How to manage organisational risk
Organisational risk can be reduced to two base constituents: loss or diminished profit, and loss of stability. Similarly, for any tool or technology to be valuable, it must do two of three things – improve profit, reduce loss or improve the risk against loss,...Securing your most valuable assets
It has long been said that a businesses’ most valuable asset is its information. When appropriately harnessed, data translates into actionable information into a plethora of things a company can benefit from, including which products are moving the fastest, what...SMEs should manage risks systematically
Owners and managers at start-ups, small companies and mid-sized enterprises can no longer have a cavalier attitude to risk management. Because government, banks and corporate customers recognise how vital they are to the economy and to global supply chains, SMEs are...Whistle-blowers: victims or villains?
For the past number of years South Africa has been placed in the spotlight when it comes to matters such as crime and corruption, and most of the surveys dealing with this scourge have a consistent message that this situation is not improving. Once again, the...Reputational damage a key business risk
Nothing feeds the news cycle like a company scandal, and with social media and citizen reporting on the rise, serious blows to a company’s reputation and market value can spread in nano-seconds. The likes of BP, Goldman Sachs, Toyota, Nestle, Domino’s Pizza, and locally and more recently Eskom, Capitec, KFC, the Estate Agency Affairs Board and Lonmin are among a host of brands that have taken a reputational hammering in the court of public opinion.