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

The Megrow Podcast is LIVE!!!

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!!!

ERM – More on the Benefits

constant dripping wears away the stone I’m constantly praising the tangible business benefits of good ERM. A number of blogposts here and on other social media are testimony to this. Until a few month ago, I felt like the proverbial “lonely prophet”. A lot of ERM-related publications had a distinctive retro- / crisis-touch to it… Continue reading ERM – More on the Benefits