Source: World Economic Forum “The World Economic Forum launches the Risk Response Network on the opening day of the World Economic Forum Annual Meeting in Davos. The world has fundamentally changed and this new reality calls for more foresight and collective action to address a broad range of global risks. The network will address concerns [...]
source: World Economic Forum “In the year ahead, the World Economic Forum will embark on an ambitious undertaking: the creation of a platform to enable decision makers around the world to pool knowledge about the risks they face, to share best practices in risk management, and to respond collectively to emerging threats. This initiative, the [...]
Source: FERMA Risk management is now on the agenda for top management, the board and shareholders, which clearly support and sponsor the function. This finding comes from what is probably the most representative ever survey of opinion on risk and insurance management in Europe, the 2010 risk management benchmarking survey of the Federation of European [...]
Source: ICMA (International City/County Management Association) by Ron Blanquie “It’s no wonder that risk management’s public role is often underused and misunderstood. Government entities have incorrectly concluded that risk management’s overall costs can only be tethered but not controlled or reduced. Public entities in California today face an unprecedented challenge as they try to maintain [...]
Source: © Airmic, Alarm, IRM Executive Summary ‘Risk management is an increasingly important business driver and stakeholders have become much more concerned about risk. Risk may be a driver of strategic decisions, it may be a cause of uncertainty in the organisation or it may simply be embedded in the activities of the organisation. An [...]
Risk management in public service organisations has come a long way in the ten years since Alarm became involved in tracking the development and progress of this discipline with the first triennial survey in 2000. Alarm’s Chief Executive Dr Lynn Drennan reviews the outcomes of the 2009 Triennial Benchmarking Risk Management Survey. This article was [...]
Innovation in country Risk Management In the end of 2009, the Organisation for Economic Cooperation and Development (OECD) conducted a research about Risk Management in multiple OECD countries. The Futures Project on Risk Management Policies aims to assist OECD countries in identifying the challenges of managing risks in the 21st century, and contributing to their [...]
A Global Risk Network Report In January 2010 the World Economic Forum published a Global Risk Network Report in collaboration with Citi, Marsh & McLennan Companies (MMC), Swiss Re., Wharton School Risk Center and Zurich Financial Services. The full research report is available on the website of the World Economic Forum. After the shock to [...]
Part of the lecture “Truth, authority and policy in the twenty-first century” by Lisa Anderson (source The Thinking State, WRR Lecture 2007) “Considerable behavioral research suggests that the further away in both space and time a prospective risk seems to be, the less likely we are to take action to address or mitigate the risk [...]
“The Institute of Risk Management (IRM) has established a forum to collect and collate risk management related ideas and trends that are emerging from the recession. It includes information on how the recession is impacting both risk management systems and the role of risk managers: Recession Watch. The recession has an impact on everyone: the [...]
Managing the people side of risk
Companies can create a powerful risk culture without turning the organization upside down. By Alexis Krivkovich and Cindy Levy for McKinsey & Company Insights & Publications Most executives take managing risk quite seriously, the better to avoid the kinds of crises that can destroy value, ruin reputations, and even bring a company down. Especially in the wake [...]
Global Risk Management Survey 2013
Aon’s 2013 Global Risk Management Survey report is part of this process, capturing the latest risk trends and priorities facing companies around the world. The report unveiled the top 10 risks now and three years in the future. Conducted in Q4 2012, the web-based survey gathered input from 1,415 respondents — a 47 percent increase [...]
By Daniel Cressey for Nature “Across the globe, hives of honeybees are dying off in a phenomenon known as colony collapse disorder. Among the proposed culprits are pesticides called neonicotinoids, which are supposed to be less harmful to beneficial insects and mammals than the previous generation of chemicals. Debate over neonicotinoids has become fierce. Conservation groups and [...]
The economic crisis in Spain has led to an increased awareness among senior executives of how risk must be managed globally. Read more > Leer más > (en espagñol) Source: Strategic Risk
A framework in development By Ed Mallens and Jack P. Kruf The International Organization for Standardization (ISO) has worked on the ISO 31000 as referential framework for risk management in organizations. The setting has been outlined by ISO very clearly: “Risks affecting organizations can have consequences in terms of economic performance and professional reputation, as [...]
