The main goal of PRIMO is to develop an holistic approach of city governance, i.e. an integrated approach where the city is considered as an entity and in which all institutions and stakeholders cooperate to realize political targets. In this approach the common adressing of risks and benefits, of chances and threatenings is crucial for [...]
“You can trust the European Union to do what it takes to secure your future” Source: European Commission Speech: President José Manuel Barroso Commission President José Manuel Barroso set out his strategic plans for the EU over the next year in his State of the Union speech to the European Parliament. “My message to each [...]
Europeans thought they were progressing towards an ideal civilisation. Now time is up, and it hurts Source: the Economist “VIEWED from afar, Europeans are a complacent, ungrateful lot. Nannied from cradle to grave by the world’s most generous welfare systems, they squeal like spoiled children when asked to give up just a few of their [...]
Looking closely into the exact correlation of factors is half the work of good public risk management. Bjørn Lomborg lines out how economic crisis and managing climate related targets are interrelated. So called advantages are not always how appear to be, more than that they slow down a development. Source: Politiken.dk By Bjørn Lomborg, head [...]
What risks are actual embedded in the approach of our public debt. It is clear that we should listen to one another, because one strategy seems not to fit all. Our public leaders Sarkozy, Obama and Merkel circle around the facts and the different strategies. This article shares a light on the different angles and [...]
The The Committee of Regions underlines the importance of local authorities in sharing a common goal, such as the challenges associated with global warming. The multi-level governance approach could lead to a true cooperation in the governance of common risks that we face. Local authorities can function as building blocks to develop a common strategy, [...]
Source: Committee of the Regions 03.06.2010 – Europe’s financial and economic crisis is increasingly becoming a social crisis too, and is testing European solidarity to the limit. The EU’s territorial cohesion and public confidence in European integration are both at stake. At their plenary session, to be held on 9 and 10 June 2010, the [...]
Source: BBC One of the main causes of the currency crisis in the eurozone is that virtually all countries involved have breached their own self-imposed rules. Under the convergence criteria adopted as part of economic and monetary union, government debt must not exceed 60% of GDP at the end of the fiscal year. Likewise, the [...]
Source: Public Service Article Friday, May 14, 2010 It’s time to create strong public/private partnerships which would take forward economic, social and environmental well being for citizens and communities, says the European Federation of Local Government Chief Executives (UDiTE). Many local government chief executives are set to reposition their policies for economic, social and environmental [...]
10 Ways to improve risk management
Door* Marinus de Pooter** With an awareness of common shortcomings, internal auditors can help their organization better meet stakeholder expectations and ensure business objectives are achieved. Why do risk management implementations and functions often fail to deliver what is expected? And what causes senior management to feel that its investments in risk management systems are not delivering the expected returns? Many factors, potentially, are to [...]
Innovation Risk: How to Make Smarter Decisions
By Robert Carhart Merton for Harvard Business Review New products and services are created to enable people to do tasks better than they previously could, or to do things that they couldn’t before. But innovations also carry risks. Just how risky an innovation proves to be depends in great measure on the choices people make in [...]
Expectations of Risk Management Outpacing Capabilities
It’s Time For Action By KPMG About the survey In December 2012, the Economist Intelligence Unit carried out a global survey on behalf of KPMG international. This survey gathered data from 1,092 respondents around the world in a closed-ended online questionnaire. All were C-level executives: 28 percent were Chief executive officers or equivalent and 18 [...]
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 [...]
