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Risk Management – key to operationalizing the strategic plan

While working on a presentation for a Mining sector conference recently, it struck me just how important risk management is for ensuring that strategic plans become reality. Not just risk management per se, but fully integrated risk, where pretty much everyone in the organization is involved.   Here’s why. Often… Read More


Active Risk Manager is finalist in Risk Management Product of the Year Award

ARM demonstrates global reach citing customers from Europe, Middle East, Australasia and North America   Maidenhead, UK. 6 September 2016 – Sword Active Risk has been selected for the shortlist for the Risk Management, Product of the Year award. The award entry includes examples of how ARM is used by… Read More


The rise of the Black Swans

‘Black Swan’ is a recognized theory within risk management, originally developed by Nassim Nicholas Taleb. For those of you that have ever wondered, the term ‘Black Swan’ originates from the belief that all swans are white because these were the only ones accounted for. However, when black swans were discovered… Read More


Enterprise Risk Management is now a requirement for all Federal Agencies and Departments

On July 15th 2016 the Office of Management and Budget, an Executive Office for the President, released a major revision to OMB A-123. Now entitled ‘Management’s Responsibility for Enterprise Risk Management and Internal Control’ the new version underlines the importance of the relationship between Internal Controls and Enterprise Risk Management… Read More


360˚ Contextual Awareness of Risk – Understanding the Interrelationship of Risk

We’ve been working with the folks at GRC20/20, and in particular, with Michael Rasmussen, the father of the term GRC which he created when he was the Lead Research Fellow at Forrester in 2003.   Together we’ve produced a paper about providing 360˚ contextual awareness of risk. Michael’s industry research… Read More