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risk process

This tag is associated with 4 posts

What you’ve been waiting for

By ⋅ 20 August 2013 ⋅ 2 comments

Matthew Leitch asked me to summarise my last two posts about risk definitions. I said it would take 5 minutes, but as I scoped it out I realised that a lot was involved to provide a proper explanation. Eventually I developed Prezi presentation with a voiceover to cover the explanations. It’s very boring so I’m […]

Pedant’s Corner (2)

By ⋅ 1 July 2013 ⋅ 2 comments

This is the second post on risk definitions in the context of risk management standards.  Here we are moving on to risk governance, the outer level of the three risk management processes I proposed some time ago. In that previous work I suggested there should be three main components of a risk policy, the document […]

Fragility management

By ⋅ 25 March 2013 ⋅ Post a comment

I reviewed Nassim Nicholas Taleb’s book Antifragility with the promise to look separately at what the lessons might be for organisational risk management.  The answer is quite a bit, and this article will just be an initial high level view.  The thinking is developed pretty uncritically from the book.  There will be plenty of scope […]

Organisational risk taking – a simple view

By ⋅ 12 November 2012 ⋅ Post a comment

At the core of organisational risk management lies the question of what risks to run.  You know the organisation cannot achieve its purpose with certainty.  You know you can take steps to control risk – to some extent.  You know that your chance of success will be improved if you seek out and grasp opportunities.  And you think […]

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