StrategicRISK

Next StrategicRISK webinar in association with Riskonnect - 13 March at 2pm GMT The Convergence of Strategy, Risk, and Technology: A New Leadership Model In today’s hyperconnected and unpredictable business landscape, risk management is no longer an isolated operational function—it’s a cornerstone of strategic leadership. This session explores how forward-thinking leaders are embracing the convergence of strategy, risk, and technology to build more resilient and adaptive organisations. Attendees will gain insights into how this integration is driving value creation, enabling rapid responses to uncertainty, and transforming the way businesses approach growth and innovation. The discussion will highlight case studies of companies leveraging technology to align risk management with long-term strategic objectives, empowering leaders to make bold yet calculated decisions in a fast-evolving world. REGISTER https://lnkd.in/eppcqTHC Alex Sidorenko Quin J. Rodriguez Bob Bowman #RISK #RISKMANAGEMENT

?? Risk Briefing: How Risk Managers Can Deal with Evolving Climate Threats ?? Climate change is no longer a distant threat; it's impacting businesses today. ?? From wildfires and floods to hurricanes and landslides, extreme weather events are becoming more frequent and severe. This article explores how risk managers can adapt and build resilience in the face of these evolving challenges. - The Rise of Climate-Related Risks: The World Economic Forum's Global Risks Report highlights the growing concern over extreme weather events and their impact on businesses. - Understanding the Interconnectedness of Risks: Climate change intersects with geopolitical and social risks, creating complex challenges for businesses. - The Importance of Adaptation and Resilience: Risk managers must prioritize fortifying physical infrastructure, scrutinizing supply chains, and understanding community-wide impacts. - The Evolving Role of Insurance: Traditional insurance models may fall short in covering non-damage business interruption. Parametric insurance and other alternative solutions are gaining traction. Don't get caught unprepared. Read the full article to learn how to navigate the changing risk landscape and protect your business from the impacts of climate change. ?? https://lnkd.in/dmAybuav Marsh - World Economic Forum - World Economic Forum (WEF) #ClimateChange #RiskManagement #Resilience #Insurance #ParametricInsurance #ExtremeWeather #BusinessContinuity #SupplyChain #Sustainability #ESG #ClimateAdaptation #RiskMitigation #EnvironmentalRisks #GeopoliticalRisks #SocialRisks

“HS2, once envisioned as the backbone of modern rail connectivity, has instead become a case study in how poor risk allocation can derail ambition", says?StrategicRISK’s Asia correspondent, Trevor Treharne https://lnkd.in/eqabY_8p

Agile risk management starts with knowing everything about your business and exactly where it’s heading. For that, you need to forge connections with every discipline, says MTR’s chief enterprise risk manager, Synthil Chetty CGMA https://lnkd.in/eWswMFJ6

??? Building Resilience: 5 Threats Shaping #ConstructionRisk Management in 2024 ?? The construction industry is facing a complex web of risks, from extreme weather and supply chain disruptions to labor shortages and evolving regulations. In our latest article, we delve into the key challenges and strategies for building a more resilient future. Key Highlights: ?? People First: Addressing the skills gap with mentorship and effective training. ?? Financial Pressures: Navigating high inflation and interest rates that impact project viability. ?? Climate Change: Adapting to increased extreme weather events and temperature variations. ?? Cyber Vulnerability: Protecting against cyber attacks in an increasingly digital sector. ?? Contract Management: Understanding and managing contractual obligations to avoid disputes and delays. ?? Tech Integration: Leveraging AI and digital tools for enhanced risk forecasting and safety. ?? Collaborative Approach: Starting risk management early with pre-bid assessments and clear communication. Effective risk management is crucial for protecting project outcomes and ensuring the industry's sustainability. Dive deeper into these critical issues and discover actionable strategies. Read the full article now: https://lnkd.in/eVbG7nsi Clayco - Marsh - Megan Shapiro, Esq. #ConstructionRisk #RiskManagement #ConstructionIndustry #EmergingRisks #SupplyChain #CyberSecurity #ClimateRisk #FinancialRisk #ProjectManagement #SafetyFirst #DigitalTransformation #AIinConstruction #ContractManagement #Leadership #Resilience

?? Five Threats Changing the Face of Risk Management ?? ?Today's risk managers are navigating a complex landscape of geopolitical tensions, technological disruption, and escalating climate events. Staying ahead means vigilance and adaptability. Our latest article dives deep into the five critical threats reshaping risk management. Key Takeaways: ?? Geopolitical Tensions: Understand how global conflicts and trade blocs impact your supply chains and operational stability. ?? Economic Uncertainty: Prepare for potential stagflation and high borrowing costs, and reassess your risk strategies accordingly. ?? Cybersecurity Threats: Navigate the dual-edged sword of AI, ensuring both opportunity and security through robust safeguards and employee training. ?? Climate Change & Extreme Weather: Evaluate your resilience against increasing severe weather events and address gaps in proactive risk mitigation. ?? Social and Political Unrest: Adapt to the rapidly evolving socio-political landscape to mitigate disruption and reputational damage. Are you prepared for these evolving threats? Dive into our comprehensive analysis to ensure your organization is equipped to navigate today's complex risk environment. Read the full article here: LINK: https://lnkd.in/d_DBn3Rx Michael Gregory - RSA - #RiskManagement #EmergingRisks #Geopolitics #Cybersecurity #ClimateChange #EconomicUncertainty #BusinessResilience #RiskMitigation #AI #ArtificialIntelligence #SupplyChain #Governance #Compliance #StrategicPlanning #Insurance

This is a perfect opportunity for global carriers and brokers to engage with and solidify a place in the hearts and minds of risk professionals and insurance buyers.

Is Geopolitical Instability Hindering Your Business Travel? ???? The world is facing unprecedented geopolitical challenges, impacting business travel like never before. From elections and conflicts to civil unrest and economic pressures, companies are navigating a complex landscape. Key Takeaways: - Duty of Care is Paramount: Prioritizing employee safety and well-being during travel is crucial in today's volatile environment. - Proactive Risk Management: Develop actionable crisis management plans and utilize real-time information to mitigate potential disruptions. - Expert Partnerships: Collaborate with specialists like RSA and Healix to assess risk tolerance, establish thresholds, and ensure business continuity. - Communication is Key: Maintain open communication with insurers, employees, and security partners to stay informed and adapt to changing situations. Discover how RSA and Healix are helping businesses navigate these challenges and keep their operations running smoothly. ARTICLE: https://lnkd.in/e-9msKGH #businesstravel #riskmanagement #geopolitics #dutyofcare #travelsecurity #crisismanagement #globalmobility #employeewellbeing #travelinsurance #riskassessment #internationalbusiness #businesscontinuity #resilience #healix #rsa

In Vietnam, online business is thriving, but tech infrastructure is not yet fit to meet the challenge, leaving the country in an escalating battle against cyber crime. But with Chinese hackers often blamed for cyberattacks, its issues are indicative of wider tensions across the APAC region. https://lnkd.in/eQsQ_g7K

World leaders in the mining industry, Latin American countries must focus efforts on meeting risk management expectations surrounding safety and sustainability. Two of the region’s experts drilled down into these topics. https://lnkd.in/e_3gg-zX