Wednesday
17Feb2010
Institute of Operational Risk launches first sound practice guidance paper – Risk Appetite
Wednesday, February 17, 2010 at 05:39PM
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, February 17, 2010 at 05:39PM Saturday
13Feb2010
FSA signals a more intensive supervision regime
Saturday, February 13, 2010 at 10:02AM 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
Sunday, January 31, 2010 at 11:00PM The Risk-based performance three pillars model is now available. This model follows a familiar structure - Principles, Framework and Process.
Principles
- Begin with strategy, integrating performance and risk management
- Set the tone to enable and sustain the right culture
- Manage the relationship between performance, risk and controls
- Combine hard numbers with expert knowledge & judgement
- Align the change agenda (run, change & transform)
- Embed accountabilities and responsibilities – execution is a team game
- Continually monitor, review and improve
Sunday
31Jan2010
Updated Risk-based performance overview
Sunday, January 31, 2010 at 09:42PM 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.
Tuesday
26Jan2010
A Risk Top 10 for 2010 from CFO.com
Tuesday, January 26, 2010 at 04:00PM 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
Update on Wednesday, January 27, 2010 at 11:34PM by
Andrew Smart
Andrew Smart
More detail available at http://ow.ly/10Tar
Thursday
21Jan2010
Leveraging SharePoint for Risk Management webinar
Thursday, January 21, 2010 at 01:43PM 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.
Thursday
21Jan2010
Risk Management, Compliance and the Balanced Scorecard webinar
Thursday, January 21, 2010 at 01:18PM 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.
Saturday
09Jan2010
Top 10 articles of 2009 - Mckinsey Quarterly - (Premium membership maybe required)
Saturday, January 9, 2010 at 04:10PM 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.
Monday
04Jan2010
Risk-based performance training workshops – 2010 dates
Monday, January 4, 2010 at 10:08AM 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
Monday, January 4, 2010 at 09:21AM 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.