Case Study: Embracing Hybrid Work Models in South Africa
Ricoh South Africa's bold leap into hybrid work revolutionised their operations. Balancing in-office collaboration with remote flexibility, they crafted a winning formula. Clear policies, tech investments, and leadership training yielded impressive results: boosted productivity, happier staff, and cost savings. A shining example of workplace evolution in the Rainbow Nation.
Winning the War for Talent: Strategies for Building an Unbeatable Workforce
The talent war rages on! Agile and resilient organisations are embracing skills-based strategies, fostering continuous learning, and crafting compelling employee experiences. With real-time feedback, a magnetic employer brand, and robust succession planning, companies can build an unbeatable workforce. It's time to transform your talent approach and secure your business's future
Riding the AI Wave: Empowering Your Workforce for Tomorrow’s Challenges
Riding the AI wave: A clarion call for workforce empowerment. As AI reshapes industries, organisations must act swiftly to upskill their teams. From AT&T's billion-dollar investment to innovative 'learning in the flow of work' strategies, companies are fostering cultures of continuous learning. The future belongs to those who embrace AI as a catalyst for human potential.
The relationship between Enterprise Risk Management and Managerial Judgement in Decision-making: A Systematic Literature Review
Enterprise risk management (ERM) promises to improve decision-making and help organizations avoid wicked problems. Consequently, risk artefacts may play a significant role in managers’ decision-making processes, but little is known about the relationship between ERM and managerial judgement in decision-making (MJDM). The purpose of this paper is to present a systematic literature review of ERM, thereby filling this knowledge gap and providing an evidence based foundation for improving practice and advancing knowledge and theory development.
Assessment of Money Laundering, Terrorist Financing and Proliferation Financing Risk in the Banking Sector
The Prudential Authority (PA) of the South African Reserve Bank (SARB) is responsible for anti-money laundering and counter-financing of terrorism
(AML/CFT) supervision of banks, mutual banks and life insurers. As such, the PA
assesses the risks related to these aspects. It embarked on its second banking
sector risk assessment by surveying 34 banks in March 2021.
IRMSA Risk Report 2024/25
‘Managing the risks that attend to the pursuit of sustainable development.’
South Africans today may feel that they are living inside Charles Dickens’ Tale of Two Cities. In the One City, a smaller portion of society feels empowered and excited about the unfolding future, gathering pace on the wings of the ongoing technological revolution and new political possibilities.
Fraud Risk Management in Internal Audit
Several high-profile and large-scale corporate fraud cases have made headlines in recent years. Investigations into a number of these frauds have identified that many of them took place over a significant period of time and often resulted in crippling impact to, and even the demise of, the victim organizations.
Risk Appetite and Risk Tolerance
George Bernhard Shaw has been quoted to state that “The English and Americas are two fine people, separated by a shared language”. It appears the drive to increase confusion has not stopped yet. Personally, having English as my second language, I mentally like the ISO vocabulary better than the COSO – but I can easily live with either. So:
Dear ISO and COSO organisations. Get together and agree on terminology.
Navigating Complexity: The Role of Risk Maturity Models in Modern Business
In an era marked by unprecedented uncertainty and interconnected risks, organisations are increasingly turning to risk maturity models as a strategic tool to bolster their resilience and competitiveness. Effective risk management is crucial for survival and success, and this is where risk maturity models come into play.
Environmental Scanning: A Strategic Compass for Risk Professionals
Environmental scanning is a systematic process of monitoring internal and external environments to identify risks and opportunities. It enables organisations to anticipate changes, make informed decisions, and develop proactive strategies. By leveraging tools like SWOT and PESTEL analysis, risk professionals can enhance organisational agility, resilience, and competitiveness in dynamic business landscapes.