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Top 5 risks for 2019.

Started Jan 14 0 Replies

1. Hanging on to the 3LoD concept2. Using last month's heat map for today's risk management decisions3. Still using colour rankings on a risk report and debating those a month later in…Continue

How often do you publish a formal risk report?

Started Oct 13, 2012 0 Replies

How often do you publish a formal risk reportMost risk reports are not only collated from historic "unclean" data, they are also only published monthly, that is 28 days too late; by the time these…Continue

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Boris Agranovich liked Risk Culture Builder's blog post 'The Future of Risk Management: Gamer boys and girls as Chief Risk Officers'
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Risk Culture Builder posted a discussion

Top 5 risks for 2019.

1. Hanging on to the 3LoD concept2. Using last month's heat map for today's risk management decisions3. Still using colour rankings on a risk report and debating those a month later in meetings4.Running a business with committees where decisions are syndicated and no one is really accountable5. Thinking to avoid, manage, mitigate, control or transfer risk will bring any reward#business #leadership #management #training #future #culture #sustainabilitySee More
Jan 14
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Risk Culture Builder commented on Risk Culture Builder's blog post 'The Future is here'
"https://www.linkedin.com/pulse/future-here-horst-simon-risk-culture-builder/"
Jun 4, 2018
Risk Culture Builder posted a blog post

The Future is here

Radical Risk ManagementIf you are still trying to Identify all the risks you are exposed to within the context of your business or spend endless hours converting historical data into useless risk reports in an effort to mitigate as much risk as possible for a green light on the road to taking less risk (for less reward); spending a fortune on controls and the digging of trenches for your…See More
Jun 4, 2018
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Risk Culture Builder and Asem Arafat are now friends
May 10, 2018
Risk Culture Builder posted a status
"https://www.linkedin.com/pulse/risk-culture-building-much-more-than-dream-fallacy-horst-simon/"
May 10, 2018
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May 10, 2018
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"https://www.linkedin.com/pulse/why-we-still-path-self-destruction-horst-simon-risk-culture-builder/"
May 10, 2018
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Profile Information

Tell us more about who you are, what you do and where you want to be. What are your main business challenges? (Tip: provide your current Job Title, Industry, company or/and paste your Linkedin profile here). Use as many relevant keywords as possible. Tell us what you can offer the community. What sorts of discussions, events, and activities you can participate in.
An ineffective risk management process serves no purpose and can significantly impact the financial health of any organization. As a non-revenue generating department, you are often asked to quantify your value and substantiate your budget requirements.Most organisations have to re-focus Risk Management in the aftermath of the global crisis and it is best to have an “outsider” to facilitate this process and bring a fresh perspective to the table.

My 1-Day EXECUTIVE MANAGEMENT RISK THINK TANK Workshop will review the requirements and key elements of an effective risk management program, including leadership support, strategic planning/direction and proactive risk mitigation strategies to build sustainable competitive advantage. You will gain ideas, concepts and tools that will help you to demonstrate how your program can be enhanced to incorporate the elements of an effective risk management approach, good risk governance and deliver an embedded Risk Management Culture.

http://ae.linkedin.com/in/horstsimondubai
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Risk Culture Builder

I am a dedicated Organisational Risk Management intelligence strategist and people risk mitigation expert who is passionate about organizational capacity building and development of talent. I have excellent executive management skills acquired in a number of highly focused executive and senior management positions in industry leading international banks. 30 years of adding value, pioneering new concepts and ideas and working for extensive periods in four different countries.Risk Management Consultancy services with a difference! my approach is based on constructive demolition—breaking down the silo’s within risk management that restrict effective risk mitigation and building the bridges that increase effectiveness to ensure sustainable competitive advantage.

Risk Culture Builder's Blog

The Future of Risk Management: Gamer boys and girls as Chief Risk Officers

Posted on August 15, 2019 at 9:31am 0 Comments

The world of risk management can no longer be ruled by the quants, they had their time of complicating something very simple and easy. The Future of Risk Management lies with the gamers.



When we look at formal risk management as we know it today, it is moving out of the teenage years and the make-up of the future Chief Risk Officers will be very different to the past of “quantified” risk reports, based on historic data and produced (normally too late) by one department in the…

Continue

The Future is here

Posted on June 4, 2018 at 7:00pm 1 Comment

Radical Risk Management

If you are still trying to Identify all the risks you are exposed to within the context of your business or spend endless hours converting historical data into useless risk…

Continue

Dead is the 3LoD!

Posted on April 25, 2017 at 12:13pm 0 Comments

We have to move on from this 3-lines-thinking, it is outdated, every employee is a risk manager and must manage the risks associated with his or her job on a daily basis, in an effective Risk Culture there is no need to "defend" it is just optimised risk management and taking more risk to get more reward and build sustainable competitive advantage. Those who are not good or do nothing to build an effective Risk Culture, will just be exploited by those who are better.

Great Risk Culture Building Session last week in Karachi with Senior Leaders of Dolmen Mall

Posted on April 24, 2017 at 2:21pm 0 Comments

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