Is innovation worth the risk?
Are companies that don’t innovate doomed to oblivion? Examples abound of firms that didn’t keep up with the times, and paid the price by not living to tell the tale. Kodak comes to mind. While rivals like Fuji moved on from manufacturing film to other products like digital cameras and
What does Digitising Enterprise Risk Management mean?
Digitisation has transformed many industries – media, transportation and retail, to name a few. Most organisations have accelerated their digitisation capabilities, being aware that if they do not, they will not survive. But this may not be enough for the New Normal; indeed, organisations which want to succeed in the
Risk Management Professionals: The Experts Weigh In
What makes a good risk management professional? What skills do RM professionals need? And more importantly: how can they keep up with what is required of them in an environment that has never been as disrupted, dynamic and unpredictable as it is today? Mohd Azman Sulaiman, an experienced Independent Director
Delighting in the possible: unpredictability demands managing beyond the probable
Volatility, uncertainty, complexity, ambiguity. We have been in a VUCA world for a long time, and – more importantly – dealing with issues it has thrown up sometimes without fully realising it. If the term seems more visible now, it is only because we are becoming more cognisant of the
What should risk managers consider when embarking on the Artificial Intelligence journey?
Whether we like it or not, the age of Artificial Intelligence (AI) is here. It has been here for quite some time but it is only lately that technological development has pushed it concertedly into the spotlight. The Covid-19 pandemic has spurred more businesses and individuals to go online, which
Next Wave, New Risks? Impact of Covid-19 on economies
It’s been more than a year since the phrase “Covid-19” entered everyday use. Standard operating procedures have been put in place; awareness and education of the novel Coronavirus is ongoing. Everyone is waiting with bated breath for a vaccine that will hopefully help things revert to normal. But after a
2020 Global Economic Review: The Stage Is Set For Disruption
Whether we like it or not, dealing with disruption will have to be increasingly incorporated into the way we do business in the years to come. But what exactly are we looking at? Nobody knows for sure; the only constant appears to be that we can expect disruption to continue