Considering Opportunity When Managing Risk
“We manage risk so that we can grasp opportunity,” stated Ramesh Pillai, IERP® Chairman, at the start of a recent Institute Tea Talk, held online. The subject of the Talk was how risk professionals could consider opportunity when simultaneously managing risk. “There are hazards and threats to risks but opportunities
Why Should The C Levels Care About CyberSecurity?
Should those in the C-Suite be concerned when it comes to cybersecurity? The short answer: yes. There is no denying that being in the C-Suite signals that an executive has “arrived” and is among the movers and shakers of the organisation. But most people tend to see the perks that
ERM: Time To Take The Profession Seriously
Enterprise Risk Management has become an absolute necessity. Companies have been managing risk for years but traditional risk management is becoming increasingly ineffective because of the dynamics of the business environment. What is required today is a more holistic view of the risks which confront the organisation, which is what
Strategic Risk Management: What Drives It?
At its core, strategic risk management is about examining the organisation’s strategy for any risks that may affect it, how to mitigate them and to identify and manipulate opportunities arising. In the process, strategic risk management has to look at a multitude of issues, including the firm’s current business strategy,