If you compare today’s stock exchange list with the same list from 10 years ago, you’ll see some big players missing. Some collapsed. Some lost relevance. Some lost value, and were gobbled up before their market value could be regained. The single thread in nearly all of these cases is simple — the conditions changed [...]

The conversation starter About 12 months ago I wrote the feature article for the Institute of Internal Auditors’ global e-zine on the top 10 risks for 2010. I received an email this week about the article which prompted me to have a look back at what I’d said, and also some of the comments which [...]

Insanity is doing the same things over and over and expecting different results. Albert Einstein Thanks to Lexis Nexis for making my most recent article available from the current issue of Risk Management Today to my clients and readers. The editorial panel was asked to cast their mind back to the most significant risk events [...]

As the developed world pulls itself away from the abyss of the global financial crisis, many around the globe are breathing a sigh of relief. Having dodged a major bullet, organizations are now returning to business as usual. But if the crisis was a wake-up-call for the world, did business leaders and internal auditors pay attention or just hit the snooze alarm? What’s the next “black swan,” or significant unforeseen risk, and what should internal auditors be doing about it?

In this free feature from IIA’s global magazine, Todd summarises several key areas should be on all company watch lists for 2010 and beyond.

A lot has been happening with the Resilient Futures Forum this year. Resilient Futures has been kind enough to record some of their work and make it available to the public free of charge.  Highlights from Todd’s work with resilientfutures.org are set out below.  Click on a heading to watch / listen. Risk and Responsibility [...]

Strategic risk capability is one of the key capabilities of our time. As part of their ongoing roles, Directors and CEOs need to have a deep understanding of the strategic risks and opportunties facing their organisations.  Increasingly they are looking to their internal audit team for a view on whether their company’s risk management systems [...]

This week I was fortunate enough to join with some of the leading minds on governance at a joint meeting of the International Corporate Governance Network (ICGN), World Economic Forum (WEF) and the UN Principles of Responsible Investment (PRI) to discuss a range of issues on where governance needs change in order to avoid another [...]

It seems that my piece in the June edition of Risk Management Magazine caused some contraversy, and even drew a letter to the editor from the President of the Risk Management Institution of Australia.  This is all healthy debate as it forces us to assess whether learned approaches are still relevant, or whether we’re just [...]

Success is a lousy teacher. It seduces smart people into thinking they can’t lose.  Bill Gates Most managers feel well equipped to understand and respond to the regular crises that emerge day to day in the business as usual environment. Risk management processes have permeated most organisations which give middle management a sense of comfort that [...]

  I’m really pleased to announce that the Resilient Futures website went live today. Resilient Futures was formed in April 2008 as a result of a number of practitioners in various fields believing that the current thinking in their respective professions was inadequate in dealing with the problems of tomorrow, and that resilience thinking and [...]