Global research firm Forrester has analysed and scored a number of Governance, Risk, And Compliance (“GRC”) Platforms and selected 14 significant providers – a few more than a handful. For the assessment of the final provider list, Forrester used a set of 23 criteria points. The resulting report shows how each provider measures up and will help […]
Regulation
Executive Perspectives on Top Risks for 2018
In the end of 2016 we reported Protiviti’s findings and views on the 10 top risks for 2017, based on Protiviti’s fifth annual risk survey of directors and executives, in partnership with North Carolina State University’s ERM Initiative. Similarly, Protiviti has published their Executive Perspectives on Top Risks for 2018. Highlights resulting from this year’s results Organizations […]
INFOGRAPHIC: 11 Key Questions About EU GDPR
If you are reading this article, independently of the industry you work on, by now you’ve probably heard of the General Data Protection Regulation, commonly referred to as GDPR. This regulation is currently being considered the most important change in data privacy regulation in 20 years. After four years of preparation and debate, the GDPR was approved […]
The Global Risks Report 2018
Similarly as last year, we are publishing the most recent Global Risks Report 2018, 13th Edition, by the World Economic Forum. At a glance, the Global Risks Landscape will give us a clear overview of the Risks considered for 2018, from an impact and likelihood perspective, with the risks being laid out in a matrix […]
What Competencies should Risk Managers in Non-Financial Companies really have?
Risk management competencies can significantly improve decision making in any profession. The bad news is that these competencies do not come to us naturally. They have to be developed. Risk managers who actively develop them have a significant competitive advantage to other risk professionals. I have tried to summarize some of the key competencies risk […]
2017 Global Risk Study – Banking
By the mid-2020s, banking should look very different. By then, the disruptive forces in this decade of change should have consigned time-worn business models to obsolescence. To survive—and thrive—banks should take swift action. While the risk function is focused on managing new competitors and new risks, it is also expected to drive efficiency and make […]
The Hidden Cost Of Reputation Risk
Reputation risk has become a key concern for the businesses in the wake of the Great Recession and with the rise of social media. A damaging headline, lawsuit or unfortunate customer experience can severely impact financial performance and brand value. However, the vast majority of firms do not have a well-thought-out strategic approach to manage […]
8 Risk Management Blogs You Must Follow
We are avid consumers of every piece of content related to Risk Management. In fact, this was one of the key drivers when we decided to launch our Risk Management Guru blog. The whole idea is to use this platform to share and distribute any relevant Risk Management content or publication that we feel might […]