StrategicRISK Q4 2024 Edition | StrategicRISK Global

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From the Q4 edition

SR Q4 2024: A resolution for change

Closing out another rollercoaster year, it’s easy to feel overwhelmed and not exactly brimming with cheer. But risk managers are tougher than that. We continue to prove that this industry is the place for resilience, innovation and e ecting real change. Bring on 2025

How risk managers can cultivate talent in their organisations

Poor people management can have a profound effect on a business – hitting productivity, innovation and morale. More attention must be given to the roots of people risk if we don’t want the talent to run dry.

Country spotlight: How Latin America is digging deep on ESG risks

World leaders in the mining industry, Latin American countries must focus efforts on meeting risk management expectations surrounding safety and sustainability. Two of the region’s experts drilled down into these topics.

Risk tool spotlight: How to use risk visualisations to improve data-driven decision-making

Risk visualisations are an essential tool for transforming complex data into something decision-makers can really use. But there are ways to elevate your graph game, and ways you can really devalue those visuals. We dug into the research on maximising your visualisation strategies.

The connector: how MTR’s Synthil Chetty is redefining the role of the risk manager

Agile risk management starts with knowing everything about your business and exactly where it’s heading. For that, you need to forge connections with every discipline, says MTR’s chief enterprise risk manager, Synthil Chetty.

How to hire and inspire the risk leaders of the future

Today’s young talent is demanding a well-defi ned career path that is meaningful and purpose-driven. How do we convince the next generation of go-getters that risk is more strategy than spreadsheet, and could shape them into the changemakers of the future?

Sector spotlight: How the construction industry is building the foundations for better risk management

In an industry built on layers of complexity and involving significant human risk, construction risk management needs deep collaboration and planning – long before the first brick is laid.

Special report: People risk

Case study: how a nuclear power plant uses digital twin technology to improve operational safety

Introducing digital twin technology to a nuclear power plant is no simple task. But GleeYM’s Yasir Masood, a risk consultant on one such project, explains how it ultimately provided twice the foresight to predict problems, reduce disruption and, crucially, optimise safety.

The enthusiast: Compass Group’s Scott Feltham, discusses his passion for risk management, collaboration and innovating

Heading up insurance buying for the world’s largest food service organisation is one mighty task, but that’s not stopped Compass Group’s Scott Feltham from taking on more. A love of risk management motivates him to keep on collaborating, learning and innovating.

Regulation Watch: Niinistö report - an opportunity?

FERMA’s CEO, Typhaine Beauperin, considers how the groundbreaking report on preparedness by former Finnish president Sauli Niinistö could further raise the profile of risk management.

How one risk manager is using AI to change the face of horizon scanning

Alex Sidorenko, chief risk officer and founder of RISK-ACADEMY, and group head of risk, insurance and internal audit at Serra Verde Group, shares his new methodology for early detection and analysis of emerging risks and opportunities

Case study: how Ayala is attracting talent and reducing people risk

Philippines conglomerate Ayala knew it needed to build a whole new roadmap to talent management, in order to tackle the twin challenges of talent scarcity and retention in a highly competitive market.

Case study: How Ukrainian furniture makers are staying resilient and relevant despite the challenges of war

The ongoing conflict in Ukraine has had far-reaching consequences across all sectors, but the furniture industry has proven to be one of the most resilient. Here’s how the key players are adapting to become core suppliers across Europe

Regulation Watch: Key implications from China’s new Network Data Security Management regulations

Linklaters’ Albert Yuen Linklaters’ Albert Yuen considers the key implications of China’s new Network Data Security Management Regulations and why it is important for risk and compliance managers to understand this new regulation to comply with its data and cybersecurity obligations when operating its China business.

How risk managers can use international programs to mitigate geopolitical risks

In a world characterised by instability and global conflicts, risk managers need insurance partners to provide solutions that bring simplicity, not more complexity. Swiss Re Corporate Solutions’ Will Porter explains how international programs do just that.

Case study: how Solvay managed the emotional impacts of splitting its business

When Brussels-based chemicals business Solvay sought to separate its operations into two distinct entities, little did it know that the biggest challenge would be managing the emotional side of the split. Insurance and prevention director Sonia Cambier spoke to Jon Guy.

Risk briefing: learning lessons from the US port strike

The strikes highlighted the need for risk managers to have better levels of information on the impact of developing risks across the world

Why ERM is the pathway to realising Mario Draghi’s vision for growth and innovation

Enterprise Risk Management is the immune system of any company, and risk managers need to stop defending it and instead show why it is indispensible, says Volkan Can, enterprise risk manager of a global building materials company, and board member of ERMA, Turkey

How risk managers can tackle growing sanctions risks

The complexity and magnitude of international sanctions now demands vigilance on a new scale. Smaller businesses may not have the ready resources to tackle the issue, but the laws won’t make exceptions. So what practical steps can you take to stay safe?

Why did South Korea declare martial law? What risk managers need to know

2024-12-04T09:36:00+00:00

Chaos and uncertainty ensued after South Korea’s President unexpectedly declared martial law on Tuesday. Our Asia correspondant on the ground, Trevor Treharne, reports

Cyber risk: It’s everyone’s fight

Cyber criminals are growing stronger as our reliance on technology makes our defences weaker. And it’s a problem too big for the IT department alone. So how can risk managers build resilience as cyber threats evolve?

Why mid-size businesses have big coverage demands

The bedrock of many economies, mid-market companies have substantial underwriting needs, demanding coverage that is affordable and agile, says AXA XL’s Laetitia Lebas.

Are you ready for round two? What we know about Trump’s second term so far

As Donald Trump prepares to re-enter the White House, risk managers are trying to predict what upheaval awaits. Expect regulatory rollbacks, a return to his controversial approach to international relations, and an ‘America First’ economic approach that may put global trade in a tailspin.

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