Speaking at the StrategicRISK Singapore forum, May 18
A forum of circa 250 Risk professionals discusses risk management
It was a pleasure to be one of the Speakers at the StrategicRISK forum in Singapore on 8th May 2018, which was an event attended by approximately 250 Risk practitioners and which covered many different aspects of risk management.
My topic focused on "the worth of modern Risk standards", and whether they are keeping pace with the needs of modern organisations, in the private and public sectors, large and small. In my view, you take from standards what you are willing to understand and appreciate from them. Whilst we have two overarching international Risk standards in ISO 31000:2018 and COSO ERM 2017 which serve as general guidelines, there are many other associated standards for different disciplines and industries, and regions/countries.
It was interesting to see feedback from the audience, using an online polling system, about the number of people who are considering updating their organisation's Risk Framework, and the views about whether the ISO 31000:2018 and COSO ERM 2017 standards would help them.
If you would like more information about my views on the international Risk standards and how best to use and leverage them, please contact me.
