Analysis – Page 31
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AnalysisRe-think, Enable, Execute – a modern approach to risk management
It is time to re-think what you are doing to optimise risk, add value and get business rewards. If your focus is on control and mitigation, you will just take less-and-less risk and the result is less-and-less reward. This is Horst Simon’s of Risk Culture Builder rview for #ChangingRisk
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AnalysisHow 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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AnalysisVirtual panel discussion: How to elevate risk management with risk-based decision-making
Our panellists – Alexander Larsen, Alex Sidorenko, Danny Wong, and Hans Læssøe – answer questions from the audience about how best to apply risk-based decision-making and overcome the challenges of board and c-suite engagement
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AnalysisHow you can achieve decision-focused risk management in minutes
Prudent risk management can take minutes and can be easily be scaled up, with the right approach, says Hans Læssøe, former risk manager of The LEGO Group
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AnalysisBrexit, uncertainty, and values at risk: the top five risk management lessons
There is no question that Brexit is a monumental case of either risk management or the lack of it. What, then, can my academic discipline offer to those embroiled in this frustrating combination of labyrinth and quicksand? asks Anette Mikes, professor at HEC - Université de Lausanne
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AnalysisRisk managers can become facilitators to strategic decisions by taking these key steps
To influence, risk managers must challenge the quality, prudence, and value of executive decisions, but many may feel untrained to do so. In this video interview, Hans Læssøe, principal consultant at AKTUS and former risk manager of The LEGO Group, walks us through the steps
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AnalysisThe abuse of 'risk'
Risk can be a good thing – business survive and thrive on good risk management. But the problem is, because we have all been misusing the word ‘risk’, its true meaning is now lost, writes Tony Thornton, ERM and business continuity expert
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AnalysisA how-to guide on how to apply decision-focused risk management in practice
StrategicRISK and Hans Læssøe principal consultant at AKTUS and former risk manager of The LEGO Group took to LinkedIn for a ‘live’ Q&A on how best to carry out decision-focused risk management. Here’s how our discussion played out
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AnalysisWhy current risk definitions just don’t work
‘Intangible’, ‘the effect of uncertainty on objectives’, ‘likelihood’, ‘probability’, ‘consequence’, and ‘impact’ – do these perennially-used terms add clarity to risk management practices or do they just dilute and confuse what we do? asks Tony Thornton, ERM and business continuity expert
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AnalysisEthiopian Airlines crash broker and insurer named
Ethiopian Airlines Flight 302 crashed shortly after take off, south of the Ethiopian capital Addis Ababa on Sunday, killing 157 passengers and crew. StrategicRISK is placing the crash under the microscope and will be investigating further. Here’s what we know so far
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AnalysisWhy 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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Analysis(Mal)practices in the use of risk matrices: is there an alternative?
The effectiveness of risk matrices has long been debated with some questioning its value – so let’s assess other risk methods, including multi-criteria, writes Slawomir Pijanowski, risk management expert and consultant for Atos Consulting
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AnalysisLet’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
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AnalysisHere to help, not hinder: shaping the future of risk
Backlit by our #ChangingRisk campaign, we quizzed Katie Moore, Vodafone’s senior group risk manager and ever-popular resident foodie, on how she would shape our industry’s future and how to challenge the misconceptions about who we really are
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AnalysisHow risk managers can prevent the next big cyber attack
Training employees to log themselves off the computer system when they walk away from their desks and spot suspicious emails is key to avoiding cyber breaches, the incoming head of risk and insurance for communications regulator OfCom has warned
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AnalysisDecision-focused risk management – in four steps
Decision-focused risk management may seem very different to traditional risk management, but making the change is not as challenging as it may appear, writes Hans Læssøe principal consultant at AKTUS and former risk manager of The LEGO Group
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AnalysisWhat risk managers need to know about managing AI risks
Many more companies are implementing AI into their operations, but the risks and insuring them, are about to get a lot more complicated
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AnalysisRisk management blended with data will deliver incisive decision-making
Risk management is transforming, but data is the game-changer in #ChangingRisk for the future, says Danny Wong, founder of GOAT Risk Solutions and former director of corporate risk at IHG
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AnalysisAmrae 2019 in photos
More than 2,500 delegates across Europe gathered at the 27th Amrae Rencontres. Here’s the story in photos
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AnalysisProtecting against the top three risks climate change, political risks and cyber threats
As risk managers gather for the AMARE Rencontres in Deauville, Julien Guénot, Country leader, France at AXA XL, considers the risks keeping risk managers awake at night.
