The power of simplicity: Dr Sarah Gordon of the IRM’s Innovation SIG on keeping it simple
PLUS: All together: top threats in 2018 / Programming for intelligence: using AI / Thrill-based risk management: lessons from Smiler / Experiential training: a lost art / Effective alliances: Waterloo Station
Spreadsheets and other end-user controlled applications (EUCs) are core elements in most companies’ financial reporting and operational processes. What is alarming is that one inadvertent error in these critical files can have material consequences.
The highly disruptive world in which we live means that the need for organisations to be able to respond quickly and effectively to rapidly emerging risks or sudden crises has never been greater.
Risk strategy drives an organisation’s ability to respond effectively to today’s dynamic world. But not all risk strategies are at the same level of maturity.
Corporate crises come thick and fast. And when disaster strikes, it destroys companies, shareholder value and reputations in equal measure.
As Anthony Fitzsimmons and Derek Atkins argue in their recent book – Rethinking reputational risk – uncertainty is entirely predictable.