Manage Tomorrow's Surprises Today

ERM: 5 Steps to Success

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By Steven Minsky on May 20, 2013 7:22 AM 0 Vote 0 Votes
Most agree that working from the top down, meaning to first identify corporate objectives, then focus on the details of how to achieve them is what most managers wish they could be doing more of. However, the reality is most... Read More..
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ERM vs GRC: Which adds more value?

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By Steven Minsky on April 30, 2013 7:00 AM 0 Vote 0 Votes
Businesses began with Enterprise Risk Management (ERM) from the dawn of civilization. The first businesses were small and therefore one person knew all their customers, suppliers and processes. They knew all the risks within their business how they were connected... Read More..
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3 Steps to a Compliance Risk Management Approach

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By Steven Minsky on April 2, 2013 7:30 AM 0 Vote 0 Votes
Federal and state regulatory compliance requirements have grown exponentially and touch all operational areas. Compliance has become very complex and expensive with extensive new regulations, multiple overlapping information sources, and operational impacts that are difficult to identify and track. Financial... Read More..
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ERM approach to vendor risk management

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By Steven Minsky on March 20, 2013 9:35 AM 0 Vote 0 Votes
What can the Great Wall of China teach us about vendor risk management? An vendor risk management approach is all about creating centralized standards that transcend business silos which is very different than the approach taken in traditional vendor management software.... Read More..
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TSA adopts Enterprise Risk Management (ERM)

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By Steven Minsky on March 7, 2013 10:30 AM 0 Vote 0 Votes
Risk management is not about absolutes, it is about using a consistent analysis framework for balancing risk and cost on a common basis across the enterprise. Yesterday's announcement by the Transportation Security Administration (TSA) of their adoption of a risk-based approach is... Read More..
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Continue reading TSA adopts Enterprise Risk Management (ERM).

Streamline enterprise risk assessments: More value, less Work: Free Webinar

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By Steven Minsky on February 5, 2013 12:52 PM 0 Vote 0 Votes
Looking back over my most popular blogs, there was a lot of interest in 5 Steps for Better Risk Assessments and How to Consolidate Compliance Risk Assessments. Due to this interest I have created a complimentary 30 minute webinar on streamlining enterprise risk... Read More..
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Hurricane Sandy and the RIMS ERM Conference 2012

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By Steven Minsky on October 31, 2012 2:33 PM 0 Vote 0 Votes
This week I faced the ultimate personal test of my risk management skills, where I had to soul search "do I practice what I preach as an ERM expert". Sunday, the night before the storm of the century Hurricane Sandy... Read More..

Enterprise Risk Management Compliance and Enforcement

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By Steven Minsky on October 25, 2012 10:06 AM 0 Vote 0 Votes
In my last blog and On-Demand Webinar "Presenting Risk Management to the Board, "I was asked for help in identifying government regulations that hold Boards responsible for Enterprise Risk Management (ERM) compliance.Definition: First some background, the SEC Proxy Disclosure Enhancements rule defines ERM compliance as extending... Read More..

Presenting Risk Management to the Board

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By Steven Minsky on October 9, 2012 7:15 AM 1 Vote 0 Votes
The first shoe to drop was government regulations holding the Board of Directors personally responsible for the effectiveness of enterprise risk management programs at their organizations. Boards are given a choice between proving their risk management programs are effective or... Read More..
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Poor Risk Management and Stinky Diapers

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By Steven Minsky on October 2, 2012 3:29 PM 0 Vote 0 Votes
A chemical plant explosion in Japan on Sunday shows the consequences of poor risk management in a really personal way. The Nippon Shokubai Co. produces a chemical that is a critical link in the supply chain for one-fifth of all the... Read More..
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In this blog, risk expert Steven Minsky highlights the differences between traditional risk management and true enterprise risk management, which is about helping things happen rather than preventing them from happening. Manage Tomorrow's Surprises Today is designed to help you think about risk in new ways and learn how to benefit practically from this rapidly evolving field.

Steven Minsky

Steven Minsky is the CEO and Founder of LogicManager. the recognized leader of enterprise risk management solutions and is also the developer of the RIMS Risk Maturity Model for Enterprise Risk Management™. LogicManager provides a common, intuitive software-as-a-service platform of scientifically validated enterprise risk management decision and diagnostic tools for more effective corporate governance, risk and compliance.

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