In life, it is extremely easy to forget what is important to you as a Risk Manager, may not be important to others. In addition, not only do we sometimes forget what is important, we confuse what is urgent with what is important. For those of you familiar with the "7 Habits" this will sound familiar.
The Innovation of Risk is fast approaching a major risk milestone of 10,000 visitors and as we approach this milestone we wanted to share some statistical information.
In early 2011 we discussed the top risks for 2011, leading into 2012. A little over a year later we thought it prudent to cover what we see are the Top 10 risks for the rest of 2012 and leading into 2013.
The rapid change in the consumption of technology is overtaking Moore's Law as the most talked about rule. Quite simply, over the last decade there have been a significant number of advances in consumer technology and what we have seen is the ever increasing trends in consumption patterns surrounding these new technologies. The chart detailed in the article by Derek Thompson highlights this ever increasing change in the adoption pattern of technology over time.
Way too many risk managers, risk experts, and risk professionals are glass half-empty people. Of course the role of risk management is to focus on the potential things that can go wrong, but that does not mean that the risk manager has to be negatively focused. In actual fact, it is that negative focus that has made risk managers the type of person that businesses wish to avoid rather than engage.
One of the most important roles of a risk professional is to be on the front foot with information. The expectations of the organisation, and most likely your CEO, is that as the Risk Executive you have an ear to the ground and an eye on the horizon. So, how are we confronting the challenge?
Defined as showing leadership in the field of risk management, risk leadership is paramount to the success of successful organisations. When we think about risk management in the context of leadership we are referring to the individual and team based position of stepping forward and determining the key risks and determining the best business response.
Within this magazine we explore a number of areas surrounding leadership in risk management ranging from thinking about risk management with a "heads up" approach, understanding your customer, peer leadership, social media risks and rewards and a special feature on the Top Risks of 2011.
We hope you enjoy this magazine and please feel free to provide us feedback for future editions.
Theoretical scientists spend many hours considering the universe and everything in it, about it and around it. They ponder the very fabric of how things are made and also determine the theories around everything scientific in nature.
Does this have anything at all to do with risk management?