Analysis – Page 4
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Analysis
Top 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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The 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
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Re-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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Risk 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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Less than two-thirds of businesses worldwide are confident about their ability to manage risks to business growth
Confidence levels vary dramatically from 39% in the UK to 70% in Continental Europe as protectionist economic policy threatens to undermine companies’ international growth ambitions
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Traditional risk management concerns prevail in global corporations
Traditional financial and operational performance top global risk management concerns over the next 12 months, while much-publicised issues such as environment, tax and diversity lag well behind
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Dive In 2018: Our battle against bias
Ahead of this month’s Dive In festival, Karla Gahan of VinciWorks, says “by relying so heavily on shortcuts, we are tapping into our biases and risk making poor choices”
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Why does risk management need a systemic approach?
Christoph Schwager, managing director of SRI Strategic Risk Institute and former Chief Risk Officer, Airbus Group and Partner EY explains why risk management always needs a systemic approach.
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I am in the process of developing my ERM programme. What common mistakes should I avoid?
When it comes to implementing a successful ERM program, sometimes learning what not to do is just as important as learning what to do. StrategicRISK spoke with one of Taiwan’s most experienced risk managers, Jeff Yeo, to get his tips and tricks on ERM.
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“Risk? What risk?” How do you get buy in from risk owners who want to tell you they have no problems?
Seasoned risk and internal audit leader Chris Corless discusses the road block most risk managers have come up against—the resistant risk owner
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Four future risk management trends you need to know about today
StrategicRISK spoke to Risk Academy chief executive officer, Alex Sidorenko, for some crystal ball gazing about what the future of risk management might look like
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Why do we need risk management?
Renowned author, blogger and retired chief audit executive, Norman Marks, questions why we need risk management and what role ERM plays.
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Define data first, clean up second – Mazars
With Europe’s GDPR rules on information privacy inbound, Mazars is busy advising clients on their priorities to meet the compliance deadline
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Grenfell review poses construction standards questions
The risk culture of the construction sector and ambiguous regulation are major fire safety problems, according to the independent review of the Grenfell high-rise disaster
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No frills approach bites Ryanair
The recent pilot debacle at airline Ryanair is a prime example of how governance decisions made at the board level can have wide reaching implications. Risk managers across all sectors should take heed of the lessons learned. By Antony Ireland
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Culture biggest risk management challenge - MARM's Stafrace
Focusing on controls will not save a company when human error inevitably plays its part, said Stafrace, board member for the Malta Association of Risk Management
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AMRAE president dares risk managers to challenge processes
Risk managers need to meet disruption with daring, according to Brigitte Bouquot, president of AMRAE
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Risk management in France – a changing picture
More women are becoming risk managers in France, AMRAE’s latest barometer shows
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New data law can improve risk management and strengthen customer relationships
Report finds new data protection regulation can give companies a competitive advantage
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Risk culture must evolve to deal with fast-changing risk landscape
Traditional risk management techniques may become less appropriate to deal with new risks