All Strategic Risk Global articles in Online only – Page 105

  • Business success
    Analysis

    Forget about risk management – measure the likelihood of success instead

    2019-05-01T11:35:00Z

    Risk managers should focus on enabling success rather than avoiding failure – and one way to do that is to quantify the likelihood of success. Alex Sidorenko, chief executive of Risk Academy, explains how

  • Decline
    Analysis

    Economic slowdown ranks as top risk for business

    2019-04-29T17:17:00Z

    A slowdown in the world economy topped a list of risks facing global businesses, with reputational damage also front of mind for corporate bigwigs, according to a survey from Aon.

  • reputation risk
    Analysis

    Insurers are covering reputational risk

    2019-04-29T13:19:00Z

    For too long there has been a mismatch between the cover that risk managers demand and the policies that insurers are willing to provide.

  • ChangingRisk study
    Analysis

    Be part of the #ChangingRisk movement – take part in our qualitative study

    2019-04-26T10:29:00Z

    Seven questions, 5 minutes – all that’s required to be part of the #ChangingRisk movement and have your say in our #ChangingRisk manifesto

  • Shop window
    Analysis

    How not to fail like Debenhams

    2019-04-25T11:26:00Z

    One of the UK’s largest chains of department stores fell into administration earlier this month, making it the latest in a series of high street failures. So we at StrategicRISK thought we’d ask, how can risk managers help their companies avoid the next big corporate failure?

  • ChangingRisk-18
    Analysis

    Stop thinking like risk managers and start thinking like the C-suite

    2019-04-24T10:42:00Z

    As part of #ChangingRisk, I’d like more risk managers to report to the CEO, with board access. This means risk management can’t just be about evaluating risks, but about influencing the strategic direction of a company, says Gaëtan Lefevre, group risk and insurance manager at Cockerill Maintenance & Ingénierie

  • new thinking in risk 16
    Analysis

    Optimise your risk management and make your actions decision-focused

    2019-04-24T10:18:00Z

    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

  • ChangingRisk 18
    Analysis

    The future is bright if risk managers embrace AI techniques

    2019-04-24T08:44:00Z

    A new generation of risk managers will proactively seek out risk roles and careers; become the pioneers of new risk techniques through the use of AI; and become the c-suite’s go-to person. That’s the #ChangingRisk hopes for the future, according to Ferma’s Typhaine Beaupérin, and Gilbert Canaméras

  • ERM success
    Analysis

    Why ERM often fails to add value to decision-making

    2019-04-17T13:59:00Z

    Put aside the risk register, stop focusing on operational processes, harness the relationships you have throughout the organisation – the steps to ensure ERM is focused on the future and supports decision-making, writes Carol Williams, enterprise risk management consultant and founder of ERM Insights

  • GettyImages-1136775312
    Analysis

    Does the Notre Dame blaze mark a failure in risk management?

    2019-04-16T19:18:00Z

    The fire all but destroyed the roof of the 850-year-old building and felled its spire, to the dismay of thousands of horrified onlookers who lined the streets of Paris. Risk managers in France and across Europe ask, could the disaster have been prevented by more effective risk management?

  • new thinking in risk 15
    Analysis

    The future is in the ‘radical risk management process’

    2019-04-16T09:00:00Z

    Risk management is a mental process, not a technical one of data gathering, evaluation and reporting. Those who do nothing will just be exploited by those who constantly change and improve. So, swap tradition for a four-tiered ‘radical’ risk management process, writes Horst Simon of Risk Culture Builder

  • Carl_leeman edited
    Analysis

    Brexit deadline extension could cost firms big

    2019-04-15T13:41:00Z

    For Carl Leeman, the chief risk officer of logistics firm, Katoen Natie, Brexit plans for his business are underway. But he warns that the extension, while better than no deal, will significantly bump up operational costs for most companies

  • Alessandro_De-Felice09-cropped-defeliceV3
    Analysis

    How the Prysmian Group is preparing for a hard Brexit

    2019-04-15T11:53:00Z

    Supply chain and business interruption are some of the challenges that Alessandro De Felice, chief risk officer at the Prysmian Group and Ferma board member, is trying to mitigate as he prepares his business for the UK’s departure from the EU

  • Door
    Analysis

    Traditional risk management versus ERM

    2019-04-12T13:56:00Z

    Traditional risk management is a one-dimensional view connected to assessing insurable risks; and ERM can help peel back the onion layers to additional dimensions of risks. So how do we go beyond one-dimensional risk assessment? Carol Williams, enterprise risk management consultant and founder of ERM Insights, has this advise

  • alternative
    Analysis

    Finally, an effective alternative to risk matrices

    2019-04-11T10:39:00Z

    Alternatives to risk matrices have been around for decades, the question is why aren’t risk managers using more effective methods? Alex Sidorenko, chief executive of Risk Academy, outlines the steps to enhancing the use of matrices

  • Steps_cropped
    Analysis

    Four ways to tell your ERM programme is successful

    2019-04-11T09:38:00Z

    Support from leadership, the role of the strategic partner, impact on organisational culture and ideas turned into value – are some of metrics of a successful ERM framework. But what do they mean? Carol Williams, enterprise risk management consultant and founder of ERM Insights by Carol, tells us more

  • Patrick Smith
    Online only

    Don’t make tools the shop window in risk management

    2019-04-11T08:37:00Z

    Traditional risk management tools are limiting the effectiveness of risk management and holding the risk management profession back, says Patrick Smith, managing director, Acumen Advisory.

  • file-1
    Online only

    Are we sleep walking into a crisis?

    2019-04-11T08:36:00Z

    ’This is the way we have always done it’ is the most dangerous phrase in modern risk management argues Warren Black, founder and principal, Complexus.

  • GettyImages-157189699
    Analysis

    Businesses at risk from surge in populism and far-right terrorism

    2019-04-10T13:08:00Z

    A surge in support for populist politicians and an uptick in the number of attacks by far-right terrorists have created an increasingly complex risk environment for firms, according to Aon.

  • ChangingRisk-14
    Analysis

    Re-think, Enable, Execute – a modern approach to risk management

    2019-04-10T12:04:00Z

    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