While businesses manage risk in a wide variety of ways, too many are not quantifying the threats they face, according to Aon’s Global risk management survey 2019.
In a wide-ranging report of global businesses, it found that only 24 Read more
Embedding risk management is often seen as the holy grail of an effective organisation. Research by ACCA now shows that although organisations have similar risk management objectives, the paths they take to embedding risk management varies. Those paths Read more
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
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
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
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
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 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
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