Opinion

Suchitraopinion

How to become asset light

2018-12-10T23:09:00+00:00

Suchitra Narayanan, group head of risk and insurance, AirAsia Berhad, explains why the low-cost airline made the shift from being asset heavy to asset light and how the company’s risk profile has changed as a result

Hans Laessoe

How risks to intangible assets could harm your business

2018-12-02T20:52:00+00:00

The rise of the intangible economy could amplify your risks causing long-term loss in revenues and profits, so what can you do about it? Hans Laessoe, principal consultant at AKTUS and former senior director of risk at the LEGO Group, has this advice

iStock-498831609

The trying tripartite relationship

2018-11-30T02:19:00+00:00

In this latest opinion piece, StrategicRISK editor Lauren Gow examines the changing relationship status between corporate risk managers, brokers and insurers.

Lauren Gow Opinion

To educate or not to educate: That is the question

2018-11-02T00:37:00+00:00

This opinion piece from StrategicRISK editor, Lauren Gow, examines whether formalising the profession is worth all the effort.

Norman Marks

A basic principle most people don’t understand about risk

2018-10-31T05:40:00+00:00

In this new opinion piece renowned author, blogger and retired chief audit executive, Norman Marks explains why you may have been making a fundamental error in risk management

Hans Laessoe

Don’t waste time managing risks

2018-10-12T03:00:00+01:00

Stop, collaborate and listen, Hans Læssøe is back with a brand new lesson. In his latest opinion piece, the principal consultant at AKTUS and former risk manager of The LEGO Group explains why things will never be the same again for risk managers.

Michael Doyle

Why strategic risks are not operational risks viewed strategically

2018-09-13T04:34:00+01:00

Chief risk officer, Michael Doyle tells StrategicRISK why businesses need to be very clear on where strategic risk ends and operational risk begins.

Horst Simon

Time to kill 3LoD?

2018-09-07T00:24:00+01:00

The Risk Culture Builder’s Horst Simon tells StrategicRISK why it might be time to #Kill3LoD in order to get to the next level of risk management.

Lyndon Broad

Managing enterprise risk when exploring Asian opportunities

2018-07-26T00:51:00+01:00

When a business fails to adequately protect itself against events that may stop or compromise its operations, they could be putting themselves at risk of major disruption says FM Global’s operations manager, Lyndon Broad.

Hans Laessoe

The rise of Execution Risk Management and Decision Risk Management

2018-07-11T01:11:00+01:00

Hans Læssøe, principal consultant at AKTUS and former risk manager of Lego tells StrategicRISK how the effect of an ever-increasing speed of change adds and alters the demands for risk management – both in terms of what to do, and how to do it.

Norman Marks

Why do we need risk management?

2018-06-20T21:20:00+01:00

Renowned author, blogger and retired chief audit executive, Norman Marks, questions why we need risk management and what role ERM plays.

Gareth byatt opinion

Infrastructure in Asia – forging ahead, breaking new ground

2018-06-06T07:26:00+01:00

In this exclusive piece, Risk Insight Consulting principal consultant, Gareth Byatt, looks at infrastructure work being planned and undertaken across the Asia-Pacific region and considers how risk management plays an important part in achieving good infrastructure project outcomes

Gareth byatt opinion

How to leverage ISO 31000:2018

2018-05-30T06:33:00+01:00

ISO 31000: 2018 was published in February 2018, nine years after the last version. Much has been written and discussed about it. Gareth Byatt, principal consultant at Risk Insight Consulting and APAC Ambassador for the IRM, gives us his perspective on how to benefit from the new release.

Norman Marks

Should we “tear up the risk appetite” statement?

2018-05-28T21:15:00+01:00

In reply to editor Lauren Gow’s recent opinion piece, author, blogger and retired chief audit executive, Norman Marks, responds in a equally thought-provoking piece

Hans Laessoe

Why ISO31000 beats COSO

2018-04-25T14:43:00+01:00

Hans Læssøe, principal consultant at AKTUS and former risk manager of Lego tells StrategicRISK why ISO 31,000/2018 (ISO) is well ahead of the updated COSO standard, despite the almost quantum leap the 2017 update has been given since the 2004 edition

Opinionalexei

There is a better way of managing risk

2018-04-10T02:53:00+01:00

As we begin the countdown to our Risk Forum in Hong Kong on April 19, StrategicRISK spoke to ever-controversial risk commentator, Alex Sidorenko, to give us a little preview of what is to come next week

Natalie faulkner

Bribery and corruption risk: Is Australia doing enough?

