Introduction to the 52 Risks® Framework
Posted by PeterDeans | Nov 8, 2021 | 52 Risks Framework, Enterprise Risk Management | 0 |
Spotlight on Business Model Risk
by PeterDeans | Mar 21, 2023 | Strategic Risks | 0 |
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.Read More
The Importance of Identifying and Documenting Business Risks
by PeterDeans | Mar 7, 2023 | Operational Risks | 0 |
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
52 Risks Moleskine Notebooks Now On Sale
by PeterDeans | Mar 4, 2023 | 52 Risks Framework | 0 |
Custom designed 52 Risks® X Moleskine® notebooks are now available in the new 52 Risks® shop.
Each notebook comes with a fold-out guide to the 52 Risks® framework and nine sheets of Strategic, Financial and Operational Risks stickers.
Moleskine® notebooks are high quality, industry leading notebooks – manufactured in Italy.Read More
Risk Management Guide for Start Ups and Tech Companies
by PeterDeans | Feb 26, 2023 | 52 Risks Framework | 0 |
Start-up ventures face unique business challenges. Most start-up ventures today are almost 100% technology firms, with business models built around software and technology-driven operational processes. For start-ups and tech firms, 52 Risks® provides a starting list of high-level risk categories to consider.Read More
23 Ways to Energize Risk Management in 2023
by PeterDeans | Jan 1, 2023 | Operational Risks | 0 |
Getting started in risk management can be daunting for any business, irrespective of size or industry. This post outlines 23 ways for getting started in managing risk better in 2023 using the 52 Risks® framework.Read More
Take Time Out to Assess Your Business Risks
by PeterDeans | Dec 31, 2022 | Operational Risks | 0 |
It is important for business leaders to make time to take stock of the risks in their business and how they manage them. Running a business can often take precedence over taking a broader and more considered view of the risks facing a business. Distractions can take the form of putting out spot fires, negotiating contracts, managing personnel matters, resolving issues with customers or dealing with major initiatives and projects.Read More
How to Use the 52 Risks® Framework
by PeterDeans | Dec 24, 2022 | 52 Risks Framework, Enterprise Risk Management, Strategic Risks | 0 |
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 in the News: Risk Management Guide for Directors
by PeterDeans | Jul 23, 2022 | 52 Risks Framework | 0 |
The 52 Risks® framework has been featured in the Governance Institute of Australia’s Risk Management For Directors: A Guide, released this month. The guide is plain English, no-nonsense guide to risk management for directors.
The guide provides practical advice boards can adopt to manage risk and includes sections on risk governance, the regulatory environment, risk management processes and tools, risk culture and topical non-financial and emerging risks.Read More
22 Ways the 52 Risks® Framework Can Build a Stronger Business in 2022
by PeterDeans | Jan 1, 2022 | 52 Risks Framework | 0 |
There is little doubt that challenges will face all businesses in 2022.
The 52 Risks® framework can be used to assist business owners, executives and risk managers gain a deeper understanding of the risks that any business may face. This will enable growth and stronger, more reliant businesses.
Below are 22 ways in which the 52 Risks® framework can facilitate the discussion and oversight of risk in any business.
Introduction to the 52 Risks® Framework
by PeterDeans | Nov 8, 2021 | 52 Risks Framework, Enterprise Risk Management | 0 |
52 Risks® is a unique, innovative framework designed to assist organizations identify, assess and manage their business risks. 52 Risks® proposes a common language and terminology for business risks in a consistent manner. It is an enterprise risk management 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
Doing a Risk Management Stocktake
by PeterDeans | Nov 3, 2021 | Operational Risks | 0 |
Often the cut and thrust of daily business life gets in the way of sitting back and taking stock of risks in a business. Distractions can take the form of putting out spot fires, negotiating contracts, resolving issues with customers, dealing with projects, or managing personnel matters.
Taking stock of the overall risk profile of an organization, assessing how effective existing risk management strategies are, and considering new or emerging risks often never takes place.
Business leaders should carve out time periodically to take stock of the risks in their business and look at how they manage them.
Managing Risk Can be Easier Than You Think
by PeterDeans | Oct 9, 2021 | Operational Risks | 0 |
Getting started in risk management or uplifting existing capability can be daunting for any business, irrespective of size or industry. This post outlines six steps for improving the management of risk using the 52 Risks® framework.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.
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