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The Power of the Individual in Innovation

The individual redefines the organisation, not the other way around. How many times have we heard how the organisation wants to innovate? Well, afraid to say, that’s impossible as it is the individuals...

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Better results using MasterMind Groups

The last few posts I have written have been focused on innovation, but what is becoming more apparent to me is how limited we make things when we bring only our own teams into a brainstorming session....

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An idea in innovation of risk management

During my time in risk management specifically over the past 4 years I have moved from centralised support roles to front-line risk support roles.  Prior to that, through being in internal audit,...

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Random Thoughts on Leadership

Some random thoughts on leadership as everyone you have ever worked for has shown you something on leadership – both good and bad. And you yourself also exhibit some good characteristics and some bad...

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Techniques in the Innovation of Risk

Innovation is expected and required for any business or function to grow and develop over time.  The risk management function is no different, hence risk must embrace innovation. I have always, and am...

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Some thoughts on best practice risk management

Risk management is simple. It just takes 12 easy steps to achieve effective risk management in your organisation. Truly. So what is the simple 12 point method to best practice risk management. But...

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February view of the top risks of 2011

It is now February 2011 and with 10 months left in the year we thought it prudent to cover what we see are the Top 10 risks for the rest of 2011. 1. Consumer sentiment shifts – Over the past few years...

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First thoughts on Leadership

This is the first posting from the Innovation of Risk focused on Leadership. Over the past few weeks I have wanted some “space” to lay down my thoughts on leadership, and also to place thoughts from...

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Leadership comes from within

Leadership comes from within……there are so many examples of this we see in individuals, and for me a recent example is the leadership of Michael J Fox, who has shown that even with a terrible illness,...

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Understanding Your Customer Risks

This is a brief post on an idea that anyone who has a customer base should consider implementing.  For marketing purposes you segment the customer base so as to ensure you use your finite funds in the...

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Distinguishing between risk and issue

The ability to distinguish between risks and issues is one of the most fundamental skills a manager needs in order to effectively manage their business. Why is it so critical? Quite simply, the ability...

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Mobile thinking for risk innovation

Each day I allocate some brain time to think about “different thinking” on risk management.  Although not something that I was specifically thinking about today, I did receive a link to this video...

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Scenario thinking for innovation and risk

About 15 minutes into the film Lawrence of Arabia, where Lawrence (Peter O’Toole) and a travelling companion are resting at a well during an arduous trip through the desert.   It‘s an unusually long...

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Peer Leadership

The internet is teeming with information on a wide range of topics around leadership.  And it was during my reading of Zite – an iPad application that brings articles on key topics to you through...

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Risk management from top to bottom and back again!

Operational risk management has long been considered a process that requires businesses to simply review their risks through a series of management workshops.  The risks are then assessed for relative...

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Business Continuity is Needed Everywhere

Our daily life events provide us with the best examples of risk management.  Seriously.  Think about events during your day, and then step back for a moment and consider the risks surrounding those...

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Operational Risk Infographic

Operational risk is a topic that has seen a significant rise in the amount on “online chatter”, particularly since early 2000.  Some interesting statistics are presented in this infographic on...

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Risk Management and the Internet

“The internet provides its users will valuable resources for research and analysis, and for risk management the new innovation is utilising the richness of data on the internet as a critical tool for...

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Visual.ly compares @innovaterisk to celebrities

The post Visual.ly compares @innovaterisk to celebrities appeared first on Innovation of Risk.

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Where is risk management going?

Theoretical scientists spend many hours considering the universe and everything in it, about it and around it.  They ponder the very fabric of how things are made and also determine the theories around...

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