2018-03-27T23:52:00+01:00

Transparency International’s ‘Corruption Perceptions Index’ (CPI) for 2017 has been released and the results are not surprising. KPMG’s director of Audit, Asssurance and Risk, Natalie Faulkner tells StrategicRISK Australian firms are continuing to operate on the wrong sit of this law

Cameron strain

Could Bitcoin wallets replace briefcases full of cash?

2018-03-19T05:10:00+00:00

Almost 200,000 transactions are made on the bitcoin blockchain each day but what is the risk for businesses? Control Risks senior consultant, Cameron Strain, lets us inside the criminal minds using the innovation for dark deeds

Kimberley pelly

I do not believe in gender balance for the sake of it

2018-03-08T10:08:00+00:00

As International Women’s Day draws to a close, Kimberley Pelly, risk and compliance adviser, Queensland Airports shares her reasons why she thinks it is more important to select the right person, rather than the right gender, for a risk management role

Opinion kelvin wu

Why all risk managers need to take a second look at the CyberSecurity Bill

2018-03-05T03:37:00+00:00

The Singapore CyberSecurity Bill is merely icing on the cake of already-robust legislation, and expectations, from the Singaporean Government. But is there more to it than meets the eye? StrategicRISK spoke to PARIMA board member and International SOS risk manager, Kelvin Wu about why all risk managers - designated or ...

Gareth byatt opinion

Part three: The speed of change - stop whining and leverage it

2018-02-28T23:39:00+00:00

In the final part of our exclusive three-part series, former LEGO risk manager and current principal consultant at AKTUS, Hans Læssøe, and principal consultant at Risk Insight Consulting, Gareth Byatt, tell risk managers why maneuverability for businesses of all sizes has become the key to competitive advantage

Mark pulvirenti

What the anti-bribery law means for your business

2018-02-28T06:38:00+00:00

Control Risks partner Mark Pulvirenti tells StrategicRISK what risk managers need to do to make sure their firm stays on the right side of new anti-bribery legislation

Samobrien

Confess or be fined: How new data breach laws affect your business

2018-02-12T01:02:00+00:00

As the 22 February deadline looms for the new Notifiable Data Breaches (NDB) amendment comes into force, RSA’s director of governance, risk and compliance, Sam O’Brien, tells StrategicRISK why risk managers worldwide need to take notice of this game-changing regulation

Eamonn

12 tips for successful implementation of SRM

2018-02-05T23:45:00+00:00

In a followup exclusive with StrategicRISK, former chief risk officer for Scentre and Westfield, Eamonn Cunningham shares his tips on implementing a new Strategic Risk Management system

Opiniontemplate3

Part two: The speed of change - stop whining and leverage it

2018-02-04T23:21:00+00:00

In the second part of our exclusive three-part series, former LEGO risk manager and current principal consultant at AKTUS, Hans Læssøe, and principal consultant at Risk Insight Consulting, Gareth Byatt, tell us why disruption is old news

Opiniongarethandhans

Part one: The speed of change - stop whining and leverage it

2018-01-31T03:00:00+00:00

In the first of our exclusive three-part series, former LEGO risk manager and current principal consultant at AKTUS, Hans Læssøe, and principal consultant at Risk Insight Consulting, Gareth Byatt, tell us why your perspective about change determines how you respond to it

Opinionalexei

Opinion: New ISO 31000 is coming. Are you ready?

2018-01-22T11:15:00+00:00

After more than five years in the making, thousands of comments received from representatives of 54 participating and observing countries the updated ISO 31000 standard is going through the final stages of feedback and will likely be published in early 2018. Alexei Sidorenko summarises the key changes and how they ...

