Improve your Organisation’s Decision Making and Response Mechanism through an Integrated Risk & Resilience Approach
During last twelve to twenty four months we have all experienced extraordinary uncertainty primarily due to natural calamity, COVID-19 pandemic, unstable global economy, political differences leading to war scenario and others. We have even witnessed that large well run fortune 500 companies have failed the test during this period despite having a good risk and […]
Key Highlights of APRA`s Discussion Paper on Strengthening Operational Risk Management
Events of recent years like COVID-19, cyber-attacks, flood and storms etc. has reinforced the importance of managing and responding to operational risks. To ensure that regulated entities are well placed to manage operational risk and respond to business disruptions when they inevitably occur, APRA (Australian Prudential Regulation Authority) is consulting on a new prudential standard […]
An Integrated Risk and Resilience Framework – A Better Approach to Manage Uncertainty
Businesses across the globe have, in the last couple of years, seen exceptional uncertainty due to political tensions, economic turmoil, COVID-19 pandemic and others. Markets today have put additional pressure on risk officers to safeguard the firm due to extreme conditions like changing consumer preferences, technology advancements, regulatory changes, competitive pressures, globalization etc. This dynamic […]
The Seven Steps to Implementing an Effective Risk Management Process
Risk Management Process is a methodology by which risks are formally identified, measured and treated to ensure that risk is avoided, transferred or mitigated. As part of the process number of actions and mitigations are carried out to reduce the likelihood of occurrence and the impact severity of the risk. The Risk Management Process includes […]
Operational Risk Management
Operational Risk Management Risk and Opportunities Optimized Request a Demo Businesses are forced to be agile and make changes at a rapid pace and new risks continuously emerge. Organizations have to work in a more interconnected manner and there is a need for risk management programs to be collaborative The success of any Risk Management […]
