All Knowledgebase Articles

Establishing Organisational Resilience through developing a Strategic Framework for Digital Transformation

Purpose – The purpose of this paper is to present a strategic management framework for a successful digital
transformation (DT) roll-out aimed at enabling organisational resilience. The study aims to identify the critical areas of consideration for management to strategically approach DT in order to build resilience.

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Exploring the Indirect Links between Enterprise Risk Management and the Financial Performance of SMEs

This paper responds to the lack of empirical evidence on how enterprise risk management (ERM) and the financial performance of small and medium-sized enterprises (SMEs) are related. Structural equation modeling is used to explore new
mediators in the relationship between ERM and SME financial performance. The
results show that organizational culture (mission dimension) and strategic risk management performance are full and positive mediators between ERM and financial performance......

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Evaluating and Establishing Baseline Security Requirements in Cloud Computing: An Enterprise Risk Management Approach

In today's digital age, businesses use cloud services to boost their operations exponentially. While this trend presents excellent potential, it is marred by significant concerns over the safety of data stored in the cloud. As the demand for cloud computing increases, businesses face issues ranging from data breaches and provider security to service availability and regulatory compliance.

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Risk Committee’s Influence on Enterprise Risk Management

Risk is real and it is particularly very serious in the case of managing banks in Nigeria because of several reasons; including the fact that it is an emerging economy. It can affect a bank’s
bottom-line to say the least and even its survival. It is in view of this that this article links risk committee effectiveness with risk management by banks in Nigeria. Using 130 observations (13 banks, 10 years) for 2012-2021, we employ a correlational research design to develop a panel model linking risk committee characteristics with risk management......

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Enterprise Risk Management and Business Strategy on Firm Performance: The role of Mediating Competitive Advantage

This research aims to know and analyze the contribution of enterprise risk management and business strategy to the competitive advantage and company performance of shipping companies
listed on the Indonesia Stock Exchange........

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Navigating Risk in the Modern Business Landscape: Strategies and Insights for Enterprise Risk Management Implementation

As businesses actively seek ways to safeguard their valuable data and resources, efficient defense techniques are paramount. The surge in cyber threats, driven by malicious attacks and cybercrime fueled by internet technology and mobile apps, emphasizes the urgency for comprehensive risk management strategies. Effective risk management strategies have become indispensable for competitive businesses. ERM entangles determining, evaluating, and thwarting potential hazards that endanger business objectives.

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