Analysis – Page 30
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AnalysisThree easy steps to ensure an optimal outcome for enterprise risk management
You have been asked to meet a deadline to accomplish a given goal for enterprise risk management in your organisation. What is the first thing you do? Carol Williams, enterprise risk management consultant and founder of ERM Insights
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Analysis16 essential questions to ask for effective scenario planning
Scenario planning can help executives better understand the impacts of new goals and objectives set out in the organisation’s strategic plans. Here’s how you can optimise your scenario planning, writes Carol Williams, enterprise risk management consultant and founder of ERM Insights
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AnalysisRisk culture – creating clarity from chaos
Corporate toxicity, disruptive innovation and competition – can all be managed with strong risk culture set from the top down, writes Horst Simon of The Risk Culture Builder
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AnalysisCulture and trust in a complex and disruptive world
Disconnected risk culture (DRC), says Alan Hilburg, president, Hilburg Associates, is the single greatest threat to organisations over the next five years. Why? Failing to culturally connect multi-generational and multi-cultural workforces has created a global crisis of distrust within organisations - and historic levels of risk.
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AnalysisTop 10 tips for building risk culture
Identifying, analysing and dealing with risks is against human nature. The sooner we accept this, the easier it will be to integrate risk management into decision making, writes Alex Sidorenko, chief executive of Risk Academy
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AnalysisTop 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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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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AnalysisWhat should your risk function deliver in the 2020s?
The 1990s was the decade of training. Then came the decade of assuring, when audit drove the risk agenda. This decade, companies have developed a “look forward” culture, but what should the next decade in risk bring? Bryan Whitefield, risk consultant, has this answer
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AnalysisAvoid 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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AnalysisAre risk managers becoming more strategic?
Airmic’s annual survey points to a more qualified profession with greater ambitions to support strategic decision-making. But how can they realise this ambition? StrategicRISK takes a closer look at the story behind the statistics
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AnalysisGlobal tensions place risk managers in a bind
A growing tension between global markets - that are reliant on the removal of barriers - and local politicians - insisting on building walls - has backed risk managers into a corner, according today’s ‘new world challenges’ panel debate
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AnalysisWho 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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AnalysisCrisis management 101
If we asked each company how their crisis plans are structured and managed, we will likely see inconsistencies, out-of-date procedures; ill-prepared stakeholders, says Gabriel Souza, risk management specialist. Here’s his advice
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AnalysisWhy insurance companies are failing to deal with emerging risks
Better training, staffing strategies and adapting product development are three effective methods to mitigating emerging risks, says the Cambridge Centre for Risk Studies
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AnalysisFerma launches new manifesto promoting sustainability, education and digital transformation
On “Europe Day”, Ferma has launched a new manifesto outlining the key risk management priorities for the upcoming European elections
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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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AnalysisInsurers 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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AnalysisOptimise your risk management and make your actions decision-focused
As risk managers, we’re haphazard at application of decision-focused risk management because we don’t ask hard questions. No longer should we worry about the internal fallout of these questions and ask ourselves, how can we confidently challenge executives for more accurate outputs? asks Matt Livingstone, independent risk specialist
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AnalysisThe future is in the ‘radical risk management process’
Risk management is a mental process, not a technical one of data gathering, evaluation and reporting. Those who do nothing will just be exploited by those who constantly change and improve. So, swap tradition for a four-tiered ‘radical’ risk management process, writes Horst Simon of Risk Culture Builder
