Source: Maplecroft A new global ranking, calculating the vulnerability of 170 countries to the impacts of climate change over the next 30 years, identifies some of the world’s largest and fastest-growing economies, including India, as facing the greatest risks to their populations, ecosystems and business environments.
Source: The New Yorker Author: James Surowiecki On February 1, 1953, a fierce, sustained storm created a huge surge in the North Sea off the coast of Holland. Floodwaters overtopped the dikes, swallowing half a million acres of land and killing nearly two thousand people. Within weeks of the storm, a government commission issued what [...]
Source: North Sea Commission “The General Assembly of the North Sea Commission, held in Stavanger (Norway) on 18 June 2010, expressed their real concerns in respect of the oil disaster in the Gulf of Mexico. The General Assembly urges all governments to urgently investigate the risks which exist in the North Sea. The North Sea [...]
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 [...]
We live a relative safe life. But that safety is not a quiet posession. Uncertain risks as infection deseases and climate change brings us to a new challenge in physical safety policy. How we can face that challenge has been described in the report ‘Uncertain Safety’ of the Wetenschappelijke Raad voor het Regeringsbeleid (WRR), the [...]
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 [...]
