simplifying risk management
I started the KISS risk management project five years ago with the idea that risk management was being made too complicated and there were too many gatekeepers in the way. So after five years, I thought it was worth taking stock and seeing what I've learned along the way. I've summarized five big things I've learned below - all of which are, hopefully, takeaways that will benefit you too.
Beginning any career or specialist field can be daunting and getting started in risk management is no different. There are many challenges out there and some will continue to crop up as long as you are practicing risk management. Here, in no particular order, are 10 risk management skills or abilities you should look to develop as you embark on your career as a risk manager.
Becoming a risk manager can seem to be more art than science. There's not a clear pathway from degree to junior risk manager to senior risk manager to CRO (Chief Risk Officer). However, there is a way. Here are some techniques that you can use to move into and progress in the field.
Asking 'what is a risk manager?' will get you poor, confusing results. So here's a full explanation of the role to help you get started.
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.