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Organisations that have a low level of maturity when it comes to risk-based decision making have a lot of untapped potential. The explanation is in the tag line to my latest book Risky Business: How Successful Organisations Embrace Uncertainty. Developing a strong capability and culture of risk-based decision making lets organisations embrace uncertainty and achieve greater success. It just makes sense. The question is how many of the more formal risk management practices of risk registers, risk
The Pareto principle is also referred to as the 80/20 rule. It asserts that in any given scenario, 80% of the outcomes are the result of 20% of the causes. The principal was named after Vilfredo Pareto, an Italian professional economist who observed that 20% of the population was responsible for 80% of the nation's income.
The Pareto principle has been used in a variety of industries, including manufacturing, hospitality, health, software development, and marketing, to demonstrate that small thi
Growing trend of digitalization and technological advancements is expected to drive the demand for Vietnam Telecom market in the forecast period.
According to TechSci Research report, “Vietnam Telecom Market By Type (Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communication Hardware, Satellite and Telecommunication Resellers), By Service Type (Managed Data Centre, Managed Network Services, Managed Data & Information Services, Managed Mobility Services, Managed Communica
Increasing adoption of automation technology and the rise in efforts to improve farming efficiency is expected to drive the demand of global agrobots market in the forecast period.
According to TechSci Research report, “Agrobots Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Type (UAVs (Fixed Wing Drones, Rotary Blade Drones, Hybrid Drones), Milking Robots, Driverless Tractors, Automated Harvesting Systems & Others), By Component (Hardware, Software
Demand for analyzed data for advancing healthcare is driving the growth in Global Predictive Analytics In Healthcare Market in the forecast period, 2022-2026.
According to TechSci Research report, “Predictive analytics in healthcare Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Application (Clinical Decision & Diagnosis Support (CDS), Risk Prediction & Scoring, Demand Forecast, Drug Discovery, Disease & Cancer Detection, Fraud Detection, Others),
Rising demand for contactless payments, increased adoption of IOT devices, accelerating economic relief projects and investments in FinTech industry to drive global FinTech market through 2026.
According to TechSci Research report, “Global FinTech Market By Technology (API; AI; Blockchain; Distributed Computing, Others), By Service (Payment; Fund Transfer; Personal Finance; Loans; Insurance; Others), By Application (Banking; Insurance; Securities & Others), By Region, Competition, Forecast & Oppo
Covid 19 has led to unprecedented market volatility and changing consumer demands. This coupled with digital transformation, energy transition and an intense geopolitical landscape, 2021 changed the face of the industry forever.
A global shift toward environmental accountability, major technological disruptions and unexpected economic activity are all creating exciting opportunities and stark challenges for trading houses, investors, producers, traders, buyers and governments alike.
Reuters Events
Artificial Intelligence (AI) is one area considered by many executives to enable Automation and steer positive growth. A couple of years ago, most executives thought that deployment of Artificial Intelligence isn’t a big deal. However, revamping traditional systems, implementing AI, and scaling it, in reality, is not as simple as it seems.
A survey by PwC Research in 2020, which gathered responses of 1062 business leaders, validates that scaling and industrializing AI is not straightforward at
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An Interview with Lian Van Oudheusden, Head of Model Risk Management, at First Rand Bank
Ahead of the 3rd Edition Model Risk Management Conference, we spoke with Lian Van Oudheusden, Head of Model Risk Management at First Rand Bank. Lian is responsible for model risk strategy and framework development, model risk oversight and reporting and oversight of the independent validation function. Lian also established and chairs FirstRand’s Advanced Analytics Working Group, which is a multi-discipli
An Interview with Erkka Pesonen, Director, ALM Risk Management and FTP, at UBS
Ahead of the 11th Annual Funds Transfer Pricing and Balance Sheet Management Conference, we spoke with Erkka Pesonen, Director of ALM Risk Management and FTP at UBS. Erkka works in the Group Treasury ALM team, responsible for FTP setting and methodology and interest rate risk hedging. Prior to his current role Erkka has worked in Treasury cash trading and Treasury funding roles at UBS. He has over ten years of Treasury
Regulatory changes are an unavoidable reality for financial sector organizations. The government is understandably concerned with the financial sector's risk management. The global financial crisis, which began as a result of a few banks breaching the spirit, if not the letter, of regulations and laws, has only raised regulatory pressure on the sector. Businesses must ensure that they are able to manage regulatory change effectively. However, firms seeking to outperform the competition understan
Stringent environment regulations and rising living standards expected to drive the demand of the global solar wind hybrid systems market in the forecast period.
According to TechSci Research report, “Solar Wind Hybrid Systems Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Connectivity (On-grid, Stand-alone), By End Use (Residential, Commercial, Industrial) and By Region”, the global solar wind hybrid systems market is expected to grow at a steady
Agile is a robust approach to value creation. More and more organizations are adopting Agile Software Development approach.
Becoming Agile is imperative to meet and exceed customer expectations and emerging business trends. Implementing the Agile approach to Software Development leverages significant benefits, including:
- Rapid design and development of new product and service offerings
- Revolutionizing processes
- Managing talent
- Reforming organizations
However, Agile alone is not enough. Agile Transf
About the interviewee: Abdulatif Alrushaid is leading Cyber Security in Engie Saudi Arabia, overseeing IT/OT operations, and ensuring facilities compliance to national and international regulations. Abdulatif holds a master’s degree in Information Security from Georgia Tech University.
1.Could you share with the Cyber Security community, your top three lessons in securing businesses in the past one year, especially when it to protecting critical infrastructure.
Answer:
> Humans are the w
According to ChemAnalyst report, “Naphtha Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Naphtha market has shown significant growth as it reached 422 million tonnes in 2020 and is expected to achieve a healthy global CAGR of 3.87% in the forecast period until 2030. With the growing demand of Naphtha from the Petrochemical and other major end-
The Forrester Wave™ Governance, Risk and Compliance Platforms, Q3 2021, Out Now!
In the report, Forrester provide an in-depth evaluation of the top solution providers in GRC. A must read for anyone considering software automation to manage Governance, Risk and Compliance needs.
The report provides a full analysis of each vendor to help risk and compliance professionals select the best fit GRC solution to meet their requirements.
Read the report to explore:
- A detailed assessment of the top GRC
