QP Magazine

Quaterna Publica is an annual magazine with a selection of  relevant news, articles and publications, related to the management and governance of public values and risks. It is available online.

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 emergent risks. Managing risk in and across organizations has always been of vital importance, both for individual firms and for […]

The Global Risks Report 2017

Published as the 12th annual edition by the World Economic Forum, this year’s findings are testament to five key challenges that the world now faces. The first two are in the economic category, in line with the fact that rising income and wealth disparity is rated by GRPS respondents as the most important trend in determining global developments over the next 10 years. This points to the need for reviving economic growth, but the growing mood of anti-establishment populism suggests we […]

The Citizen in the Centre?

By Erik Koopman. Municipalities face significant challenges and uncertainties in carrying out their new tasks in the social domain. Many municipalities have chosen for a central role for social district teams. Even though the district teams vary greatly in their tasks and structure, in general the teams exist to discover the genuine need for help and support for citizens and to be able to see the ‘bigger picture’ in order to recognise and solve problems early, integrally and effectively. This […]

PRIMO Risk Management Award for the City of Utrecht

The city of Utrecht received the PRIMO Risk Management Award for their excellent organisation of Le Grand Départ de Tour de France 2015. On the 9th of December 2016, chairman of PRIMO Nederland, Michel Bezuijen, handed over the award to the mayor of the municipality of Utrecht, Jan van Zanen. The choice for Utrecht was based on the ‘excellent’ in the evaluation report by the Utrecht University, the way the project team built in risk management in their daily work and the direct […]

Terrorism Risk and Insurance

The leading Insurance Information Institute gives insight in the connection of terrorism risk and insurance. Of course we have -at all times – to protect our citizens and society from heavy losses and essential disruption. But in case of an emergency, what can the public relevance of insurance be? What actually can be insured and what not? “In addition to the risk of natural disasters, the insurance industry faces the threat of terrorist attacks. Losses stemming from the destruction of the World Trade Center and other […]

ISO 22316: Security and Resilience

The new ISO 22316 standard about organizational resilience will be published ultimo at the beginning of 2017. It has been developed by the ISO/TC 292 – Security and resilience – committee of the International Organization for Standardization in Geneva. Organizational resilience is the ability of an organization to respond and adapt to change. Resilience enables organizations to anticipate and respond to threats and opportunities, arising from sudden or gradual changes in their internal and external context. Enhancing resilience should be a strategic organizational goal. It is […]

Malta Seminar: Climate Change and Disaster Risk Reduction

Trends and Economic Challenges in Malta as part of the ‘Climate Change Research Seminar Series’. Date: Tuesday 29th November 2016 Organisation: by the Climate Change Research Platform of the University of Malta* and PRIMO** Venue: IT Services Building, Room VC102, Malta University The Climate Change Platform (CCP) was set up, under the auspices of the Islands and Small States Institute, to facilitate collaborations between University of Malta entities and individuals interested in climate change issues, and to promote research and […]

Good Government and Coordination

By Jack Kruf. The painting in the Town Hall of the City (and from Republic) of Siena is called The Allegory of Good and Bad Government. It is a series of three fresco panels painted in the Sala Dei Nove by Ambrogio Lorenzetti in 1338/1339. The series consists of six different scenes: Allegory of Good Government, Allegory of Bad Government, Effects of Bad Government in the City, Effects of Bad Government in the Country, Effects of Good Government in the City and Effects of Good Government in the Country.  The only way to get […]

Health and Safety Risk Management Review

PRIMO: This approach and methodology of Risk Management Partners and Gallagher Basset can result in a systematic and thorough picture of the actual health and safety aspects in a public organisation. It above all gives input for concrete management measures. The processes review and implementation are well interlinked and based on practical experiences. It is a tool for proactivity. Source: Risk Management Partners Overview Every working day in Great Britain at least one person is killed and over 6,000 are injured at work. Every […]

The Global Competitiveness Report

Source: World Economic Forum. We face a large challenge—how to build a more prosperous and inclusive world for all. As a flagship effort of the Forum’s System Initiative on Economic Growth and Social Inclusion, The Global Competitiveness Report serves as a tool for public-private collaboration on long-term competitiveness agendas contributing to this objective. From the perspective of the Global Risks Report this report highlights governance and management approaches which can be helpful in reaching values and objectives on one hand and […]

COSO: Guide for Fraud Risk Management

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has developed – such in collaboration with the Association of Certified Fraud Examiners (ACFE), The Institute of Internal Auditors and American Institute of CPA’s (AICPA) –  an integrated fraud risk management program to support organisations with tracing, treat and control: Fraud Risk Management Guide. This guide provides implementation guidance that defines principles and points of focus for fraud risk management and describes how organizations of various sizes and types can establish their own fraud risk management program. It also includes examples […]

