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Back to school on risk
It is time for business schools to re-evaluate and fundamentally re-calibrate their coverage of risk. While admirable progress has been achieved in recent years in terms of creating more specialised courses and degree programs, these offerings largely replicate the pitfalls that existed before. Risk is still sitting in functional silos such as finance and supply…
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Marrying the upside and downsides of risk
It is a truth universally acknowledged that a corporation in possession of a good fortune is fraught with risks. The risks might be internally focused such as those related to talent and culture or be driven by external exogenous events, ranging from regime changes in regulation to cyber-security attacks. Since corporations are in the business…
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IRM relaunches financial services qualification
Over sixty delegates attended the IRM relaunch of its International Certificate in Financial Services Risk Management in London recently. The new qualification has been updated to reflect changes in the regulatory environment including Basel III and Solvency II and is designed to be applicable to all those working in financial services who have risk in…
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A typical day in risk management – not likely
If you think there is a typical day in risk management, then think again. Risk managers come in all shapes and sizes as IRM’s two recent case studies show. Abhishek Paul, associate vice president in risk and conduct assurance at Risk Hub India, The Royal Bank of Scotland, says: “I think the best part of being a risk…
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Risk managers – know your place!
“If you want a seat at the top table you need to demonstrate that your efforts are not just about protecting your business, but about building your business.” It’s a refrain often heard in risk management circles, given that those top table seats are proving to be elusive for many. Yet the effective practice of…
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Oil & gas, energy and renewables: Risk maturity survey
IRM would like to invite you to take part in our survey into risk management in the Oil & Gas, Energy and Renewables industry. The purpose of the survey is for us to gain insights from practitioners regarding the risk maturity of the industry, the kind of risks it faces and what the future holds for…
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Reflections on a career in risk management
The IRM’s retiring technical director Paul Hopkin reflects on over four decades of work and thought in the risk management profession After a career in risk management of more than 40 years, retirement started to raise its increasingly grey head. However, before deciding to retire, I undertook a full risk assessment of the implications for…
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Stakeholder management in projects
Proper stakeholder management in projects is crucial. A common definition of a project stakeholder is someone who is interested in the project and its outcomes or will be affected by the project. Beauty is in the eye of the beholder, and to a certain extent, project success is too. I attended a social event where…
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Book your place at Risk Leaders 2017 today
Book your place at Risk Leaders 2017 today – the early bird offer ends 31 August. 8th Annual Risk Leaders Conference There is no more “business as usual”. The recent past has seen political and social upheaval, together with change enabled by technology, which has forced us to re-examine some basic assumptions about the world…
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Hone your political forecasting skills
How good are your political forecasting skills? You can find out by taking part in the Foresight Project from this September. Now in its second year, the Foresight Project aims to understand forecasting environments that bring out the best in people. They believe good environments can improve accuracy, reduce political polarisation, and open closed minds. …
