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Risk Assessment

Apr 30, 2019

ERM and Sustainability

Over the last decade, corporations have begun paying increased attention to issues involving sustainability and risk oversight, and linking these efforts to an organization's strategy. Research and thought papers now are addressing the growing challenges related to water scarcity, resource availability, climate disruption, waste reduction, and corporate responsibility. Many organizations have embraced the new sustainability movement, but have discovered a wide-range of challenges before them. These initiatives sometimes appear as disjointed, or misunderstood, which lead to a number of problems when getting started.

Feb 14, 2019

Pinpointing Opportunities to Strengthen Your Organization’s ERM Processes

Learn how to evaluate and enhance your organization’s ERM process with self-assessments, lessons learned, expert feedback, and tools to ensure continuous improvement and strategic value.

Feb 5, 2019

Recognizing the Risk Impact of an Aging Workforce

According to the Bureau of Labor Statistics in their most recent ten-year labor force and employment projections, the number of individuals aged 55 and above in the labor force will grow from 35.7 million in 2016 to 42.1 million in 2026. Organizations will experience this impact in different ways based on their size, growth, industry and historical hiring and layoffs.

Jan 31, 2019

Articulating Risk Appetite

Colleen Larson discusses Emergent BioSolutions' tactical approach to defining risk appetite, offering practical guidance for aligning business decisions with risk tolerances across core areas of the company.

Jan 29, 2019

Joint Venture Blind Spots and Strategies to Avoid Them

Joint ventures are developed through a five stage process requiring complex decisions to be made by varying teams. Joint venture success depends heavily on cross-process discipline throughout business planning and implementation while simultaneously be aware of and counteracting common blind spots. These blind spots are pressures that can undermine joint venture success. They include rushing to completion, a lack of leadership continuity, declining parent involvement, and insufficient planning to respond to changes in risk. This article discusses the causes of these blind spots and strategies to avoid them.

Jan 29, 2019

The Three Types of War Gaming

War gaming is a tool that is not utilized often enough by organizations. War gaming provides an organization with realistic situations and outcomes based on a certain set of information. There are three types of decisions that war gaming can have strong influences on which are product level decisions, portfolio level decisions, and market entry decisions. Each type of war gaming provides an assessment of how competitors will react to certain offerings and how they will innovate their own products. This will give an organization insight to make the necessary changes to their services or products to be successful in the market.

Jan 29, 2019

Risk Management with Third-Party Suppliers

Discover how financial institutions manage third-party risks under increasing regulatory scrutiny. Learn about McKinsey’s six-element approach for risk segmentation, due diligence, governance, and effective management reporting to mitigate operational and reputational risks.

Jan 29, 2019

Strategic Risk Transformation for Organizations

Strategic risks are important now more than ever in the economic environment we live in. Regulatory risks arise each year, along with new emerging risks from technology and innovation. That is why it is so critical for organizations to consider their strategy and how it effects their risks. This article summarizes a structured process set out by Deloitte on how to identify risks, and then implement a plan to transform your company to be protected from catastrophic events and to minimize the damage caused by these events.

Angela Hoon

Jan 17, 2019

Analyzing Root Causes of Risks

Angela Hoon, Executive Director of Strategic Risk Management at General Motors talks about how her organization analyzes root causes of top risks in order to identify common triggers and points of interconnection.

Jan 4, 2019

Recognizing the Shamrock Organization and Emerging Risks It May Create

Workforce dynamics are evolving with generational shifts, AI, and the gig economy. Beth Ritter discusses how these trends create emerging risks that executives and boards must address in strategic planning.