Integration with Digital Transformation As enterprises continue to evolve digitally, risk management is increasingly being integrated with digital transformation efforts. The adoption of technology-driven governance, risk, and compliance (GRC) solutions is becoming central to ERM strategies. This helps organizations to Read More …
Category: Enterprise Risk Management
Latest Trends in Enterprise Risk Management (ERM) for 2024
6 Steps for CFOs to Minimize Organizational Risk
In the past year alone, the world of business has been impacted by geopolitical tensions, supply chain disruption, inflation, changing fiscal policies and regulations, and intensifying natural disasters. A lingering pandemic has also stress-tested the risk management processes of global Read More …
ESG & Sustainability: The next frontier in finance
Rajesh Narain Gupta, MAR 26 2023, 22:24 ISTUPDATED: MAR 27 2023, 05:40 IST Representative image. Credit: Getty Photo India is one of the fastest growing economies and green finance is chasing our country from global development financial institutions (DFIs) as Read More …
Top 5 Enterprise Risk Management Trends 2023
Enterprise risk management transforms the way enterprises manage risks. With increased digitalization, the urgency to invest in risk management tools is seen across industry segments. This article highlights the top five emerging trends in enterprise risk management that will significantly Read More …
How AI Is Disrupting And Reshaping The Future Of Banking
The banking industry has always been at the forefront of adopting new technology. Driven by the need to stay competitive and meet evolving demands, banks have transformed with cutting-edge technologies — especially artificial intelligence (AI) — that enhance customer experience, Read More …
Make disaster risk management professional: PM’s principal secretary P K Mishra
Prime Minister’s principal secretary P K Mishra said on Saturday that programmes like the national platform for disaster risk reduction (NPDRR) are turning into a Jan Andolan (a people’s movement), at the same time emphasising that disaster risk management needs to be professionalised at the state Read More …
What can risk managers do better in 2023?
In the post-pandemic world, risk managers must reevaluate what constitutes an ‘acceptable’ risk With COVID behind us, 2023 exhibits a landscape different to the past three years when most enterprises simply strived to survive. Taking a forward-looking approach, risk managers Read More …
The biggest challenges in risk management for 2023
To thrive in an ever-changing and complex risk environment, leaders look for the most effective way to mitigate an array of potential dangers that can obstruct strategic initiatives and operations. Aiming to minimize firm-wide risk and striking a balance between Read More …
A risk management playbook for improving organizational resilience
What do these high-profile incidents have in common? They were unexpected, catastrophic events where system responses consistently lagged behind the incident despite numerous opportunities for intervention. In fact, some of the underlying problems had existed and were known about for Read More …
How MSMEs can undertake risk management in business
Ease of doing business for MSMEs: 10,655—that’s the number of Micro, Small, and Medium Enterprises (MSMEs) that have shut down in the last 10 months (April to February 2023) alone. This is also the highest number of MSME closures in the Read More …