Instinct or insight – decision making in a crisis

Some years ago, I did a personality test that assigns colours to your behaviours. This particular test showed the difference between how you tend to operate in ideal circumstances versus under stress. In ideal circumstances, I tend to the Read more

Pay ratio reporting set to be a risky business

Legislation looks set to come into force in 2020 which will compel the UK’s largest companies to publish and justify the pay ratios between their CEOs and workers. Its introduction was first announced by business secretary Greg Clark in Read more

UK productivity increase – reason to celebrate or a red herring?

Optimists were given reason to celebrate recently when reported rates of UK productivity in 2017 showed some improvement after years in the doldrums, but economists then seemingly spoiled the party by warning that UK businesses still lag behind much Read more

Sharing the risk of cyber threat

The leading cyber threats to UK businesses last year were ransomware attacks, data breaches, supply chain threats and fake news stories, according to the 2017/18 report from the National Cyber Security Centre (NCSC) and the National Crime Agency(NCA).

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Hot topics in infrastructure

Discussions at an IRM infrastructure special interest group meeting have highlighted hot topics for the sector, including embedding risk management across an organisation, dealing with uncertainty and differing levels of complexity, and the use of key risk indicators (KRIs).

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ISO 31000 – a guide for the perplexed

The IRM has published a guide to help risk managers navigate the newly revised ISO 31000 standard –A risk practitioner’s guide to ISO 31000: 2018.

The overhaul of the standard was released at the end of Read more

Artificial intelligence – friend or foe for risk managers?

In the IRM’s Risk agenda 2025 survey, there were two seemingly incompatible findings – that the number of risk managers is expected to go up, but also that the increased use of artificial intelligence (AI) is likely to threaten Read more

Weathering the storm of cyber risk

While the winter storms that hit the UK and Europe in the last week of February may have temporarily raised the spectre of traditional risks to business continuity, these are still being overtaken on the corporate ‘worry list’ by Read more