Necessities for Effective Risk Management What is it? A control is any action taken by management, the board, and other parties to manage risk and increase the likelihood that established objectives and goals will be achieved. (Source: IIA/IPPF) There may be different definitions, but I personally like this one as it includes all the key […]
As the saying goes, the only constant is change. Which is particularly true of current times – from disruptive technological advancements (e.g. AI, Blockchain, ESG initiatives) to ever-evolving legal or regulatory changes (e.g. privacy, tax, capital) and unforeseen global crises or looming recessions. Organisations face a variety of risks that can threaten their viability and […]
