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Next-generation business resilience management

A revolution in risk and continuity management powered by next-practice data analytics

Responses from large companies to the COVID-19 crisis have brought into sharp focus serious shortcomings in current risk and business continuity management approaches, such as lack of suitable data and intelligence, inadequate appreciation of risk velocity, and not enough agility to adapt to...
Risk

Facing major risks: Getting it right

Rethinking risk management to enhance organizations’ resilience

Many governments, organizations and companies were not adequately prepared to respond to a risk of the scale of COVID-19. Over the last decades various epidemics have occurred, and some leaders and organizations had warned about the possibility of a pandemic crisis causing dramatic global...
Risk

Do companies get the most out of Hazard & Operability (

How to break through constraints in hazard identification

HazOp analysis is undoubtedly one of the most effective hazard identification techniques in the manufacturing industry. In fact, it is rigorous, reliable and repeatable. However, complex organizations often struggle to integrate safety and operations synergically in this kind of study: dependence...
Risk

Cyber-threat: Is your business prepared?

Developing a holistic, integrated approach to managing cyber-risk

Despite the emphasis on and investment in cyber-security, traditional approaches, which tend to focus on either technology or risk, are failing to protect businesses and their customers. We explore the benefits of adopting a new, unified approach that brings together technology and risk management...
Risk

From risk to resilience: Digital defense

Building effective cyber-resilience through an organization-wide approach

There is no doubt that while the world is enjoying the benefits of the fourth industrial revolution, the risks to businesses from cyber-threats are increasing in both sophistication and frequency. What can business leaders do to strengthen their resilience to cyber-threats? Leaders must firstly...
Risk

Food contamination: Understanding and preventing risks

A structured approach to fostering food safety and defense

Globalization and increasing legislative complexity have brought high levels of market pressure to food companies, hampering production and supply chain management. Companies are urged to develop risk-based management frameworks to prevent notable losses and protect their reputations and licenses...
Consumer goods & retail, Risk

The sixth sense of risk

Building foresight to navigate the emerging risk landscape

Today’s executives face an increasingly uncertain risk landscape. The business environment exposes organizations to greater vulnerabilities, more complex dependencies and less predictable competition than ever before. At the same time there is intensifying pressure and expectation on the CEO’s...
Risk

Transforming business resilience

Implementing key risk indicators

The risk landscape of the modern business environment is constantly evolving, and companies need to maintain continuous oversight to deal with key risks that could threaten their businesses. Over the past decade, a number of highprofile corporate crises, many directly attributed to failures in risk...
Risk

Risk as a value generator

Optimizing risk-based decision-making using a “Total Cost of Risk” approach

Boards and investors of leading corporations are now taking more active and questioning positions on risk management. Striking a balance between the potential opportunities unlocked by appropriate risk-taking and potential losses requires expertise and a clear risk management strategy that is...
Risk

Loss prevention framework for insurance companies

An innovative approach to measuring and controlling risk

Innovative, homogenous and structured risk valuation approaches have played a unique role in reducing risk exposure and uncertainty surrounding insurance companies. However, market resilience, lack of information and specialty business require a tune-up in subjective and swung risk valuations. A...
Financial services, Strategy, Organization & transformation, Risk