Lessons from U of Calgary’s Cyber Ransom: How to Protect your Organization

Why would a sophisticated university need to succumb to paying a ransom to petty cyber thieves? According to Linda Delgetty, University of Calgary’s Vice-President of Finances and Services, “…. we did that solely so we could protect the quality and the nature of the information we generate at the university.”1 In other words, the university […]

Staying Current on Leading Risk Management Practices

I was honoured to be included on a panel  at this years FEI Canada’s annual conference held in Winnipeg in June 2015.  A large audience attended the session on Leading Practices in Implementing Risk Management. This subject is evidently top of mind at many organizations in Canada. In writing this article which appears in the […]

Quantifying What Keeps Leaders Awake at Night

It was a pleasure to be acknowledged as a contributor to an excellent paper appearing in the UK’s widely read “Governance” magazine, March 2015 Issue 249.1 In their article entitled “Risk Oversight”, esteemed colleagues Ghislain Giroux Dufort (of Baldwin Consulting) and Denis Lavoie (of VIA Rail) address how executives and directors of organizations can monitor […]

Regulatory Risk: Officers and Directors Face Big Personal Liabilities

I was pleased to be recently quoted in the covering story in the January 2015 issue of “Canadian Insurance”, however, the key message should be alarming for Canadian executives and directors. Recent adjudication by the courts relating to pollution clean-up costs at the now bankrupt Northstar Aerospace has left 13 executives and directors personally liable […]

Auditing Business Risks

In this Commentary, we examine two corporate catastrophes which occurred within the last year, focusing on the damage done and on the ensuing personal risk to the directors and officers (D&O’s). In both cases, D&O’s failed to identify, manage and act on protection for stakeholders against the key risks. At the conclusion, we provide a […]

Gain Competitive Advantage Through Enterprise Risk Management

  On June 2nd, 8:30 am-noon  at the Albany Club in Toronto, at a session of the Canadian Society of Corporate Secretaries, I will be joined by John Fraser from Hydro One, and we’ll be jointly speaking on Enterprise Risk Management (ERM). Proactive organizations world-wide are gaining a competitive advantage through ERM, by targeting objectives with more […]

Escalating Management and Directors Liabilities

In This Issue: Escalating Management and Directors Liabilities Next week on May 13th, I will be on a panel addressing Directors Liabilities at a session being put on by the Institute of Corporate Directors. I’d encourage you to attend. The session will cover strategies for directors to limit their liabilities by making sure they take […]