Blog Detail
Risk Management - What Is The Real Score In The Management Of Risks
http://www.informit.com/blogs/blog.aspx?uk=Ri…
Most companies have the wrong notion about the true meaning of Risk Management. Unknown to many company executives, risk management addresses not only issues at the tactical or operational levels but also the more important strategic viewpoints.
I have setup Risk Management programs and structures in some large credit card companies and some Fortune 100 companies, which includes a formal course. In the process of doing so, I am getting a lot of questions from clients to resolved their own local issues and clarify their concepts and ideas.
I was asked quite a few times whether there is an existing certification for Risk Management. No, there is currently no certification specifically for this. The industry is really just figuring out if it is needed and I find that a majority have no real idea how to do this.
Another question I am getting is how should the training for risk management be conducted? To be honest, you can't do the training well without tackling the management issues at the strategic and tactical levels. It is just a waste of time just training either the operational level by itself or even just the tactical level by itself. It is the strategic level that have to make decisions based on risk - business, financial, and security. The key
- Added on: Feb 19th, 2009
- Country: United States
- Language: English
