All Posts (6122)

Sort by

A form of external beam radiation therapy known as proton radiation therapy uses hydrogen (proton) ions as the main treatment beam. Because all protons have the same positive charge, magnetic fields can affect them. By employing a particle accelerator, the protons are accelerated and transformed into charged particles.

10839004096?profile=RESIZE_710x

They are inserted into the patient's tumour after being charged with energy and guided using magnetic fields. Despite being created in the 1920s, proton radiation treatment has onl

Read more…

Are you prepared for a whistleblower?

 
Society of Corporate Compliance and Ethics
Encouraging, Managing, and Integrating Employee Reporting | November 10, 2022 | Virtual

Learn how to create a “speak up” culture and what to do with what you hear

Columbia University recently took a nosedive in the popular US News and World Report annual college rankings, dropping from #2 to #18 due to questions about their data. The DOJ just announced that Bayer Corporation, a manufacturer of pharmaceutical products, has agreed to pay $40 million to resolve allegations of False Claims Act violations.

What do these two recent incidents have in common? A whistleblo

Read more…

Map It

You have your top-notch RAS and you are ready to devolve decision making by operationalising it. My number one tip for operationalising your RAS comes from reading a book first published in 1946. It is called Administrative Behaviour, A Study of Decision-Making Processes in Administrative Organisations by Herbert A. Simon. Simon is a Nobel Prize winner, no less.

To summarise his book in a nutshell. An organisation is formed to fulfill a purpose. People in the organisation make decisions to act or

Read more…
Views: 97
Comments: 0

Importance of Data Risk Intelligence

10834799052?profile=RESIZE_710x

In this week’s blog post, we’re sharing insights based on our latest interview with Glen Day, Founder & CEO of NVISIONx, the first data risk intelligence platform that fuses business data and cyber intelligence, empowering companies to gain complete control of their enterprise data and its risk.

Our topic for today is the importance of data risk intelligence and how organisations can be one step ahead of the risks and challenges of cybersecurity.

Actionable Tips to Prevent Cyber Attacks

Even compan

Read more…
Views: 100
Comments: 0

Hello Global Risk Community member,

I am writing to share with you how one of the largest privately-owned direct mortgage lenders in the United States was able to integrate continuous and real-time risk intelligence to enhance its Third-Party Management (TPM) function.
 
For more than two decades, New American Funding (NAF) has consistently focused on leveraging the latest technology to streamline operations and develop a highly efficient lending process to power its industry-leading loan closi

Read more…

Rolling Out – Craps

Craps is a gambling game using dice. It became well-known to me from the Hollywood movies of mid last century when players gathered around a Craps table and rolled and cheered or expressed their frustration at loss after loss.

Before you start rolling out your Risk Appetite Statement (RAS), and devolving decision making to evolve your organisation, as I wrote last week, you need to consider the quality of the RAS you have to roll out.

If you have ever seen those Hollywood movies when they play Cra

Read more…
Views: 135
Comments: 0

Archer got together with Alex Sidorenko, FERMA Risk Manager of the Year 2021, RIMS International Honoree 2021, to create this practical bootcamp designed to help companies implement quantitative risk management that pays for itself.

Imagine saving the company so much money that investing in risk management competencies and resources becomes a no brainer for the executives. Well, that’s exactly what Alex did at a global $10B chemical company and he has been kind enough to share his top tips and le

Read more…
Views: 160
Comments: 0

Just as electrification replaces technologies that use fossil fuels with those that use electricity, Chancification replaces computations based on deterministic numbers with those based on probability distributions.

Just as non-experts can illuminate light bulbs with electricity generated by power engineers, Chancification will allow everyday managers (even those suffering from Post-Traumatic Statistics Disorder, or PTSD) to illuminate uncertainty and fix the Flaw of Averages with stochastic libr

Read more…
Views: 163
Comments: 0

Annual virtual RISK AWARENESS WEEK is back from October 17, with over 40 workshops sharing the latest in risk management thinking. The five-day-long schedule includes sessions from 32 of the best risk management 2 and decision making practitioners in the world, sharing everything from practical case studies to model demonstrations.

With just few weeks to go, we spoke to past attendees who shared why they think you should attend this year’s #RAW2022.

Learn from the experts

“Majority of presenters ar

Read more…
Views: 170
Comments: 0

 10831513487?profile=RESIZE_710x

 Obtaining the title of Most Innovative Company of the Year is the aspiration of the vast majority of businesses.

In addition to selecting the most innovative companies of 2014, Boston Consulting Group's (BCG) innovation-focused research in 2014—consisting of more than 750 businesses in 17 diverse markets—revealed a number of surprising findings.

Clearly, the organizations that led the Innovation ranking utilized a methodical approach to managing Innovation. The study indicated that culture is a

Read more…

Cloud computing has been making waves in the tech world for the past several years. It’s no wonder why; this fast-growing technology is quickly becoming the future of IT. In fact, cloud adoption is expected to increase by leaps and bounds over the next few years.

Cloud Computing

Consequently, more and more businesses are moving their applications, data, and services to the cloud to take advantage of its numerous benefits.

