Risk Tip # 13 – “Rolling up” of Risks
I recently supplied consultancy support to an organisation that involved a review of their risk register. A not so quick scan showed they had 330 risks contained in the risk…
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14
AUG
2018
14
AUG
2018
Nationally Significant – Multi Jurisdictional Risks
Over the last 12 months or so, there has been significant discussion in relation a number of issues that impact the whole of the nation. Issues such as energy security,…
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10
JUL
2018
Risk Tip #12 – Risk Reporting
Over my career in risk management I have seen the most amazing array of reports submitted to Boards and Executives. I am sure you have seen them all as well. …
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10
JUL
2018
Optus’ Own Goal
“As crazy as this sounds, I don’t believe they realised how big the FIFA World Cup demand would be.” Technology commentator Trevor Long In 2015, Optus won the exclusive rights…
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04
JUN
2018
Shareholders before customers – nothing can go wrong
During the Banking Royal Commission, we have heard evidence of appalling behaviour by Australia’s major banks and financial planners from the past decade, including alleged bribery, forged documents, repeated failure to verify…
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04
JUN
2018
Risk Tip # 11 – linking control effectiveness measures to organisational outcomes
I have previously written in relation to the measurement of control effectiveness (Risk Tip #2- Control Effectiveness), but in this latest instalment of my Risk Tip series, I want to…
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04
JUN
2018
Proportionality is the Key
I have discussed the importance of controls and their effectiveness to the risk management process in many forums including Risk Tip #2- Control Effectiveness. It is still my belief that…
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26
APR
2018
Risk Tip # 10 – Post Event Analysis
Risk Tip # 10 – Post Event Analysis “We learn from history that we do not learn from history.” Georg Wilhelm Friedrich Hegel No matter how well an organisation manages…
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26
APR
2018
The Incident Database – The Reverse Risk Register
Many organisations maintain an incident database to record the incidents that occur. What I have observed, however, is that the incident databases are not being used to their full effect…
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19
MAR
2018
Why Fraud Control Plans are Completely Unnecessary
One of the plans that I see almost universally in government organisations, as well as in many large private companies, is the Fraud Control Plan. It’s usually in place to…
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