Organisational Resilience: Why Some Organisations Survive The Worst

Posted by Riskology on 08/04/20 09:16

Organisations often think that managing crisis is just a matter of being prepared for the worst. While your preparations may cover known potential disruptions, in unprecedented times, it becomes clear that 'emergent' risks, or risks that are newly developing and therefore not understood, may not be accounted for in your plan. When these ambiguous 'emergent' risks surface, the organisations that can adapt and respond continually are more likely to win.

6 Types of Risks To Be Managed With Enterprise Risk Intelligence Software

Posted by Riskology on 20/11/19 09:18

If you're involved in risk management at your organisation, there’s sure to be a great deal of responsibility placed on your shoulders to ensure that not only threats to your organisation are managed, but that your company is positioned to meet its objectives and make informed decisions. Given the breadth of potential risks that might affect your workplace, we have compiled a list of some of the factors you should consider when building and executing your risk management plan.

5 Ways for Organisations to Better Manage Risk  [INFOGRAPHIC]

Posted by Riskology on 02/10/19 09:21

 

3 Benefits of a Governance, Risk and Compliance (GRC) Program

Posted by Riskology on 18/09/19 09:20

On a global scale, most risks are changing rapidly with technology and development. Issues that organisations face today haven't been ones that have been experienced in the past - think AI, blockchain, cybersecurity etc. Keeping in mind the exponential rate of change, managing risks  systematically and proactively to overcome challenges that arise has become imperative to building trust across your organisation. 

3 Steps to Develop KRIs for your Enterprise Risk Management Plan

Posted by Riskology on 11/09/19 09:21

When creating an enterprise risk management plan for your organisation, an integral component to your framework will be Key Risk Indicators (KRIs). Key risk indicators measure the potential risk related to a specific action that could negatively affect your company as well as the likeliness of risks occurring. You can think of them as early warning signals that alert your organisation to financial, operational and reputational issues, to name a few, so you can take early action to avoid or mitigate the possible risks. They are typically quantitative, often in the form of percentages, and when detected, serve as an impetus for deciding how to take action.

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