All StrategicRISK Global articles in Online only – Page 174
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AnalysisQuantitative risk analysis can triumph if applied correctly
Here’s some Friday fun: in a two-week experiment to prove the value of quantitative risk analysis, Alex Sidorenko, chief executive of Risk Academy, and a consortium of risk managers took extreme measures. They set out to build a risk model for winning the lottery. The result was very positive…
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Expert ViewsOne-way ticket to a green future
Climate change concerns are fuelling a change in direction as air travel industry explores environmentally friendlier alternatives. The risks of such innovation are high, but the greatest risk of all is standing still
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Expert ViewsTaxis: prosperity and pain
Ride-sharing apps like Uber have been both good and bad for taxi drivers. But the introduction of autonomous vehicles is likely to signal a bleak future for all professional drivers – and challenges for insurers
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Expert ViewsAutomating the high seas
The world’s first fully automated vessel is expected to set off on its first unmanned voyage by 2022 and that promises to be a good thing for the environment. But the innovation comes from an unlikely corner of the marine industry
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Expert ViewsFast track to rail innovation
Advancements in train travel are notoriously slow. So it is unexpected that railways could be the root of the first significant innovation in mass passenger transit in more than a century
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AnalysisTop risks: a consolidated analysis
We are bombarded by numerous reports of the top risks to companies now and in the future. But what do they really mean for risk managers? Gabriel Souza, risk management specialist takes a detailed look at six risk reports and has this analysis
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AnalysisEnvironmental bonds: When polluter pays
If a site suffers an environmental accident, the operator is liable for clean-up – even if insolvent. Environmental bonds let you breathe, knowing your costs, and your reputation, are covered
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AnalysisRisk monitoring: 6 considerations for understanding this make or break moment
Businesses take risks all the time but fail to monitor and manage these risks effectively, but Carol Williams, enterprise risk management consultant and founder of ERM Insights, has some tips to ensure risk monitoring is done in a way
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AnalysisWill insurers join us in the future?
The ever-shifting business landscape means all too often new risks are labelled ‘uninsurable’. But insurers do want to change this. Our latest campaign, #ChangingInsurance, aims to push things forward
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AnalysisStrategicRISK Europe Q2 2019: Our world at war
US versus China, UK versus Europe – how can companies navigate the numerous political battle lines being drawn around the globe?
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AnalysisSeverity or frequency – which comes first?
We all need to set priorities but when we need to speak about actions at company level, with the focus on performance transformation and stakeholder value, have we really analysed what this actually means? Adrian Clements, international enterprise risk manager, has these tips
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AnalysisTop 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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AnalysisWill insurers ever be able to address reputation risks?
Reputation risk tops the table of greatest risk in CNA Hardy’s recent survey. But it is still difficult to insure. If insurers want to play their part in #ChangingInsurance, they will need to develop risk manager relationships beyond binary transactions and immerse themselves in their clients’ company
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AnalysisBrexit consequences for Lufthansa Group
Martin Gary, managing director and risk manager for the airline’s in-house broking company talks about how he is preparing for a hard Brexit
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AnalysisCulture and trust in a complex and disruptive world
Disconnected risk culture (DRC), says Alan Hilburg, president, Hilburg Associates, is the single greatest threat to organisations over the next five years. Why? Failing to culturally connect multi-generational and multi-cultural workforces has created a global crisis of distrust within organisations - and historic levels of risk.
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AnalysisRisk culture – creating clarity from chaos
Corporate toxicity, disruptive innovation and competition – can all be managed with strong risk culture set from the top down, writes Horst Simon of The Risk Culture Builder
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AnalysisRisk-manage your EBITDA with transparency
Most executive decisions are made with the company’s EBITDA in mind. So, aligning your key risk indicators to your EBITDA will ensure that the risk department stands out. But achieving this isn’t always easy. Adrian Clements, international enterprise risk manager, has this advice
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AnalysisEverything you need to know about the G20 summit
In this must-read piece from Andy Gilholm, principal and director of Analysis at Control Risks considers the outlook beyond the G20 talks and considers some specific escalation risks including China’s planned “unreliable entities list”.
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AnalysisWill cyber policies cover huge GDPR fines facing British Airways and Marriott International?
The penalties come two days after British Airways was fined £183m by the Information Commissioner’s Officer for a separate data privacy breach
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AnalysisManaging major infrastructure risk
Major infrastructure projects present considerable opportunities to developers and investors, but transparency and corruption continue to threaten
