Source: ETHISPHERE “Risk Management from a New Perspective” Ensuring that the most pertinent risks to the viability of an organization are being addressed adequately is critical to an organization’s success. Many organizations have some form of a risk management program to help them manage and mitigate risks; however, understanding whether their program employs best [...]
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, [...]
Source: World Economic Forum “The World Economic Forum launches the Risk Response Network on the opening day of the World Economic Forum Annual Meeting in Davos. The world has fundamentally changed and this new reality calls for more foresight and collective action to address a broad range of global risks. The network will address concerns [...]
Report of the Parliamentary Committee Inquiry Financial System Tweede Kamer der Staten-Generaal (House of Representatives, Netherlands Parliament), 10 May 2010 From the report: “Background to and structure of the inquiry In 2007, the world was shocked by the rapid increase of problems in the financial sector, which were caused largely by problems in the mortgage [...]
Martin van Staveren finalized his dissertation about the “Design propositions for Implementing Risk Management in Organizations”. His study is an in depth search for the mysteries of human soul and the related behaviour. He concludes that “Managing risk is difficult, applying risk management is more difficult and implementing risk management in organizations is the most [...]
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 [...]
