Enterprise Compliance Today

Understanding ERM: 7 Guiding Principles for Successful ERM

Posted by Greg Carroll on Fri, Jun 13, 2014 @ 01:30 PM

The Dept of Defence assesses capability in 7 categories: Purpose, Environment, Organisation, People, Process, Data, and Material. Below I have used this methodology to lay out the guiding principles for achieving a successful Enterprise Risk Management (ERM) system.

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Tags: Best practices, risk management, risk culture

The "Risk Culture" Myth 2: Roadmap to a Practical Risk Culture

Posted by Greg Carroll on Fri, May 09, 2014 @ 09:55 AM

The Risk Culture Myth isn't anti risk culture but that it's been hijacked to a belief system. In this 2nd article on the Risk Culture Myth I attempt to re-position Risk Culture back to it its original practical intent.

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Tags: Best practices, risk management, risk culture

The “Risk Culture” Myth

Posted by Greg Carroll on Thu, Apr 24, 2014 @ 11:31 PM

Risk Culture is the greatest myth perpetrated on business since the Y2K bug. Just like Y2K, an industry has now grown up around it assisting companies to improve their “risk culture”. The problem with “risk culture” is that it has been hijacked from its original practical intent to now being an impossible (and unrequired) philosophical pursuit.

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Tags: Best practices, risk management, risk culture

Free Excerpt: Mastering 21st Century Enterprise Risk Management

Posted by Greg Carroll on Wed, Mar 12, 2014 @ 08:48 AM

My book providing the best of parts of my 2013 webinar series... plus an addendum with nuts-and-bolts guidance is now available thru Amazon.com.

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Tags: Best practices, risk management, risk aggregation, Company News

Where to start your Enterprise Risk Management (ERM) system

Posted by Greg Carroll on Fri, Feb 14, 2014 @ 10:02 PM

Contract Management has all the same components.  Financial, Operational and strategic risks, surveillance and KPIs, opportunity and threat management, and most importantly, easily understandable methods of aggregation. 

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Tags: Best practices, corporate governance, risk management, contract management

Managing Enterprise Risk Like a Bomb-Disposal Squad (3 of 4)

Posted by Greg Carroll on Fri, Sep 20, 2013 @ 03:00 AM

The point of enterprise risk management is to avoid and minimize disasters, not wait for them to happen. (Third in a series of 4 articles)

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Tags: Best practices, risk management

Are You a Risk-Averse Risk Manager? (2 of 4)

Posted by Greg Carroll on Fri, Sep 13, 2013 @ 05:01 AM

What worked well 20 years ago in ERM is no longer good enough to keep you on top. (Second in a series of 4 articles)

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Tags: Best practices, risk management, risk culture

Sept 2013 Webinars: Mastering 21st Century Enterprise Risk Management

Posted by Greg Carroll on Fri, Aug 30, 2013 @ 07:00 AM

 
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Tags: Best practices, risk management, Company News

What Sarah Connor (of "Terminator") & I Have in Common

Posted by Greg Carroll on Fri, Aug 16, 2013 @ 09:22 AM

While we were having coffee, the world changed... and risk management practices need to change yesterday

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Tags: Best practices, corporate governance

3-Minute Guide to Enterprise Risk Management (1 of 4)

Posted by Greg Carroll on Fri, Aug 02, 2013 @ 08:25 AM

Most know the principles of risk management, but are vague on implementation. There's no need for confusion. We can cover the basics in just 3 minutes. (First in a series of 4 articles)

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Tags: Best practices, risk management