The Institute for European Studies

In preparation of the Malta Think Tank ‘From Global to Local’ PRIMO agreed to a dedicated partnership with The Institute for European Studies to address and elaborate the specific theme of climate change. This institute within the University of Malta is focused on multi-disciplinary teaching. It runs an evening Diploma course, as well as full-time courses leading to the Bachelor of European Studies degree and to qualifications at MA and PhD level. Each year Maltese and international students enrol in its […]

Leadership in Risk Management

By Harvard Business Review THE C-SUITE IS taking a stronger role in leading the risk management effort at major primarily European companies, underscoring the higher priority risk has assumed in the wake of several years of financial and economic turmoil. Congruently, companies are underscoring the need for strong board involvement to facilitate decision-making regarding strategic and enterprise-wide risks and to encourage acceptance of a culture of risk management further down in the organization. Companies are struggling, however, to create a wider […]

EIPA Seminar Risk Management & Internal Control

Key Items of Good Governance for Local Governments Rescheduled for April 2014 For PRIMO members: a reduce fee! Target group This seminar is designed for civil servants of local governments with an interest in two important items of good governance: risk management and internal control. Of course, other stakeholders involved in control systems, such as local politicians, are also invited to participate. Description Nowadays there is a lot of attention focused on the functioning of local government for good governance. Due […]

Environmental Risk Management

By Harvard Business Review This report has been written derived from the responses of the HBR survey on this issue, this in cooperation with Zurich, FERMA and PRIMO. Notice that on the 26th of June a webinar will be held. Increasing attention to environmental risk Overwhelmingly, our survey responses tell us that European organizations—companies, largely, but also a sprinkling of government agencies and non-profits—are now placing high priority on managing environmental risk. Nearly two-thirds (61%) rated the level of commitment […]

Meeting the Cyber Risk Challenge

By Marie Gemma Dequae and Jack P. Kruf We contributed to this relevant survey to get a better scope of and insight in what is actually going on within organizations regarding cyber related risks. We know from our members that cyber related risks seem to be under-estimated. The risks can hardly be quantified and measured. They seem a bit of  far away, like the Misty Mountains. On the other hand there are many smaller cyber incidents and more and more larger […]

FERMA Benchmarking Survey 2012

Keys to Understanding the Diversity of Risk Management in a Riskier World Source: FERMA . This 6th Edition of the FERMA Risk Management Benchmarking Survey fits the first strategic objective of FERMA to coordinate, promote and support the development and application of Risk Management in Europe by organising surveys and benchmarks to identify and share current practices. The key findings:

Aftershock: Adjusting to the New World of Risk Management

By Deloitte. Following the latest global economic crisis, organizations of all types are still operating in a volatile, highly changeable risk environment. In a spring 2012 survey of 192 U.S. executives, Deloitte and Forbes Insights found that many are still working hard to make sense of this environment. In fact, a stunning 91% plan to reorganize and reprioritize their approaches to risk management in some form in the coming three years. Indeed, survey respondents do not expect the volatility of […]

Press release RMP and PRIMO start partnership

‘Risk Management Partners (RMP), a leading UK company in the public sector to provide individually insurance programmes, integrate claims management, information management and risk control services that will reduce cost of risk in the medium and long term and Public Risk Management Organisation (PRIMO) have decided to start a dedicated partnership for 2011 and 2012. The partnership of RMP and PRIMO is focused on strengthening the dissemination of relevant public risk related information in the Dutch and English language area’s […]

Alarm Risk Management Toolkit

Alarm, the public risk management association has launched a new Risk Management Toolkit. Developed in association with Marsh, a global leader in insurance broking and risk management, the Toolkit builds on Alarm’s Core Competencies in Public Service Risk Management and has been designed to provide a ‘how to’ guide to the management of risk in public service organisations. The Alarm Risk Management Toolkit differs from other risk management guides as it has been designed specifically for individuals working in a […]

ISO 31000: La gouvernance des risques publics

Préparer le secteur public à la gouvernance des risques publics: premiers pas vers un référentiel ISO 31000: Cadre de gestion des risques et retours d’expériences Source: Marsh, PRIMO La gestion des risques occupe une place de plus en plus importante dans les préoccupations des dirigeants territoriaux. Dans un contexte de quête d’efficience plus marquée, de diversification des outils de la commande publique et de développement des partenariats, la gestion des risques devient un élément incontournable de la gestion publique. Elle […]

Insufficient situational awareness about Critical Infrastructures by Emergency Management

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 along some well-known international emergencies analysed from the perspective of the hypothesis.

