Recently in Root cause discipline Category

There are many prominent cybersecurity companies, including FireEye and Symantec. These companies "focus on blocking or detecting intrusions as they occur or responding to attacks after the fact," according to The New York Times. Sometimes, this approach yields fruit, but inherently, it cannot "gain... Read More..
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Last week, a "mistake" by the Environmental Protection Agency (EPA) caused "millions of gallons of pollutants" to overpower the Animas River in Colorado. The EPA, responsible for maintaining and protecting the environment, in fact did just the opposite.The Animas River before... Read More..
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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 Enterprise Risk... Read More..
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No company falls out of compliance over-night.  It's a gradual process resulting from a combination of overlooked issues, that together create a serious problem.  Strangely enough, compliance issues often result from taking an overly compliance-focused approach to risk management; a... Read More..
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The presidential commission stated that compliance, the focus of GRC efforts, was not a key cause of the Deepwater Horizon disaster. They concluded instead that it was BP's lack of governance or an ERM approach to risk management that was... Read More..
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The business environment evolves, organizations evolve and people’s roles and contributions must evolve as well. Some risk managers have expressed frustration due to insufficient resources or support from senior management. Risk managers who have an active role in financial reporting... 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 is the CEO of LogicManager, Inc. the leading provider of ERM software solutions. Steven is the architect of the RIMS Risk Maturity Model for ERM, author of the RIMS State of ERM Report among many other papers, and a RIMS Fellow (RF) instructor on ERM. Steven has conducted ERM and RIMS Risk Maturity Model training for hundreds of organizations around the globe. Steven 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.

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