Manage Tomorrow's Surprises Today

News last week broke that a CNA Financial Corp. unit is seeking a judicial ruling that would waive its obligation to pay a $4.1 million settlement to Cottage Health System, on the grounds that the health system failed to meet the... Read More..
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Sally Beauty Holdings confirmed last week that its payment card systems had been compromised, but did not disclose the extent to which data had been breached.The Texas based retailer is the next in a string of security incidents that include Target and Sony Pictures, and... Read More..
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Source: http://www.esv.info/download/zeitschriften/BUCO/leseprobe_2.pdfLogicManager has long believed that an Enterprise Risk Management methodology, also known as a risk-based approach, is the best way of accomplishing any type of organizational governance. With risk as the common factor, governance activities become standardized and comparable, enabling... Read More..
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The Risk and Insurance Management Society (RIMS) has released two executive reports, "Why a Mature ERM Effort is Worth the Investment" and "Testing Value Creation through ERM Maturity." Together, these reports look at recent findings that detail the benefits of... Read More..
Enterprise Risk Management (ERM) Software, unfortunately, is a poorly defined (and often poorly executed) concept, but by structuring your vendor selection around the core concepts of Enterprise Risk Management, Risk Managers can mitigate the inherent risks that accompany a software... Read More..
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The Baker/baker complex, as illustrated in Joshua Foer's Moonwalking with Einstein, states that if you ask one person to remember a baker and another to remember a man named Baker; the person asked to remember the proper noun will struggle far more... Read More..
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The RIMS Risk Maturity Model, co-developed by LogicManager CEO, Steven Minsky, and the RIMS Risk Management Society, has been adopted by yet another governance body in an attempt to formalize how organizations achieve risk management competency.The NAIC specifically identifies the Risk... Read More..
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The RIMS Risk Management Society (LogicManager's co-author for the RIMS Risk Maturity Model) promotes the adoption of Risk Committees for organizations looking to formalize their enterprise risk management processes.With more organizations adopting risk committees or similar governance groups, the question remains: What... Read More..
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Last week, Insurance News Net's Trish Ennis examined the relationship between occupational  health, safety risk management and reputational risk."Texas City refinery. Upper Big Branch mine. Deepwater Horizon. Tazreen Fashions factory. Rana Plaza. Each of these tragedies was caused by a chain... Read More..
One of the most frequently cited differences between Software-as-a-Service (SaaS) and On-Premise installations is the degree of flexibility between each type of solution. With SaaS solutions on the rise for GRC and Risk Management Software, more and more organizations are realizing... 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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