Stakeholder consultation in risk management

One of the elements COSO-ERM does not thoroughly address is stakeholder consultation in risk management. Sure, there is the required communication capping stone on top of the COSO pyramid, but the activities described therein fails to adequately address the needs and complexity of interacting with your stakeholders on a regular basis in the context of … Continue reading Stakeholder consultation in risk management

Let’s talk about risk

The importance of consultation and communication in risk managementISO 31000 refers to consultation and communication with stakeholders as a key activity in a well implemented risk management methodology. Let’s examine why these elements are important. The elementsISO talks about consultation and communication with stakeholders. So we need to explain why: consultation communication stakeholders are important. … Continue reading Let’s talk about risk