Compliance takes centre stage as regulators come down hard on business


Verint vice president, Australia and New Zealand, Michael Stelzer, discusses why we’re seeing increased regulatory pressure on businesses and how automation, machine learning and natural language recognition can help prevent you from becoming the next headline.

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The myths that hold risk managers back from making a difference at the top table


When you place risk management into categories, you stop performing ERM and prevent yourself from helping the board make risk-intelligent decisions. Here’s Sarah Gordon’s (chief executive of Satarla) take on #ChangingRisk and influencing decision-making


Don’t judge me: I am analogue


In the age of digital, our editor, Lauren Gow, ponders whether we have been too hasty to dismiss the old ways of doing things in favour of the shiny new ways.

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Instinct is your most important weapon


As Sydney begins to recover from the latest terror occurrence, our editor Lauren Gow reflects on why preparation is important but the ability to act on instinct is even more so.


Risk culture or culture risk?


In this article, Business Olympian Group, director, Gavin Freeman, will try to unpack the meaning of “risk culture” and assess whether the role of risk teams is to measure risk culture or culture risk.


Chernobyl: Your guide to Risk Culture 101


Chernobyl is an enduring lesson for risk managers on the damning effect a poor risk culture. It would be easy to say ’that would never happen again,’ but in the grubby aftermath of the Hayne report, can we honestly say we have learned our lesson, asks our editor, Lauren Gow?


Why gender balance is important in risk management


What can we do to address gender equality in risk management? Maybe it’s a shift into a different approach that will enable more female leaders and improve the service, irrespective of gender, argues risk practitioner, Patrick Aubrey.

Lauren opinion

In the delegation blame game, no one wins


Our editor, Lauren Gow, has an issue with other people. Not surprising, but when it comes to the delegation of risky tasks, who can blame her when things can go horribly wrong?

Lauren opinion

How do you risk manage chaos?


On a recent trip, our editor, Lauren Gow, very nearly missed her flight through no fault of her own. So, how do you risk manage for The Butterfly Effect?

Lauren opinion

D&O sharks claim first victims. Are you next?


Make no mistake: the victim list from the D&O war will be long and distinguished. But how much more blood will be allowed to flow out of corporate Australia before something is done, our editor Lauren Gow questions.


Crisis management 101


If we asked each company how their crisis plans are structured and managed, we will likely see inconsistencies, out-of-date procedures; ill-prepared stakeholders, says Gabriel Souza, risk management specialist. Here’s his advice


Act now before it is too late


Exactly a month after the devastating terrorist attack in Sri Lanka, Suchitra Narayanan, reflects on why it is so important for risk managers to have care, conviction and courage.


Stop thinking like risk managers and start thinking like the C-suite


As part of #ChangingRisk, I’d like more risk managers to report to the CEO, with access to the board, says Gaëtan Lefevre, group risk and insurance manager at Cockerill Maintenance & Ingénierie.

Lauren opinion

From the ashes, a phoenix will rise


Resilience is paramount when it comes to disasters, yet the best lessons are often those hardest learnt writes our editor Lauren Gow.

Lauren opinion

Why I will never be a risk manager


The StrategicRISK team is on the road this week as we host our 6th annual Hong Kong Risk Forum at the Island Shangri-La, an undeniably beautiful venue. We have hosted the forum here a few times and my name is now well known to staff – as I would learn ...

Lauren opinion

Combat fear with leadership


Our editor Lauren Gow reflects on the Christchurch massacre, urging risk managers to take lessons from Prime Minister Jacinda Arden on how to handle fear in the face of adversity.

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The abuse of 'risk'


Risk can be a good thing – business survive and thrive on good risk management. But the problem is, because we have all been misusing the word ‘risk’, its true meaning is now lost, writes Tony Thornton, ERM and business continuity expert

Lauren Gow Opinion

Underestimate perception at your peril


Let’s face it: Boeing have not had a good week but it is much worse for the airlines who have done nothing wrong, argues our editor Lauren Gow.


Decision-focused risk management – in four steps


Decision-focused risk management may seem very different to traditional risk management, but making the change is not as challenging as it may appear, writes Hans Læssøe principal consultant at AKTUS and former risk manager of The LEGO Group

Lauren Gow Opinion

Gender: Why not both?


As the world marks International Women’s Day (IWD), a celebration of the contribution women make, our editor Lauren Gow believes it is a perfect time to reflect on how balancing gender in risk management could be beneficial for all.


'Apathetic' risk management is putting your business at risk


In the new age of advanced risk, complacent organisations are allowing themselves to become vulnerable to the disruptive forces of the Fourth Industrial Revolution, says risk thought leader Warren Black.


How to become asset light


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


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


The trying tripartite relationship


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


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


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


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


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?


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


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


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?


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


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

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How to leverage ISO 31000:2018


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?


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


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


There is a better way of managing risk


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

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Bribery and corruption risk: Is Australia doing enough?


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?


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


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

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


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


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


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


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


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


12 tips for successful implementation of SRM


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


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


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


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


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


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


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 ...


True risk maturity starts with a growth mindset


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


Unlocking opportunity as a risk professional


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


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’


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


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

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The CRO is dead. Long live the CSIO!


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

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Opinion: Why I am a devout believer in risk qualifications


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


Opinion: Embracing the age of automation


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


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.”


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.

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Opinion: Terrorism - assessing an unpredictable and emotive threat


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


Opinion: Go digital or go broke


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?


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


Opinion: Putting the fun back into risk


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

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Opinion: Individual and corporate risks are not the same


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.

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Are risk qualifications relevant?


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

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North Korea: Business in the time of missiles


Under-prepared, over sensitive or business as usual?