Analysis – Page 7
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AnalysisRisk management must influence decision-making otherwise “it’s a waste of time”
No organisation can be without risks, so risk managers must use decision analysis to ensure that they are asking the right questions and taking the right risks, says Hans Læssøe, the founder of AKTUS and former risk manager at The Lego Group
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AnalysisGetting decision (analysis) right
Risk managers can help executives make incisive decisions by running a decision analysis on major projects, but first they must convince executives of the approach
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AnalysisUncertainties can be modelled
Simulation models and analytics are helping risk managers and decision-makers understand the effect of uncertainties and the trade-off between risk and return
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AnalysisRethinking human risks
Human risks are the biggest threats to 21st century organisations and the answer to managing it can be found in behavioural science, according to Christian Hunt, founder of Human Risk Limited
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AnalysisHow to talk to your CEO about risk management
If you want to engage your chief executive, drop the risk talk and focus on what they care about most: making effective decisions, says former chief executive, risk manager and author, Julian Talbot
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AnalysisUnlearn what you know about risk management, do your due diligence and don’t dumb down uncertainty
Alex Sidorenko, chief executive at Risk Academy, opens the inaugural Risk Awareness Week 2019 with this advice: to get closer to making better decisions, risk managers should forget everything they know about risk management
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AnalysisBuilding a risk management framework for a 21st century business
Danny Wong, founder of Goat Risk Solutions explores how to structure the risk management framework to embed comprehensive risk management throughout an organisation
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AnalysisJargon busting – what should risk tolerance, appetite and profiles look like for a 21st-century business?
Risk terminology can get in the way of risk management, says Sarah Gordon.
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AnalysisGetting to grips with risk criteria
Not all risks are easily measurable, but that doesn’t mean they can’t form part of your risk criteria, argues Sarah Gordon, chief executive of Satarla
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AnalysisData is the future of effective risk management
Traditional approaches to risk fail to resonate with senior managers, they are too “subjective” and ”anecdotal”. And if they dismiss risk management, it is because they lack understanding. So, the answer? We need to embark on #ChangingRisk with the use of data, says Danny Wong, CEO of Goat Risk Solutions
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AnalysisThe 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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AnalysisRansomware attacks on cities are rising – authorities must stop paying out
A ransomware campaign that targeted 23 US cities across Texas has raised serious concerns about the vulnerability of local governments and public services to cyber-attacks, writes David S. Wall, professor of Criminology, University of Leeds
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AnalysisHow to build and lead effective risk workshops
From the five-point plan to the elevator pitch, Sara Benwell gets the essential tips on how to build engagement through risk workshops from risk expert and founder of GOAT Risk Solutions, Danny Wong
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AnalysisLess 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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AnalysisGoogle glasses and GPS tracking transform logistics
Germany’s Bertelsmann Group risk manager, Ralf Mareczek, uncovers how digitalisation has optimised its logistics division
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AnalysisAI influences industrial property and Chinese consumer markets
Speaking ahead of the AI workshop, the chair of today’s session, Benedikt Hintze, risk and insurance manager at Georgsmarienhütte Holdings, said: “AI is an important new technology with the potential to change the entire market insurance market.”
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AnalysisAI wirkt sich auf gewerbliches Eigentum und die chinesischen Verbrauchermärkte aus
Der GVNW hat ein Forum rund um das Thema künstliche Intelligenz (AI) in der Versicherungsbranche erarbeitet, das beim Symposium diesen Nachmittag um 15:40 Uhr abgehalten wird.
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AnalysisThe essential ERM toolkit for risk managers
Backed by our #ChangingRisk campaign, we’ve launched a new training programme. This course is first in a series of two. Places are limited, book your place now to avoid disappointment
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AnalysisUsing risk management to influence decisions
Challenge your company’s risk profile, values versus objects, build a risk culture, are some of the outcomes in our risk management training course. This course is the second in a series of two. Places are limited, book your place now to avoid disappointment
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Analysis30 practical steps to implementing ‘Risk Management 2’
Alex Sidorenko outlines a step by step guide to integrating risk management into decision-making, processes and culture – with links to his recommended resources
