simplifying risk management
We're adding a blockchain registry to DCDR to create a two-level process for verification during audit or investigations. First, records can be verified against the DCDR registry to determine provenance. Second, the DCDR registry can also be verified against the archived versions stored in a third-party distributed registry.
It’s as easy as 1, 2, 3 with DCDR
Apply the 80/20 rules to your risk management portfolio. That's going to help focus on what's most critical and identity the mitigation that will give you the most bang for your buck.
Happy New Year. Sorry this is a grim (stern?) start to the year but this idea bears repeating "Let's wait and see…" ..actually, let's not. Let's do something about [fill in the risk here] right now. The sooner we start to act, the earlier we'll understand the situation, the faster we'll be able to mobilize … Continue reading Lets’s wait and see…
Don't worry, that's not a typo. Nor does it mean that you've missed a whole year (although we probably all feel like we could have done with a little less 2020). But I want you to imagine for a second that it's almost January 2022. Why? Well, although we're all going to probably feel a … Continue reading Happy New Year! Here’s to a great 2022!
Here's how to set up Asana or even Google calendar to automate large chunks of your risk governance process.
Why not take the next week or two to sweat the small stuff and address a few of those risks in the lower ambers / higher greens region. Give the bottom half of the risk register some TLC and come back in 2021 refreshed and ready.
Understand and define your risk tolerance and risk appetite as this helps managers at all levels understand where they are in relation to the organization's risk 'comfort level'
2020 felt like we were playing on Heroic mode but now we're close to 2021, it's a good time to review your risk management system and get ready for next year.
How can you spot the point where a risk - a thing that could occur - becomes an event that is occurring? I'd argue that you don't need to identify the specific point of change, and you'll waste valuable time trying to spot the exact moment of transition. Most importantly, if you wait to see the transition point, your response will be on the back-foot from the get-go.