"Procrastination in the name of reducing risk actually increases risk".
Colin Powell
Agenda:
1. GlobalRisks 2011
2. New Discussions, Blogs and videos
3. New profiling capabilities
4. Information for marketing managers – our new sponsorship and advertisement package.
Dear GlobalRisk Community member,
World Economic Forum has published its GlobalRisk Report 2011
The report warns that economic imbalances, volatile commodity prices and currencies, and governments' budget shortfalls are "unsustainable".
Economic disparity and global governance failures both influence the evolution of many other global risks and inhibit our capacity to respond effectively to them.
Beyond these two cross-cutting global risks, three important clusters of risks have emerged in this year’s analysis:
The “macroeconomic imbalances” cluster including imbalances and currency volatility, fiscal crises and asset price collapse arise from the tension between the increasing wealth and influence of emerging economies and high levels of debt in advanced economies
The “illegal economy” cluster including state fragility, illicit trade, organized crime and corruption.
The “water-food-energy” cluster: A rapidly rising global population and growing prosperity are putting unsustainable pressures on resources.
Five risks have been designated as “risks to watch”,
• Cyber-security issues ranging from the growing prevalence of cyber theft to the little-understood possibility of all-out cyber warfare;
• Demographic challenges adding to fiscal pressures in advanced economies and creating severe risks to social stability in emerging economies;
• Resource security issues causing extreme volatility and sustained increases over the long run in energy and commodity prices, if supply is no longer able to keep up with demand;
• Retrenchment from globalisation through populist responses to economic disparities, if emerging economies do not take up a leadership role;
• Weapons of mass destruction, especially the possibility of renewed nuclear proliferation between states.
We already saw the Economic disparity has been shockingly exposed in the events in Tunis last week. And this might be just a small repetition of what might happen on a much larger scale in countries such as Egypt, Iran, Pakistan.
By the way if you've got a frog for a picture, hurry up and replace it!
Issue highlights:
We’ve got many new and interesting discussions initiated in the last couple of weeks.
What are "Safety statistics & Safety plannig control" started by Annus uddin Khan
With the advent of global communication, is risk increased or reduced? By Leatha Dasher
Who are the most respected/best individuals in the Risk space in the world?
Human Threats to Technology and the Role of Forensic Psychology in Risk Mitigation By Jonathan A. Dudek
Make your comments and if you have an interesting story to tell, add your own discussion.
Don’t forget to share any discussion, blog , video or other piece of content you like to your friends on Linkedin and Facebook by using buttons ‘Share on Linkedin’ and “Like on facebook” at the right side of each page. You can share our content to all your Linkedin groups and friends. In addition to that you can share a story to other popular services such as Twitter, Delicious … by using the Share button at the bottom of each discussion.
New profiling capabilities.
Starting from this week we added a number of profile questions which every new member has to fill in when he/she signs up to the community site.
By providing more information about yourself, you increase your chances to get full benefits from this platform such as: speaking engagements, Consulting offers, Job inquiries, Business deals, Career opportunities, Expertise requests and many more.
We also urge members who did not fill their profile properly yet and who want to be found and increase their visibility among the community to do so. It might cost you a few minutes of your time but will benefit you in the long term. People do find here many new and exciting opportunities and we do have a number of success stories already. (Tip: provide your current Job Title, industry, company or/and paste your Linkedin profile here).
New member introductions.
Vikrant Yadav has introduced himself in our introduction thread.
Everyone is welcome to go ahead and introduce him/her self to the community either via this thread or by creating a separate discussion.
New Blog posts:
COSO Releases Two Additional Thought Papers on Enterprise Risk Management
Advanced Derivatives Calculator - OptionMatrix. Contributed by opensourcefinancialmodels.com
New Year, New Bank Failures by Marvin Clark
Business Risks by Riskviews
2011 Job Search Strategies
Cloud Infrastructure as a Service by Abba Nayaya
We've got a large number of new video presentations uploaded by C Penland about global Insurance and pension business. Check out our video section http://globalriskcommunity.com/video/video
Take a few moments and give us your feedback
1. How would you rate the Global Risk Community on the scale from 1 to 10?
2. What shall we do to achieve the highest rank 10?
Please take a few moments and answer these two questions via the following link or just by visiting our main page.
Commercial and marketing information:
We help recruiters, marketing and sales managers who want to create a greater visibility for their products and services among their prospects in the Risk market with much better results than traditional media. By working with us you will increase your customer base and decrease your marketing costs at the same time,
Companies and individuals are welcome to become sponsors. We just issued our sponsorship and advertisement packages for 2011. We are currently providing Founding, Bronze, Silver and Gold sponsorship programmes. Please have a look at our sponsorship brochure http://www.scribd.com/doc/46965766/GRCsponsorship2011-V3; We are open to discuss any dedicated solutions that might suit your organisation and budget.
You COMPANY page in our Business Directory. You will get full control of the page and can include cutting edge multimedia – videos, audios, presentations, adverts, white papers, job offers, Press Releases, product information, company blog, news feeds and more.
Our business model is based on a number of faithful partners or sponsors, coupled with the possibility for companies to place commercial advertisements. Do you want to be one of our faithful partners or sponsors, create your company page or advertise on our site?
To apply please contact us via the following e-mail address: info@globalriskconsult.com.
Media Kit: For companies considering the advertising campaign for the Risk Market we prepared our Media Kit which is available on request .
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Thank you for being here.
Boris Agranovich
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