This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Boeing Airlines finds itself amidst a storm of legal challenges, grappling with a series of incidents highlighting systemic issues in its riskmanagement practices. Why is the glaring lack of records a riskmanagement problem for Boeing? What are the consequences of Boeing’s failure in riskmanagement?
Million Crashes Later: Why CrowdStrike’s Blunder Is Your RiskManagement Wake-Up Call Last Updated: July 30, 2024 On July 19, 2024, the world got a brutal wake-up call. This catastrophic event is a prime example of a colossal failure in riskmanagement at multiple levels and underscores the dangers of third-party contagion.
Silicon Valley Bank (SVB) Failures in RiskManagement: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. However, the evidence was inconclusive so their strategy continued unchanged.
From Insights to Action: Navigating RiskManagement in 2024 & Beyond IMPACT 2024 Keynote with Steven Minsky, CEO of LogicManager Duration: 60 Minutes Presenter: Steven Minsky , CEO and Founder of LogicManager Summary: We’ve all seen how failures in riskmanagement, often due to human error, can have severe consequences.
RiskManagement should not be political. Availability Bias Availability Bias is the tendency to over-weight risks that are emotionally available. Two examples are child abductions and airline crashes. Finally, let’s start to take a riskmanagement approach. The answer is to think in several dimensions.
IMPACT 2024 CEO Keynote Duration: 60 Minutes Presenter: Steven Minsky , CEO and Founder of LogicManager Watch On-Demand Here: Related Content Failure in RiskManagement: The Turbulent Times of Boeing Airlines How ERM Can Save Your Business from Remote Work Disasters AI Survival Guide: 5 Strategies to Stay Relevant in an Evolving Business Landscape
Join Taylor and Nate as they share how their diverse backgrounds and collaborative efforts have revolutionized their approach to riskmanagement. Through a detailed case study, they highlight the power of AI and robotic process automation in addressing common challenges in software development and riskmanagement.
Download our white paper on our “Building a Successful Travel RiskManagement Program” by Anvil, an Everbridge Company. In today’s changing world, businesses need to be risk resilient across their operations – and that includes business travel. Combat Threats to Business Travelers with Successful Travel RiskManagement.
The three largest airlines in the world temporarily had to ground their fleets, but only one stood out a week later as still struggling to get back up and running – and taking a massive financial loss whilst its CEO attended the Olympic Games 6. They also own all of the downside though and all of the risk – including third-party risk.
Whether evaluating a bank , an airline, or a store, customers want and need a provider that can deliver on their brand promise through any disruption. The post Compass 2022 Key Takeaways: Charting a New Course for Operational Resilience appeared first on Fusion RiskManagement.
Through good riskmanagement, all the above events should already be identified and plans for dealing with specific events put in place. Airlines are required to have plans and procedures in place for dealing with an aircraft crash, as part of their license to operate. A major fire affecting your only manufacturing site.
Through good riskmanagement, all the above events should already be identified and plans for dealing with specific events put in place. Airlines are required to have plans and procedures in place for dealing with an aircraft crash, as part of their license to operate. A major fire affecting your only manufacturing site.
Through good riskmanagement, all the above events should already be identified and plans for dealing with specific events put in place. Airlines are required to have plans and procedures in place for dealing with an aircraft crash, as part of their license to operate. A major fire affecting your only manufacturing site.
Kev Brear also commented that “hindsight bias often appears in riskmanagement discussions and I submit that this incident has the potential to be coloured by that aspect”. Whilst this may be true, Mark Armour suggested that “our profession has a tendency to overly-criticize institutions after something goes wrong”.
Kev Brear also commented that “hindsight bias often appears in riskmanagement discussions and I submit that this incident has the potential to be coloured by that aspect”. Whilst this may be true, Mark Armour suggested that “our profession has a tendency to overly-criticize institutions after something goes wrong”.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content