At a glance – from compliance to effective control. A framework to help untangle conversations about #compliance, #internalcontrol, #quality systems, #improvement, #riskmanagement #assurance and #culture.
Category: Risk
Risk archives from Todd Davies: an internationally respected commentator in emerging risk, strategic risk and business model disruption.
Video series: Risk and governance implications of COVID and beyond w/e 3 April 2020
Each video is around 4 minutes long and unpacks 3-5 key issues + provides 2-3 take aways to help you get clarity and take action.
From the Archive – Risk and Responsibility
In 2009 in the period immediately following the global financial crisis, University Colleges Australia (then AHAUCHI) held a breakthrough conference on the future of educational spaces and the role of colleges in Australia. It was an impressive program that brought together different voices and perspectives. A handful of speakers were interviewed ahead of the conference […]
Risk reporting, Douglas Adams and the number 42.
Risk reporting leaves a lot to be desired. We did a national study to find out what’s good and how to make it work. Here’s what we found.
2012 Prophecy – The death of that great ponzi scheme – the industrial age
2012 is a year which comes up in a range of mythology as a period of great change. It seems everyone from the Mayans to the Mesoamericans and even Vishnu herself allude to a period of transition and renewal. Given my comments on black swans in the 2010 Christmas edition of this bulletin, I figured […]
Failing to keep pace with change – the biggest risk of all
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 […]
Risk management – part of the problem or part of the solution?
Todd Davies asks if a changing environment is a new norm – and explains how risk professionals can cope. Change is happening at a greater scale than ever before. We see it every day. This creates great uncertainty for the organisations that we serve, and should be a boon for us as risk professionals. After […]
Strategic Risk Management?
Opinion I’ve been deleting the word strategic from a lot of documents lately. And it’s assisting immensely. You see I’ve got this idea that the more times a person uses the word strategic, the more likely it is that the person is puffing or bluffing. In the risk and assurance space using the word strategic […]
Reform required to ASX’s Principle 7?
Comment As the Australian Securities Exchange (ASX) Corporate Governance Council starts its regular review of the Principles and Recommendations, the Institute of Internal Auditors (IIA) has fired an early salvo on the need for change. Although we’ve learned a lot from the global financial crisis and the destruction of value, the reality is that when […]
A look back, top 10 risks for 2010
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 had been made […]