Manage Tomorrow's Surprises Today

The year 2014 has come and nearly gone, and it's clear that enterprise risk management will not go quietly into the night. Following a 2013 that saw Edward Snowden NSA leaks, a Carnival Cruise line generator fire, and Target's credit... Read More..
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In the last year alone, FINRA has disciplined more than 1,000 companies and individual investment advisors with over $34 million in penalties over failure to meet enterprise risk management requirements.FINRA, the Financial Industry Regulatory Authority, is dedicated to investor protection... Read More..
 ...for the turkey, that is! Happy Thanksgiving from the LogicManager Team.Credit due to Gary Larson's The Far Side.... Read More..
Online media outlet TechTarget recently visited the 2014 Advanced Cyber Security Center (ACSC) conference right in our hometown of Boston, MA. Their findings? A successful cybersecurity risk management framework must be built around "Coordination. Cooperation. Collaboration.""You are not going to eliminate the... Read More..
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[Author's Note: The field of enterprise risk management is growing rapidly. Our new series, brought to you by the LogicManager Analyst Team, will keep you up to date on the latest news and developments in ERM.]Many business cases for enterprise... Read More..
CMS Wire's Norman Marks recent article, "Why Risk Management Technology Projects Fail," captures a common but limited viewpoint of Risk Management that limits its ability to succeed in any environment, whether supported by software, spreadsheets, or pen & paper."To be... Read More..
How can the 33rd largest company in America compromise the personal data of 56 million customers? And how can a company that spent $1 billion dollars to "digitize" itself take nine months to identify a breach? Most importantly, how can... Read More..
Home Depot hacked. http://t.co/qZROzHKWr2. This #risk preventable with #ERMSoftware. So why are ERM Programs failing? http://t.co/gcbLO6wCjz-- Steven Minsky (@SteveMinsky) September 2, 2014The goal of an ERM program is to put your organization in the best position to manage uncertainty, and to provide transparency into areas of... Read More..
In Malcolm Gladwell's "Blink," he examines a hospital whose team had learned that to diagnose heart attacks, it's more beneficial to gather a few key indicators than to try and take every measure into account. I've found that to judge... Read More..
Starting January 1, 2015, insurers across the United States are subject to a National Association of Insurance Commissioners (NAIC) model law requiring them to annually submit an Own Risk and Solvency Assessment (ORSA). ORSA is a self-assessment of sorts, requiring... 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 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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