52 Risks Framework
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52 Risks News & Updates – March 2021
The March 2021 newsletter from 52 Risks, on current risk management issues, the collapse of financier Greensill, supply chain risk and cyber security risk
Operational Risks
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21 Ideas for Using the 52 Risks® Framework to Manage Risks
The 52 Risks® framework has a multitude of uses. It can be used to assist business owners, executives and risk managers gain a deeper understanding of the risks that any business may face. Here are 21 ideas than can re-energise the discussion and oversight of risk in any business:
Financial Risks
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Pandemics: The Convergence of Business Disruption & Economic Slowdown
Pandemics (or near pandemics) are infrequent occurrences and appear to have varied in their nature and impact. The longer-term impact from the supply chain disruptions, any economic slowdown, and financial markets dislocation is often unclear. There should be three distinct areas of focus and consideration by business owners and managers in such a period of disruption and uncertainty.
Latest Posts
21 Ideas for Using the 52 Risks® Framework to Manage Risks
The 52 Risks® framework has a multitude of uses. It can be used to assist business owners, executives and risk managers gain a deeper understanding of the risks that any business may face. Here are 21 ideas than can re-energise the discussion and oversight of risk in any business:
Read More
Spotlight on Climate Change Risk
Six practical steps businesses can take to begin to plan for the impact of climate change over short, medium- and longer-term time horizons. It is important for businesses to keep one eye on medium and long term risks.
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Operational Risk Management in a Period of Disruption – Will Normal Programming Resume Shortly?
In both normal times and uncertain times, policies and procedures seek to give all employees support in the carriage of business activities. The current COVID-19/coronavirus social and economic crisis is, however, putting to the test existing, proven and robust policies and procures in all organisations
Read More Pandemics: The Convergence of Business Disruption & Economic Slowdown
Pandemics (or near pandemics) are infrequent occurrences and appear to have varied in their nature and impact. The longer-term impact from the supply chain disruptions, any economic slowdown, and financial markets dislocation is often unclear. There should be three distinct areas of focus and consideration by business owners and managers in such a period of disruption and uncertainty.
Read More
Spotlight on Partner Risk
How to manage business partnerships and identify business financial and operational risks in business partnerships that may impact on a business’ financial performance.
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Spotlight on Business Model Risk
Business leaders often neglect to critically question the sustainability of their business model. When a line of business, department, segment or product is going well the temptation is to rely on it more heavily for future revenue and earnings growth. There are a number of key questions that can be asked to assess and understand business model risk.
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A very good article - on only three of the compelling reasons to have a Chief Risk Officer in a business of any reasonable scale and size. There are many others.
Thanks for sharing Jonathan Harper
#riskmanagement #chiefriskofficer #management #csuites https://lnkd.in/g96hQCz
Want to give you oversight and management of business risks a lift in 2021 ? 52 Risks is a free resource to help foster a greater awareness and understanding of business risks, for anyone operating in an industry, anywhere in the world.
Clink here…https://lnkd.in/gZpHe7s
Great to be back on ticker NEWS yesterday talking about the improving economic outlook for 2021 and the importance of businesses managing cashflow and liquidity risks, even in the better economic times.
It is fantastic to see 6clicks using this forum t…https://lnkd.in/ghSKTmY