In the ever-evolving landscape of business, risk is not a static concept; it’s dynamic, multifaceted, and omnipresent. To thrive in this environment, organizations must adopt a proactive approach to managing risks. This is where Enterprise Risk Management (ERM) comes into play. ERM isn’t just about mitigating risks; it’s about strategically identifying, assessing, and leveraging risks […]
In my previous article, I discussed the Case for Enterprise Risk Management (ERM) to an organisation. But how does it in turn add value to stakeholders, including employees, customers, suppliers, shareholders, regulators etc.? In essence, it makes it easier to do their jobs, provides protection, creates opportunity, promotes good governance and creates transparency. Here are […]
As the saying goes, the only constant is change. Which is particularly true of current times – from disruptive technological advancements (e.g. AI, Blockchain, ESG initiatives) to ever-evolving legal or regulatory changes (e.g. privacy, tax, capital) and unforeseen global crises or looming recessions. Organisations face a variety of risks that can threaten their viability and […]
