Commentary
Commentary
Sustainability Risk Management – Essential for Organsitional Longevity
28 June 2010In the current competitive environment, companies are under increasing pressure to excel, and are beginning to realise the need to move away from growth in revenue at any cost, and more towards developing a value driven approach. The management of sustainability risks is being adopted by leading organisations as a methodology for achieving such value.
Operational Risk in a Recession
2 June 2010South Africa entered its first recession in 17 years earlier in 2009 after experiencing two consecutive quarters of economic growth. The ensuing job losses, repossessions and company liquidations placed everyone in survival mode for the foreseeable future.
Project Risk Management – A time and money saver
15 April 2010Southwest Airlines CEO Herb Kelleher: "A financial analyst once asked me if I was afraid of losing control of our organisation. I told him I've never had control and I never wanted it!" In project risk management, the contrary needs to be true.
Specialised Risk Management Disciplines
8 January 2010In the last few years risk management has moved from a silo based approach to a more enterprise wide approach which is integrated throughout an organization, at all levels, and addresses all types of risk. As organizations move towards more mature risk management, specialized risk management disciplines are implemented to manage the more significant risk areas.