Manage Tomorrow's Surprises Today

During a Department of Defense News briefing in 2002, Donald Rumsfeld encouraged his team to consider their blind spots when making decisions.To simplify Rumsfeld's categorizations of knowledge, if a person is able to ask themselves a question, and then answer... Read More..
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Last week, a "mistake" by the Environmental Protection Agency (EPA) caused "millions of gallons of pollutants" to overpower the Animas River in Colorado. The EPA, responsible for maintaining and protecting the environment, in fact did just the opposite.The Animas River before... Read More..
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Our society runs on technology. We all rely on smart phones, laptops, and iPads and other tablets, all of which are linked to one another via the internet and a multiplicity of software programs. Technology is embedded in our credit... Read More..
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Healthcare organizations manage an almost unimaginable amount of sensitive data, and industry experts say they aren't doing enough to protect it.For their 2015 Vendor Risk Management Benchmark Study, The Shared Assessments Program surveyed nearly 500 professionals for insight into risk management... Read More..
An in-depth investigation by the non-profit analysis organization RAND reveals that hackers and their attacks are maturing at a much more rapid pace than organizations' cybersecurity programs. Hackers now regularly and successfully plan sophisticated attacks to gain valuable information from large, well... Read More..
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In 2015, Amair Saleem was named the Global Risk Management Professional of the Year by the Institute of Risk Management. Saleem manages safety, risks, and regulations for Dubai's Roads and Transport Authority (RTA), which serves many of the same functions the... Read More..
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The Harvard Business Review's article "How to Live with Risks" reveals a common misconception that risk managers have about the sources of their risks, and how they should be conducting risk assessments.This study suggests that while risk managers spend nearly half their... Read More..
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ERM Software in ActionAs discussed in part 1 of this blog series, many businesses do not formally recognize their critical risk networks. Without proper acknowledgment, fundamental risks remain essentially invisible. That being said, it's vital to create conditions that enable a useful... Read More..
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Risks are known far in advance by at least one employee - and typically by several - on the front lines of every business. However, problems arise when managers lack mechanisms to escalate and connect their risks with the concerns shared... Read More..
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 [Editor's Note: Organizations have become myopic with GRC solutions, and they can no longer see the forest through the trees. Our new series, brought to you by the LogicManager Analyst Team, will keep you up to date with real world examples... Read More..

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 author of the RIMS Risk Maturity Model for Enterprise Risk Management and CEO of LogicManager, the recognized leader of enterprise risk management solutions. LogicManager provides an integrated, intuitive software-as-a-service platform that helps companies make better decisions through risk intelligence for more effective corporate governance, risk and compliance management.

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