Analysis – Page 17
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Analysis
How to use data to build an impactful narrative in risk discussion
Danny Wong, founder of Goat Risk Solutions explains how data can help risk managers engage the c-suite and make better business decisions
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Analysis
StrategicRISK Q3 2019: Smoke without fire?
We all know: Don’t believe everything you read. But in a social media-led world where fake news works so hard to be king, how do we avoid getting burned? Because the most crucial messages could be lost if we can’t discern the facts from the fiction
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Lloyd’s reveals hundreds of harassment witnesses
An independent advisory group will be set up to ensure it is taking the right actions
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Defining 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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Analysis
The myths that hold risk managers back from making a difference at the top table
“I look after strategic risk and you look after operational risk”. When you place risk management into categories, you stop performing ERM and prevent yourself from helping the board make risk-intelligent decisions. Here’s Sarah Gordon’s (chief executive of Satarla) take on #ChangingRisk and influencing decision-making
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Less talk, more action
To transform risk management and ensure we are effectively #ChangingRisk, we have to “look in the mirror and ask, what can you do better?” says Alexander Mahnke, president of GVNW and CEO Insurance (Controlling & Finance, Financing) at Siemens
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Analysis
New dimensions in risk
Just before the start of this year’s GVNW symposium, GVNW board member and FERMA’s president-elect spoke to StrategicRISK about how he will aim for the future, with a pinch of digitalisation and an eye to the next generation
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Analysis
Amazon 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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Top risks: a consolidated analysis
We are bombarded by numerous reports of the top risks to companies now and in the future. But what do they really mean for risk managers? Gabriel Souza, risk management specialist takes a detailed look at six risk reports and has this analysis
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Analysis
Lloyd’s risks becoming ‘irrelevant’ unless it grasps tech revolution, says boss John Neal
’Once-in-a-generation opportunity’ to lead the marketplace in delivering innovative services and solutions, argues Lloyd’s head
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Avoid emerging risk blindness with a 12-point checklist
Too much focus on near-term of visible risks will put companies at risk. But a 12-point checklist by Airmic and Marsh could help shake up risk assessment and enhance risk management practices
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My year as Chair: Lynda Lucas
Before she passes the baton to incoming chair, Tim Murray, Lynda Lucas gives us the lowdown on her greatest achievements in the hot seat during her time as chair
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Risk managers want to become better storytellers
Risk managers are seeking to acquire a rather unexpected skill, according to Airmic.
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Who to see and what they’re saying at Airmic 2019
AIG, stand: 29-30 Who will be there? AIG has a team of experts from across the business to provide attendees with access to a broad range of specialists, including, Jon Gregory, global head of kidnap & ransom and crisis solutions, who presented on the topic, No crisis ...
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Analysis
Want 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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Analysis
Insurers are covering reputational risk
For too long there has been a mismatch between the cover that risk managers demand and the policies that insurers are willing to provide.
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How would you risk-manage the Ethiopian Airlines crash?
Investigations are on-going as to what caused the disaster but what has ensued so far are a range of crisis risks, from reputational damage to share price loss. Risk managers offer their views on how they would lessen the impact
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Can Lloyd’s reinvent itself after its £1bn loss?
After more than 330 years, the venerable insurance market Lloyd’s of London has announced plans to overhaul the antiquated way it does business
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Why the whole concept of risk appetite is nonsense and how to change it
The concept of risk-appetite has been around for years, yet so many risk practitioners still find themselves confused and unsure how to quantify, formalise and document it. Well, the short answer is you don’t need to. There is a better way, writes Alex Sidorenko, chief executive of Risk Academy
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Let’s harness the future talent of risk
A new generation of risk professionals will enter the profession with diversity of new skills and thinking. We need to harness and encourage their development so that together, we are #ChangingRisk for the better, writes Patrick Aubrey, risk manager for Turner and Townsend