Academy

ISO 31000:2018

De nieuwe versie van ISO 31000 werd gepubliceerd op 15 februari 2018.  Er zijn enkele verbeteringen ten opzichte van de vorige versie. Zo zijn onder meer de clausules ‘Framework’ en ‘Process’ beter afgestemd, zijn duidingen waar mensen zich niet comfortabel bij voelden, zoals ‘Level of Risk’, ‘Risk appetite’ en ‘Time frames’ verwijderd en de stappen ‘Risk evaluation’ en ‘Risk treatment’ […]

GDPR goes live

Source: Airmic. EU members states are now entering the final countdown to the EU General Data Protection Regulations (GDPR), which apply from 25 May 2018, bringing a huge change in data protection. All organisations should be familiar with the main provisions of the GDPR. However, organisations must act now, asking themselves how the GDPR apply to them and take practical steps […]

ISO 31000:2018

The new version of ISO 31000 was published on the 15th of February. The series of reports on the changes against ISO 31000:2009 started last year in October has now been concluded. ISO:”This document is for use by people who create and protect value in organizations by managing risks, making decisions, setting and achieving objectives and improving performance. Organizations of all […]

De waarde van weerstand

PRIMO Vlaanderen. Door Wouter Van Dooren en Eva Wolf | Pelckmans Pro De waarde van weerstand gaat over de besluitvorming rondom de Oosterweelverbinding, het project om de Antwerpse Ring te sluiten. Ondanks talloze studies, meerdere verkiezingen en ontzettend veel creativiteit en burgerenergie, werd de Oosterweelknoop pas ontward na een beleidsproces van 20 jaar en meer dan een decennium aan conflict. Waarom […]

Moral Emotions and Intuitions

Author: Sabine Roeser | TU Delft | Palgrave McMillan “In Moral Emotions and Intuitions Sabine Roeser very ably sketches a new theory of moral judgments. She blends traditional intuitionism’s commitment to rationality and ethical realism with the best recent work in the philosophy and psychology of emotions to produce an excitingly attractive view that she calls Affectual Intuitionism. Along the way, she provides a […]

Trust in Regulatory Regimes

Edited by Frédérique Six, Associate Professor of Public Governance, Vrije Universiteit Amsterdam, the Netherlands and Koen Verhoest, Research Professor in Public Administration, University of Antwerp, Belgium Within political and administrative sciences generally, trust as a concept is contested, especially in the field of regulatory governance. This groundbreaking book is the first to systematically explore the role and dynamics of trust […]

COSO and the changing Risk Landscape

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released its highly anticipated ERM Framework: Enterprise Risk Management–Integrating with Strategy and Performance. This new document builds on its predecessor, Enterprise Risk Management–Integrated Framework, one of the most widely recognized and applied risk management frameworks in the world. The updated edition is designed to help organizations create, preserve, and realize […]

Public-private partnerships

By John O’Dea*,  Timesofmalta.com. The PPP Knowledge Lab defines a PPP as “a long-term contract between a private party and a government entity, for providing a public asset or service, in which the private party bears significant risk and management responsibility, and remuneration is linked to performance”. A fundamental feature in PPP is that normally the government does not own the infrastructure, […]

Collaborative Risk Management

PRIMO Academy shares knowledge about authoritative and successfully applied risk methods and techniques. In this article the focus on collaborative risk management by application of the agile framework Scrum and the interactive software  RISKiD, used for (re)design of strategy and development by a large company, delivering and maintaining infrastructure for a diverse range of train traffic. One of the instruments which can be […]

Understanding extreme sea levels for broad-scale coastal impact and adaptation analysis

Source: Nature. Authors: T. Wahl, I.D. Haigh, R.J. Nicholls, A. Arns, S. Dangendorf, J. Hinkel & A.B.A. Slangen One of the main consequences of mean sea level rise (SLR) on human settlements is an increase in flood risk due to an increase in the intensity and frequency of extreme sea levels (ESL). While substantial research efforts are directed towards quantifying […]

Norton Wi-Fi Risk Report 2017 shows our Vulnerability

Norton by Symantec commissioned its second annual online survey, this year expanded to 15 global markets, in order to better understand consumers’ public Wi-Fi perceptions and practices and to unveil consumer misconceptions and worries about the safety of these connections. This survey explores consumers’ knowledge about the safety of public Wi-Fi connections. While use of public Wi-Fi is nearly universal, […]

At the Junction of Corporate Governance & Cybersecurity

Source FERMA. A joint working group, representing risk managers and internal auditors from 8 EU countries and  6 different economic sectors (bank, transport, defense, IT, food services and telecom) has developed recommendations for organizations on innovative ways to internally organize the management of cyber risks. These recommendations include a cyber risk governance model between the key internal stakeholders and the […]

Stress testing for nonfinancial companies

Source: McKinsey&Company. Assessing a company’s vulnerability to risk makes otherwise theoretical discussions of strategy more real. In the decade since the global financial crisis, financial companies have honed their ability to measure risk in a way that nonfinancial companies have not. Granted, nonfinancial executives hadn’t faced the same existential crisis. And they’ve seldom come under the same kinds of investor […]

ISO 19600:2014 Compliance Management Systems

By Jack Kruf. Compliancy is on the way up. More and more organisations focus on being compliant. Not only for being compliant, but also for karma, transparency, branding, imago, security and accountability reasons. And more. To be reported also to elected councils, citizens and shareholders. ISO defined this 19600 standard and published it on the 15th of December 2014. It […]

A Strategic Approach to Resilience in the EU’s External Action

The EU and its Member States have established a robust policy framework to guide the Union’s external action, anchored in Article 21 of the Treaty and the Global Strategy for the European Union’s Foreign and Security Policy (“EU global strategy”), and linked to commitments they have taken at global and regional level. The challenge now is how to sustain progress […]

Investing in resilience: a necessity for European cities? What solutions?

During the European Week of Regions and Cities on the 11th of October 2017 PRIMO will join the UDITE workshop about building resilient cities and regions. Place: Conference room JDE-51, Rue Belliard 99-101, 1040 Bruxelles, Belgium. Time:  09:00 – 10:45. This workshop will offer insights into how local authorities can plan, prioritise & implement local resilience plans. Local authorities and Cities, international organisations and […]

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 […]

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 […]

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 […]

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. […]

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 […]

The Routledge Companion to Strategic Risk Management

Book by Professor Torben Juul Andersen*, published by Routledge Press, London, 2016. Professor Andersen’s work presently is focused on several key aspects of risk leadership, including—notably—an examination of how top management assures effective implementation of risk policy throughout the organization. Additionally, he is supervising doctoral work that is directed toward better understanding managing organizational uncertainty and developing methodologies for earlier detection of […]