Manage Tomorrow's Surprises Today

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..
Despite reports that more than 65% of organizations have adopted Enterprise Risk Management, executives remain unimpressed and skeptical of the value their ERM programs are providing versus what is needed.A new report by APQC finds that fewer than 1 in 5 executives... Read More..
Once SharePoint has taken root in a company, there's a tendency to try to use it for everything. The mega-popular platform can accomplish many use cases, from social networking to document management. It's no wonder then that Risk Managers have... Read More..
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Jeffery Reynolds' article in ABA Banking Journal, "ERM: Getting it, and getting it right", equates the definition of Enterprise Risk Management with happiness."Before you start with ERM, you have to define it. If it were only that easy to nail... Read More..
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Regardless of guilt or innocence, FedEx's recent indictment has reminded us that in today's world of complex global interactions and increased regulations, organizations must have a strong handle on interrelated risk, business processes, and relationships. This past week, FedEx made... Read More..
There are a couple of common refrains we hear at LogicManager on a consistent basis. One is of particular concern to risk managers seeking to establish legitimacy and trust within their organization."My boss just doesn't get it."The signs you're on... Read More..
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The healthcare industry has grappled with HIPAA for nearly 20 years. The ever-changing, extensive piece of legislation mandates the protection and security of patients' private health information, and HIPAA compliance is a costly and time consuming process for healthcare organizations.With the amount... 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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