Risk management is a wide-ranging field, with opportunities in many industries. But, with so many different areas in the field, there is a lot of information to absorb. If you’re new to the field, or if you’re venturing into a new area of risk management, you might appreciate some of the resources listed here. They are basically “cheat sheets” for many different areas.
- TechTarget: This sheet from Search Security offers tips on access management solutions, including the pros and cons of each.
- Risk Management Cheat Sheet: This downloadable cheat sheet is a Power Point presentation that walks you through all the steps of identifying a risk, analyzing that risk and mitigating it. This sheet works well for many different types of problems and for different industries.
- Wall Street Cheat Sheet: This article give “cheat sheet” style tips for risk managers managing financial risk.
- Amudee: Amudee is a blog. This particular post has a list of CRC information that works as a cheat sheet for those in corporate risk management. It’s quite useful.
- Secure Puter: This is also a blog offering a cheat sheet to readers on internet security and risk management. You’ll also find that this is a handy reference for definitions.
- Kesdee: Kesdee offers these online tutorials for those preparing to take the exam to become a certified risk management professional.
- Risk Management Lab Compliance: This risk management cheat sheet helps with risk management in the medical industry, specifically related to laboratories.
- IRMI: IRMI offers all sorts of resources for risk management professionals. You’ll find examples and tips on implementing risk management practices and procedures, as well as a library of resources.
- Risk Forum: This is an online community for those in the risk management profession. Through their discussion boards, you can ask questions and participate in discussions designed to help you solve your biggest risk management issues quickly.
- Captive Domiciles: Another great link from IRMI for those in the insurance risk management field, this give a quick reference list of captive domiciles.
- IRMI: Government Departments: This handy cheat sheet from IRMI provides links to agencies of the US government.
- IRMI: Insurance Associations: Another cheat sheet from IRMI, this one offers links to Risk Management and Insurance Associations in the US.
- IRMI Glossary: This is the perfect glossary for those new to the industry. It provides a definition for all the insurance and risk management terms you can imagine.
- University of California: This page from the Risk Management department at the University of California offers plenty of resources, including a downloadable cheat sheet for project risk assessment that is very handy for project managers who have risk associated with the projects they’re managing.
- Healthcare Risk Management: This website, dedicated to professionals in the risk management field in healthcare offers lots of resources and links. It is especially helpful to risk management professionals seeking to learn more about healthcare reform.
- Risk Management Web: This website is dedicated to providing resources to risk managers in every field. Their site includes a job board and a discussion board divided into categories based on the type of risk management field the question relates to. You can likely get many of your questions answered here.
- Structured Approach to Enterprise Risk Management: This document provides all you need to know about ISO 31000 as it relates to the area of enterprise risk management.
- Institute of Risk Management Publications: This page offers lots of publications, many of which will give you all the information you need to answer your questions about many specific areas.
- Risk Management Professional Publication: This link offers you access to a quarterly publication for risk management professionals. This publication will provide you with lots of articles that can help you manage the fundamentals of your field.
- Risk and the Financial Crisis: This document from IRM offers insight into and tips to manage the current financial crisis.
Though it’s pretty certain that you won’t need all the resources listed here, there are a wide range of fields covered, so you’re sure to find something that can help you get even better at your job.
Risks can come from many directions, including legal, financial, disaster (natural or man made) and health, among other areas. The following top 50 risk management blogs looks at those areas and offers current information about management solutions for businesses across the spectrum. These blogs also look at various topics such as project management, technology, communications, safety and business continuity. (more…)
Risk management is a growing profession. Risk management professionals often spend quite a bit of time out of the office, monitoring projects or visiting multiple company sites to work on various project teams. This makes your smartphone a very valuable tool. Here are 20 apps that are great for risk managers. We’ve provided ten for the iPhone and 10 for the Android.
For the iPhone
- OmniFocus: This task management application allows you to create to do lists, as well as sync with documents on your desktop. This application can really help you stay organized, which is especially important if you bounce between office, home office and being on the road at client sites.
- Google Calendar: Check you Google calendar from anywhere. You never have to worry about being out of touch just because you’re spending a few days on the road for business or personal reasons.
- iBlueSky: A great brainstorming application for getting ideas out of your head an into a document.
- Analytics HD: If your responsibilities include tracking online server activity, this is the ideal app for doing that across many servers and sites. While it provides only a limited view of the total Google Analytics picture, it provides the right views; exceptional trending and stats that are necessary for quick checks and meetings.
