Manage Tomorrow's Surprises Today

The Costa Concordia, a Carnival Cruise Line owned ship, ran aground resulting in at least 6 deaths. This is a 4,000-passenger, 115,000 -ton cruise mega-ship, with the latest and greatest technology, as it is just 5 years old. As an... Read More..

I am often asked for insight on business measures or KPIs for ERM programs to track overall progress and effectiveness.  The key question for risk managers is: how do I measure the value ERM is delivering to my organization?  The... Read More..

The number of business measures within organizations is typically growing. Measures are often added on a reaction basis to loss events that have already occurred. Wouldn't it be valuable to be able to focus on forward looking measures? In most... Read More..

Last week, at RIMS ERM Conference 2011, we announced that LogicManager and RIMS (The Risk and Insurance Management Society) have selected Queens University Management School (QUM) to update the landmark 2008 study that quantified a direct, positive relationship between... Read More..

Two stories in the news recently have caught my eye: one involving a listeria outbreak caused by tainted cantaloupe, and the other involving Citigroup losing $285 million for defrauding investors. In the cantaloupe story, a nationwide listeria outbreak was traced... Read More..

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Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Recently, Gartner released its 2011 Magic Quadrant for... Read More..

Recently organizations have been faced with the increasing threat of cyber attacks, whether from external hackers such as lulzsec or from internal attacks such as wikileaks.  Your customers' personally identifiable information, organization's intellectual property, and confidential files are all vulnerable... Read More..

Boards are under pressure like never before to assure their organization has an effective risk management program.  The SEC, through the Proxy Disclosure Enhancements amendment,  is holding them personally responsible for risk management. If your board hasn't already come knocking... Read More..

While spreadsheets are still an excellent tool for data manipulation and one-dimensional analysis, they fall significantly short of delivering the capabilities a risk manager really needs to analyze trends and see the relationships the job entails. The limitations of spreadsheets... Read More..