The International Katrina Project (IKP) seems to become more actual by the week. Last week an Atlantic storm hits France and combined with heavy rainfall caused flooding and killing people. The IKP and PRIMO already discussed possible new approaches on improving crisis and risk management related to such impacts. One thing is for sure, many [...]
The most far-reaching approach to risk management is taking radical measures and simply block further loss of precious values, societies and ecosystems. Blocking desertification in Chad financed by the World Bank is such a mega-project. It seems to be an example of smart thinking and a holistic and coordinated approach. The risks related to the [...]
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, [...]
Twenty years ago The Club of Rome brought forward the prognose that with the present techniques (1990) there would be enough drinkable clean water on Earth for 3 billion people. Now we are with much more people on our planet. Of course techniques are better, but with the combination with climate change makes it all [...]
In Copenhagen Scientists and politicians are discussing this week during the “International Scientific Congress on Climate Change the “global risks, challenges and decisions on climate change”. All organized by the University of Copenhagen. What are the risks we are facing and how do they impact us this century. Four leading experts brought forward that sea [...]
Preface by Klaus Schwab Founder and Executive Chairman World Economic Forum “2009 will be a year of learning the lessons of the financial crisis; a year where its reach in terms of time and scope becomes more evident; a year that calls for a new financial architecture to be shaped. At the same time, it [...]
Report from the HM Treasury (UK, 2006) The scientific evidence is now overwhelming: climate change presents very serious global risks, and it demands an urgent global response. This independent Review was commissioned by the Chancellor of the Exchequer, reporting to both the Chancellor and to the Prime Minister, as a contribution to assessing the evidence [...]
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 [...]
