All Operational Risk articles
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Interviews
Global tensions are rising, but risk perceptions are in the eye of the beholder
To successfully separate threats from opportunities risk managers must first understand the role of perception in the identification of risk. Zurich’s John Scott discusses the big picture
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Case Studies
Case study: How Fidelity Investments stripped out manual processes to build greater resilience
Nazir Vellani, Fidelity Investments VP of enterprise resiliency, speaks to StrategicRISK about how the organisation built a proactive program that seamlessly detects, addresses, and rectifies risk
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Opinion
ESG and value creation: Why risk managers need to play a front line role
Risk managers have a critical role in boosting ESG performance. WTW’s John Merkovsky and Lisa Lipuma look at the practical tools, tactics and best practices they can deploy to deliver enhanced ESG risk management.
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Case Studies
Case study: how one exporter used risk culture to reduce operational, branding, financial, and market-related risks
An India-based SME experienced growing pains as demand for its products swelled. IRM’s Hersh Shah talks us through the rescue plan: a formalised approach to risk and a risk culture built on accountability and communication.
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Features
Spotlight on: global commerce risks and how to tackle them
UK exporters are facing significant threats in the aftermath of Brexit, Covid-19, and Russia’s invasion of Ukraine. New research highlights the risks and how organisations can manage, mitigate and transfer them
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Case Studies
Case study: how to overcome board resistance to integrate a risk management programme
The key to successful integration of your risk programme lies in the bonds you make at the executive level, says Darlene Halwas, a board member of Carbon Management Canada. Forming close ties, developing trust through transparency and being a source of help, means you have a voice on the board ...
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Opinion
Operational resilience depends on your weakest link, not your strongest
Gary Lynam, director of ERM advisory at Protecht, explores the threats posed by tightening compliance regulations and how risk managers can mitigate them
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Analysis
Business risks growing thanks to understaffed tax teams - how to manage the threats
Under-resourced tax departments are causing significant risks for global organisations, however, automation and technology may hold the answers
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Opinion
Why risk management must not be totally embedded in operations
Volkan Can, enterprise risk manager of a global building materials company, and board member of the Enterprise Risk Management Association of Turkey, explores why entwining risk with day-to-day operations is a common but critical mistake
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Analysis
Sector focus: How universities can manage risks as students return to campuses
Covid-19 led to the largest disruptions in educational systems in history. By learning now, risk managers can ensure they are resilient against future crises
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Opinion
How to boost your company’s immune system with strategic risk management
Volkan Can, enterprise risk manager of a global building materials company, and board member of the Enterprise Risk Management Association of Turkey, shares his tips on how risk managers can operate more effectively to improve the health of their organisations.
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Analysis
The big question: how to shape risk culture in your organisation
Risk culture is increasingly a hot topic, but how can risk managers move the needle? Strategic Risk caught up with Clive Thompson, technical adviser at the Institute of Risk Management to find out.
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Opinion
How risk managers can tackle the increasing threat of disorderly transition
David Nelson, head of climate transition, climate and resilience hub, at WTW explores why a disorderly transition is likely, and the steps risk managers must take to prepare
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Features
Spotlight on: the risks of energy vulnerability and how to manage them
New energy vulnerability index can help risk managers to identify potential risks, challenges and opportunities before expanding into new markets
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Opinion
Opinion: much of risk mitigation is a waste of time - what to do instead
The world is changing and risk managers must adapt, argues Hans Læssøe, founder of AKTUS and former risk manager at The Lego Group. Here are his top three suggested priorities
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Opinion
The biggest problem in supply chain risk management
Risk management expert Adriano Lanzilotto explains what supply chains and SatNavs have in common, and why data is the most important tool in a risk manager’s arsenal.
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Special Reports
Regulators are cracking down on PFAS and risk managers must plan accordingly
The effects of PFAS chemicals are yet to be seen as health problems slowly come to light. BHSI’s Javier Villalba, explores the litigation landscape risk managers are facing
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Interviews
Senior risk managers share their top tips for managing connected risk
Breaking down siloes, moving beyond insurance and scenario analysis are all key strategies that modern risk managers must adopt to deal with the new interconnected risk landscape
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Features
Spotlight on: bird flu and the risk it could spread to humans
The FAO, the World Health Organization (WHO), and the World Organisation for Animal Health (WOAH) are urging countries to work together across sectors to prevent the spread of bird flu
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Analysis
Quick briefing: how to manage the ‘risk multiplier’ effect
As risks become more interconnected, businesses must consider them holistically instead of in isolation. Here’s how to address the risk multiplier effect