With sky high uncertainty, execs understand the need to improve decision-making. ERM should help do this, but what about those with no formal process?| Strategic Decision Solutions
Discover enterprise risk management solutions with an objective-centric ERM program designed for building a more resilient insurance company| Strategic Decision Solutions
Being an effective ERM professional is about more than just knowing a standard. It requires certain personas (...not skills) that can be difficult to learn.| Strategic Decision Solutions
Just because the outcome of a business project or strategic initiative is acceptable doesn’t mean the road getting there was smooth, which is why many companies conduct a ‘lessons learned’ or ‘post-mortem’ to examine what went well, what didn’t go well, and what could be done differently. Hindsight is 20/20 as the saying goes… This […]| Strategic Decision Solutions
No matter if you greet the end of summer with jubilation or dread, this is typically the time when companies begin their strategic planning for the next year and beyond. Despite the importance of having a strategic plan, many companies either struggle to achieve the goals, or worse, have no plan whatsoever. ‘Good’ companies have […]| Strategic Decision Solutions
When discussing challenges, one of the 1st ques I ask is what governance and internal controls do they have. Learn why they're vital to successful ERM.| Strategic Decision Solutions
Personally, I like to find the good in situations – or the silver lining – even when it comes to something as unpleasant as regulations. I totally understand the sighs, eyerolls, and general cynicism when the subject of regulations comes up. As someone who started her post-college career as an insurance regulator in Florida, I […]| Strategic Decision Solutions
What's the one ingredient that makes ERM go from good to great? Learn 6 ingredients of a high quality quality of risk and strategy conversation.| Strategic Decision Solutions
What is one thing all hugely successful individuals and companies have in common? The answer is – they all failed many, many times before they became the success stories we read about today. There are literally countless examples I could cite, but a few favorites include: Harland Sanders – commonly known as Col. Sanders, the […]| Strategic Decision Solutions
The majority of content on ERM focuses on process while people skills gets glossed over, which can prove fatal to achieving risk mgmt. goals.| Strategic Decision Solutions
A successful strategic plan is even more important in today’s VUCA world, but without 3 underlying components, companies will still falter.| Strategic Decision Solutions
One theme woven into countless articles on my blog over the years has been that, in spite of what different standards and best practices lead you to believe, risk assessments and other enterprise risk management (ERM) practices must be specially designed to the organization’s needs, culture, and skill sets to be effective. (Many use the […]| Strategic Decision Solutions
Do you ever feel like nobody knows what you're talking about? Could it be you're using standard risk terminology rather than words that fit the business?| Strategic Decision Solutions
Effective ERM, including risk reporting and communications, is like a chemistry class – it will take some trial and error to get it right.| Strategic Decision Solutions
Do you feel like starting a risk identification conversation is similar to opening a can of worms? Or opening Pandora’s box? Do you cringe at the thought of trying to herd the cats (or senior leaders) during the upcoming risk assessment workshop? I get it. Why? I’ve had these same feelings – dreading the unknown […]| Strategic Decision Solutions
Like so many things, enterprise risk assessment has changed drastically. What worked 5 years ago is likely obsolete today. Learn more about| Strategic Decision Solutions
We know why it’s important to create a competitive advantage, but struggle on how to do it. Explore a tool to know what this looks like for your co.| Strategic Decision Solutions
Companies who adopt ERM to satisfy regs rarely realize added value. ERM often becomes enterprise list management because of audit mindset of regulators.| Strategic Decision Solutions
