5 Steps for Better Risk Assessments
Wednesday, July 12th, 2017 at 2:00PM EST
Risk managers are charged with ensuring transparency, alignment, and forward looking views throughout the organization. The way this is achieved is through risk assessments.
A successful enterprise risk assessment process can be a powerful tool for board and management level strategic decision making by connecting business activities to goals and identifying the risks that threaten to derail these strategic objectives. An unsuccessful risk assessment is little more than a form over substance activity that lacks context and actionable results.
The key is being able to compare operational risk assessment information across functions and levels while keeping one comprehensive risk picture, register for our complimentary webinar:
Presenter: LogicManager CEO, Steven Minsky
Mr. Minsky is a recognized speaker and a certified instructor on the subject of ERM.
In this webinar each of the following top 5 best practices will be reviewed with step-by-step tutorial with risk assessment examples on how to achieve them from where most organizations are currently:
- Taking a root-cause approach
- Standardizing assessment scale and criteria with risk assessment templates
- Linking risks to controls
- Connecting risks to strategic goals
- Embedding risk assessments in everyday activities
Who will benefit?
Many risk professionals have recently been given an enterprise risk management role, which is now just one of many of their responsibilities. Often these new responsibilities do not come with new resources. As expectations for actionable results from risk assessment activities steadily increase from both inside and outside or organization, risk managers will learn how to adopt best practices so that risk assessments can be compared and utilized cross-functionally for more accurate and actionable risk management. You will also learn how to apply these best practices to streamline your non-ERM areas of responsibility, such as insurance management, to gain more time for expanding these best practices to other areas in your enterprise.
As the number of regulations increase and change, so do the risk assessments required as part of the compliance process. All risks to compliance are not equal in terms of impact, likelihood and effectiveness of current control activities. Attendees will learn how to objectively and systematically prioritize which regulations need attention from compliance risk assessments.
NAFCU Risk Management Seminar
July 24-26, 2017│Denver, CO
LogicManager will be joining attendees of the 2017 National Association of Federal Credit Unions (NAFCU) Risk Management Seminar in Denver, Colorado!
The seminar’s presentations, sessions and events will share how credit unions can successfully prepare for the unique risks facing their industry. Discussion topics focus on the most critical issues threatening today’s credit unions, like cybersecurity, regulatory change, fraud analytics and more. Please reach out to our team if you’re interested in connecting with LogicManager at this event: firstname.lastname@example.org
The IIA and ISACA’s 2017 GRC Conference
August 16-18, 2017 │ Grapevine, TX
LogicManager is looking forward to joining the IIA and ISACA for a second year at their annual Governance, Risk, and Control (GRC) Conference!
This event brings together hundreds of risk, governance, and control professionals from over 40 countries to embrace challenges, forge solutions, and define the future of global GRC. Will you be in Texas for this year’s event? Please reach out to a member of our team if you’d like to schedule a time to connect in Grapevine.
LogicManager will once again be partnering with the Risk and Insurance Management Society for the 2017 RIMS ERM Conference in Los Angeles, CA. At the conference, LogicManager’s CEO Steven Minsky will recognize the recipients of the 2017 RMM Recognition.
LogicManager is proud to join hundreds of risk management professionals from a variety of industries. The conference will feature sessions hosted by thought leaders on a range of topics, including executive strategy and ERM, positioning risk as a value creator, and achieving excellence in other areas of enterprise risk management.