All Strategic Risk Global articles in Online only – Page 114
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Analysis
How risks to intangible assets could harm profits and revenue
The rise of the intangible economy could amplify your risks causing long-term loss in revenues and profits, so what can you do about it? Hans Laessoe, principal consultant at AKTUS and former senior director of risk at the LEGO Group, has this advice
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Analysis
'Remain curious' but cautious about IoT
The Internet of Things is here to stay and its influence will only increase say experts. StrategicRISK went to the market to find out what risk managers see ahead and tips for staying ahead of the game
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Analysis
How one worm brought the world to its knees
Control Risks director Carla Liedke details how a single worm targeting the Ukranian government managed to bring numerous multinationals to their knees.
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Analysis
Brain bias poses real risk
Dr Frank Ashe of Macquarie University believes too many strategic decisions are dominated by cognitive bias. He talks to StrategicRISK about the dangers risk managers need to be mindful of.
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Analysis
Cyber and data loss overtake regulatory concerns as top priority facing senior managers
More than 5% of public companies this year said that they had experienced either a significant cyber-attack or a sizeable data loss in the past year, compared to only 30% in 2017
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Analysis
Top 5 IoT risks you need to know about now
The Internet of Things (IoT) is altering the risks your business is facing faster than you can keep up. Read these tips to see what is coming and how your business can prepare right now.
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Analysis
A lesson from Nike’s #MeToo moment: how sexual discrimination could impair your brand
Businesses can no longer turn a blind eye to gender discrimination and toxic culture. And if ethics don’t motivate, maybe shareholder displeasure and brand damage will
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Analysis
Less than two-thirds of businesses worldwide are confident about their ability to manage risks to business growth
Confidence levels vary dramatically from 39% in the UK to 70% in Continental Europe as protectionist economic policy threatens to undermine companies’ international growth ambitions
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Analysis
Traditional risk management concerns prevail in global corporations
Traditional financial and operational performance top global risk management concerns over the next 12 months, while much-publicised issues such as environment, tax and diversity lag well behind
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Analysis
StrategicRISK's top 10 worst risk incidents of 2018
From Brexit uncertainties to US trade wars; the Carillion collapse to Telsa’s threat on Germany’s automotive industry, when it comes to global risk, reviewing the year that’s been can feel like revisiting a lot of bad news. But the good news? There are many risk lessons to be learnt
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Analysis
Breaking up is hard to do
Businesses are largely still in the dark over exactly what Brexit Day will bring next March, but practical plans need to be devised and enacted now. And risk managers must be central in preparing for every eventuality, deal or no deal.
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Analysis
Brexit: choppy waters for supply chains
However Brexit plays out, the impact on international trade is likely to be great. As forecasted border delays threaten to sink UK manufacturing, supply chain managers are acting now.
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Analysis
The chief risk officer’s role in the era of disruption
Chief risk officers are faced with the challenge of significant adaptation to meet the changing demands on their expertise. This requires CROs to broaden their role and responsibilities, says Vivek Syal, group chief risk officer, Tokio Marine Kiln
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Analysis
Cyber-attacks ranked number one threat in Europe East Asia and the Pacific and North America
“Cyber-attacks are seen as the number one risk for doing business in markets that account for 50% of global GDP”
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Analysis
Marsh to begin JLT integration with specialty business
The deal is still subject to the receipt of certain antitrust and financial regulatory approvals. But when that process is complete, the new business will come into effect
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Expert Views
Expert view: From the tangible to the intangible
Guido Benz, head of engineering and construction, at Swiss Re Corporate Solutions considers how technology is enabling more ambitious construction and engineering projects than ever before. Which in turn introduces new complexities and demand for new risk transfer solutions
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Analysis
Could surety bonds have saved Carillion’s customers from millions in financial loss?
One key lesson from Carillion’s demise is that risk mitigation tools may not provide the level of protection that contractors may need but the answer may be found in surety bonds
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Analysis
The future of construction is data-rich and analytics-driven
The construction industry has transformed the way in which it plans executes and finances projects – placing technology at the heart
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Analysis
How Crossrail set the benchmark in construction risk management
Risk management has been central to the success of Europe’s largest infrastructure project, owing much to sustained engagement with lead insurers Swiss Re Corporate Solutions and Zurich and broker AJ Gallagher. Colin Hamling, commercial and insurance manager, (December 2009-2016) tells us more
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Analysis
Where should risk management sit in the organisation?
The tricky question of where the risk function should sit within the business is a big challenge for senior management. This latest Knowledge piece, risk thought leader Chris Corless looks at different options for your business.