From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...
The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...
Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...
Aki Eldar is the CEO and co-founder of Mirato, provider of an AI-enabled third-party risk management (TPRM) intelligence platform. From cyberattacks and supply chain crises to rising inflation and the ...
Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...
My last article focused on managing supply chain risk, which is a key component to understanding and achieving operational resilience. In order to effectively manage resiliency across an organization, ...
Operational risk is the silent compounding factor in alternative asset management. When it’s well managed, investors rarely ...
On 5 December 2019 the Bank of England (Bank), UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) published coordinated consultation papers and policy 1 on new ...
Severe weather conditions have a tremendous impact on our power grid as well as downstream costs for people, property, and brands that are costly and time-consuming to recover from. For example, ...
Information overload is emerging as a hidden safety risk in aviation. Synapse Aviation’s Airport Briefing reduces cognitive ...
Like so many years before, the 2018 fire season is off to a record-setting pace of voracious consumption of thousands of acres, homes and, tragically, human life. The last decade has seen records set ...
While teaching the military decision-making process (MDMP), I found plan­ners struggle with two unglamorous parts of it: risk management and course of action (COA) selection. And I can see why. Risk ...