About

About Manigent

Manigent is a specialist business and technology consultancy. Our business is about helping our clients to improve their strategic execution by building sustainable, management intelligence capabilities.  Click here for more...

  

About the author

Andrew Smart is the co-founder and Managing Partner of Manigent, a specialist business and technology consultancy.

He is also the originator of the Risk-based performance methodology and has spent the last 10 years delivering performance and risk management solutions in the UK, Europe and the Middle East. He holds an MBA from Henley Business School.

Andrew regularly undertakes speaking, training and consultancy engagements in the following areas:

  • Risk-based performance
  • Strategy Map
  • Balanced Scorecard
  • Risk Management 
  • Business Intelligence 

Please click here to contact Andrew.

  • Managing Business Risk: A Practical Guide to Protecting Your Business
    Managing Business Risk: A Practical Guide to Protecting Your Business
    by Jonathan Reuvid
  • Strategy and the Fat Smoker: Doing What's Obvious But Not Easy
    Strategy and the Fat Smoker: Doing What's Obvious But Not Easy
    by David H. Maister
  • Our Iceberg is Melting: Changing and Succeeding Under Any Conditions
    Our Iceberg is Melting: Changing and Succeeding Under Any Conditions
    by John Kotter, Holger Rathgeber
  • A Sense of Urgency
    A Sense of Urgency
    by John P Kotter

 

Risk-based performance is a methodology developed by Manigent, designed to integrate performance and risk management processes. 

This site is a platform to promote discussion around the methodology. We will also cover related topics such as the Balanced Scorecard, Enterprise-wide Risk, Operational Risk, Credit Risk, Market Risk, SOX, Basel 2, Solvency 2, ARROW 2, BS31100 and COSO.

Risk-based performance - managing with one eye on performance and one eye on risk!

 

Wednesday
01Jul

Balanced Scorecard: Necessary but not sufficient

At Unicom's Strategic Performance Management and Balanced Scorecard Forum, Andrew Smart presented the Risk-based performance methodology alongside a number of other Balanced Scorecard experts.

The introduction to the presentation

In a thought-provoking presentation, Andrew Smart, Managing Director of Manigent, questions the role of the Balanced Scorecard in a post credit crunch world and asks what role a performance-only
approach to strategic execution played in the recent economic turmoil.

Andrew will argue that organizations must take a ‘more balanced’ approach to strategic execution by integrating and aligning their risk management approach with performance management. He will introduce the Risk-based performance methodology and discuss the benefits organizations are realizing by implementing an integrated performance and risk management approach.

Click here to view the presentation

Sunday
31May

Risk-based performance in print

The Risk-based performance methodology features in a chapter of the recently published book, Managing Business Risk.

Managing Business Risk, a practical guide to protecting your business, is a practical guide to potential areas of risk within a business. This book contains invaluable advice for directors of both large and small companies, bringing readers up to speed with the largest thinking and techniques for managing risk in a structured and integrated way.

Click here to review the Risk-based performance chapter or click here to buy the book.

Saturday
23May

BS31100 - 2nd Annual Risk Management conference and workshop

BSi, the UK's National Standards Body, recently announced its 2nd Annual Risk Management conference and workshop. BS31100 will be the central focus of this conference and workshop event.

The event will take place from October 14-15, Grange City Hotel, London.

This will be a good opportunity to learn more about the standard and network with peers.

In the meantime, for those interested in implementing BS31100, Manigent has developed a specific BS31100 training course and is establishing a BS31100 Benchmarking group.

Sunday
19Apr

Corporate Strategy made simple

In this video, Professor Richard Rumelt of the Anderson School of Management at UCLA makes some interesting points about corporate strategy, and keeping it simple. He appears to support the thinking that strategy is basically simple; it is execution that is difficult.

Professor Rumelt makes an interesting point about the effect of the 'corporate endowment'. 

 

Friday
17Apr

Manigent launches BS31100 online Assessment survey

Since the British Standards institution launched its new Risk Management Code of Practice, BS31100, Manigent has been developing services to support organisations as they seek to improve their approach to risk management and comply with the standard. One of those services is a free online Assessment survey which is designed to provide an indication of organisational maturity with respect to BS31100 and risk management best practice more generally.

Click here for more

Friday
17Apr

Manigent Press Release : Risk Management or Risky Management? Announcing BS31100 training course. 

For Immediate Release:

Risk Management or Risky Management? Sign up for Manigent’s one-day course on the new BS31100 standard for the latest risk management best practice.

“Getting started with BS31100” is a one-day course designed to provide introductory training to risk management professionals and senior executives on the new Code of Practice for Risk Management - BS31100.

Click to read more ...

Thursday
02Apr

Support BS31100 compliance with Risk-based performance

The new British Standard 31100 – Code of Practice for Risk Management has been welcomed by many since its launch in October 2008, so how does Risk-based performance relate to BS31100 and how can it help your organisation improve compliance with the standard?

Click to read more ...

Tuesday
31Mar

Projects and Countermeasures - what is the difference and why is it important?

The Risk-based performance methodology uses the term ‘strategic activities’ to describe the ‘doing’ side of strategy execution.  Strategic activities are broken into two types: projects and countermeasures.

So what is the difference and why is it important? It is all related to timescales and when you expect the activity to make an impact.

Click to read more ...

Tuesday
31Mar

BS31100 – Code of Practice for Risk Management: A Good First Step

Read what Manigent Guest Blogger and Associate,  Ariane Chapelle, PhD has to say about the British Standard 31100 – Code of Practice for Risk Management here.

If you wish to become a guest blogger on the topic of performance and/or risk management, click here.

 

Saturday
21Mar

Only commenting on Red indicators is a mistake

This week I have had a number of discussions with clients and other ‘experts’ about how to best use indicator information. One of the points that consistently comes up for discussion, and appears to be accepted wisdom is that if indicators are RED some action must be taken, if only providing some commentary as to why it is red, whereas if an indicator is green no action is required. We believe this is a mistake and a huge missed opportunity for organisations.

Click to read more ...