When Less is More in Risk Management
In business risk management, risk-reward is a concept known by many, but understood by rather fewer.
Where Whistleblowing Fits into Business Continuity
On the face of it, business continuity is a robust process. You gather the appropriate information, apply methodologies to assess business risk.
Risk Management for the Masses! Or At Least For Each Project…
Risk management is one of those areas that are too often “somebody else’s responsibility”. Whether through lack of knowledge or indifference, it gets shunted off somewhere else and replaced with an approach of “it’ll be alright on the night”. Unfortunately, it frequently isn’t. Like business continuity or information security awareness, risk management should ideally be […]
Look Who’s Doing Risk Management
If you’re wondering how much risk management should become part of your organisation’s rulebook, you may already be looking around to see who else is doing it. Insurers and bankers are obvious examples, because their businesses are centred on risk calculation, whether in terms of setting insurance premiums or defining credit interest rates. Many insurers […]
The Internet of Things and the Two Faces of Risk Management
Within the next five years, the number of people connected to the Internet is forecast to rise to over 7 billion. The number of things hooked up to the web is projected to be around 50 billion. While the Internet of Things (IoT) still has to fulfil certain promises, the base is already there. From […]
Are Company Boards Taking Risk Management Seriously?
All business in a competitive market is risk-based, whether or not enterprises admit it. Positive risk indicates opportunities. Negative risk points to the need to take measures to avoid, transfer or mitigate that risk. Banks are a case in point, with risk analysis at the heart of their daily activities as they continually calculate the […]