Analysis – Page 18
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AnalysisDefining your reputation risk
Reputational risk is not “one risk”, but rather a category of risks which may impact your reputation, so how should you define and manage it? Hans Læssøe, principal consultant at AKTUS and former risk manager at Lego Group has this advice
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AnalysisHunting Black Swans
Benedikt Hintze, senior risk and insurance manager, Georgsmarienhütte Holdings shares thoughts on #ChangingRisk and his new book, ‘Insurance Manager Convinces Company Boss’
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AnalysisMajor protection gaps in cyber, nat cats and intangible risks continue to challenge insurers
“We have growth in the insurance market, but significant protection gaps remain” says Giulio Terzariol, chief financial officer at AGCS
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AnalysisWhaley Bridge dam collapse is a wake-up call: concrete infrastructure will not last forever without care
Part of the bridge’s reservoir spillway collapsed after being battered by heavy rainfall this summer, placing the dam at risk of a full collapse. A vital mitigation aid, Mohammad Heidarzadeh, assistant professor in civil and environmental engineering at Brunel University London, takes a closer look at earthfill dam protections
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AnalysisAmazon fires explained: what are they, why are they so damaging, and how can we stop them?
Jos Barlow, Lancaster University and Alexander C. Lees, Manchester Metropolitan University place Amazon fires under the microscope
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AnalysisHong Kong protests highlight need for political risk focus
With tensions escalating in Hong Kong, StrategicRISK takes a closer look at the issue, advising risk managers to ’review and update their business contingency plans and crisis response protocols now’
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AnalysisThe Cathay Pacific breach: a lesson in managing data protection risks
In June, the aviation industry suffered one of the largest known data breaches in recent history when the personal data of 9.4 million Cathay Pacific passengers was compromised. Mark Parsons, Mark Lin and Byron Phillips from Hogan Lovells in Hong Kong unpick the lessons to be learnt
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AnalysisRisk lessons you should learn from Kodak
Historic business failures present some cautionary tales for modern risk managers. In this piece, StrategicRISK takes a closer look at why some of the biggest names in history no longer exist and why.
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AnalysisPlaying for the defence: what risk managers can learn from football
From Paolo Maldini to Sir Alex Ferguson, risk managers can learn from the strategies deployed on the football pitch. And the greatest lessons come from the invisible defender: the goalkeeper or, in other words, the risk manager, writes Adriano Lanzilotto, vice-president, client service manager, (London operations) at FM Global
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AnalysisThe risk manager’s job is no longer about risk defence
We are facing a paradigm shift. Risk management cannot be defensive anymore. Risk management must support the businesses and should be at the root of organisational strategy. Brigitte Bouquot, Amrae president and risk manager for Thales lays out her vision for #ChangingRisk
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AnalysisHow to claim it from the weatherman
Almost nine out of ten businesses are impacted by the weather. In other words, the fortunes of 88% of companies depend on meteorological conditions.
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AnalysisWant to make a difference in risk? Try adapting your soft skills
Dealing with the c-suite is becoming one of the most critical components of a risk manager’s job. And to play a bigger role in #ChangingRisk in their companies, risk managers need to develop critical soft skills, says François Malan, chief risk officer at Nexity
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AnalysisHow not to fail like Debenhams
One of the UK’s largest chains of department stores fell into administration earlier this month, making it the latest in a series of high street failures. So we at StrategicRISK thought we’d ask, how can risk managers help their companies avoid the next big corporate failure?
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AnalysisDoes the Notre Dame blaze mark a failure in risk management?
The fire all but destroyed the roof of the 850-year-old building and felled its spire, to the dismay of thousands of horrified onlookers who lined the streets of Paris. Risk managers in France and across Europe ask, could the disaster have been prevented by more effective risk management?
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AnalysisTraditional risk management versus ERM
Traditional risk management is a one-dimensional view connected to assessing insurable risks; and ERM can help peel back the onion layers to additional dimensions of risks. So how do we go beyond one-dimensional risk assessment? Carol Williams, enterprise risk management consultant and founder of ERM Insights, has this advise
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AnalysisFinally, an effective alternative to risk matrices
Alternatives to risk matrices have been around for decades, the question is why aren’t risk managers using more effective methods? Alex Sidorenko, chief executive of Risk Academy, outlines the steps to enhancing the use of matrices
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AnalysisPushing nat cats up the chain of command
CFOs are increasingly being held accountable for losses arising from nat cat events. Their best defence? To team-up with their risk manager
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AnalysisEverything risk managers need to know about Lloyd’s and its £1bn loss
“This performance is not of the standard that we would expect of a market that has both the heritage and quality of Lloyd’s and we are taking further actions,” says Lloyd’s chief
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AnalysisLet’s rethink the bow tie model so we can effectively articulate risk
Home in on cause and outcomes not incidents and risks, writes Tony Thornton, ERM and business continuity expert
