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Risk Commentary
Edward Robertson
20 episodes
9 months ago
New website: RiskCommentary.ca We see a contradiction: increased need for Enterprise Risk Management, while risk managers report low perceived value of their processes. High Quality Risk Assessment addresses uncertainty and helps solve chronic business problems. Join Edward Robertson, successful ERM practitioner, to discover a simple process that delivers clear value.
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Management
Business
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All content for Risk Commentary is the property of Edward Robertson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
New website: RiskCommentary.ca We see a contradiction: increased need for Enterprise Risk Management, while risk managers report low perceived value of their processes. High Quality Risk Assessment addresses uncertainty and helps solve chronic business problems. Join Edward Robertson, successful ERM practitioner, to discover a simple process that delivers clear value.
Show more...
Management
Business
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ERM Implementation: Minimal Footprint
Risk Commentary
11 minutes
4 years ago
ERM Implementation: Minimal Footprint

New website = riskcommentary.ca
How can we roll out Enterprise Risk Management with a minimal footprint? 
Edited for length

Principles-based approach

  1. value proposition (cost-benefit analysis) - principle: no big capital outlays; practitioners prove method through trials
  2. execution - principle: gradual, organic growth, not command and control 
  3. risk ID methods - principle: rigorous definitions and procedure; integrate with existing practice
  4. policy, standard and governance - principle: minimal paperwork
  5. benefits - principle: ascertain first direct short effects then later higher order outcomes

Summary: How do we maintain a minimal footprint in the implementation?

KEY QUOTE
“Program managers of new initiatives are under pressure to show results, and it is easy (but risky) to communicate promises rather than demonstrate the work. Focus on a low-key approach that relies on evidence of benefits.” (Solving the ERM Puzzle... p.75)

LINKS
Edited transcripts: The ERM Minimalist available at Books and Courses. Works well with Play Books (read aloud function) and Apple Books.
(E. Robertson 2016) Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation 

Risk Commentary
New website: RiskCommentary.ca We see a contradiction: increased need for Enterprise Risk Management, while risk managers report low perceived value of their processes. High Quality Risk Assessment addresses uncertainty and helps solve chronic business problems. Join Edward Robertson, successful ERM practitioner, to discover a simple process that delivers clear value.