Should it be risk culture or integrating risk management principles into the corporate culture?

Alex Sidorenko from RISK-ACADEMY talks about risk culture in this short video. What if instead of calling it risk culture, we should instead think of it as integrating risk management principle into the overall corporate culture of the organisation. https://www.youtube.com/watch?v=SsBGj2uHg_4   DOWNLOAD THE FREE RISK MANAGEMENT BOOK: https://www.risk-academy.ru/en/download/risk-management-book/ Watch more free risk management videos on http://www.risk-academy.ru/en/risk-management-video/…… Continue reading Should it be risk culture or integrating risk management principles into the corporate culture?

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)

Single most important factor that drives risk culture

Alex Sidorenko from RISK-ACADEMY talks about the single most important factor that drives risk management culture in organisations. It’s not tone at the top or risk appetite, it’s something much more pragmatic. https://www.youtube.com/watch?v=OxYwdJP2V-o DOWNLOAD THE FREE RISK MANAGEMENT BOOK: https://www.risk-academy.ru/en/download/risk-management-book/ 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

Practical steps to build risk management culture

Risk management is ultimately about changing organizational culture to accept risk and facilitate risk discussion when performing business activities or making any strategic, investment or project decisions. Vincent Tophoff in the recent International Federation of Accountants thought paper called From Bolt-on to Built-in has put it nicely “there is no such thing as risk culture.…… Continue reading Practical steps to build risk management culture

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