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Businesses suffer from poor contracting processes

More than half of the world's major companies lose revenue and business opportunities because of poor contracting processes, EY Law and the… More

25 June 2021

At a time when managing risk is at the forefront of every leader's strategic decision making, the leading professional body for risk management, the IRM, has appointed a new independent non-executive chair.… More

Organisational resilience has moved centre stage for many businesses during the pandemic. That is why IRM's Innovation Special Interest Group has published fresh guidance for risk professionals, which is available here. The… More

The UK government has launched a consultation on how how different organisations manage supply chain cyber risk. It aims to understand the potential barriers that could prevent effective supplier risk management. "We… More

A data sharing code of practice has been placed before the House of Commons in the UK that provides guidance on how organisations should manage the information they collect and use. "The… More

  Covid-19 has shown the importance of running effective, efficient and flexible business operations and risk management practices. Whilst the pandemic is sadly not over and increasingly rife in countries such as… More

Risk managers play a critical role in ensuring that digital technologies are implemented ethically. That requires thinking beyond compliance and ensuring that risk managers are guided by their moral compasses, says IRM… More

The number of businesses experiencing ten or more supply chain disruptions rose in from 4.8 per cent to 27.8 per cent during 2020, according to a report by BCI. BCI's Supply chain… More

The European Union has launched a regulatory regime for artificial intelligence that bans systems that are likely to pose and unacceptable risk to society. The move creates the first ever legal framework… More

By Sonjai Kumar ERM development is a relatively recent phenomenon that started developing around the year 2000. The COSO (Committee of Sponsoring Organization of the Treadway Commission) came up with ERM standards… More