Reliable and Secure Governance

Doughnut Economics

By Kate Raworth Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses […]

The Global State of Democracy

By www.idea.int. The Global State of Democracy: exploring Democracy’s Resilience seeks to address the lack of analytical material on democracy building and the quality of democracy internationally, and to bridge the gap between academic research, policy development and democracy assistance initiatives. It introduces the new Global State of Democracy indices as a key evidence base to inform policy interventions and identify problem-solving […]

Rotterdam Awarded Global Centre of Excellence on Climate Adaptation

By Arnoud Molenaar. In early 2017, The Netherlands announced it would work with Japan and UN Environment to establish a Global Centre of Excellence on Climate Adaptation (GCECA) to help countries, institutions and businesses adapt to a changing climate. And now, we are excited to share that this international knowledge centre will be hosted in two Dutch cities: Rotterdam and […]

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 […]

Strategy under uncertainty

By Hugh G. Courtney, Jane Kirkland, and S. Patrick Viguerie, June 2000,McKinsey&Company. The traditional approach to strategy requires precise predictions and thus often leads executives to underestimate uncertainty. This can be downright dangerous. A four-level framework can help. At the heart of the traditional approach to strategy lies the assumption that executives, by applying a set of powerful analytic tools, […]

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, […]

The Urban Resilience Strategy of Rotterdam

Source: 100 Resilient Cities. Rotterdam formally published its resilience strategy on the 16th of May 2016. The executive summary is very clear about the new concept of approaching city management and public governance and the ambitious goals for the near future. “We must come together in a holistic way to face our challenges and take actions that can enhance resilience […]

EU Court: Poland illegal in Białowieża Forest

Poland will continue logging in the ancient forest of Białowieża.  This statement came from the country’s environment minister Jan Szyszko. The EU court has ordered a halt to the practice of this country earlier this week. Has Poland started the process of destroying the last European pristine forest? And has it with that compromised the brand of Poland. The loss […]

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 […]

Financial Economic Crime Data analytics: towards Compliance 3.0?

Source: EY. Will next generation Transaction monitoring enable Compliance 3.0?Managing Financial Economic Crime risks (“FEC risks”) is an ongoing challenge for Banks. The FEC requirements mitigating these risks are not just limited to policies and procedures, Integrity risk assessments (“SIRA”) and KYC/AML procedures. Banks should also be capable of showing that the FEC Compliance measures are effective. The recent “concept […]

Closing the Gap

Source: Lloyd’s. Over the past few decades the internet has enabled extraordinary innovation to take place, creating new business models, giving rise to world-changing companies and generating millions of jobs. But this progress has come at a cost. By their nature, digital systems are susceptible to cyber-attacks by malicious individuals or groups with increasingly serious repercussions for businesses around the […]

Risk Management in the very heart of 4IR

Source: G20 Insights. PricewaterhouseCoopers outlined ideas to enable a sustainable Fourth Industrial Revolution. How G20 countries can create the conditions for emerging technologies to benefit people and the planet. “The Fourth Industrial Revolution (4IR) offers huge potential to transform and realign our economies and societies. There is an increasing realisation that the 4IR could also exacerbate problems for people and the […]

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 […]

Ten Questions Every Board Should Ask in Overseeing Cyber Risks

Nasdaq & Simpson Thacher present – in June 2017 – a compact, highly informative and well written document, which in fact is a general guideline and a first step for an integrated approach of risk management. It is suitable for in fact every company or public organisation which has experienced or will be experiencing cyber attacks. It is offering a […]

Incêndio de Pedrógão Grande

Quercus considers clearance of responsibilities necessary and recalls management mistakes of successive Governments in the forest area. Quercus is a Portuguese non-governmental organization and a independent, non-partisan association of national scope, non-profit and made up of citizens who have gathered around the same interest for the Conservation of Nature and Natural Resources and in Defense of the Environment in general, with […]

The Dutch Have Solutions to Rising Seas. The World Is Watching.

By Michael Kimmelman, New York Times.  In the waterlogged Netherlands, climate change is considered neither a hypothetical nor a drag on the economy. Instead, it’s an opportunity. “It is, in essence, to let water in, where possible, not hope to subdue Mother Nature: to live with the water, rather than struggle to defeat it. The Dutch devise lakes, garages, parks and […]

US is not ‘us’ anymore

By Jack Kruf. The decision of president Donald 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. Where promises, commitments and contracts […]

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 […]

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 […]

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 […]

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 […]