Category: Operational Risks
Business owners, boards and managers should ensure that they have a detailed understanding all the risks their business faces. This should include all strategic, financial, and operational risks. This understanding should be underpinned by a rigorous and documented risk identification, assessment, and management regime.Read More
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
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 organisationsRead More
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.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
COVID Update: With requirements rolling across the country, I called a company that implemented vaccine requirements last month.
Here is the experience & lessons for the rest of us. 1/
If you only read one article this weekend this is the one. Cyber security risks abound in every household and doing the basics will hold you in good stead.
Cybersecurity is an operational risk in the 52 Risks framework ww…https://lnkd.in/gWkhAiht https://lnkd.in/gmck8Dpm
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