Have you ever thought about the role strategic advisors such as accountants, lawyers, risk managers, auditors, HR managers, IT managers and many other back of house advisors play in the success of organisations? I mean really thought about it? You probably have. If you are a strategic leader receiving the advice you have probably thought
I came across this article from McKinsey and Company titled The Future of Bank Risk Management. It is very good (in particular the Executive Summary from the full paper which can be downloaded) and most of what it says is applicable to any industry. First it makes the case for better data analytics, in real-time,
I heard these questions on ABC Radio (that is the Australian Broadcasting Corporation) recently. How are these for three great questions you can ask to help you make a decision? 1. What are my options? 2. What is the chance this will benefit me? 3. What is the chance this will harm me? These were
Over the past six months I have become involved with Jason Gotch and his Organisational Resilience Working Group which has a dedicated LinkedIn Group if you are interested in joining. Yesterday I replied to an email from a member in the group on the topic of Organisational Resilience vs Risk Management and gave some thoughts
When a decision is a tough one, it is often a choice between two alternatives that could both end up with “similar” results. Similar can be as in comparing a Navel orange to a Valencia orange or a Navel orange to a Granny Smith apple or a Navel orange to a mango or snow peas