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Operationalising The “A” Word

Appetite is the “A” word. For many it is a vexed issue (see last week’s blog on the benefits of a Risk Appetite Statement).

Operationalisation is the process of translating the board and executive’s appetite for doing business. As is the preference of some, it will be through financial delegations and rates of return on investments, as examples. While many things can be expressed in financial terms, not all can. Even though a project might meet a hurdle rate, it doesn’t mean the whole concept tur

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The temperature of key vehicle components is monitored and maintained by the automotive thermal system. It governs the temperature of various vehicle components, such as the motor, battery, and cabin, to enhance effectiveness, fuel economy, and comfort.

Automobile manufacturers across the entire globe are developing electric and hybrid vehicles. Several manufacturers have begun to produce electronic systems such as electric chillers and battery cooling devices in the context of electric vehicles.

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ATAL Tinkering Labs (ATL) are dedicated workspaces where students can give shape to their ideas through hands-on do-it-yourself approach. ATLs enable students to work with tools and equipment to create prototypes and working models, learning basic STEM (Science, Technology, Engineering and Mathematics) concepts in the process.

. Students have access to all the tools, materials and resources they need to explore, discover, invent and create. The ATLs are also places where working together to solve

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According to ChemAnalyst report, “Polyether ether ketone (PEEK) Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Grade, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, 2015-2035”, Global polyether ether ketone demand stood at around 12 thousand tonnes in 2021, with the market expected to witness significant growth, growing at a CAGR of 3.4% by 2035.

Explore full report with table of contents: https://www.chemanalyst.com/industry-report/poly

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EVENT

MASTER CLASS

Measuring Compliance
in the New Normal

Thursday, June 30  /  3 Webinars
Begins at 8 AM PT, 11 AM ET

In this master class, hear how more than 1,000 risk and compliance leaders assessed their own program priorities with a preview into the annual Definitive R&C Benchmark Report – publishing later this summer.

Our expert instr

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The increasing reliance on virtual communication may come with a cognitive cost, according to researchers who say the ability to generate ideas in collaboration is “at the heart of scientific and commercial progress.”

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Story at a glance:

  • Communicating through screens may not yield the same results as old-fashioned, in-person communication.
  • Pairs communicating virtually generated significantly fewer total ideas compared to in-person pairs, possibly due to a narrowed v
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By making belonging a priority, companies can boost employee retention and performance.

 
Susie Lee, June 13, 2022
 
Source:
 
MIT SLOAN
MANAGEMENT REVIEW
 
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Businesses are spending more money on diversity, equity, and inclusion (DEI) initiatives than ever before. By one estimate, the global market for DEI reached $7.5 billion in 2020, and it is expected to more than double by 2026. But such financial commitments have been followed by a slew of reports questioning the results of all that spen

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According to ChemAnalyst report, “Tetrahydrofuran (THF) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Market Analysis, 2015-2030”, Tetrahydrofuran market has shown a promising growth in the past five years and is projected to achieve a CAGR of 6.85% during the forecast period. Growing demand for spandex and paints and coatings coupled with the increasing demand from other end use industries is exp

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Implied vs Complied

Unfortunately, I am still often talking to executives or board members who are skeptical about the value of documenting their risk appetite. I point out to them that in the absence of a properly thought through and compiled risk appetite statement, all you have is an implied level of suitable risk taking. And that employees will have different interpretations of what is implied.

To make my point, I often ask them to discuss the implied level of risk our society has chosen in areas like healthcare

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5 Rules for Managing Megaprojects

10550128475?profile=RESIZE_400xMegaprojects have a substantial influence on the economic activity, productivity, social peace, and environment of a nation.  Estimates indicate that 90 percent of Megaprojects are completed late and beyond budget.  Such overruns have an effect not just on a country's budget but also on other factors.

These overruns are caused by technical difficulties, revisions in design and operational requirements, a rise in expenses, disputes over accountability, and new legislation.  The greater the complex

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A Conversation

Last week I promised you an example of my Pathfinder Model in action. I’ll do better than that, here’s a link to three examples in Chapter 8 in my book Persuasive Advising: How to Turn Red Tape into Blue Ribbon. One describes a scenario for a risk professional, another for a finance professional and another for a project management professional.

My Pathfinder Model of persuasion is always my go-to tool when the need to influence someone – or a group – presents itself, and I encourage you to give

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According to a market report, published by Sheer Analytics and Insights, the total the global testing, inspection and certification (tic) market was valued at $290.4 billion in 2021 and it is expected to reach $630.3 billion at a CAGR of 7.10% between 2022 and 2032. The testing inspection, verification, quality assurance, and certification sector consists of both in-house and outsourced services. TIC services help in increasing efficiency production to reduce error, and the service is relevant i

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Withholding Tax

Taxes are a necessary burden. However, many risk professionals carry an unnecessary burden that is withholding them. The burden of silence.

For any staff member to call something out, or even to voice disagreement with senior leaders, they need to feel psychologically safe to do so. Including risk professionals.

However, being in the position of having to call out a lack of accountability may be an indicator of a different problem. It may simply be that leaders don’t see the value in engaging w

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Society of Corporate Compliance and Ethics
SCCE: Membership | Publications| Certifications | Events

Get the latest compliance and ethics updates from the comfort of your home or office

Society of Corporate Compliance and Ethics® (SCCE) is here to help you stay up to date! As a professional membership organization for compliance professionals, we’re dedicated to supporting practitioners like you with resources that will help you establish, maintain, and strengthen your organization’s compliance and ethics program.

Continuing education and certification opportunities available per ev

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The Three Appeals

Speakers always use special methods of persuasion, which determine his or her strategy when addressing the audience. Methods of persuasion include ethos, pathos and logos. Ethos is an appeal to the audience’s respect towards mastery or credibility of the speaker. Pathos is the appeal to the emotions of the audience. It includes sympathy, pity and empathy. Logos is a logical appeal or its simulation. This prime essay will analyze the use of the three appeals by Brutus and Antony in Act 3, Scene 2

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By Pam Martens and Russm Martens: May 26, 2022 ~

Wall Street on Parade

A Citizen Guide to Wall Street

Bitcoin GraphicIn October 2008 a group or individual using the name Satoshi Nakamoto released a paper outlining a new system for digital cash called Bitcoin. To this day, no one knows who Satoshi Nakomoto really is. For all we know, he/it/they could have been a strawman for the fossil fuels industry.

Why do we say that? Because the major beneficiary of crypto has been the fossil fuel industry which has seen 

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HEXNBIT facilitate Best industrial summer Training  Programs for Engineering Students /B.Tech/ M.TECH /BE/ B.SC/ M.sc / BCA/ MCA/ CS/CSE/IT/ Information Technology. Offline Industrial Summer Training  in Delhi NCR Offered by HEXNBIT for all engineering domains in Delhi, Noida, Gurgaon, Faridabad, Ghaziabad online and offline Industrial  Summer Training  & Summer Internship Program is available for Engineering Students from All Over India and Abroad.

We have dedicated team to facilitate soft skil

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Hi Global Risk Community member,

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According to ChemAnalyst report, “Petrochemicals Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Regional Demand, 2015-2030”, Petrochemical market has shown considerable growth in historic period and is anticipated to achieve a healthy CAGR of 4.95% during the forecast period until 2030. As the demand of Petrochemicals is rapidly increasing in the petrochemical industry for the manufacturing of numerous products including plastic

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