Risk Management in project management refers to the systematic practice of identifying, analyzing, and responding to project risk. It includes maximizing the probability and consequences of positive ...
The whole concept of risk appetite is an understanding of an organization’s desire to take on risk when weighed with potential reward. For most companies, this stays at an implicit level. All ...
Smith College aspires to have a strong risk management culture where employees understand the strategic objectives they support and are encouraged to raise risks to their managers. Cabinet members, ...
A smarter risk approach recognises that risk-taking can be acceptable and, in some cases, encouraged. This must be done in a controlled and responsible way. Where firms choose to take on greater risk, ...
Adam Ennamli is Chief Risk Officer at General Bank of Canada & former VP O&T at Thomson Reuters. Global Board advisor on strategy and risk. Many organizations invest heavily in risk management ...
Risk management should not just be a checklist to be compliant. Rather, it should be a source of value, inextricably tied to your business strategy. Purpose-driven and customer-centric risk management ...
CBA's approach to AI governance is outlined in a comprehensive transparency report detailing its decade-long journey with the technology. By classifying AI as a material risk, the bank mandates that ...
The FCA has recently published the results of its multi-firm review of payments and e-money firms' risk management frameworks and wind-down plans. It once again highlights the need to develop ...
Hoarding cash? Stifling innovation? Mark Carey of Deloitte & Touche looks at how companies do (or should) think about risk-and-reward decisions in uncertain times. Part of the Security Predictions ...