• Think tank ‘From Global to Local’

    On the 9th of June 2017 in Santarem, Portugal, the European associations PRIMO and Federation of European Local Government Chief Executives (UDITE) will organise their think tank to discuss public risks in Europe in general and cyber related risks in particular, this in perspective of local and regional governance and management. The meeting will be organised in cooperation with Associação dos Trabalhadores da Administração Local (ATAM), SABSEG Seguros and European Institute of Public Administration (EIPA). Hosts of the think tank will be Francisco Alveirinho Correia, President of […]

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  • City Risk Review

    ‘Be prepared, cherish your values’ PRIMO developed a ‘City Risk Review’ which monitors the state of the values, targets and plans of your organisation in relation to the domain where it is focused on and the main deviations (risks) to be expected. The holistic approach of PRIMO shares a ‘magic’ light (Lanterna Magica) on the whole of your set of values, perspectives and objectives. It is dialogue oriented and gives you as decision maker instant insight in the headlines to focus on. The […]

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  • Agenda

    In 2017 we focus on the development of our portfolio: Think Tank, Masterclasses, European Days and City Review. We will strengthen our cooperation with UDITE and EIPA and develop eduction programmes with Malta University and the University of St. Thomas. Our agenda: 2017 – 4 January, PRIMO and St. Thomas University start cooperation on Risk Leadership, Minnesota/Brussels – 22 March, Cross border nuclear safety, The Netherlands/Belgium meeting, chaired by PRIMO, City of Reimerswaal, The Netherlands – 24 March, Think Tank ‘From Global to Local’, PRIMO and […]

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  • Public Risk: About Values in our Society

    This ebook contains a first selection of publications related to the governance and management of public values and risks. It is in development and updated every month, starting October 2016 until december 2017. The kaleidoscopic selection over a period of ten years is an exploration of definitions, views and insights from public and private leaders, scientists and practitioners. You can follow us by downloading the epub3-book (fixed lay-out)/pdf or by reading online (see frame hereunder). The content is also – mostly summarised – available on this web […]

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  • Innovation on PPP

    Risk Area One of the focus points of PRIMO in the last several years, because of its increasing relevance in strategy and policy development in the public domain. Here you find the advises of experts, given during a round table in Brussels on the 23rd of April in 2013. Special thanks to Mr. Tristan Dhondt and Mr. Rob Ellermeijer of Ernst & Young for their kind hospitality and to Belfius Bank, BNG Bank, Risk Management Partners (RMP) and UDITE for their partnership. The meeting […]

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  • Risk Management and CAF/TQM

    PRIMO and EIPA combined forces in order to align the risk management and the quality management dynamic. Knowledge and networks of both organisations will be combined to realise the goal of having a platform through which civil servants and (local) politicians can learn about good governance. In the seminar of EIPA, PRIMO will focus not only on the technical and managerial part of risk management but also highlight the context of the present public domain and the need for an holistic approach […]

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  • The Art of Public Risk Management

    Masterclass: being equipped Designed for an holistic and dialogue oriented risk approach. Discussing relevant themes as cybersecurity, social cohesion and city management, adaptation to climate change, proper water management and synergy by partnership. Getting familiar with the best concepts, methods and techniques to manage risk. Learning from the authoritative scientists and practitioners. The 1-day masterclass gives you insight and knowledge where main uncertainties and risks emerge with good governance as background. Topics Public values The public domain in general. Stakeholders and […]

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Leadership failures

By John O’Dea. We in Europe believe that our democratic system provides the foundation for a great set of principles and values that lead to good public governance. Public leadership is embedded within this, at least we think it is fair to say we ‘believe’ this. One might even say we have believed this for a long time since democracy traces back to the Greek concept of democracy over 2,500 years ago. However, it is also fair to say that […]

Public Risk and ISO 20400:2017

Practitioners experience as well scientific research related to public governance point in the direction of a high correlation between the quality of interfaces – within or between organisations – and the presence of public risks. Working together and tuning in the chain of things are crucial for quality. Many of the international strategies and polices points in the direction of a need for a more sustainable business development, this to protect quality of life, a balanced society, the natural environment, earth. Procurement makes up a substantial […]

