In this session I want to talk about linking your risk management program to your compliance program. I know it’s an area that a lot of organisations struggle with. First of all, let’s talk about your compliance program and what it involves and how you can actually make it more effective. The first thing we […]
Welcome. Today I’m going to talk about the long-term risks of short-term fixes. And this is really quite an issue for a number of organisations both in the public and the private sector. What we find often when we have an event or we start to see some issues within the organisation, we look to […]
Rod Farrar, director of Paladin Risk Management Services discusses risk. What it is, how it can be managed, and why your business or organisation needs Risk Management training.
Is Risk Based Internal Auditing (RBIA) the “Right” Term or should it be Consequence Based Internal Auditing (CBIA)?
Okay – maybe I am about to open a can of worms here – but I think that RBIA may be a misnomer. Don’t get me wrong, I am a firm believer in the internal audit program being aligned to the risk management program – in fact neither will be as effective if they are […]
What are the attributes of a good risk manager? Rod talks about how stakeholder management, engagement and relationship management can be the most important elements. Transcript: What are the attributes of a good risk manager? Now, one would think that the most important attribute that they would have is to understand risk management. Well, yes […]
Over the last few years I have worked with many organisations with varying degrees of outsourced/contracted services. I support this approach – if it isn’t core to the achievement of your objectives or if the expertise resides outside of your business then outsourcing is positive. The purpose of this blog, however, isn’t to discuss the […]
I’m often asked why I do these face-to-face courses; it definitely is a big ask. I do 25-26 courses per year – week on, week off – and I go to every part of the country.This year, I may also be taking the course overseas. It does take a lot out of me. So, what […]
Transcript: Today’s topic is talking about current controls. Now, these are like the red-headed step children of risk management. We tend to ignore the current controls that we have in place within an organisation to deal with risks that might occur. Over time within organisations, things have happened, events have happened. It might be fraud, […]
If everything is going well, no one is lining up to pat the risk manager on the back, but when things go wrong, people are lining up to tell you. Rod explains how risk managers can make themselves relevant and ensure that what you are doing is adding value to the organisation. Transcript: Doctor Allan […]
“The concept of “inherent risk” is impossible to measure or even define. The idea of looking at risk absent of all hard controls, soft controls or mitigations provides little or no useful information in most cases.” Todd Perkins Lately I have seen a resurgence in the use of the term “inherent risk” and it has annoyed […]