Manage Tomorrow's Surprises Today

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..
Categories: ,

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..
There is always a lot of buzz about "risk appetite statements" and "risk tolerance."  In theory, these sound like a natural launching point for ERM Programs - how can risk managers manage risks without a known goal of what they... Read More..
A common challenge for early-stage ERM programs is making the step from risk identification and prioritization to the formalization of a control (or mitigation) environment. Keep in mind, it is only possible to know if a Mitigation Activity is effective and efficient if... Read More..
Last week, we introduced the latest findings from studies of the RIMS Risk Maturity Model (RMM). In an effort to explain the model and results of the study more fully, it's beneficial to break the RMM into each of its attributes. This week... Read More..
Categories:

Over the weekend while traveling, I was reading Malcolm Gladwell's Outliers, and as coincidence would have it, I hit "Chapter Seven: The Ethnic Theory of Plane Crashes," at a cruising altitude of 30,000 feet. The challenge with Enterprise Risk Management is quantifying how many disasters... Read More..
Categories:

Colleges and Universities are some of the most at risk institutions when it comes to high profiles failures in risk management. Reputational risk - and remaining off the homepage of CNN - requires an active approach to managing enterprise governance,... Read More..
Categories:

Hack Wilson was an MLB star in the 1920's, but he had a drinking problem. Realizing his potential, Hack's manager pulled him into the dugout and said, "If I drop a worm into a glass of water, it swims around... Read More..
Categories:

Where are there more homicides? Detroit or Michigan?Most people would say Detroit, even though every murder in Detroit also takes place in Michigan. Our initial impressions, even those we have the utmost confidence in, can quickly and easily lead us... Read More..
Categories:

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.

Recently Commented On

Monthly Archives

Blogs

ADVERTISEMENT