Imagining a future

Pro-mortems and pre-mortems are a simple and highly effective technique for teams to employ “prospective hindsight” and imagine a future that has already happened. Research indicates that this type of thinking helps us prepare for the future. It helps Read more

Energy sector survey reveals ‘disappointing’ risk maturity

The energy sector is undergoing rapid change. Following several years of belt tightening and cost cutting, many oil and gas companies are looking to expand into new projects and territories, and into renewable energy sources, according to a new Read more

Digital risk management and resiliency – part two

By Stefano Capodagli

The increasing use of Artificial Intelligence (AI) in risk management shifts the focus towards analytics and minimising losses in a proactive manner. Today, firms are developing risk platforms by scouring the internet for all-encompassing information about Read more

Digital risk management and resiliency – part one

By Stefano Capodagli

Risk management, besides continuing to be a trusted advisor to the board and senior management, to manage risk appetites, and develop risk frameworks and policies, is increasingly called on to swiftly evolve. Digital risk management appears Read more

Horizon Scanning: A Practitioners Guide revealed at IRM Risk Leaders

by Mark Turner

The Innovation Special Interest Group (ISIG) of the IRM revealed the first copies of the Horizon Scanning: A Practitioners Guide at the 2018 IRM Risk Leaders conference in London.

During 2017 the ISIG, led by Mark Read more

Artificial intelligence and the transformation of risk management

Artificial intelligence promises to transform the risk profession for both good and bad, as delegates at an IRM Innovation special interest group (SIG) workshop in London heard recently. The session, hosted by Lexis Nexis, explored how risk managers are Read more

The anatomy of a crisis

Nearly 60 per cent of senior crisis management executives feel that they are facing more crises than they did 10 years ago, according to research by Deloitte. From immediate events such as a cyber-attack to more subtle issues Read more

The rise of drones – what’s the risk?

In July, the government announced a consultation on proposed policies governing the use of drones. Any subsequent draft Drone Bill could cover the powers required by enforcement bodies to police drone usage and penalise owners for improper use, Read more