Features
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Features
Heathrow’s fire was a wake-up call – here’s what risk managers must learn
The March 2025 substation fire that grounded Heathrow Airport for more than 16 hours disrupted over 270,000 passenger journeys and exposed systemic weaknesses across the UK’s critical infrastructure. StrategicRISK speaks to seven senior experts to explore what went wrong – and how to prepare for what’s next.
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Features
Deep dive: how businesses can build resilience against black swan events
Can businesses prepare for unforeseen Black Swan events, or is resilience the only viable strategy when facing an unknowable future? Observing the firms that bounced back best from previous crises could teach us a lot.
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Spotlight on: how risk managers can tackle threats emerging from Israel
The conflict in Gaza and Israel is causing immense human suffering and crippling financial impacts, casting a long shadow over the region. As ramifications threaten to extend beyond the conflict’s borders, crisis planning must be a priority. Matt Scott reports.
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Risk tool spotlight: How to run a successful risk workshop
A well-designed risk workshop is an effective way to pinpoint, assess and devise action plans. But how can risk managers ensure that these workshops really achieve what they set out to? Sara Benwell reports.
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Spotlight on: risk engineering and how to use it to improve resilience
Risk engineering solves problems before they can occur, providing the practical information you need to make decisions that prevent losses and interruption. And your insurer will love you for it, reports Sara Benwell.
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Spotlight on: the risks of doing business in china
Inscrutable new anti-espionage rules and opaque government processes set against a rocky COVID recovery and geopolitical tensions make risk management in China more crucial than ever. But it requires a creative approach and solid local connections. Trevor Treharne reports.
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Spotlight on: risks facing the financial services sector
Financial services firms face a significant cyber insurance coverage gap, as well as growing threats related to climate, geopolitics and technology. Here’s how to tackle the risks
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Dealing with disaster: how to make sure your business is prepared for the worst
When catastrophic weather devastates businesses, insurance alone can’t – or won’t – be enough. Know your exposures and devise mitigation plans now, before it’s too late.
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Spotlight on: US-China trade tensions and how to manage them
Tensions between the United States and China continue to cause concerns around supply chain risks. Best-selling author and qualified risk director, Michele Wucker, explains why de-coupling is not the answer.
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Everything risk managers need to know about North Korea
North Korea’s combination of cloak-and-dagger unpredictability and positioning makes it a presence that is at best disquieting, at worst deeply alarming for risk managers in APAC and beyond.
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Spotlight on: bird flu and the risk it could spread to humans
The FAO, the World Health Organization (WHO), and the World Organisation for Animal Health (WOAH) are urging countries to work together across sectors to prevent the spread of bird flu
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Business interruption is a top risk in APAC - why European risk managers should care
As a manufacturing hub, the APAC region is a crucial cog in the global supply chain, but evidence suggests that business interruption is a concern. Here’s what risk managers need to know
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Keeping the lights on
Energy risk is a growing concern in a world where resources are becoming increasingly scarce, but mitigating this risk now offers a wealth of additional benefits
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Features
Philip Osmond, British Airways
In an exclusive interview, the airline risk boss explains how you can't always plan for every eventuality and why risk resiliency is the order of the day
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How to: Deal with nanotechnology risks
Nanotechnology is carving new frontiers in manufacturing, medicine and food processing, creating a stream of new risks in its wake
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Gagged and caged
The likes of Facebook and Twitter have created new ways for businesses to connect with their customers. Now they must learn to use these social media platforms while not ignoring the reputation risks they pose
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Plight of the honeybee
Pesticides, parasites, disease – the growing list of aggressors against the humble honeybee is causing the population to die out and, Emily Miller warns, the ramifi cations will be huge
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How to: Make sure you're ready to face the judges
When Standard & Poor’s added risk management to its credit rating assessment, some doubted it had the credibility to properly judge the discipline. But as a good rating is vital to success, says Nathan Skinner, does your ERM do enough to impress the panel?
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Winning treatment
Launching a series of fi rst-hand accounts of practical risk management, Mike Florence, who led AstraZeneca’s programme, explains how the team’s strategy has breathed new life into its respiratory and infl ammatory efforts
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Time to clean up your cover
While regulations bringing in the ‘polluter pays’ principle came into force in the EU some three years ago, experts fear many companies think only ‘heavy’ industries are at risk. Just relying on your public liability policy could end in fi nancial disaster