Why do accountants and other professionals need better risk management competencies?

My original article posted at http://theaccountant.org.mt/why-do-accountants-and-other-professionals-need-better-risk-management-competencies Risk management competencies can significantly improve decision making in any profession. The bad news is that these competencies do not come to us naturally. They have to be developed. Even if you do not operate in a high risk, uncertain environment one should consider the extensive research, into what is…… Continue reading Why do accountants and other professionals need better risk management competencies?

Cognitive biases every risk manager must know (part 3)

Overconfidence bias The overconfidence effect is a well-established bias in which a person’s subjective confidence in his or her judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. Throughout the research literature, overconfidence has been defined in three distinct ways: (1) overestimation of one’s actual performance; (2) […]

Cognitive biases every risk manager must know (part 2)

Overconfidence bias The overconfidence effect is a well-established bias in which a person’s subjective confidence in his or her judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. Throughout the research literature, overconfidence has been defined in three distinct ways: (1) overestimation of one’s actual performance; (2) […]

Cognitive biases every risk manager must know (part 1)

Overconfidence bias https://www.youtube.com/watch?v=eBuveFSYnGI The overconfidence effect is a well-established bias in which a person’s subjective confidence in his or her judgments is reliably greater than the objective accuracy of those judgments, especially when confidence is relatively high. Throughout the research literature, overconfidence has been defined in three distinct ways: (1) overestimation of one’s actual performance;…… Continue reading Cognitive biases every risk manager must know (part 1)

1000+ downloads in less than a week

Risk management is ultimately about creating a culture that would facilitate risk discussion when performing business activities or making any strategic, investment or project decision.  In this free book, Alex Sidorenko and Elena Demidenko talk about practical steps risk managers can take to integrate risk management into decision making and core business processes. Based on our…… Continue reading 1000+ downloads in less than a week

What does the future hold for risk management?

Alex Sidorenko from RISK-ACADEMY talks about the 2 things that will shape the future of non-financial risk management in the world. https://www.youtube.com/watch?v=yAiRWwYItdc   Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk

How can a risk manager grow his skills?

Alex Sidorenko from RISK-ACADEMY talks about how a modern day risk manager can continue to grow his risk management skills   https://www.youtube.com/watch?v=X9-5rpvxtqE Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/ or subscrive to RISK-ACADEMY youtube channel https://www.youtube.com/user/alexausrisk