If you are like most internal auditors, you’ve probably experience some of these challenges in your career: You feel ignored by management and don’t believe they think you are adding value. Your department has difficulty getting the resources it needs and it being downgraded. You spend most of your time stuck in the weeds, wishing …
Tag Archives: risk management
A Holiday Risk Management Reminder
A risk management reminder for the holidays. I saw this posted in social media and had to share. Doesn’t sound like rock n roll risk management to me, but still funny: Please be advised that anyone planning to dash through the snow in a one-horse open sleigh, going over the fields and laughing all the …
Using Something as Simple as M&Ms to Manage Risk
Medical error is the 3rd leading cause of death in the US. Why do medical errors kill over 250,000 people a year? Because healthcare has become so complex, with things like the adverse drug interactions of taking multiple medications, that it’s easy to make mistakes. When things are complex the likelihood of making a mistake …
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Boring Harms Risk Management’s Effectiveness
Risk management doesn’t have to be boring. In fact, the more fun we make it, the more effective it can be. I’m sure you have flown on a plan before and have heard the same boring safety demonstration at the beginning of the flight. Most people “tune out” and don’t really listen. Here is another …
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Lessons Learned at 12,000 Feet
I recently returned from a hiking trip through the John Muir Wilderness in the Sierra Mountains of California, just a few hours from my home. This was a multi-day trip that I have planned for several months with one of my adult step-sons, who recently wanted to take up hiking. Now I have a hiking …
Don’t Try to Do the Job Alone
My parents taught me to be self-reliant. As a result, I have attempted to attack each challenge in my life head-on, by myself. It has taken me many years to realize that I cannot do all jobs alone. I need the help of others to make most of my goals become a reality. It ‘s …
How to Develop a GRC Road Map for your Organization
One of the most common questions I get from people trying to design and implement an integrated GRC capability, is “where do I start” or “how do I develop my GRC road map.” As Dr. Seuss famously said, “Sometimes the questions are complicated and the answers are simple.” This is true when it comes to …
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Avoid the Wells Fargo Mistakes
Culture and incentive issues appear to have caused the troubles at Wells Fargo. Details are still unfolding, but what we know is approximately 5,300 employees were fired and Wells Fargo must pay $185 million in fines to the US government for employees opening new accounts illegally, without customer knowledge. How could this have gone on …
The Importance of Integrity in Principled Performance
Here is a quick video I recorded about the importance of integrity in Principled Performance. [video_player type=”embed” width=”560″ height=”315″ align=”center” margin_top=”0″ margin_bottom=”20″][/video_player] Integrity Movie on 7-19-16 at 4.06 PM Image: Shutterstock
Implementing GRC the Easy Way
You have probably seen the cartoon with two cavemen pulling a wagon with square wheels. A third caveman walks up to them with a round wheel and one of the cavemen pulling the wagon, turns to the third and says “No thanks, we’re too busy.” How often are we so busy with the task at …