- Full Screen Web Browser: Does just what it says: lets you browse in full screen.
- Go to Meeting: If your company has a GoToMeeting account, this is an ideal app to help you keep partners and staff in sync while engaging in meetings. You can’t take control of the meeting but the audio feature works great with or without earbuds and the mic. This is the ideal app for multi-casting training content to a group of people with iPads and/or iphones.
- Dragon Dictation: Dragon Dictation lets you speak your emails and documents rather than writing them. It’s a much quicker and easier way to get things done.
- Stars Enterprise: This app gives access to risk-management dashboards right from the device. You can now monitor key metrics and manage project tasks remotely on CS Stars.
- SG Risk Log: This app lets you quickly break down a risk and appropriately assess it.
- EZ Share: Securely connect to your computer and have access to documents, music, photos and other files. This one is a real time saver when you’re in a meeting and need something quickly off your computer.
For the Android
- Risk Management: This app helps you identify areas where your company might be at risk and deal with these areas.
- Security Shield: Mitigate the risk to yourself and your phone with this app. Security Shield offers a great antivirus application.
- StrategicRISK: This app is an adjunct to the European Business Journal of Risk Management.
- CRM Lite: Composite Risk Management offers a simple little risk assessment matrix you can use on the go.
- Upvise: This Android app lets you access and share business information with your team when you’re traveling.
- AK Notepad: This notepad for Android provides a great way to make, store and track notes. It’s perfect for when you’re traveling, or just want to jot something down so you won’t forget it before you get back to the office.
- Scan to PDF: Scan a paper document and convert it to a PDF file instantly on your phone. Great for eliminating paper and keeping documents secure.
- Phone Book: Keep track of your contacts, see who’s online and send instant messages all with Phonebook 2.0. It’s the perfect way to centralize all your communications.
- Sprite Android Backup: Keep your phone secure with this mobile backup solution.
With these apps at your fingertips, you’re sure to find that your smartphone is an even better productivity tool than you originally imagined. Keep on the lookout for new applications as they’re released so that you have all the latest and greatest apps to ensure your productivity.
- GDocs: This editor/viewer for Google documents is a lifesaver. You can create, edit, view, import and export documents.
Insurance is understood as a form of risk management that is used for hedge against the risk of contingent, uncertain loss, from one entity to another one. Ands this trend of insurance has developed into a very nice practice through out the globe and is controlled by some big companies. Below is given list of some big companies in insurance.
- America Int Group: American International Group, Inc is an American insurance corporation having it’s headquarter at American International Building in New York City. Its British headquarters office is located at Fenchurch Street in London. Its Asian headquarters is situated in HongKong. According to the facts of 2008 Forbes 2000 list, AIG was placed at 18th position among the public companies of the world.
- AXA Group: It is a French global insurance company having its office in Paris. It is a conglomerate of independently run business under operation of the laws and regulations of the respective country where it has having its operations. Its operations mainly are in control in countries of Western Europe, North America and the Asia Pacific region and the Middle East. It has five operating business segments like Life & Savings, Property & Casualty, International Insurance (including reinsurance), Asset Management and Other Financial Services. It was ranked as the 73rd largest company in the world based upon the 2009 Fortune Global 500 list.
- Allianz Worldwide: It is one of the largest financial companies of the world having its headquarters in Munich, Germany. Its primary business is into insurance. With worth of around 92.5 billion euro during 2008, it is the second largest international insurance and financial services organization in the world. . Allianz Global Investors ranks as a top-five global active investment manager, having €970 billion of assets under management (AuM).
- Manulife Financial: Manulife Financial Corporation that is also known by the name of The Manufacturers Life Insurance Company is a very big Canadian insurance company and financial services provider. Operating from its head office in Toronto, Canada it has worldwide operations in several countries including the United States and in 10 Asian countries and regions. It is the largest insurance company in North America and is world’s forth largest, as based upon the market capitalization.
- Prudential Financial: It is a Fortune Global 500 and Fortune 500 company having its stake in areas like insurance, investment management and other financial products as catered to both retail and institutional customers throughout the United States and over 30 other countries. Principal products and services include life insurance, annuities, mutual funds, pension- and retirement-related investments, administration and asset management, securities brokerage services, and commercial and residential real estate in many states of the U.S. It holds more than around $2 trillion of life insurance.
Calculators happen to be devices digital and rather inexpensive to carry out the basic operations of arithmetic. According to their utility calculators comes in variety of forms and functionality, however, below is mentioned iPhone calculators to measure and count upon everything.