 So what exactly are the benefits of cloud computing?

Let’s take a look.

Cloud-Based Storage

Th

Read more…
 
Society of Corporate Compliance and Ethics
21st Annual Compliance & Ethics Institute • October 16-19, 2022 // Phoenix, AZ • October 17-19, 2022 // VIRTUAL

We hope you’ll join us!

Society of Corporate Compliance and Ethics® (SCCE®) invites you to our largest educational and networking event for compliance and ethics professionals across the globe, the Compliance and Ethics Institute. Whether you’re looking for insights on emerging trends, connections with experienced practitioners and solution providers, an opportunity to expand your network of peers, or all of the above, this event is for you.

Choose from a variety of sessions organ

Read more…

Automated risk assessment in any organization replaces manual duties with computerized technologies and improves efficiency with accuracy.

Many corporate executives are generally focused on increasing income and prospects for expansion, but they are not as focused on minimizing and assessing risk, progressively changing as time passes. Businesses can't afford room for mistakes, specifically when all the other parties are involved, as it could result in significant lost profits for their firm.

On t

Read more…

Organizational resilience is surprisingly strange. It is not nearly as clear-cut and straight-forward as we typically believe. It is full of tensions and paradoxes, most of which have been overlooked, and few of which anyone has begun to carefully address.

In particular, leaders at all levels may have to actively surrender a great deal of control during times of great change, exactly the times where they will be tempted to ‘grab the reins’ most forcefully.

In this talk, Dr. David Lindstedt discuss

Read more…
Views: 99
Comments: 0

Some California utilities have been in the headlines for all the wrong reasons – including the 2010 San Bruno gas pipeline explosion that killed 8 people, the 2015/6 leak from Aliso Canyon gas storage, the 2018 Camp Fire that destroyed the town of Paradise, plus the Dominion Pipeline ransomware cyberattack that cut gasoline supply to the US Northeast.

The California Public Utilities Commission requires utilities to quantify these risks using risk-spend efficiency (RSE) to prioritize mitigations b

Read more…
Views: 73
Comments: 0

3 steps to make your business more resilient

Picture1.png?resize=730%2C228&ssl=1https://i0.wp.com/riskacademy.blog/wp-content/uploads/2022/08/Picture1.png?resize=300%2C94&ssl=1 300w, https://i0.wp.com/riskacademy.blog/wp-content/uploads/2022/08/Picture1.png?resize=150%2C47&ssl=1 150w, https://i0.wp.com/riskacademy.blog/wp-content/uploads/2022/08/Picture1.png?resize=768%2C240&ssl=1 768w, https://i0.wp.com/riskacademy.blog/wp-content/uploads/2022/08/Picture1.png?resize=1536%2C480&ssl=1 1536w, https://i0.wp.com/riskacademy.blog/wp-content/uploads/2022/08/Picture1.png?resize=20

Read more…
Views: 126
Comments: 0

Mental Health Has Become a Business Imperative

 
Josh Bersin
 
August 29, 2022
 
Source:
 
MIT SLOAN
MANAGEMENT REVIEW
 
2022_0808-Bersin-Mental-Health-1290x860-1.jpg
 

Of the many issues we have faced throughout the past two years, perhaps the most surprising but important is mental health. Studies now show that nearly 81% of workers face some form of burnout or mental health issue, and 68% of employees say their daily work has been interrupted by these challenges.1

Health care is one of many industries, along with retail, transportation, and hospitali

Read more…
Views: 84
Comments: 0

Boost Employee Confidence and Inclusion by Creating Voice Space

New research finds that building employee confidence is key to inclusion and provides insights on how to enhance inclusion at an actionable level in the workplace.

 Bejoy Philip and Dana Kaminstein

 August 25, 2022

 Source: 

MIT SLOAN

MANAGEMENT REVIEW

2022_0726_Philip_Voice-1290x860-1.jpg

Amid the Great Resignation, leaders are clamoring to retain and attract a diverse workforce while many managers are struggling with how to lead inclusively. In McKinsey’s research on that to

Read more…
Views: 75
Comments: 0

New Delhi : The NEP, 2020 has now made it mandatory for K12 students to get indulged in Experiential learning like #RoboticsSTEM Education, AI, IoT, 3D printing, #Design_Thinking, Entrepreneurship, and Coding in schools. To equip the schools with the setup required to nurture students. STEMROBO Technologies, one of India’s leading Ed-tech start-ups focusing on fostering innovation skills amongst K-12 students, has announced to set up ‘Showcase Schools’, an end-to-end ecosystem ensuring the hol

Read more…

Devolve to Evolve

In their McKinsey article “Decision-making: how leaders can get out of the way”, Iskandar Amino, Aaron De Smet and Kanika Kakkar highlight the need to devolve decision making for organisations to become more agile. One thing they did not mention was that devolved decision making needs communication about the organisation’s appetite for risk in certain areas of the business. In enterprise risk management terms, that means operationalising a Risk Appetite Statement (RAS).

I have written frequently

Read more…
Views: 77
Comments: 0

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead