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 [...]
To mark World Water Day, Bill Baue takes a look at new corporate water risk tools introduced by WRI, Ceres, and GEMI Source: Bill Baue for the Guardian Professional Network The term ‘water risk’ is new enough to draw a blank on Wikipedia search, though the concept of measuring and managing water-related risks dates back to antiquity. [...]
The word dystopia refers to a fictitious place in which everything has gone awry. It is the flip side of utopia, the word coined by Sir Thomas More in his fictional portrayal of a seemingly ideal society. Although such ideas have fascinated novelists ever since More’s musings in the 16th century, there is now reason [...]
IMPROVING RISK GOVERNANCE Bron: Alex Wittenberg, Partner, Oliver Wyman Global Risk Center Recent global shocks, such as the 2008 financial crisis, have driven policy makers and industry strategists to re-examine how to prepare for and respond to such events in the future, whether they arise in financial, natural, public health or even political systems. This [...]
“Cities and local governments need to get ready, reduce the risks and become resilient to disasters. For the next two years and beyond, the United Nations International Strategy for Disaster Reduction (UNISDR) will campaign together with its partners for this to happen. The 2010-2011 World Disaster Reduction Campaign “Making Cities Resilient” addresses issues of local [...]
Source: THE ECONOMIC UPDATE, July 2011, PRIMO Malta John O’Dea speaks to Martin Vella about the importance of developing exchanges of information and expertise to establish risk management as a natural and integral part of good public governance. EDITOR’S NOTE John O’Dea is President of PRIMO Malta and a member of the Executive Board of [...]
Source: TNO Defence, Security and Safety Authors: Eric Luiijf and Marieke Klaver Abstract This paper discusses critical infrastructures (CI) and their dependencies, with as central theme the hypothesis that a lack of CI situational awareness and protection in emergency management operations results in unnecessary amplification of the consequences. This paper discusses the hypothesis and findings [...]
Interactions that shape responses to public risk Source: Risk & Regulation Advisory Council Introduction (quote): “Numerous groups get involved with public risk, including Ministers, civil servants, parliamentarians, the judiciary, the insurance sector, the media, subject-matter experts, single issue lobby groups, standards setters, compliance officers and risk managers. These ‘risk actors’ and the interactions between them, [...]
Stories about risk can be worrying or even frightening. David Spiegelhalter’s ideas can help you understand more and worry less. Source: Risk & Regulation Advisory Council, United Kingdom The Worrier’s Guide to Risk is intended to help everyone make more sense of the seemingly unending series of stories on risk. The guide offers an insight [...]
The UK Government response to “Response with Responsibility: Policy making for Public risk in the 21st Century” Source: UK Department for Business, Innovation & Skills, December 2009 Summary (quote) “The Government welcomes the Risk and Regulation Advisory Council’s (RRAC) report. The Council have delivered tangible results, and have moved the debate on public risk significantly [...]
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 [...]