The Benefits and Risks of Policymakers’ Use of Smart City Technology

By Emily Hamilton. Mercatus Working Paper, Mercatus Center at George Mason University, Arlington, VA. The term smart cities refers to the intersection of connected devices (also known as the Internet of Things), big data, the urban environment, and city dwellers. Smart city innovations have been widely lauded for their potential to improve government services and government transparency. Sensor technology creates the potential for congestion pricing, which could make government services more efficient. Access to big data can give policymakers the […]

2017 Global Risk Management Survey

By AON. The report concludes, that by the rapidly changing business environment and the world’s increased connectivity means that traditional and emerging risk are becoming more and more unpredictable. Despite big data, companies are less prepared for managing those risks. You might expect otherwise. The report highlights developments as disruptive technology and innovation, cybercrime and political risks and uncertainties. The main conclusions: Leaders are challenged with how best to prepare and mitigate the risks. Varying perceptions of risk by different organizational functions demonstrates […]

Distortions and deceptions in strategic decisions

Source: McKinsey Quarterly, by Dan P. Lovallo and Olivier Sibony. Companies are vulnerable to misconceptions, biases, and plain old lies. But not hopelessly vulnerable. The chief executive of a large multinational was trying to decide whether to undertake an enormous merger—one that would not only change the direction of his company but also transform its whole industry. He had gathered his top team for a final discussion… Errors in strategic decision making can arise from the cognitive biases we all have as […]

IoT unlocks the door to hackers

Source: Strategic Risk. Businesses need to wise up to security flaws as they embrace the Internet of Things. This is a buzz phrase we hear used regularly but it is one which is prone to misconception and misunderstanding. Connecting devices, such as a kettle or light bulbs, over the internet and allowing them to communicate with each other and ourselves is the essence of the IoT. Smart fridges will order your shopping when supplies run low. A smart heating system […]

Coral reef – our ocean delivery room – under great stress

Source: Arc Centre of Excellence Coral Reef Studies For the second time in just 12 months, scientists have recorded severe coral bleaching across huge tracts of the Great Barrier Reef after completing aerial surveys along its entire length. In 2016, bleaching was most severe in the northern third of the Reef, while one year on, the middle third has experienced the most intense coral bleaching. “The combined impact of this back-to-back bleaching stretches for 1,500 km (900 miles), leaving only […]

Revision ISO 31000-2009 scheduled

Source: ISO. ISO 31000:2009 on risk management is intended for people who create and protect value in an organization by managing risks, making decisions, setting and achieving objectives and improving performance. The standard’s revision process discovers the virtues of keeping risk management simple. The revision of ISO 31000:2009, Risk management – Principles and guidelines, has moved one step further to Draft International Standard (DIS) stage where the draft is now available for public comment. What does it mean? And what happened […]

Strategic Disaster Planning

Source: ICMA. Those who work with communities in the aftermath of natural disasters see the importance of advance planning firsthand. Disaster plans save time, money, headaches and, ultimately, they can save lives. In short, planning makes disasters less disastrous. And yet, it can be difficult for communities to prioritize disaster planning, particularly for those with limited time, budget, or staff. These communities can also be hit the hardest when a disaster does strike. One of the biggest challenges we see […]

Acceleration on Disaster Reduction Sendai Framework

The European Committee of the Regions (CoR), European Commission and the United Nations Office for Disaster Risk Reduction (UNISDR) seek to accelerate the implementation and monitoring of the Sendai Framework, in order to reduce the impact of natural disasters. The scope is that disaster resilient development needs to be imbedded into all public investment strategies by transforming the commitments, made by policy makers and stakeholders, into national and local action and to accelerate regional implementation and monitoring. “The intensity and frequency of […]

Climate change: global reshuffle of wildlife will have huge impacts on humanity

Source: The Guardian. Mass migration of species to cooler climes has profound implications for society, pushing disease-carrying insects, crop pests and crucial pollinators into new areas, says international team of scientists. Global warming is reshuffling the ranges of animals and plants around the world with profound consequences for humanity, according to a major new analysis. Rising temperatures on land and sea are increasingly forcing species to migrate to cooler climes, pushing disease-carrying insects into new areas, moving the pests that attack […]

US is not ‘us’ anymore

 By Jack Kruf. The decision of president Trump (another one per decree and not via political and democratic debate and decision lines) to undo existing policies, pledges and contracts related to the commonly Paris agreed and signed innovative climate change approach, must give other countries reason to reconsider the trustworthiness and credibility of the United States. To say it blunt. From this decision more public risks will emerge and continue to do so, according most of the leading NGO’s, universities and research institutes. […]

