Operational Risk

Oct 1, 2011

Audit Committees Call for Better Risk Management

KPMG's survey of audit committee members highlights concerns around IT risks, operational risks, and crisis planning, emphasizing the need for better information and input from CROs and CIOs.

Sep 1, 2011

Better Management of Complexity in Business

Learn to distinguish complex from complicated systems and uncover practical approaches to forecasting, mitigating risks, and improving decision-making in today’s interconnected business landscape.

Sep 1, 2011

Corporate Crisis: What are the Similarities and What Can We Learn?

Discover insights from Case Business School's analysis of corporate crises, highlighting risk categories, the dangers of groupthink, and strategies for evolving ERM to tackle inherent industry risks.

Jul 1, 2011

Competitive Advantage in a Risk Environment: Four Capabilities to Gain Adaptability

Discover how adaptive strategies help organizations navigate risk and volatility by fostering rapid learning, decentralized decision-making, and strategic experimentation to address emerging challenges.

Jul 1, 2011

Managing Human Capital Risk

Though companies recognize the high impact of Human Capital Risk (HCR), many still have immature HCR management processes, if any. The Conference Board researched companies based in North America, Europe, and Asia-Pacific to evaluate current HCR management practices. Companies with Strategic Workforce Planning (SWP) indicated better HCR maturity. The research in this article also highlights a need for HR and ERM executives to engage each other more to better understand risks associated with their human capital management.

Apr 29, 2011

Design to Embrace Failures

Harnessing intelligent failure helps organizations learn, adapt, and innovate. Discover seven principles for embracing failure, minimizing risk, and fostering a culture of learning to enhance organizational resilience and strategy.

Apr 1, 2011

Keeping Track of “Near Misses”

Learn how to turn near misses into opportunities to prevent future risks. Explore seven strategies, from root cause analysis to rewarding accountability, for effective risk management.

Apr 1, 2011

Why Learning from Success Can be Challenging

Learn why understanding success is as important as learning from failure. Explore five key strategies to overcome biases and generate continued success by examining past achievements with the same scrutiny as failures.

Feb 1, 2011

A Survey of Global Risk Management in a Changing Environment

Explore key industry trends in risk management as financial institutions adapt to a dynamic environment post-global financial crisis. This report, based on a Deloitte survey, discusses enhancements in risk governance, increased ERM adoption, and the evolving regulatory landscape. Key topics include Basel II impacts and the management of liquidity risk.

Jan 3, 2011

Increasing Complexity Creates Challenges for Risk Management

Managing complexity is quickly becoming one of the greatest challenges for large organizations today. A white paper published by KPMG presents findings related to a study of the causes and impact of complexity affecting large companies. The pace of change and global interconnections in business have resulted in increasing complexity, creating significant risk management challenges for companies. Increased risks to manage emerged as one of the greatest challenges created by complexity, according to the study.