QUANT RULES QUAL

A GOOD RISK REGISTER NEEDS NUMBERS! Megrow podcast, episode 21 Quantifying risks, i.e. making a tangible, quantified statement about the expected severity and likelihood is difficult. I raved about the topic previously. Organisations often resort to a combination of the following approaches: qualitative statements, such as “severe” or “negligible” or “possible” risk matrixes plotting each… Continue reading QUANT RULES QUAL

A RISK REGISTER NEEDS NUMBERS

NUMBERS MATTER A LOT Organizations often spend great efforts in Enterprise Risk Management. Risk register, risk governance, risk reporting … all is there. Occasionally though, one very important aspect of effective ERM, appropriate risk quantification doesn’t quite get the attention it needs. A risk register needs numbers! In one of the most popular blogposts that… Continue reading A RISK REGISTER NEEDS NUMBERS

The Master ERM Recipe

THE ONE AND ONLY ERM RECIPE YOU EVER NEED A while back, I spent an intense day with post-graduate students at the Nanyang Business School in Singapore. We talked a lot about embedding ERM into strategy and business planning.  Towards the end of the day, we shared a summary slide. Much to my surprise, this slide caused an intense photo-snapping frenzy. Obviously,… Continue reading The Master ERM Recipe

ERM ENABLES ESG

how good ERM enables your ERM strategy I pick up the proverbial trail from our April blogpost trying to make a connection between ESG and ERM. Specifically, I outline a set-up in which ERM enables ESG. WHAT IS ESG? ESG finally is getting the attention the topic deserves. The concept was developed a few decades… Continue reading ERM ENABLES ESG

loss control & strategic enabler

Good ERM is loss control & a strategic enabler Thank you for reading this most recent post in our “ERM in 3 Minutes Knowledge Series” (previous posts here). In this blog, I reemphasize that a solid and well-run ERM framework must cover the downside and the upside aspects of uncertainty. Megrow’s clients, readers of this… Continue reading loss control & strategic enabler

Insurance and ESG: challenges and opportunities

INTRO Finally, for all the right reasons, ESG has gained the attention the topic deserves. In this post, I look at Insurance and ESG from a change management perspective. How can an insurer approach and manage the challenges and opportunities that ESG creates? If you prefer to watch a videocast of this blog, then head… Continue reading Insurance and ESG: challenges and opportunities

My LinkedIn SSI

INTRO I have been more active on LinkedIn in 2020 than ever before (does that surprise anyone?). Hence, my Social Selling Index (“SSI”) on the platform must have sky-rocketed! Full of confidence I checked the numbers late 2020 and was quite surprised (or not, actually) with the results. A few years back, a fellow alumna from… Continue reading My LinkedIn SSI