Category: Financial Risks
This article outlines ten important financial risks that may arise for many – if not all – businesses in an economic downturn. Even in buoyant economic times, however, these financial risks need to be closely monitored and assessed.Read More
Scenario planning and stress testing are two tools that directors and executives should be regularly using to support and guide their decision-making process.
52 Risks Creator and Founder, Peter Deans, recently published an article titled “Stress Rehearsal” for the Australian Institute of Company Directors magazine on the use of scenario planning and stress testing. The article discusses how these tool can assist assess the risks and opportunities arising from climate change and other emerging risksRead More
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
A little-known concept prior to the financial meltdown that consumed the global financial system in 2008 was stress testing. Stress testing for banks and financial institutions was in its infancy prior to the Global Financial Crisis.Read More
52 Risks® framework brings together in one framework the key strategic, financial and operational risk categories that face all businesses.
There are many different ways in which businesses can use the 52 Risks® framework. This can be in workshops, strategic planning sessions or management meetings.
52 Risks® is a unique, innovative framework designed to assist organizations identify, assess and manage their business risks. It proposes a common language and terminology for business risks in a consistent manner. The framework comprises 17 Strategic Risks, 16 Financial Risks and 19 Operational Risks. All potential business risks will map to one of these risk categories.Read More
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Strategy & Risk Adviser I Former Chief Risk Officer I Creator & Founder https://t.co/ojgRxRgZD8 I Follow me for strategy, risk, management and economics stories & articles.
Juan Perez and I are excited to be part of the NSW Government’s Spark Festival with the “Growth = Complexity = Risk” live, in person event in the Sydney CBD 12.30pm on October 24. It will be held in the Sydney Startup Hub in York…https://lnkd.in/gDHMHkSX https://lnkd.in/gxeqYtnK
The risk of cyber security and data privacy incidents never really goes away.
I often get asked about how far to go and how much money is enough to protect a company’s digital and physical assets from cyber threats. The flippant…https://lnkd.in/ecwuJX6i https://lnkd.in/ec5wGqBg