Compliance with rules and regulations depends on the perceived fairness of those rules and regulations

The challenge of compliance Compliance is a traditional challenge that has associated costs. Quite a few rules and regulations, whether internal to an organization or nation-wide as imposed by a government, are notoriously difficult or costly to ensure compliance with. Having a rule translated into a procedure somewhere in an ISO manual or a law … Continue reading Compliance with rules and regulations depends on the perceived fairness of those rules and regulations

Practical steps to wider adoption of risk management: simplifying risk models for more frequent use

What went before ... In the early '00s, the relevance of using risk models was very much disputed. A number of leading companies in the risk management field did not see the reason to use models, as they felt that practice impeded organizations from assessing the entirety of their risks. In the late '90's of … Continue reading Practical steps to wider adoption of risk management: simplifying risk models for more frequent use

Stakeholder perception as a third risk dimension

The limitations of current risk management approaches Risk management is most usually limited to the organization whose risks are being analyzed. Stakeholders are considered in most frameworks, but often only in the context of information and communication. They are seldom considered an active, contributing party in the context of risk assessment. Adding a third dimension … Continue reading Stakeholder perception as a third risk dimension

Some further thoughts on professional service (de)commoditization

This is more than likely the last I will write about the challenge for consultants in differentiating their offerings from other offerings, but I wanted to share a couple more lines on the subject. This is again a revisit of an article I wrote a couple of years ago, with some ideas I developed further. … Continue reading Some further thoughts on professional service (de)commoditization

Respectful visioning – a facilitated approach

As auditor, I have often been asked to facilitate between different groups. I believe the below may therefore be relevant for us auditors, although the subject is not core audit. I was recently invited to facilitate a group of experts in preparing for a significant likely change in their environment. As the agenda's were not … Continue reading Respectful visioning – a facilitated approach

From the other side of the table – the (de)commoditization of consultant’s services

About one and a half years ago, I made the transition from being a consultant to being a consultant's client. I effectively moved to the other side of the table. I have written before about decommoditization of consulting services. This is a revisiting of some of that earlier work from my new vantage point. Consultants … Continue reading From the other side of the table – the (de)commoditization of consultant’s services

Better risk based situational awareness using risk models

This is a rewrite of an article I wrote in 2010. I'm revisiting some of my earlier writings to update them to my current ideas. Top five versus first five issues Ask people for their top five issues in any area of concern other than an area they are personally and closely involved with, and … Continue reading Better risk based situational awareness using risk models