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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 and is a Professional member of the Institute of Operational Risk.

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
  • Influencer: The Power to Change Anything
    Influencer: The Power to Change Anything
    by Kerry Patterson, Joseph Grenny, David Maxfield, Ron Mcmillan, Al Switzler
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    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
    17Feb2010

    Institute of Operational Risk launches first sound practice guidance paper – Risk Appetite

    The Institute of Operational Risk has launched the first of a series of sound practice guidance papers. This first paper is on the topic of Risk Appetite.

    Click here to download the paper.

    Click here to go to the website.

    Saturday
    13Feb2010

    FSA signals a more intensive supervision regime

    With the announcement of its funding requirements for 2010/11, the FSA has sent a clear signal, if one was needed, that there is now a more intensive supervision regime in part.

    The FSA defined the key areas where it will focus its work as:

    • Continuing to deliver intensive and intrusive supervision
    • The delivery of the credible deterrence philosophy which is central to the FSA’s supervisory approach
    • The policy reform programme, driven by the Turner Review, which forms the FSA’s response to the financial crisis and covers critical issues such as reforms to liquidity and capital regimes, and
    • Ensuring delivery of the wider policy agenda mandated by the European Union. This includes Solvency 2, the review of the capital adequacy regime for the European insurance industry, and the largest project undertaken by the FSA.

    Hector Sants, FSA chief executive, said: “The way the FSA regulates has changed radically, both in approach and intensity over the last three years.

    Click here for details

    Sunday
    31Jan2010

    Risk-based performance three pillars model

    The Risk-based performance three pillars model is now available. This model follows a familiar structure - Principles, Framework and Process.

    Principles

    1. Begin with strategy, integrating performance and risk management
    2. Set the tone to enable and sustain the right culture
    3. Manage the relationship between performance, risk and controls
    4. Combine hard numbers with expert knowledge & judgement
    5. Align the change agenda (run, change & transform)
    6. Embed accountabilities and responsibilities – execution is a team game
    7. Continually monitor, review and improve

    Click to read more ...

    Sunday
    31Jan2010

    Updated Risk-based performance overview

    Recently I updated some of the Risk-based performance material in preparation for one of our training courses.

    I developed an overview process which captures all aspects of the Risk-based performance methodology and demonstrates how it supports sustainable strategic execution.

     

    image

    Comments and questions most welcome.

    Tuesday
    26Jan2010

    A Risk Top 10 for 2010 from CFO.com

    The results of a new survey by the Corporate Executive Board (CEB) highlights the “risk hotspots” for 2010. There appears to be a shift taking place, one which focuses on the link between strategy and risk.

    "For the past two years, executives have been in a more defensive posture, but this year they are thinking about how to set the company up for success in the future," says Kate Guerra, CEB's research director.

    The list of top 10 risks are a below and the full story is available here

    1. Strategic change management
    2. Capacity
    3. Incentive plans
    4. Human resources
    5. Fraud
    6. Innovation/R&D
    7. Third-party relationships
    8. Shared services
    9. Inflation/Deflation
    10. Tax management

    Full story

    Corporate Executive Board

    Thursday
    21Jan2010

    Leveraging SharePoint for Risk Management webinar

    Manigent is running a webinar on February 10th at 15:00 exploring how SharePoint can be leveraged to support enterprise-wide risk management initiatives.

    During the webinar Manigent will be demonstrating its unique Strategy, Performance and Risk Management solution, StratexPoint. This solution is designed to support the Risk-based performance methodology and other widely used performance and risk frameworks.

    Click here for more details

    Thursday
    21Jan2010

    Risk Management, Compliance and the Balanced Scorecard webinar

    Manigent is running a webinar on February 9th at 15:00 addressing the integration and alignment of Risk Management, Compliance and the Balanced Scorecard.

    Risk-based performance is the framework that brings these disciplines together into a single framework. Join the webinar and hear our latest insights and thinking.

    Click here for more details

    Saturday
    09Jan2010

    Top 10 articles of 2009 - Mckinsey Quarterly - (Premium membership maybe required)

    1. Leadership lessons for hard times
    A series of interviews with 14 CEOs and chairmen of major companies sheds light on the foundations of corporate leadership.

    2. Five trends that will shape business technology in 2009
    The year 2009 will be challenging for CIOs. Here’s how to play your hand

    3. A better way to fix the banks
    Here’s a plan that could solve the toxic-asset pricing problem voluntarily—without requiring Uncle Sam to nationalize the whole industry—and make (pretty much) everyone a winner.

    Click to read more ...

    Monday
    04Jan2010

    Risk-based performance training workshops – 2010 dates

    Manigent, in conjunction with Unicom, will be holding public Risk-based performance training workshops on the following dates:

    Friday, February 26, 2010, London 
    Wednesday, April 21, 2010, London 
    Wednesday, June 16, 2010, London 
    Wednesday, September 22, 2010, London 
    Wednesday, November 17, 2010, London

    During this workshop participants will gain insights into the Risk-based performance methodology, touching on aspects of the Balanced Scorecard, Risk Management and Compliance.

    Click here for more information and to register.

    Monday
    04Jan2010

    BS31100 (and ISO 31000:2009) training workshops – 2010 dates

    Manigent, in conjunction with Unicom, will be holding public BS31100 training workshops on the following dates:

    Monday, February 22, 2010, London 
    Thursday, April 22, 2010, London 
    Thursday, June 17, 2010, London 
    Thursday, September 23, 2010, London 
    Thursday, November 18, 2010, London 

    During this workshop participants will gain insights into the BS31100 Risk Management standard. Additionally, this workshop will touch on the recently released ISO 31000:2009 Risk Management standard.

    Click here for more information and to register.