Model

Collaborative Risk Management

PRIMO Academy shares knowledge about authoritative and successfully applied risk methods and techniques. In this article the focus on collaborative risk management by application of the agile framework Scrum and the interactive software  RISKiD, used for (re)design of strategy and development by a large company, delivering and maintaining infrastructure for a diverse range of train traffic. By Gwendolyn Kolfschoten* and Jos van Ginkel** Rigorous […]

ISO 19600:2014 Compliance Management Systems

By Jack Kruf. Compliancy is on the way up. More and more organisations focus on being compliant. Not only for being compliant, but also for karma, transparency, branding, imago, security and accountability reasons. And more. To be reported also to elected councils, citizens and shareholders. ISO defined this 19600 standard and published it on the 15th of December 2014. It […]

Public Risk and ISO 20400:2017

Practitioners experience as well scientific research related to public governance point in the direction of a high correlation between the quality of interfaces – within or between organisations – and the presence of public risks. Working together and tuning in the chain of things are crucial for quality. Many of the international strategies and polices points in the direction of a need for a […]

Revision ISO 31000-2009 scheduled

Source: ISO. ISO 31000:2009 on risk management is intended for people who create and protect value in an organization by managing risks, making decisions, setting and achieving objectives and improving performance. The standard’s revision process discovers the virtues of keeping risk management simple. The revision of ISO 31000:2009, Risk management – Principles and guidelines, has moved one step further to Draft […]

The evolution of model risk management

By Ignacio Crespo, Pankaj Kumar, Peter Noteboom, and Marc Taymans. McKinsey&Company An increasing reliance on models, regulatory challenges, and talent scarcity is driving banks toward a model risk management organization that is both more effective and value-centric. The number of models is rising dramatically—10 to 25 percent annually at large institutions—as banks utilize models for an ever-widening scope of decision making. […]

ISO 22316: Security and Resilience

The new ISO 22316 standard about organizational resilience will be published ultimo at the beginning of 2017. It has been developed by the ISO/TC 292 – Security and resilience – committee of the International Organization for Standardization in Geneva. Organizational resilience is the ability of an organization to respond and adapt to change. Resilience enables organizations to anticipate and respond to threats and opportunities, arising […]

COSO: Guide for Fraud Risk Management

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has developed – such in collaboration with the Association of Certified Fraud Examiners (ACFE), The Institute of Internal Auditors and American Institute of CPA’s (AICPA) –  an integrated fraud risk management program to support organisations with tracing, treat and control: Fraud Risk Management Guide. This guide provides implementation guidance that defines principles and points of focus for fraud risk management and […]

Quality Manager becomes Risk Manager in ISO 9001:2015

ISO 9001:2015 sets out the new criteria for a quality management system and is the only standard in the family that can be certified to. It can be used by any organization, large or small, regardless of its field of activity. In fact, there are over one million companies and organizations in over 170 countries certified to ISO 9001. Interesting […]

ISO 31000 – Risk Management

PRIMO has selected ISO 31000 as one of it’s main frames of thinking in approaching public risks. The International Organization for Standardization: “Risks affecting organizations can have consequences in terms of economic performance and professional reputation, as well as environmental, safety and societal outcomes. Therefore, managing risk effectively helps organizations to perform well in an environment full of uncertainty.” ISO 31000:2009 […]

Common Assessment Framework (CAF)

Bron: Bestuurszaken.be Entiteiten van de Vlaamse overheid maken gebruik van het Common Assessment Framework -instrument (CAF) om hun werking te meten en te structureren. CAF – een instrument voor totale kwaliteitszorg – is gebaseerd op het EFQM-model en op het model van de Duitse Universiteit voor Bestuurswetenschappen in Speyer. Het kwaliteitsmodel is specifiek ontwikkeld voor overheidsorganisaties. Filosofie van het model […]

ISO 31000

A framework in development By Ed Mallens and Jack P. Kruf The International Organization for Standardization (ISO) has worked on the ISO 31000 as referential framework for risk management in organizations. The setting has been outlined by ISO very clearly: “Risks affecting organizations can have consequences in terms of economic performance and professional reputation, as well as environmental, safety and […]

Clear risk reporting creates value

By Marinus de Pooter and Cees Visser  Organisations benefit from high-quality reporting about risk management. Stakeholders greatly appreciate receiving information about risks and about the way in which an organisation is managing these risks. Another benefit is that clear reporting forces the board to take stock and draw up a list of the risks and risk management systems. This is […]

ISO 31000: Threats and opportunities are manageable for local government

By Ed Mallens Risk management now has a usable reference what is useful for local government. In a brief and clearly written document, – NEN-ISO 31000 -, is explained what principles and guidelines are useful to identify, analyze and treat risks effectively. A generic description clarifies how risk management can be secured in an organization. NEN – ISO 31000 Risk […]