Category: Financial Risks
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
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.
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
- Welcome to the 52 Risks® Framework
- 21 Ideas for Using the 52 Risks® Framework to Manage Risks
- Operational Risk Management in a Period of Disruption – Will Normal Programming Resume Shortly?
- Getting To First Base In Operational Risk
- Managing Financial Risk: The Role Of Stress Testing And Downside Scenario Analysis