Innovation of RiskInnovation of Risk :: Great discussions on innovation and risk

The Immune System is Risk

Posted on by Scott North

The immune system is risk. Over the course of the last 3 years we have been exploring the innovation of risk from the perspective of moving risk management away from a traditional focus of frameworks and tools, and towards an embedded practice within businesses across the globe. With organisations continually striving for that 1% more and driving themselves to different…

Best practice guidance for risk assessments

Posted on by Scott North

Risk managers across the globe are always looking for best practice guidance for risk assessments. The Innovation of Risk does not typically provide postings on risk management standards and guidance but in this case we felt that sharing the recently announced guidance note on the risk and control self-assessment process from the Risk Management Association (RMA) in Australia was worth highlighting….

Top resources for digital research

Posted on by Scott North

Performing digital research is critical for the innovative risk professional. When we consider the innovation of risk, we are continually looking at every possible avenue to advance risk management in its practices through scanning the globe for the newest digital resources. Risk management must be at the forefront of the usage of digital technology, just like every other professional area…

Remembering Top 10 Risks

Posted on by Scott North

Four years on we thought it was time to remember the analysis we did on an article on the Top 10 Risks and Trends for 2009. In 2009 the article, Top Ten Risk Management Lessons and Trends from 2009, identified 10 risks and trends that were considered critical for organisations across the globe. We thought it was time to revisit…

Risk Impact Spectrum

Posted on by Scott North

Risk impacts must include consideration of the risk impact spectrum. The current floods occurring in North Eastern Australia are a natural disaster, which is hard to predict and even harder to control. However these events make us realise that the initial consideration of the impact at hand, may actually not be the only impact your are dealing with at the…