Скачать или смотреть Effective risk reporting - Hans Læssøe

Risk management processes are deployed in many different ways between companies. They all have to report to Management and the Board. Common for many of these reports is that focus on reporting on risks. However, executives and board members are not really they interested in risks - but are (and should be) focused on performance.

Effective risk reporting is NOT a matter of reporting on risks.

In this session Hans Læssøe will demonstrate and discuss how risks, levers and uncertainties can be embedded in performance metrics and pave the way to a risk adjusted performance reporting. Hans will even be using red/amber/green color coding - but will keep focus where it belongs, that is, on performance.

The approach can be used on individual decisions/project, strategies, budgets, investment portfolios and overall company performance alike. This is very useful as it will allow each manager to see different levels of reporting using the same approach and hence "keep the eye on the ball".

Risk management reporting can provide an overview of the company's build risks and uncertainty range to help management make informed decisions and optimize performance through intelligent risk-taking.

00:00 - Risk management reporting can provide an overview of the company's build risks and uncertainty range to help management make informed decisions.
05:32 - Focus on performance, growth, and data-driven insights to deliver value and gain organizational buy-in.
09:00 - Risk management shifts from performance to incident reporting when unexpected events occur, and is assessed against agreements and action points to measure performance and risk exposure.
12:18 - Using a Monte Carlo simulation and quantified data, we can analyze the risks and uncertainties that could affect our performance.
15:58 - Be prepared to identify and address risks, and create a standard format for reporting to demonstrate importance and ensure effectiveness.
18:44 - Leverage valid data, specialist know-how, and tailored tools to bring new insights to management.
21:36 - Embed risk management into the company to optimize performance through intelligent risk-taking.
25:29 - Putin's invasion of Ukraine has caused a unified response from NATO and EU countries, increased defense spending, and a billion dollar loss in investment, pushing Europe towards a greener agenda - let's donate to charities that help Ukrainian refugees.

Check out awesome risk management quantitative software https://www.archerirm.com/insight-ris...

Enhance your company's risk management practices and improve the quality of your board's decision making with our advanced risk governance course, which covers everything from traditional risk management elements to advanced risk oversight and includes practical case studies and additional resources to strengthen your board's oversight. https://courses.dcroi.org/courses/ale...