Recently in Business resiliency and sustainability Category

Cruise Ship Accident due to Preventable Operational Risk

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By Steven Minsky on January 16, 2012 12:49 PM 0 Vote 0 Votes
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..
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What the Board Should Know About Cyber Risk

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By Steven Minsky on July 8, 2011 8:00 AM 0 Vote 0 Votes
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..
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RIMS Risk Maturity Model Explained - Overview

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By Steven Minsky on March 10, 2011 7:44 AM 0 Vote 0 Votes
Getting the initial commitment for ERM is half the battle for a Risk Manager, and then meeting expectations with concrete results can be just as daunting a challenge. The RIMS Risk Maturity Model (RMM) allows you to score your... Read More..
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What does Inflation have to do with Business Continuity?

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By Steven Minsky on January 19, 2011 12:30 PM 0 Vote 0 Votes
People often associate business resiliency with IT but it’s really an enterprise wide problem. Your company may be Fort Knox when it comes to technology issues, but is your company prepared if severe inflation or other risks were to... Read More..
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Don't Let BP's Disaster Happen to You: Uncover Your Risks Now!

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By Steven Minsky on October 13, 2010 1:45 PM 0 Vote 0 Votes
Everyone closely followed the BP saga that began last spring. Could this reputational and environmental catastrophe have been avoided through uncovering weaknesses in their risk management program? The disaster, which is estimated to cost the company up to $37... Read More..
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Wake-up Call for an ERM Approach to Business Continuity

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By Steven Minsky on May 5, 2009 9:54 AM 0 Vote 0 Votes
Corporations have a false sense of security about risk management due to a silo approach in assessing the threats they face. Simply run a Google search for business continuity and swine flu and you will find links to mostly IT related... Read More..
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New Congressional Report: A Call to Action for ERM Regulation

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By Steven Minsky on January 30, 2009 11:05 AM 3 Vote 0 Votes
Yesterday the Congressional panel overseeing the Troubled Asset Relief Program (TARP) program released a scathing report of the regulatory failures that led to the current financial crisis, Congressional Oversight Panel Special Report on Regulatory Reform. The report concluded “The... 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 CEO of LogicManager Inc., a leading provider of ERM infrastructure solutions. He is the developer of the Risk and Insurance Management Society (RIMS) Risk Maturity Model for ERM, author of the RIMS "State of ERM 2008" Report and a RIMS Fellow (RF) instructor on ERM. He is a patent author of risk and process management technology and holds MBA and MA degrees from the University of Pennsylvania’s Wharton School of Business and The Joseph H. Lauder Institute of International Management. You can reach Steven at steven.minsky@logicmanager.com. View more

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