advice in PhD can apply to me in KG :)

 

 

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Human Capital Risk Management-What’s Missing?

Tony Ridley

 

In spite of the considerable investment and development around the preservation of assets and the mitigation of risks across conventional corporate assets such as facilities, information, equipment and products, the same methodology and motivation remains far less advanced in regards to human capital.

Before any organization even explores risk management strategies for their human capital it is fundamentally important that they first determine the value at risk. Not only is it a case

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Tony Ridley

 

Volcanos that erupt and disrupt the world’s travel plans don’t happen every day but travel disruptions and threats to travelers do. It often takes a dynamic or amplified event to display just how much planning and oversight goes into day-to-day risk management, in order to reveal just how ineffective the process may be overall.


Travel buyers have admitted that the volcano eruption in Iceland has taken a substantial bite out of their 2010 travel budget, if a new survey is to be believe

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Tony Ridley

As a global business executive, I  know first hand the demands of travel. I spent more than 120 days out of the year on the road, and have supported the traveling workforces of clients every day. So how do I stay connected? Here are my thoughts on the best apps for  Android smart phones – a critical tool for helping me stay in touch and on top of things while traveling.

Iphone.jpg“Like most people I use my smart phone as both a communications tool and mini computer while traveling or on the road

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Tony Ridley

nternational events such as major product launches, corporate meetings, annual or regular sporting events continue to fall outside the standard methodology and practices of risk and people risk management. Many organizations and individuals, also fail to anticipate or include this in travel risk management strategies for leisure or non-corporate travel.
The bigger the event; often the greater lack of oversight. Many organizations and planners have gotten themselves into what they cons

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What a year! GlobalRisk Community has been launched in 2010, and now we connect almost 3000 professionals worldwide. We want to thank you for your active participation, continued support and thoughtful feedback about everything we’ve been doing.
We have even more in store for 2011!
Vote for the Best content on our site published in 2010 by placing your comments to this blog post. Has there been any one, single, discussion, blog post, comment which is clearly the best of th
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These surveys were commissioned by COSO and conducted in partnership with two outside organizations. The first survey sought input directly from over 200 corporate directors to obtain deeper knowledge of the current state and desired future state of the risk oversight process as it is applied by boards of directors. Board members were divided on the effectiveness and maturity of their processes and efforts, according to the survey. While 53 percent of participants rated the risk oversight proce
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Is it Better to be Lucky than Smart?

It certainly is cheaper and easier. But is it BETTER?


The main difference between lucky and smart is that smart is more likely to be able to repeat than luck.

But I think that there are two different types of smart, and one is much better than the other.

  • The first type of smart is able to discern patterns and trends. This type of smart can do momentum trading. They figure out what worksin this phase of the cycle of the part of the world that they are in andthey discern how to take advantage of one
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Using TurboHercules for Disaster Recovery

“Be Prepared” applies as much to a good disaster recovery plan as it has ever applied to the Boy Scouts. One aspect of the preparation involves the generation and verification of an up-to-date set of backup tapes. This article explains the TurboHercules mechanisms for keeping your backup tapes and backup machine up-to-date and ready to go in the event of an outage of your mainframe. Download the PDF

The Problem

Mos

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“Be Prepared” applies as much to a good disaster recovery plan as it has ever applied to the Boy Scouts. One aspect of the preparation involves the generation and verification of an up-to-date set of backup tapes. This article explains the TurboHercules mechanisms for keeping your backup tapes and backup machine up-to-date and ready to go in the event of an outage of your mainframe. Download the PDF

The Problem

Most mainframe sites create regular backups of the data and programs on their mainframe

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Identity and Access Management (IAM)

Identity and Access Management (IAM) – Thoughts

It’s high time for big enterprises to realize the importance of identity and access management (I&AM) technology as an integral part of their security footprint. Even though I&AM is in the limelight for quite long time, still I believe it’s a relative new term that means different things to different people.

What is Identity and Access Management (I&AM)?

As Wikipedia says, “Identity management or ID management is a broad administrative area that deals

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If you do a Google search on ‘Cloud Computing Security’ you will get about 13,600,000 results and that’s too much of information for anyone to start. So let’s try to summarize the information keeping in mind of CSO’s concerns on cloud computing.

What is Cloud Computing?

In simple words, ‘Cloud Computing' is a collection of Internet or private-network based services, providing users and devices with scalable & economical (pay-as-you-go) information technology capabilities. The services offered by t

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Intermission on the Stage of World Finance

The G-20 Summit is over and the US has walked away without a major commitment. From the US perspective this has been a failed summit. The remaining G-19 member’s outlook could be interpreting this as a success. Our developed and emerging nations economic partners stood up to the minimum demands of the United States. It will not be the last time this outcome occurs.
As recent calls from various interests for a return to a global gold standard, US quantitative and non-quantitative easing proposals,
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Enterprise Risk Management Software made smarter and friendlier....

Riskware is a multi-award winning Enterprise Risk Intelligence software application.

Never before have so many features been available in one application to help organisations better manage their governance, risk and compliance (GRC) legal and organisational obligations.

Typically, GRC work is performed by various business units working with various risk methodologies contributing to multiple risk mitigation strategies resulting in

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Arup. We Shape a Batter World.

We are an independent firm of designers, planners, engineers, consultants and technical specialists offering a broad range of professional services.

Through our work, we make a positive difference in the world.........

We shape a better world.

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Can you Risk your reputation ?

reputation

Executive Summary: Sometimes your reputation in the industry is everything for you. Reputation is sacrosanct and hence any risk to the reputation of the company is considered high


I worked at Sony for many years. For a company such as Sony, the brand reputation is sacrosanct. Which means any incident or event which will bring bad name to the company will be considered a “high” risk event. This is much more accentuated because the company is Japanese .


For example a pharma company makes a mistake w

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Understanding Risk

There's a lot of nonsense about risk and complexity at the moment, notwithstanding the good work by a few people.

Let's remember that at the heart of things there are people, experts, stakeholders, employees and communities. Everybody shares a little bit of information about what has happened, what will happen, what we need to watch out for, and for any given situation, what we need is a multi-level open discussion with everybody involved. The conversation needs to be a structured, balanced, coll
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Preparing Annual Risk Management Strategy

Organizations would be focusing on preparing the risk management strategy and plan for 2011 as it is the last quarter of the year. Normally, Chief Audit Executives, Chief Risk Officers, Head of Internal Audit, Chief Information Security Officers, Head of Compliance, Head of Ethics and Head of Fraud Risks are very busy in the last quarter finishing off the year-end targets, objectives and key performance indicators. The next year strategy is developed from the previous year reports, observations,
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On the surface at least, it’s hard to take away positives in the wake of the financial crisis. Yes, it taught us that we have to manage risk better, improve processes and become more transparent. But it’s the regulators globally that seem to have taken these lessons closely to heart.


With some banks still struggling to conform to Basel II requirements, Basel III is being hotly debated. It will force banks to hold more capital, and many argue that this will bring the end of ‘cheap money’. In the U

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What exactly is complexity management? Why should businesses care about it? How does it compare with risk management that is currently practiced? These are some of the questions we explore in the set of 2 articles below. A third article which is a sort of a recipe for complexity management is currently "in-press" and will be following shortly.

Comments from experts and practitioners most welcome.

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Views: 104
Comments: 1

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