All Operational Risk articles – Page 6
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Analysis
I am in the process of developing my ERM programme. What common mistakes should I avoid?
When it comes to implementing a successful ERM program, sometimes learning what not to do is just as important as learning what to do. StrategicRISK spoke with one of Taiwan’s most experienced risk managers, Jeff Yeo, to get his tips and tricks on ERM.
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Analysis
What benefits can I get from ISO 31000:2018?
Gareth Byatt, principal consultant at Risk Insight Consulting and APAC Ambassador for the IRM, gives us his perspective on how to benefit from the new ISO release
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Analysis
Digital transformation: Future proof your business now
Digital transformation is changing every aspect of the business landscape at an exponential pace, bringing the full force of innovation and disruption to all sectors and markets says Allied World’s senior vice president, Hong Kong country manager & head of general casualty, Asia Pacific, Jotu Shohtoku.
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Analysis
Slavery risk rises in SE Asia as job losses hit home
More than 55% of jobs in SE Asia’s key manufacturing hubs under threat with slavery and labour abuses in SE Asia set to spiral over next two decades as automation consumes job market
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Analysis
“Risk? What risk?” How do you get buy in from risk owners who want to tell you they have no problems?
Seasoned risk and internal audit leader Chris Corless discusses the road block most risk managers have come up against—the resistant risk owner
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Analysis
The rise of Execution Risk Management and Decision Risk Management
Hans Læssøe, principal consultant at AKTUS and former risk manager of Lego tells StrategicRISK how the effect of an ever-increasing speed of change adds and alters the demands for risk management – both in terms of what to do, and how to do it.
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Analysis
Financial services and transport businesses beware: you are most vulnerable to cyber attacks
Co-ordinated attack and increasingly sophisticated malware deployments places businesses at greater risk than ever before
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Analysis
No premiums, no play: the insurance behind the 2018 World Cup
One essential item needs to be in position for the 2018 World Cup – and it’s not the ball. Allianz Global Corporate & Specialty (AGCS) head of entertainment international, Michael Furtschegger tells StrategicRISK what the biggest risks are
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Analysis
When credit insurance doubles up as a true operational risk management tool
The issue with credit insurance is that it is called “insurance”, but it is much more than that writes, François de Hennin, former global chief risk officer of GroupM – one of the world’s largest advertising company and part of the London-based multinational, WPP
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Analysis
Four future risk management trends you need to know about today
StrategicRISK spoke to Risk Academy chief executive officer, Alex Sidorenko, for some crystal ball gazing about what the future of risk management might look like
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Analysis
Why do we need risk management?
Renowned author, blogger and retired chief audit executive, Norman Marks, questions why we need risk management and what role ERM plays.
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Analysis
The terrorism risk landscape is changing
Loss of attraction and non-damage business interruption protections are increasingly in demand from insurers, while companies are dusting off response policies and evacuation procedures against evolving terror threats
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Expert Views
Expert view: If you think safety is expensive, try a loss
Never underestimate the human factor in a potential loss event, because you could suffer losses that could be easily prevent, writes Swiss Re Corporate Solutions
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Analysis
Lessons learnt when Ryanair flight FR-9672 avoided a fatal collision
The airline’s near-miss in 2005 places human error and performance at the centre of risk prevention discussions during a StrategicRISK roundtable
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Analysis
Don't get lazy on ERM, RIMS warns
The Risk and Insurance Management Society published its report on enterprise risk management 10 years after the financial crisis
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Analysis
The role corporate culture plays in shifting risk management from operations to strategy
Risk management is at a turning point, pivoting from an operational to a strategic role. Corporate culture – the way risk is treated and the way we treat those involved in loss events – is critical to that change.
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Analysis
Q&A: Multinational insurance programmes fit for the future
As business models evolve, the demand for multinational insurance programmes has grown. Steve Liberda, UK head of multinational business development at AIG, tells us more
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Analysis
Supply chain disruption risk jumps for automotive sector
European automotive sector firms faced 379 supply chain disruption incidents last year, up from 268 in 2016, according to a report from insurance broker JLT
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Headspace
Risk management lessons from the Space Shuttle Columbia disaster
Mike Lutomski, former International Space Station risk manager, spoke to StrategicRISK about one of NASA’s most tragic losses in space
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Interviews
Three challenges for Malaysia Airlines’ risk manager
Badrul Hisham Yusoff, chief risk officer, Malaysia Airlines, spoke toStrategicRISK at the Risk Forum APAC 2018 conference