a key building block of efficient and effective enterprise risk management synopsis This post describes how to structure and populate a good risk register. I will describe the key components, how they interlink and the recommended information requirements. the risk register – what is it? When you internet-search the term “risk register”, plenty of examples… Continue reading the risk register
… volume and complexity of risks … increasing extensively … 2020 The State of Risk Oversight, NCS … less than 20% of organizations view their risk management process as providing important strategic advantage … 2020 The State of Risk Oversight, NCS I look at the these two NYS Poole messages with a lot of optimism.… Continue reading ISO 31000 and ERM
background I have blogged about the roll-out of the COSO ERM update back in 2017. In 2018, ISO updated their well-known risk management standard, too. Since then, I’ve spent considerable time studying and using both standards. Hence, I now feel comfortable and confident to share my opinion about those two well-known ERM frameworks. In other words, bienvenu… Continue reading THE COSO vs ISO SHOWDOWN
“The Making Of” Several listeners have asked me to talk about the technicalities of podcasting. This blogpost summaries my approach of preparing, recording, editing and publishing the Megrow podcast. As a general rule, I strive to combine a decent quality outcome with the use of relatively modest hard- and software. Note though: many roads lead… Continue reading Megrow Podcast: Episode 5
the intro Thank for reading the (almost) verbatim script of the recently released Megrow Podcast Episode 4. If you prefer listening to it, click on this link or the image just below. Otherwise enjoy the reading. This episode, the forth one I’m releasing in 2019, is a little different from my previous ramblings. My favorite… Continue reading Megrow Podcast Episode 4
Heading Into Year 5 Megrow Consulting has turned four. A big “THANK YOU” to all clients, business partners, advisers, service providers and supporters for another fruitful year! Time really flies. Sometimes it is hard to believe that Megrow now is in its fifth year of operation. I am also quite humbled by the high click-rates… Continue reading Happy Birthday Megrow!
Episode 3 of the Megrow Podcast is live ! It focuses on the tangible benefits that good ERM brings to a company. If you like to listen to the video podcast, click the embedded link below. However, if you like to read the (almost) verbatim script, just scroll down and enjoy. The Script of Episode… Continue reading Megrow Podcast: Episode 3
Dr. Dennis Bessant, Specialist Advisor to Megrow, wrote this article in June 2019. the golden age of the internet Robert K Merton, an American sociologist, popularised the “the law of unintended consequences” in the 20th century; it says that actions always have effects that are unanticipated or not intended. What has a visionary social scientist… Continue reading CyberRisk: To Insure or To Ensure ?
I wrote about the “ideal” CRO Superhuman almost a year ago in a blogpost. Interestingly, this topic remains an evergreen. During almost all conversations about ERM sooner or later the question about the CRO’s ideal skill set come up. the decathlete In my earlier blog, I used the “decathlete” analogy quite frequently. Whilst this analogy… Continue reading The Superhuman CRO
Episodes Released I’m very pleased to announce the release of Episode 1 and Episode 2 of the Megrow Podcast. The Podcast is hosted on Megrow’s YouTube channel. I aptly named it the “Asia Risk and Opportunity Podcast” or “AROC” for short. Episode one is a general, introductory episode explaining the why / what / how: Episode… Continue reading The Megrow Podcast is LIVE!!!