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Climate Change is a Big Future Threat – But What Are Risk Managers Doing About It Now?

DRI Drive

A new survey of European risk managers has identified the biggest threats facing their businesses, amplified by both the pandemic and the crisis in Ukraine. But the actions being taken to mitigate some of them vary widely. The post Climate Change is a Big Future Threat – But What Are Risk Managers Doing About It Now?

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Business, Interrupted: Post-Pandemic Thinking Like a Risk Manager

Castellan

That’s what we discussed in an episode of Castellan’s new podcast, Business, Interrupted , with Melanie Lucht, Associate Vice President and Chief Risk Officer at Carnegie Mellon University. At Carnegie Mellon, Lucht got a unique opportunity to lead its new enterprise risk management department with an emphasis on organizational resilience.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98
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Four steps to build a more transparent and resilient supply chain through risk management

IBM Business Resiliency

Teams with mature supply chain risk management strategies adapted to disruption and continued to delight customers. Here are four ways to build a cohesive risk management strategy that you can use to proactively prevent and mitigate risks across the supply chain. No supply chain is without risk.

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Reviewing the Five Types of Risk 

MHA Consulting

The recent announcement of the official end of the COVID-19 pandemic makes this a good time to review the five types of risk. During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk.

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What Is Risk Management?

LogisManager

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

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Making Ongoing Risk Management an Operational Standard 

LAN Infotech

Making Ongoing Risk Management an Operational Standard. 1 With cyberattacks surging, due to widespread remote work and increased online interactions during the pandemic, it seems likely that this trend will only continue to grow. It also requires making ongoing risk management an operational standard for your business.