Global model practice survey 2010 – Adding some hot topics

Source: Deloitte Foreword We are proud to present the second edition of the model practice survey conducted by Deloitte during the first half of 2010. Due to the success of the 2009 edition, which primarily had European financial institutions in scope, it was decided to broaden the scope to global coverage. This survey includes the response of 89 financial institutions, including banks, insurers, and investment managers. The survey elaborates on the challenges that financial institutions face with models in an […]

Global Risks Report 2011

Source: World Economic Forum and Marsh & McLennan “The financial crisis has drained the world’s capacity for dealing with shocks. The frequency and severity of risks to global stability have amplified, while the ability of global governance systems to deal with them has not. From the Executive Summary The world is in no position to face major, new shocks. The financial crisis has reduced global economic resilience, while increasing geopolitical tension and heightened social concerns suggest that both governments and […]

Rethinking Risk Management in Financial Services

Practices from other domains Source: World Economic Forum, prepared in collaboration with The Boston Consulting Group. Letter from the Steering Committee: “The financial crisis has, to put it mildly, seriously challenged our traditional approach to risk management. Consequently, a number of individuals and institutions have advanced ideas for improving not only the analytical framework, but also the status and relevance of risk management. This report, not only reacts to the most recent episode (although we indeed reference many relevant examples), […]

Cohesion Policy

The main goal of PRIMO is to develop an holistic approach of city governance, i.e. an integrated approach where the city is considered as an entity and in which all institutions and stakeholders cooperate to realize political targets. In this approach the common adressing of risks and benefits, of chances and threatenings is crucial for success. Moreover the ‘tuning’ with higher governmental institutions is crucial. This approach is anchored within our statutes and businessplan, our networks, products and services. Multi-level […]

The top 10 risks for business in 2010

In today’s business environment, conditions remain challenging for many, and risk retains its position high on every organization’s agenda. Source: Ernst & Young In today’s post-downturn economy, a variety of business risks have emerged — and some have become more prominent. From the threat of increased regulation to emerging markets to social responsibility and more, our survey of leading industry executives shows which risks you should be prioritizing this year. Businesses themselves are changing, which brings new risk horizons and, […]

Bridging the gap

The start of this year saw the publication of the 2010 Salary and Status Survey which has given us a valuable insight into the position, responsibilities, reporting lines, salary and benefits received by our members. it also reveals that members are more likely to have a degree and earn above the average salary for public sector employees. 2010 has also seen the launch of the Alarm & CIPFA Risk Management Benchmarking club. Open to any organization within the public sector, […]

The future of risk

Protecting and enabling performance, Report 2009 Source: Ernst & Young, partner of PRIMO Europe Introduction Albeit painful, progress ultimately results from crisis. The current downturn is causing companies to challenge their risk management processes and ask how they can further improve their risk management efforts. Against this backdrop, we conducted a survey to provide a snapshot of the current risk environment and to understand organizational attitudes toward enterprise risk management. We were also interested in understanding how recent events have […]

Insights on IT risk: Top privacy issues for 2010

Source: Ernst & Young, partner of PRIMO Europe Information serves as an integral part of most business processes. Organizations cannot survive without information and the supporting systems, third parties and manual activities that collect, derive, process, store and make available the information. Organizations rely on information and, therefore, are at risk when the information is degraded. In addition, information often imposes obligations to the organization, whether because a law or regulation requires it, or fiduciary duty demands it.

Local authorities to strengthen partnerships/ Consolidation des partenariats par les autorités locales

Source: Public Service Article Friday, May 14, 2010 It’s time to create strong public/private partnerships which would take forward economic, social and environmental well being for citizens and communities, says the European Federation of Local Government Chief Executives (UDiTE). Many local government chief executives are set to reposition their policies for economic, social and environmental regeneration after facing the worst economic recession since the 1930s along with significant budget cuts. This has prompted transformational and influential changes in the way […]

Day of Risk

Source: “Government for the future” Director Eric Frank of PRIMO Nederland participates in Day of Risk. Dutch project on risk and responsibility “The working conference ‘Day of Risk’ on the 19th of May is part of the Dutch project Risk and Responsibility, which aims at sparking a debate on a better balanced management of risk and incidents. The project was commissioned by Roel Bekker, designated Secretary General of the Central Government Reform Programme. It will provide input for a paper […]