Bilif- Ierp® Risk Forum: Building A Healthy Risk Culture
It is hard not to think about risk, considering that risk incidents are occurring more often; often inflicting worse consequences than the one before, adding to the challenges of an already volatile, uncertain, complex and ambiguous world. The second presentation of the virtual Risk Forum jointly organised by the International
Bilif-ierp® Risk Forum: Living With The Pandemic
“Prepare to live with the pandemic,” said keynote speaker Dr Anthony Dass, Group Chief Economist, Head of AmBank Research and member of Malaysia’s Economic Action Council Secretariat. “Prepare to digitise.” He was speaking on the second day of the two-day Risk Forum organised by the IERP® and the Brunei Institute
Bilif-ierp® Risk Forum: Achieving Organisational Sustainability, Agility And Resilience Through Effective Erm
Ramesh Pillai, Chairman of IERP’s Board of Governors, recently delivered a keynote presentation on Achieving Organisational Sustainability, Agility and Resilience Through Effective ERM at the two-day virtual Risk Forum jointly organised by the IERP® and Brunei Institute of Leadership & Islamic Finance (BILIF). The presentation gave a quick overview of
What Should You Look For, When Auditing Risk Management?
IERP’s recent Tea Talk drew a sizeable online audience because it addressed an issue that is growing in importance in corporate circles: providing independent assurance. Speaker Ramesh Pillai, Group MD of Friday Concepts (International) shared thoughts and experiences on what risk professionals can do to add value to the risk
The Changing Dynamics Between ERM And Internal Audit
Enterprise Risk Management (ERM) and Internal Audit (IA) are not immune to change, asserted Ramesh Pillai, at an IERP Tea Talk recently. Commenting frankly and openly on the changing environment which was one of the greatest challenges confronting business today, he said rapid changes were complicated further by the uncertainties
How To Integrate ERM Into Decision-making
When it comes to integrating Enterprise Risk Management (ERM) into decision-making, people who are managing risk and making decisions know it has to be done – but are not entirely clear about how it should be done in real-life situations. Acknowledging that companies today want more value from ERM, presenter
Machine Learning, Artificial Intelligence And Risk Management
Machine Learning (ML) is becoming an integral part of everything we do; there’s no getting away from it. We now reach for Google Maps and Waze – which are examples of how far ML has become integrated into our everyday activities – instead of thinking out our routes when we’re
Red Flags In ERM Implementation And Practices
All organisations apply risk management in some form, although it may not be in a structured manner. What ERM does is provide a structured format for its implementation. But one of the biggest mistakes risk managers can make is to focus too much on the formal or compliance side of
ERM vs IIA’s 3 LoD: Spot The Difference
The 3 Lines of Defence (3 LoD) concept is not new, having first started in the wake of the Dotcom Shakeout about 20 years ago. It was a turbulent time for many companies; people were not managing risk properly. Not only were there deficiencies in managing risk, risk identification, ownership,
IERP®-UoW Townhall: Future-Proof Your Career As An Enterprise Risk Manager
A recent IERP®-UoW Townhall session focused on the potential of risk management as a long-term, lucrative career, with presenter Ramesh Pillai, Chairman of the IERP® stating right at the outset, that risk management was not so much about helping businesses avoid risks, as about helping organisations achieve their objectives. “It’s