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Musings by the Tao Of Risk

Speaking at the RIMS 2018 Annual Conference!

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RIMS 2018 is
almost here!
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Please join me and my colleague Jeff Verner at RIMS2018 for our session "Robots and Risk Management".  

Today we are on the verge of a technologic explosion driven by disruptive technologies such as technology robots, artificial intelligence (AI), Internet of Things (IoT), deep learning, and Big Data. These disruptive technologies are rapidly and dramatically altering the world we live in; pushing the pace of technological evolution to warp speed. The rate of change driven by disruptive technologies require that we fundamentally change the way we think about risk management. Disruptive technologies present countless opportunities for risk practitioners to create value instead of simply preserving value through organizational and regulatory compliance. 

Bi-modal Risk Management (BRM)

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This is an update to my new writing project.  Bi-modal Risk Management (BRM) recognizes that we must preserve the value we have already created but at the same time seek to create new value.  My new book illustrates how risk practitioners can use new technologies like artificial intelligence (AI), deep learning, or the Internat of Things (IOT) to create value.  Check back here and follow me on Twitter (@TaoOfRisk) for updates over the coming months as I finalize the manuscript and publish the book.  

Speaking at the ISACA Ireland 2018!

ISACA Ireland 2018 logo

ISACA Ireland 2018
is almost here!
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Please join me for my session "Risk Management in the Post-Information Age".

Disruptive technologies such as AI, IOT, and Bots are driving frenetic change in nearly all industries. Experts at IBM suggest that, by the end of this decade, disruptive technologies will cause the collective knowledge of humankind to double every 12 hours. This dramatic rate of change presents incredible opportunities (The Good) as well as unprecedented risk (The Bad). Unfortunately, current risk management practices are woefully inadequate for dealing with the unparalleled risk associated with the Post-Information Age (The Ugly).  

This session will explore risk management practices from the 1500s to today and make a case for the rapid evolution of current risk management practices. The session will present bimodal risk management as the next generation of risk management practices.  Bimodal risk management allows organizations to achieve compliance-driven value preservation while simultaneously using value creation to capitalize on the opportunities presented by disruptive technologies. During the session, we will explore examples of disruptive change in the financial sector, transportation sector, and others. We will offer specific strategies and tactics that enable organizations to prepare for the future and set the stage for transitioning to bimodal risk management.

New Writing Project

Bimodal Risk Management - A Survival Guide for the Future

I have started my next writing project that presents a risk management approach to help people and organizations cope with the massive technologic change we are facing today. Today we are on the verge of a technologic explosion fueled by artificial intelligence (AI), Internet of Things (IoT), deep learning, Big Data,  technology robots, and other disruptive technologies.  These disruptivie technologies are rapidly and dramatically altering the world we live in; pushing the pace of technological evolution to warp speed. 

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