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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


ARM Global Conference goes to London

23 June was not just the day that UK citizens voted on the EU Referendum, it was also the day that our series of Global Conferences went to London.   This was the largest of our conferences to date, and we were delighted to welcome record numbers of attendees, despite… Read More


Turning Risk into Results

  The other day I came across an EY white paper called Turning Risk into Results that I first read a couple of years ago. What struck me is just how on the button the paper was, and we are certainly seeing many of the trends discussed reflected in our… Read More