Here is my RIMS 2016 presentation about the scope of Enterprise Risk Management (ERM) function. Many people and organizations view ERM's role through a financial lens and fail to take into account non-financial aspects of risk such as safety, reputation, quality, and mission capability. This presentation explores a series of case studies that shows what can happen to an organization that does narrowly focuses their ERM function on financial aspects only.
My personal risk philosophy is, keep it simple, be sensitive to your surroundings so you can quickly adapt to the changing environment, stay focused on the most important objectives and most importantly follow a disciplined approach and don't get distracted by all the noise in the environment.
After publishing my first book,Chaos to Clarity, I stumbled upon an article that described the ancient rune Jera (pronounced Year . Ra). The runic alphabet emerged sometime between the 1st century BCE and the 2nd century. The runic alphabet known as Elder Futhark consists of 24 runes one of which is Jera. I noticed an interesting relationship between the description of Jera and two important risk management principles; stay focused and practice a disciplined approach.
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J. W. Mayo Consulting (JWMC) is a SBA certified veteran owned small business (VOSB) specializing in risk management, project management and capture management services.
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