Category: Strategic Risks
Risk Management Article: Winning Hand
The recent events surrounding Australia’s Crown Resorts casino operator highlight the perils of not having embedded and effective risk governance and oversight. The “Winning Hand” article for the Australian Institute of Company Directors magazine highlights how boards and executive teams can avoid a ‘lite’ approach to risk governance and risk management.
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Top 12 Geopolitical Risk Resources
There are many sources of detailed country risk analysis, assessments and ratings on the internet to assist business leaders stay abreast of geopolitical issues and risks. This post lists twelve of the best sites to visit.
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Climate Change Risk – The Strategic Imperative
The time is upon businesses to make concrete plans to address the impact of climate change. Assessing climate change risk should now be considered an important part of building organizational resilience. Below are six practical steps businesses can take to begin to plan for the impact of climate change.
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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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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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How to Use the 52 Risks® Framework
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.
Welcome to the 52 Risks® Framework
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.
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Challenging times ahead for the residential property market.
Diversification is a key strategy employed by many companies to grow revenue.
Successful diversification has many benefits – access to new revenue streams, access to faster growing segments, and access to more resilient revenue s…https://lnkd.in/dtf-Fe-Y https://lnkd.in/d5YqPbPZ
A neat infographic from the Visual Capitalist last week - inflation and interest rates on a page.
It highlights the challenges CFOs, Finance Managers and all business leaders now face in forecasting future inflation and interest r…https://lnkd.in/dDfYaWQR https://lnkd.in/dSkUjgx3