Guide to effective risk management 3.0

by Alex Sidorenko

Overview

Risk management is ultimately about creating a culture that would facilitate risk discussion when performing business activities or making any strategic, investment or project decision. Below are some practical steps to integrate risk management into strategic planning, decision making and performance management.

In this free book, Alex Sidorenko and Elena Demidenko talk about practical steps risk managers can take to integrate risk management into decision making and core business processes. Based on our research and the interviews, we have summarised fifteen practical ideas on how to improve the integration of risk management into the daily life of the organisation. These were grouped into three high level objectives: drive risk culture, help integrate risk management into business and become a trusted advisor. This document is designed to be a practical implementation guide. Each section is accompanied by checklists, video references, useful links and templates.

This guide isn't about "classical" risk management with its useless risk maps, risk registers, risk owners or risk mitigation plans. This guide is about implementing the most current neuroeconomic and risk analysis research into the business processes, decision making and the overall culture of the organization.

Product Details

BN ID:	2940153991290
Publisher:	Alex Sidorenko
Publication date:	01/21/2017
Sold by:	Smashwords
Format:	eBook
File size:	3 MB

About the Author

ALEXEI SIDORENKO is a uniquely qualified expert with over 11 years of strategic, innovation, risk and performance management experience across Australia, Russia, Poland and Kazakhstan. In 2014 Alex was named the Risk Manager of the Year by the Russian Risk Management Association. Currently working at RUSNANO, Alex leads the risk management team at the largest private equity fund in Russia, specializing in hi-tech and nanotechnology investments. Alex is responsible for ERM at the fund level and across its 97 portfolio companies. Alex's work at RUSNANO was awarded first prize in the category Best ERM Implementation by RUSRISK in 2014. In 2012 Alex created RISK-ACADEMY, company specializing in risk education. RISK-ACADEMY was awarded Best risk management education program by RUSRISK twice in 2013 and 2014. Prior to that at Skolkovo Foundation, Alex lead the risk management function at the largest innovation center across CEE and was responsible for risk management as well as providing risk consulting to more than 830 innovation companies. Alex recently published a book on Amazon called "Secret recipe for risk managers" and regularly presents at risk management conferences. In 2012 Alex created a 12-series TV program dedicated to risk management. Alex currently lectures at various MBA and Executive MBA programs at the MIRBIS, MFUA, OpUS, SKOLKOVO and USIB. Previously at PwC Moscow, Alex was responsible for delivering risk consulting services within Russia, Poland and Kazakhstan. Alex was involved in the complete rewrite of the PwC global risk management methodology. He also created and hosted quarterly PwC risk management breakfasts for Russian CROs. Prior to that at Deloitte, Alex was responsible for leading the risk consulting services across NSW, Australia. During that time, Alex conducted various strategic risk reviews, developed numerous risk frameworks, delivered risk management training programs and participated in various risk assurance activities.