Opinionryantan

True risk maturity starts with a growth mindset

2017-12-05T23:46:00+00:00

An increasingly complex future requires a different perspective to risk management, writes vice president of mergers and acquisitions and corporate strategic planning at StarHub, Ryan Tan

Corydavieopinion

Unlocking opportunity as a risk professional

2017-11-10T02:45:00+00:00

Risk teams face a challenging reality: how not to be seen as the traffic cops of business, always killing great deals with endless concerns about sanctions, corruption or security, but, at the same time, not just being a rubber stamp, signing off any opportunity that isn’t obviously in violation ...

Gareth byatt opinion

Smart risk management the key to digital damage limitation

2017-10-31T02:34:00+00:00

In the final instalment of his three-part series on how digitisation is changing how we manage risk, Gareth Byatt, principal consultant at Risk Insight Consulting, examines how to deal with cyber risk as organisations adopt new technology.

Patrick smith opinion

Risk managers must become ‘sophisticated communicators’

2017-10-09T23:08:00+01:00

A truly effective risk manager makes it their business to understand what keeps their company’s board up at night, argues global business resilience leader for Deliveroo, managing partner of Overark and director of Acumen Advisory, Patrick Smith.

Alex sidorenko

Why risk management is not about managing risks

2017-09-28T10:28:00+01:00

Alex Sidorenko, CEO of Risk Academy, underscores the importance of risk as a management tool to achieve objectives.

I stock 664599098

The CRO is dead. Long live the CSIO!

2017-09-22T09:32:00+01:00

Companies with truly embedded risk management processes should create a new chief strategic information officer role, director of Acumen Advisory Patrick Smith tells StrategicRISK Forum audiences

Franck baron

Opinion: Why I am a devout believer in risk qualifications

2017-09-19T07:26:00+01:00

Franck Baron, group general manager for risk management and insurance at International SOS and chairman for PARIMA, on why risk managers need risk qualifications

Garethbyatt

Opinion: Embracing the age of automation

2017-09-13T10:00:00+01:00

How can risk practitioners help organisations to leverage the opportunities presented by artificial intelligence and the automation age.

Susie jones opinion

Opinion: Risk management in the agile world

2017-09-13T09:58:00+01:00

It’s time for risk management to stop impeding and start adding value argues Susie Jones, Australia Post’s head of cyber security business

Franck baron

“Risk management is not a profession… yet.”

2017-09-04T23:22:00+01:00

We are still a long way from having a uniform understanding and appreciation of risk management, argues group general manager for risk management and insurance at International SOS and chairman of PARIMA, Franck Baron.

cory davie

Opinion: Terrorism - assessing an unpredictable and emotive threat

2017-08-31T03:36:00+01:00

Cory Davie, partner, Control Risks argues while the threat of terrorism is an incredibly small risk for most businesses, risk managers must still have a realistic, but practical, plan to assuage fears and keep the business on the front foot

garethbyatt

Opinion: Go digital or go broke

2017-08-28T02:00:00+01:00

You should be leveraging the digitisation of your business to improve your management of risk. In the first of a three-part series, principal consultant at Risk Insight Consulting, Gareth Byatt, explains why…

 Eamonn Cunningham opinion

Opinion: Why are some risk managers being ignored by their board?

2017-08-23T00:43:00+01:00

Eamonn Cunningham, former chief risk officer at Scentre Group and Westfield, suggests that risk managers themselves are often to blame for a board’s indifference to them

hans

Opinion: Putting the fun back into risk

2017-08-16T02:10:00+01:00

Hans Læssøe, former senior director of strategic risk management at the LEGO Group and founder of AKTUS on why tomorrow’s breed of risk manager will require quick wits, plenty of business acumen and the ability to inject a bit of fun

alex sidorenko

Opinion: Individual and corporate risks are not the same

2017-08-10T10:06:00+01:00

In the first of a four-part series, Alex Sidorenko, founder and CEO of Risk-Academy, explains how the key to managing corporate risks is often through dealing with the individual risks of decision-makers first.

ec headshot

Are risk qualifications relevant?

2017-08-02T23:57:00+01:00

Eamonn Cunningham, former chief risk officer at Scentre Group and Westfield, debates the virtues of risk specialists versus management professionals moving into the field

cory davie

North Korea: Business in the time of missiles

2017-08-01T05:22:00+01:00

Under-prepared, over sensitive or business as usual?