The SEC Chair, Mary Jo White, has questioned the capability of Audit Committees to take on all the responsibilities that are being asked of them. I believe that many of the responsibilities of the Audit Committee don\’t belong there; and more specifically, I don\’t think the Audit Committee should have any part in the governance …
Here are FIVE ways to step up and create value for your employees, customers, stakeholders and investors! And by the way . . . the regulators will like you too. Operational Risk Management (ORM) (or lack of it!) was largely blamed for the financial crisis, yet, nearly a decade later; many banks are still operating as though ORM is …
2017: \’Best in Class\’ Operational Risk Management Comes of Age Read More »
Risk professionals have been tripping over each other for the chance to model, quantify, aggregate, and report on credit and market risk. These two fields of risk are highly developed, theoretical, and computational, have long tails, and provide an opportunity to forecast future scenarios. What happened to all the ORM professionals? They have all gone missing!! Where have they …
Point of View: Operational Risk Management (ORM) Read More »
Today’s most needed new skill is ‘CREATIVE PROBLEM SOLVING’. I have news for you. THAT WAS ALWAYS A NECESSARY SKILL. As a business person, executive and consultant to large organizations, I’ve been a problem solver for over 35 years, and if it is one thing I have learned is that the skill is not developed on a …
