All Strategic Risk Global articles in Online only – Page 104
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Analysis
Exclusive: reputation, cyber and political threats are the top three risks keeping risk managers awake at night
Airmic’s annual survey shows the threats that are most important to managers in 2019. Ahead of the release of the report, StrategicRISK caught up with deputy CEO and technical director, Julia Graham, to find out how the profession needs to adapt to deal with them
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Risk manager checklist – doing business after Brexit
With so much uncertainty surrounding the UK’s future relationship with Europe, it is unsurprising that political risk remains top of mind for many businesses
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Crisis management 101
If we asked each company how their crisis plans are structured and managed, we will likely see inconsistencies, out-of-date procedures; ill-prepared stakeholders, says Gabriel Souza, risk management specialist. Here’s his advice
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From transactional risk management to risk-based decision-making
For many, strategy is the realm of the heroic chief executive, but risk managers have an important strategic role to play. Here, Darren Munday, partner at ICG outlines his vision for #ChangingRisk
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What is strategy? That’s the question
Much has been written about the risk leader of the future, but there is less agreement as to how exactly this person can be strategic in their approach. Darren Munday, partner at ICG, gives us the ‘how’ and proposes a structured approach to horizon scanning, in our latest #ChangingRisk article
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The rise of the sharing economy and managing the risk of disruption
The sharing economy has upended the working lives of millions, from cab drivers to food buyers, office dwellers to hoteliers. We look at how to mitigate the risks of disruption
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Why risk managers must ensure staff mental wellbeing is high on the corporate agenda
Failure of employers to provide mental health support could damage productivity and business losses, QBE survey finds
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Why insurance companies are failing to deal with emerging risks
Better training, staffing strategies and adapting product development are three effective methods to mitigating emerging risks, says the Cambridge Centre for Risk Studies
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Building a taxonomy of emerging risks
Reviews of risk registers, historical data and forecasting – the Cambridge Centre for Risk Studies unveil its approach to identifying emerging risks
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A new definition for emerging risks
Emerging risks are arguably hard to define, so the Cambridge Centre for Risk Studies has created its own its definition
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Ferma launches new manifesto promoting sustainability, education and digital transformation
On “Europe Day”, Ferma has launched a new manifesto outlining the key risk management priorities for the upcoming European elections
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The risk manager’s job is no longer about risk defence
We are facing a paradigm shift. Risk management cannot be defensive anymore. Risk management must support the businesses and should be at the root of organisational strategy. Brigitte Bouquot, Amrae president and risk manager for Thales lays out her vision for #ChangingRisk
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Be a better risk manager using coffee
How do you know what risks are top of mind in the business if you don’t ask everyone? Seek group enterprise and technology risk manager, Ben Agar says #changingrisk is impossible without these conversations.
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Getting risk considered before decisions are made
The most effective tactic to ’getting a seat at the table’ is simply to invite yourself, according to Telstra’s chief risk officer, Joanna Knox.
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Think of risk management as part of an ecosystem
Risk managers need to consider what is fit for purpose for their organisation, rather than using traditional techniques or using techniques learned in previous positions, says iCare chief risk officer, Gavin Pearce.
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Political risk remains front and centre
From China and Trump to Brexit and Brussels, political risks continue to concern global businesses in 2019. How have companies adapted? And what are the biggest fears for the rest of the year?
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How to claim it from the weatherman
Almost nine out of ten businesses are impacted by the weather. In other words, the fortunes of 88% of companies depend on meteorological conditions.
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What will Lloyd’s of the future look like?
The archaic 330-year-old insurance market Lloyd’s of London has announced a major overhaul - and it could just be the change that risk managers have been demanding.
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Want to make a difference in risk? Try adapting your soft skills
Dealing with the c-suite is becoming one of the most critical components of a risk manager’s job. And to play a bigger role in #ChangingRisk in their companies, risk managers need to develop critical soft skills, says François Malan, chief risk officer at Nexity
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Risk management systems versus risk management process
Process management achieves results through planning and system management manages various components that must work together to achieve an objective. Here’s how the two should work, writes Adrian Clements, international enterprise risk manager