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The New Global Risk Standard; Putting It to Work in Your Organization

In this intermediate-level seminar you will learn about the critical components that make up what we believe to be the new de facto risk assessment standard which is being used by companies around the world. The big ‘take-away” from this presentation is that we can significantly increase our abilities to contend with risk assessments that require us to incorporate risk attributes such as level of business impact, threat duration, level of risk forewarning, and many others in a mathematically valid way. We can also contend with complex (multi-objective) governance decision-making that confound teams dealing with risk mitigation planning, cyber security threats and regulatory compliance challenges.

For years companies have struggled to enhance risk assessment policy and standard operating procedures (processes). More recently, these issues have been significantly broadened with our new-found emphasis on the need to guide “good governance”. What we have needed is a global risk and governance (decision-making) standard that not only produces more consistent risk assessments but also more optimal governance decisions. The newly emerging standard helps us to achieve significant increases in forecasting accuracy and in work efficiency while transforming how we link and integrate the following activities:

· All Forms of Strategic Planning

· Risk Assessments & Risk Mitigation Planning

· Control Self-Assessments (CSA’s)

· Surveys and Polls

· Process Maturity Modeling and Best Practice Assessments

· Industry Benchmarking (peer averages, best-in-class performance, etc.)
Recorded Jan 17 2013 49 mins
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Presented by
Phil Wilson, Founder & Chairman RuleSphere International, Inc.
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  • The New Global Risk Standard; Putting It to Work in Your Organization Recorded: Jan 17 2013 49 mins
    Phil Wilson, Founder & Chairman RuleSphere International, Inc.
    In this intermediate-level seminar you will learn about the critical components that make up what we believe to be the new de facto risk assessment standard which is being used by companies around the world. The big ‘take-away” from this presentation is that we can significantly increase our abilities to contend with risk assessments that require us to incorporate risk attributes such as level of business impact, threat duration, level of risk forewarning, and many others in a mathematically valid way. We can also contend with complex (multi-objective) governance decision-making that confound teams dealing with risk mitigation planning, cyber security threats and regulatory compliance challenges.

    For years companies have struggled to enhance risk assessment policy and standard operating procedures (processes). More recently, these issues have been significantly broadened with our new-found emphasis on the need to guide “good governance”. What we have needed is a global risk and governance (decision-making) standard that not only produces more consistent risk assessments but also more optimal governance decisions. The newly emerging standard helps us to achieve significant increases in forecasting accuracy and in work efficiency while transforming how we link and integrate the following activities:

    · All Forms of Strategic Planning

    · Risk Assessments & Risk Mitigation Planning

    · Control Self-Assessments (CSA’s)

    · Surveys and Polls

    · Process Maturity Modeling and Best Practice Assessments

    · Industry Benchmarking (peer averages, best-in-class performance, etc.)
Putting the “R” in GRC
RuleSphere principals help you to sort through these confusing risk management process and strategy issues. You will learn how to build and implement a successful risk management system initiative that produces outstanding results. Most importantly, you will learn how to avoid the problems associated with spreadsheets and leverage the emerging global risk standards that best-in-class industry leaders understand. You will be given insider tips on topics such as handling risk assessments and Control Self-Assessments (CSA’s) by using ratio-based scalar measurement. Other progressive subjects include compensatory decisioning, deploying cross-enterprise risk assessment and management processes, modeling of complex risk mitigation strategies, mixing quantitative and qualitative data in your risk assessment work, and understand how to query technology vendors to determine if they support ratio-based data and multi-linear hierarchical risk assessment models.

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  • Title: The New Global Risk Standard; Putting It to Work in Your Organization
  • Live at: Jan 17 2013 7:00 pm
  • Presented by: Phil Wilson, Founder & Chairman RuleSphere International, Inc.
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