- TouchCalc: It is very helpful scientific calculator as provided as a free iPhone application has many a good number of features and modes to select from. The modes are as following basic arithmetic, power, logarithm, roots, trigonometry, logical operations such as AND, OR, XOR, >> etc, binary, octal, decimal, hexadecimal. This calculator can perform activities to calculate mean, median, quantil values, variance, deviation and range etc.
- Loan Calculator Pro: It is an easy to use financial calculator as helps in calculating different types of fixed rate loans monthly payments like home mortgage, auto and credit card. You can calculate “what if” scenarios to determine how additional monthly and yearly payment will help you to pay off your loan earlier and save money in interest. Its another additional features are Early Payment Simulation, Extra Payment Tracking, Fast Calculations, Large Numeric Keypad, Amortization Table, Bookmark of Payments, etc.
- Tipulator: It is calculator that helps to calculate tips at a restaurant what you need to do is to enter the bill amount, select a percentage and Tipulater would arrive with the result. It is very simple and beautiful interface wise can be split checked among several people, has optional rounding on check total or tip.
- Graphing Calculator for iPhone: Graphing Calculator for iPhone is an easy to use scientific calculator that plot and trace multiple equations on the same graph. It has custom keyboard to speed up entering in equations, pinch to zoom and drag or slide for scrolling the graph in real time. Its graph view supports portrait and landscape modes, take screen shots and e-mail graphs.
- Medical Calculator for iPhone: It is a next generation clinical calculator and decision supporting tool and is available freely to the medical community. It is focused upon highlighting tools that are very useful in clinical practice and being used for impact diagnosis and treatment. It is a point-of-care tool in areas of cardiology, internal medicine, nephrology, general practice, hematology, gastroenterology, emergency medicine, oncology, orthopedics, respirology, neurology, neurosurgery, general surgery and obstetrics.
- RPN Calculator 1.1: Inspired by my HP calculator it does not use parenthesis and requires less key pressing than usual calculators. For example 3 * (7 – 5) + 2 in RPN is 7 5 – 3 * 2 +. It is provided in three display formats standard, scientific, numbers always are shown with Exx format where xx is a multiple of 3. One can use any of the formats toggling by pressing the “Format” key.
- Units 1.1.2: It is a very helpful application for the iPhone and iPod Touch and allows an easy convertibility of units for the sake of exchange. There units can be converted into Area, Currency, Energy, Temperature, Time, Length, Weight, Speed, Pressure, Power, and Volume. It also has a built in ruler for small quick measurement in need.
Online degrees are becoming more popular with people nowadays. Most people prefer to take their degrees online as it is more flexible and convenient. You can find various degree programs online and all you have to do is select the one of your choice enroll in a school and you are good to go. One of the programs which are offered online is a master’s degree in risk management. The program takes two years for its completion. You need to have a bachelor’s degree before you enroll for this program. The bachelor’s degree may be in any field but bachelor degrees in social sciences, business and developmental studies are given priority as the masters degree would be a way of enhancing the degree. Other than having the degree you need to have a good academic record so that you can qualify to be accepted in an online.
The aspects of risk management include the steps which occur when a risk is about to occur or has already occurred. This leaves one to answer a few questions such as what is the worst hat can happen, how can it be prevented from happening or how will we respond when it happens and if it does happen how much will we pay for it. Risks are not eliminated through good risk management skills but one has to go through the process risk identification, assessment and treatment to be able to solve the problem efficiently. These results work differently for different situations.
Risk management mostly deals with risk prevention, labor laws, theories dealing with security management, auditing, industrial safety and environmental hazards, workers compensations and legislations dealing with compliances. Risk management also helps the students to deal with issues such as public emergency services and planning the prevention of risks which gives the graduates both theoretical knowledge and practical skills to be able to deal with consultant and managerial positions in the business and public sectors. The degree enables the students to learn several issues which constitute general liability, insurance Prevention of property loss and risk theories. It also offers business management and theory knowledge which are a plus for the students. One acquires skills to evaluate and avoid unnecessary risks.
When you have a masters degree in this field you can be able to apply the skills you obtained in different industries as a consultant or a manager. The most common one would be the insurance industry as most of the things you learn can be applied here with ease. You can work as an insurance underwriter, a financial investor or a claims officer. The job growth of this career has been rising and is expected to grow with this trend for many years to come.