Risk and Control: Ideas for a better tomorrow
A contrarian view on Risk and Control to make tinkle curiosity leading to creative and critical thinking.
A researcher had created an app for personality testing, number of people downloaded, due to facebook’s policy at that point of time, researcher was able to download people’s friend data also. It is alleged that based on data collected, people’s psychological profile is created. Using this data people opinion is changed, shifted. What is profiling? […]
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“Audit Committee Members don’t understand the risk. Promoters feel that Audit Committee are too much into finance. The Independent directors forming audit committee are retired person from government or retired partners from professional firms. They think only about finance and missing the bus for emerging risks. They are not geared up for thinking in terms […]
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What is risk appetite? What does it mean? This question has set the ball rolling in an informal group of risk professionals. Everyone has a view on the same. Some views were borrowed from financial industry, some view were created/ adapted for non-financial industries. One of the reason of confusion is analogy of appetite with […]
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Recently I got the honor of being part of a panel discussion on “Risk Management Mistakes Many companies make” This session was moderated by An Independent director and other panelists included: A CRO and Head of Risk of a life insurance company Head of GRC for India and SAARC for a reputed GRC company, Head […]
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RPA is an advancement which will make everything automated.
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