Risk is a fundamental aspect of life, whether as trivial as trying a new dish at a restaurant or as significant as launching a startup business. Every action carries an element of risk, and how we handle that risk reflects […]
Risk is a fundamental aspect of life, whether as trivial as trying a new dish at a restaurant or as significant as launching a startup business. Every action carries an element of risk, and how we handle that risk reflects […]
That Part of Risk Management We Overlook You would think that with all the focus on risk management these past few years that most companies would be well versed and very comprehensive in their practices. That, however, would not be […]
Credit Unions and Community Banks are facing increased scrutiny over their risk governance practices primarily focused on the role and effectiveness of the Board of Directors. Having the members of the Board of Directors appropriately engaged is no longer a […]
There is continued and growing debate on the effects of climate change, more specifically emissions, on the planet. Recent debates in the UK seemed to highlight that there was only a 2% impact to the world on emissions caused by […]
As we discover more about the FTX situation it is clear that there are facts that are left to be revealed. Presently, we know that there was a lack of controls (we will discuss later) and there could be mismanagement […]
I was reading a book by a legendary strength coach that had one of the best definitions of ‘Fit’ I’ve ever seen. According to him, “Fit” comes from a Norse word meaning” to knit together.” In his view as a […]
During a merger and/or acquisition everything we do seems to increase in intensity and volume. It is at times of heightened stress that we have a tendency to overlook or even forget key aspects of the task at hand. After […]
As risk management specialists you might expect us to highly recommend the creation of risk assessments for most any activity. While it may seem that that is what we do we can assure you that that is not the case. […]
In 2021 Credit Union leadership began an increase in Merger and Acquisition activity. 2022 appears to continue that trend and 2023 is expected to accelerate the activity. While this certainly provides Credit Union membership with several benefits, for management and […]
When I started this post, I intended to take it in another direction. Initially, I planned to discuss how today’s CISO role has evolved similarly to how the CIO role has changed from the early 1990s. In both cases, the […]
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