Mitigating financial risk is an integral part of running a successful enterprise, even if most within an organization don’t fully know what it entails. That’s because risk management is often seen by some within an organization—executives included—as a process that Read More …
Tag: Effective Risk Management
Three Ways To Shore Up Your Risk Management Practices
5 Risk Management Trends to Watch in 2023, as Seen by CROs Across the World
Economies and civilizations are experiencing multiple crises concurrently at this time. The era is marked by the simultaneous emergence and interaction of multiple, complex disruptions with widely varying causes and eventual outcomes. Climate change, the COVID-19 pandemic, record inflation and Read More …
Cloud security top risk to enterprises in 2023, says study
Cloud-related risks are top of the cyber security agenda for senior executives in the UK, according to a PwC study, with 39% expecting such risks to “significantly affect” their organisation in the coming months, more so than other forms of cyber Read More …
What Does It Take To Build A Risk-Resilient Supply Chain?
Companies everywhere are following a new trend that goes by a number of names: onshoring, homeshoring, nearshoring – or my favorite, friendshoring. The idea is to move production closer to home to avoid the risk of disruption increasingly associated with Read More …
Can effective risk management by corporates prevent litigation?
In ancient times, Kautilya introduced the concept of risk management in “Arthashastra” wherein the King is responsible for protecting his people from the risks originating from “Acts of God” and “Acts of Man”. The concept kept evolving over the years Read More …
Effective Risk Management and Insurance Procurement
More than ever, in the wake of the global disruption wrought by the COVID-19 pandemic, geopolitical upheaval, and supply chain disruptions and other inflationary pressures, risk management has proven critical to organizations’ operations and survival. Although some organizations might continue Read More …