Cyber Risk demands Insurance and Risk Management

Cyber risk is no longer considered an emerging risk. Every organization should consider the financial statement impact of cyber exposures. Cyber risk is not static, and as such our framework serves as a tool for holistic cyber risk management. Aon Risk Solutions has launched insurance covers with the aim to extent on existing and more traditional cyber policies with embedding system failures, legal aspects and managerial aspects of the organisation. A noteworthy document to read for every manager because it highlights the crucial points […]

Strategic decisions: When can you trust your gut?

Source: McKinsey Quaterly. A classic article from 2010: “Nobel laureate Daniel Kahneman and psychologist Gary Klein debate the power and perils of intuition for senior executives. For two scholars representing opposing schools of thought, Daniel Kahneman and Gary Klein find a surprising amount of common ground. Kahneman, a psychologist, won the Nobel Prize in economics in 2002 for prospect theory, which helps explain the sometimes counterintuitive choices people make under uncertainty. Klein, a senior scientist at MacroCognition, has focused on the power […]

Flooding after Storm Desmond

Source: Zurich The storms that battered the north of England and parts of Scotland at the end of 2015 and early 2016 caused significant damage and disruption to families and businesses across tight knit rural communities and larger towns and cities. This came just two years after Storm Xaver inflicted significant damage to the east coast of England. Flooding is not a new threat to the residents of the Lake District, but the severity of the events in December 2015 […]

World Risk Report 2016

Source: United Nations University When an extreme environmental hazard strikes, infrastructure can be a deciding factor in whether or not the situation becomes a disaster. Roads, for example, can provide access to quickly supply relief aid to affected communities; but if roads are destroyed, entire regions can be cut off from support. The World Risk Report 2016, published on 25 August by UNU-EHS and Bündnis Entwicklung Hilft, analyses the role that infrastructure plays in shaping a country’s disaster risk. The World Risk Index, calculated […]

Transforming enterprise risk management for value in the insurance industry

By McKinsey&Company Leading insurers are retooling the role of their risk function from incident response and compliance to an essential partner in advancing the business strategy. The value of enterprise risk management (ERM) in the insurance industry was given a decisive demonstration in the financial crisis. McKinsey research showed that the better their ERM systems, the better insurers performed financially in 2008 and 2009. >>

EU Migration Crisis Update

According PRIMO one of the main public risks is  – caused by the way we manage the migrants in a very slow and non-systemic way – the harm we do to the resilience and self respect of individual humans and their integration in public society. This update by Medecins Sans Frontiers (MSF) is an impressive and in depth story of ourselves. It proofs once again that risk management is still lacking momentum and is considered mainly from a higher ground perspective. Still public […]

European Public Sector Award 2015

By Harrie Scholtens In 2015 the European Institute of Public Administration (EIPA) was the proud organiser of the 2015 Edition of the European Public Sector Award (EPSA), the fifth edition since the beginning. The EPSA was first awarded in 2007 and since then takes place every two years. EIPA has organised and managed it for the fourth time in a row. Now that the successful Award Ceremony is over, time has come for a more personal general reflection on the […]

Seeing the field

  This part of the movie ‘The Legend Of Bagger Vance‘ (2000) is about focus on the target. Or maybe about knowing and feeling the circumstances and your own abilities and perspective in reaching for your objective. It is about the governance of values and therefor about risk management. Risk can be defined as a deviation from target, which is an interpretation of the ISO 31000 definition: ‘risk is the effect of uncertainty on objectives’. Leaders and managers … ‘seeing the field’ in taking […]

Being a team

This part from the movie ‘Any Given Sunday‘ (1999) is about being a team in getting to the target. It is about having the attitude and the spirit to put your self in a serving position and by bringing your team mate in the winning position. It is about winning as a team or loosing as an individual. Getting to the target: winning. It is about the governance of values, reducing the uncertainties and therefor about risk management. Risk can be defined […]

PRIMO enters KnowledgeHub

The European organisation PRIMO enters the Knowledgehub as partner of UDITE, The European Federation Local Authority Chief Executive Officers. This unique online platform: Offers open, restricted or private groups for public service conversations. It has over 1,500 groups, including officers, elected members, researchers, policy makers, suppliers, teachers, volunteers and many others, talking, sharing and solving public sector issues together. Enables professional groups, membership bodies and associations to offer the same great service to their members, but in a more cost effective way, as there’s no need […]