Maximizing the Benefits of GRC: Expanding Beyond ERM October 3, 2024 By Origami Risk Enterprise Risk Management (ERM), a cornerstone of modern business strategy, gives organizations a clear view of potential threats and opportunities. However, as businesses grow, the ability to effectively manage risk can be significantly enhanced by adopting a holistic approach to Governance, Risk, and Compliance (GRC). By expanding risk management efforts beyond ERM to business continuity, … Continued
4 Keys to Successful Enterprise Software Adoption: A Change Management Perspective October 1, 2024 By Origami Risk Congratulations, your organization has selected new enterprise software after investing significant time and resources through due diligence, vendor demos, and a rigorous vetting process. It’s an exciting milestone, but the real work is just beginning. The journey from software selection to successful implementation and adoption can be fraught with challenges. Even after such careful consideration, … Continued
Redefining the Modern Risk Professional: Navigating Novel Risks and Driving Strategic Decisions September 11, 2024 By Origami Risk In a recent OCEG webinar, Origami Risk was joined by Allen Gershenson, Vice President of Ethics and Compliance at McCarthy Building Companies, Inc. to explore the evolution of the risk professional’s role. A Modern Risk Professional – Defined Traditionally, risk professionals have focused on defining, tracking, and measuring enterprise risk, primarily responding to challenges as … Continued
Navigating Complexity: Tactics and Tools for Effective Healthcare Risk Management September 4, 2024 By Origami Risk As healthcare organizations face many interconnected risks, the need for effective risk management strategies and supporting technology has never been more critical. Taylor Potoczak, Director of Enterprise Risk Insurance at Cleveland Clinic, and Anooja Cannon, Senior Healthcare Market Strategy Lead at Origami Risk, recently explored this topic in a webinar titled “Navigating Complexity: Tactics and … Continued
Modernizing Policy Management: The Urgent Need for Automation August 23, 2024 By Origami Risk Effective policy management is critical to maintaining organizational integrity, compliance, and operational efficiency. Yet, many organizations remain trapped in outdated, manual processes that create a mess of confusion, inefficiency, and risk. The reliance on documents, spreadsheets, emails, and scattered policy portals, websites, and file shares not only hampers back-office functions responsible for managing policies but … Continued
Speed to Market: The New Imperative in Insurance August 20, 2024 By Origami Risk This article was originally published on the Dais website as part of the “Lessons from the Frontlines of Innovation” series. Speed to market is a must. The race is on as innovative insurers strive to outpace their competitors, recognizing that the first to market often reaps the biggest rewards and delays of just a few months can … Continued
Making the Leap to Integrated Risk Management: 3 Steps to Implementation August 5, 2024 By Origami Risk The following article was originally published on the Public Risk Management Association (PRIMA) website. Written By: Michael Fix, Sales Associate, Government Practice In an increasingly complex and interconnected world, too many risk and safety teams continue to function with siloed data, systems, processes and operations. Without cohesion between risk management and safety teams, organizations miss out … Continued
Evaluating and Mitigating Third-Party Risks Post CrowdStrike Incident August 2, 2024 By Origami Risk In mid-July 2024, a significant software update issue from CrowdStrike led to widespread disruptions, notably impacting healthcare systems. The incident underscores, yet again, the critical need for robust Governance, Risk, and Compliance (GRC) strategies that anticipate and mitigate risks associated with third-party software. Here’s a look at what happened during this incident and how GRC … Continued
ERM 101: The Basics of Enterprise Risk Management June 13, 2024 By Origami Risk When a manufacturing company suddenly faces a significant supply chain disruption due to a natural disaster in a critical supplier’s region — without a robust risk management strategy — they must scramble to find alternative suppliers, which leads to production delays, increased costs, and dissatisfied customers. Now, consider the same scenario with an effective Enterprise … Continued
Client Q&A – Julie Bean, RIMS 2024 Ron Judd Heart of RIMS Award Recipient June 12, 2024 By Origami Risk Each year, RIMS, the risk management society® ️bestows the Ron Judd Heart of RIMS award in recognition of a RIMS member whose volunteer contributions have played a major role in keeping the society vibrant and resilient. This year’s recipient is Julie Bean, Head of Risk Management at Chamberlain Group. As a follow up to a … Continued