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Conservative estimates of GRC software implementations place the cost at either $200,000 or 50% of total licensing costs, whichever is greater. Even when initial costs are low, many vendors make up for apparent price reductions with professional services, or customizations, required to... Read More..
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Take the Risk out of ERM and GRC SoftwareForrester predicts that by the end of 2015, over half of all ERM and GRC software implementations will be done through Software-as-a-Service (SaaS) models. While SaaS GRC software is undoubtedly gaining traction and market share, many... Read More..
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The Baker/baker complex, as illustrated in Joshua Foer's Moonwalking with Einstein, states that if you ask one person to remember a baker and another to remember a man named Baker; the person asked to remember the proper noun will struggle far more... Read More..
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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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While SharePoint is a good tool for file storage, it falls significantly short of delivering the capabilities a risk manager needs to analyze trends and see the relationships the job requires.Cost & Innovation SharePoint on the surface may look like... Read More..
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As organizations turn to Enterprise Risk Management (ERM) software to automate and enhance aspects of their ERM Programs, it's time to take a critical look at the ERM and GRC marketplace to determine where gaps exist between the current offerings and the... Read More..
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The National Association of Insurance Commissioners adoption of the Risk Management and Own Risk and Solvency Assessment Model Act (RMORSA) requires insurance organizations to take a broader approach to risk management. As US insurers begin to mobilize their efforts to comply with... Read More..
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A survey conducted by APQC found that in the past two years, 75% of companies were hit by at least one major unexpected disruption to their supply chain, defined as an incident with the capability of preventing a business... Read More..
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The role of the enterprise risk manager has finally become clear: close the gap between strategic level risks and the operational risks faced at the activity level. Despite being a relatively new corporate discipline, expectations for ERM value are already... Read More..
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Increasingly, organizations across all industries are charged with managing risk in a complicated compliance environment. Over at the Credit Union Times, Danny Baker, Vice President of Product Management, Risk & Compliance at Fiserv Inc., thinks he's found a solution in the Cloud.... 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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