Climate breaks multiple records in 2016, with global impacts

By World Meteorological Organization The year 2016 made history, with a record global temperature, exceptionally low sea ice, and unabated sea level rise and ocean heat, according to the World Meteorological Organization (WMO). Extreme weather and climate conditions have continued into 2017. WMO issued its annual statement on the State of the Global Climate ahead of World Meteorological Day on 23 March. It is based on multiple international datasets maintained independently by global climate analysis centres and information submitted by […]

The evolution of model risk management

By Ignacio Crespo, Pankaj Kumar, Peter Noteboom, and Marc Taymans. McKinsey&Company An increasing reliance on models, regulatory challenges, and talent scarcity is driving banks toward a model risk management organization that is both more effective and value-centric. The number of models is rising dramatically—10 to 25 percent annually at large institutions—as banks utilize models for an ever-widening scope of decision making. More complex models are being created with advanced-analytics techniques, such as machine learning, to achieve higher performance standards. A typical […]

Didier Sornette: How we can predict the next financial crisis

The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. But Didier Sornette and his Financial Crisis Observatory have plotted a set of early warning signs for unstable, growing systems, tracking the moment when any bubble is about to pop. Didier Sornette (born June 25, 1957 in Paris) is Professor on the Chair of Entrepreneurial Risks at the Swiss Federal Institute of Technology Zurich (ETH Zurich). He is also a professor of the Swiss Finance Institute, and a professor associated with both […]

The Risk of Leadership

A plea for a new search for modern leadership. By Jack Kruf Yes, we have our democratic system as a great set of principles and values for good public governance. Public leadership is embedded in this, at least it should be. You may expect excellent results, because the democratic system traces back to the Greek δημοκρατία 508 BC. From there it developed until now, anno 2017. Considering the state of society and natural ecosystems you may expected more of 2525 […]

European Public Sector Award (EPSA)

Since its launch in 2007, the European Public Sector Award (EPSA) has received, assessed and made accessible more than 1000 public practices from 39 European countries and the European institutions. Among the “top submitters” were countries such as Spain, Romania, Poland, Italy, Austria and Germany. These cases form a rich database of valuable experiences at the service and disposal of all European public administrations and make the European Public Sector Award the European network of public sector excellence. For all […]

Nonfinancial risk today: getting risk and the business aligned

By Joseba Eceiza, Piotr Kaminski and Thomas Poppensieker, McKinsey&Company. Ask senior managers at any company if they have nonfinancial risk under control, and the answer is likely to be yes. But as managers of companies in automotive, banking, oil and gas, pharmaceuticals and many other sectors can attest, the reality is often very different. And as personal liability for corporate actions takes hold, board members—both executive and nonexecutive—are on the hook not just for their personal involvement in risk- and compliance-related […]

Resilient Cities

Resilient cities are cities that have the ability to absorb, recover and prepare for future shocks (economic, environmental, social & institutional). Resilient cities promote sustainable development, well-being and inclusive growth.  The OECD is investigating how cities can increase their resilience. There are 4 areas that drive resilience: economy, governance, society and environment. The report on the OECD Resilient Cities project is structured into 4 sections: A framework for resilient cities. It provides a working definition of a resilient city, the drivers […]

Political Risk Map 2017

By Marsh. Global Geopolitical Risk Concerns for Businesses. Events in the West, including the UK’s Brexit vote and the US presidential election, have the potential to amplify geopolitical risks in 2017. Large populations have become dissatisfied with conventional politics, driven by factors such as surges in immigration, the ongoing terrorism threat, and the knock-on effect of global financial crises. The result has been increased protectionism and the rise of anti-establishment, nation-first parties in countries worldwide. In addition to these threats, […]

Climate change, impacts and vulnerability in Europe 2016

Europe’s regions are facing rising sea levels and more extreme weather, such as more frequent and more intense heatwaves, flooding, droughts and storms due to climate change, according to a European Environment Agency report published today. The report ‘Climate change, impacts and vulnerability in Europe 2016’ by the European Environment Agency assesses the latest trends and projections on climate change and its impacts across Europe and finds that better and more flexible adaptation strategies, policies and measures will be crucial to […]