Analysis – Page 8
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Analysis
Optimise 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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Analysis
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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Analysis
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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Analysis
Virtual 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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Analysis
How 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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Analysis
Brexit, 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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Analysis
Risk 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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Analysis
The 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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Analysis
A 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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Analysis
Why 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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Analysis
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
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How 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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Analysis
Decision-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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Analysis
What 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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Analysis
Amrae 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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Analysis
Regulation, environment, cyber and reputation: a risk manager’s perspective on France’s top risks
The risk landscape is growing in complexity and the advice from Francois Malan, chief risk officer at Nexity, is to upskill and get close to the board
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Analysis
Amrae president calls for fresh approach to risk, as WEF highlights challenges in geopolitical, cyber, and climate change
Speaking to StrategicRISK before opening this year’s conference, Brigitte Bouquot urges the risk community to evolve their approach and take the reins in building resilience against complex risks
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Analysis
A lesson from Nike’s #MeToo moment: how sexual discrimination could impair your brand
Businesses can no longer turn a blind eye to gender discrimination and toxic culture. And if ethics don’t motivate, maybe shareholder displeasure and brand damage will
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Analysis
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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Analysis
Only a third of insurers report digital transformation success
As an industry, insurance is lagging in the technology space