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A new renaissance in risk management blog

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Why is GRC important? blog

I have been blogging about what GRC is, advocating the definition developed by the Open Compliance and Ethics Group, OCEG (see this and subsequent posts). But, I haven’t really talked about why the concept of GRC has value.

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WYSIATI - Jumping to Conclusions with Limited Evidence blog

Over confidence in our ability to assess risks has led to more mistakes than we care to admit.  WYSIATI - "What You See Is All There Is"  describes a set of biases that prevents us from becoming better risk managers.  Why is this the case?  Because we jump to conclusions based on weak evidence and confuse correlation with causation. 

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