Introduction In today’s complex business landscape, effective enterprise governance and risk management are crucial for organizations to thrive. The interplay between these two functions can determine the success or failure of a compliance culture within an organization. This article will delve into the key factors that influence the relationship between enterprise governance and risk management, …
Category archives: Leadership for Risk Managers
Do You Practice Evidence-Based Management
In a previous post, I mentioned evidence-based management and I thought additional information would be helpful. Evidence-based management is best defined as gathering all the information possible to make an informed decision. We make decisions in our personal and work lives through a wide variety of lenses. For example, in our work lives, decisions are …
Continue reading “Do You Practice Evidence-Based Management”
Sorting through fake news for real news!
I got caught the other day sharing a study on how the coronavirus spreads when you run, however it turns out the study is not a true scientific study, just conjecture. Fortunately I could correct the sharing of the fake news rather easily, however it highlighted in todays world, , how easy it is to …
Social Capital
Separating the culture of compliance into people and process If you were given two options, a 2% or 8% improvement in your risk management processes, which would you choose? As with everyone else in any organization, risk managers are expected to deliver more and get more from their current resources. We’re expected to deliver more …
Trust and Risk Managers
It goes without saying that the integrity of any process is dependent upon the amount of trust everyone has in the process. So, the question I have is; what is the level of trust whether it’s those being supervised or those doing the supervision in any risk management program? I’ve always assumed that as a risk …