Welcome!

News Feed Item

Book by Seasoned Enterprise Risk Management Consultant Lights Path to Advanced ERM

"Mastering 21st Century Enterprise Risk Management" takes a holistic approach

GOLD COAST, Australia, March 13, 2014 /PRNewswire-iReach/ -- Gregory Carroll, an enterprise risk management systems expert whose has consulted over 30+ years some of the world's largest companies and highest-security organisations, has a new book on risk management available from AmazonMastering 21st Century Enterprise Risk Management treats the subject not as merely a way to sidestep problems, but rather a way to add value. A free excerpt of the book is available for download at fasttrack365.com/ERM-book.

(Photo:  http://photos.prnewswire.com/prnh/20140313/MN82637)

Risk management has traditionally focused on the downside—the "what if"—of risk, Carroll says. What if I get audited; will my documentation be in order? What if someone gets hurt? Risk has also traditionally been as siloed as many organizations, each functional area requiring its own unique parameters without any interaction. Different areas may even use different software.

"Modern risk management philosophy goes beyond 'staying out of trouble.' It incorporates the upside of risk—the people and process efficiencies that result when a holistic risk management framework is integrated into all aspects of the business and aligned to specific business objectives," Carroll says. "Investing in risk management, as with all other investments, must produce a return."

Mastering 21st Century Enterprise Risk Management explains why many risk management systems are broken and what needs to be done to fix them. It also explains the pitfalls to avoid when deploying an ERM system.

Carroll draws on his 30 years of experience as a business owner serving some of the largest organisations in Australia, both in the government and the private sector. But he also stays on top of current research into the subject. He notes a KPMG study published this year whose name sums up the situation: "Expectations of Risk Management Outpacing Capabilities - It's Time For Action."

Done properly, however, risk management can be a powerful tool for innovation, agility and growth. The reason few people harness this power is that they are focusing instead on administrating the process.

Carroll addresses the widespread disillusionment with risk management at C-Level particularly with enterprise risk management. With 40% of software implementation projects classed as having failed and the track record of QMS and ERM to-date, most organisations are behind the 8 ball before they start. He also explains the secrets to successfully implementing management systems in large organisations and how to achieve cultural change vital for success. Carroll then looks forward at future of risk management in the 21st century, and how it must produce a return of investment.

Mastering 21st century risk management goes beyond keeping your company on good terms with regulators. "Effective enterprise risk management takes a holistic approach to identifying, assessing and mitigating risk throughout the organization and is based on business objectives," Carroll says.

ABOUT THE AUTHOR

Greg Carroll (@365compliance) has 30 years' experience addressing risk management systems in life-and-death environments eg Dept. of Defence and Victorian Infectious Diseases Laboratories. He has also worked for decades with multinationals like Motorola. He is Founder and Technical Director at Fast Track, author of the ebook Mastering 21st Century Risk Management, and author of the Compliance Today blog.

ABOUT FAST TRACK (AUST) PTY LTD 

  • 30 year history
  • 400+ installations globally
  • Specialists in mission critical environments
  • Defence Security Clearance

For 30 years Fast Track (Aust) Pty Ltd has specialised in regulatory compliance and enterprise risk management for medium and large organisations. The company deploys enterprise-wide solutions for Quality, Risk, Environmental, OHS, Supplier, and Innovation Management. Product and media enquiries: +61 7 5591 8977

FREE RESOURCES AVAILABLE AT HTTP://WWW.FASTTRACK365.COM

Downloads

  • Mastering 21st Century Enterprise Risk Management – Free Excerpt (PDF)
  • 10 Essentials of Enterprise Compliance Software Handbook (PDF)
  • ISO9000 Quality Management System Data Sheet (PDF)
  • Audit Management Data Sheet (PDF)
  • Risk Management Data Sheet (PDF)
  • FastTrack.net 2013 Product Guide (PDF)

News & Commentary

  • Case Studies
  • Compliance Today Blog
  • Company News Releases
  • Customer Reviews
  • Pricing Information

Videos

  • Mastering 21st Century ERM Part 3: Best practices in risk management systems within large organisations.
  • Mastering 21st Century ERM Part 2: Secrets to successfully implementing management systems within large organisations.
  • Mastering 21st Century ERM Part 1: Firing Failed Risk Practices: The latest findings on enterprise risk management from KPMG, leading actuarial firm Milliman, and the 2013 15th OpRisk conference.
  • Relationships-as-Data Architecture of Modern Enterprise Compliance Software: See an example of what's possible with our enterprise compliance system's unique data architecture.
  • 2-Minute Overview of FastTrack.net Enterprise Compliance Software: Compare compliance software including solutions from Oracle, IBM, or Accenture.
  • Demo of Fast Track Enterprise Compliance Software: View a demonstration of the Fast Track Governance, Risk and Compliance functions available and key product benefits.

Media Contact: Greg Carroll, Fast Track (Aust) Pty Ltd, +61 7 5591 8977, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Greg Carroll

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search and...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...