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Discussing our prior post on Asset Management and Risk Management

Asset Management and Risk Management ISO 55001:2014 specifies requirements for an asset management system within the context of the organization. It can be applied to all types of assets and by all types and sizes of organizations. It is also the third management system to be written in the new ISO consolidated “Annex SL” format. The very important news is that Asset Management has been transformed from an isolated activity (BS PAS 55) to an activity guided by the international…

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How to Build Robust Asset Management Plans that Prepare You for the Unexpected

Build Robust Asset Management Plans that Prepare You for the Unexpected Asset Management (AM) refers to any system that monitors and maintains things of value to an entity or group. If the entity is an Enterprise, then the acronym EAM is used to define Enterprise Asset Management. AM may apply to both tangible assets such as the physical elements constituting an infrastructure, but also to intangible concepts such as intellectual property and goodwill. AM is a systematic process of operating,…

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Riskope’s participation to the 2014 International Symposium on Business and Management

Riskope’s participation to the 2014 International Symposium on Business and Management in Nagoya was decided last winter as we strongly believe that our proprietary Optimum Risk Estimates (ORE) methodology has to be brought to the attention of an increasing number of industries and decision-makers world-wide. ORE allows to enhance governance and leadership, transforming threats in competitive opportunities by having a clearer understanding of the risk landscape of a corporation. During the conference Franco Oboni, the CEO of Riskope chaired a…

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Let’s define Strategic, Tactical and Operational planning.

Strategic planning is an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. Generally, strategic planning deals, on the whole business, rather than just an isolated unit, with at least one of following three key questions: “What do we do?” “For whom do we do it?” “How do we excel?” For example, the first and third questions are those that motivate an acquisition. Acquisitions are thus strategic choices. Typically strategic…

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