Japan: Large-Scale Floods and Earthquakes International Futures Programme Damages to economic assets resulting from natural disasters have soared in the past fifteen years, and climate change models forecast intensified exposure to extreme weather in many OECD countries. The occurrence of flooding in Europe for the period 1998-2006 more than doubled compared with 1990-1998, while in [...]
Since 2003, the OECD International Futures Program has aimed to contribute to the discussion of member countries on the major risks of the 21st century. The project on risk management policies focuses on the consistency, effectiveness and openness of risk management systems in OECD member countries, especially in terms of their ability to cope with [...]
In the previous issue of PRIMO magazine we introduce Byron Davies, President of UDiTE the strategic partner of PRIMO. Byron has taken a decision to change career from the public sector into founding his own strategic partnership consultancy that will work with private sector consortia and with public/private partnerships to bring together an approach to [...]
Written and researched by Galina Andreeva, Jake Ansell and Tina Harrison – October 2009 Politicians represent a diverse group, including government as well as opposition. In the UK there are a number of interacting bodies: Westminster Parliament, Scottish Parliament, Welsh Assembly, Northern Irish Assembly and Local Authorities. There are a number of institutions outside UK [...]
It was on the 1st of April 2005, in Strasbourg, that UDITE launched the initiative for a new approach of public risks. It was felt necessary that CEOs were better supported on the emerging risks within their cities and villages. A new management approach was needed. In our venue near Place Kléber in this beautiful [...]
By Jack Kruf, Founding President PRIMO Europe In 2009 it were the banks, in 2010 it are the countries, in 2011 it will be the municipalities. The global financial crisis eventually will fully hit our streets and neighbourhoods. Although, one week before the Dutch municipal elections there seems to be no real and focussed political [...]
“Fostering the international dialogue and exchange of information and best practices in risk, emergency and disaster management…” It sounds easy. Is it? How about different personalities, priorities, interests, semantics, terminology, jurisdictions, disciplines, cultures and language barriers? By Eelco Dykstra As a visiting professor of International Emergency Management first at the University of Kuopio in Finland [...]
By Josiane van Waesberghe Introduction When you look at Belgium on a map, it barely registers. Its small size belies a country with much sought after CEOs and, since the beginning of this year, an internationally acclaimed risk management approach for the public sector. Origins of the approach The approach as used by the Belgian [...]
Risk Survey; where to now? Monday 5 October PRIMO Europe organised a Roundtable, during the UDiTE AGM 2009 in Brussels, to discuss the Risk Survey PRIMO Europe conducted with Marsh. Key question during this Roundtable was “Where to now”? What should we do with the outcomes of the Risk Survey? Which actions should we take [...]
The partners and the audience of the second national meeting “Risk and Public Sector” expressed a big satisfaction of the second national meeting “Risk and Public Sector” in Paris – France. Also the founders of this innovating initiative, MediaContactServices and PRIMO France, are happy with the gathering. The annual meeting makes the unifying role on [...]
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 [...]
