52 Risks Framework
Latest
Risk Management Article: Avoiding Cyber Confusion in the Board Room
Business owners, directors and executives need to have a comprehensive understanding of the cyber risks facing their companies and organizations. The increasingly complex internal and external landscape presents unique challenges. Several key steps can however significantly increase the cyber resilience of any company or organization, irrespective of size. In a recent article for Diligent Corporation, Peter Deans, founder of 52 Risks, outlines what can be done to build cyber resilience.
Operational 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
Financial Risks
Latest
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
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.
Read More 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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Getting To First Base In Operational Risk
Enterprise Risk Management (ERM) within organizations continues to be work in progress. More and more organizations are embedding tools and risk management techniques each year.
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Twitter Feed
For most startups, the biggest risk they face is the business not being viable. The offering may not gain sufficient market traction, the business model may have a fatal flaw in it and/or the business may not generate sufficient re…https://lnkd.in/dZxH7CH https://lnkd.in/dA8CzQx
I spoke to several economists, who were worried about the potential economic damage of America and Europe’s rising Covid-19 case numbers on Australia’s economy. @TheKouk @TimHarcourt @ryan_felsman @DavidBassanese @JPMorganAM
For @YahooFinanceAU https://yhoo.it/37okYTA
As many as 800 million people are at high risk of their employment becoming obsolete in an era of greater automation: @economics https://www.bloomberg.com/news/articles/2020-10-20/robots-encroach-on-up-to-800-million-jobs-around-the-world