Case Study: Johannesburg Water – Optimising Resource Allocation for Sustainable Water Management
Johannesburg Water's strategic resource allocation revolutionises urban water management. Through savvy audits, high-impact projects, and cutting-edge tech, this South African utility quenches the thirst of 3.8 million residents whilst tackling ageing infrastructure. Their innovative approach sets a sterling example for sustainable utility management across Africa.
Supply Chain Resilience: The New Imperative for Business Survival
Supply chain resilience is the new business imperative. As global disruptions intensify, companies must fortify their networks against vulnerabilities. Diversifying suppliers, leveraging technology, and adopting "just-in-case" inventory models are crucial strategies. By embracing resilience, organisations not only mitigate risks but gain a competitive edge in an unpredictable world
Bracing for the Storm: The Art of Scenario Testing in Resilience Building
Scenario testing: the corporate war game revolutionising resilience. By simulating severe yet plausible crises, organisations stress-test their ability to weather storms. It's not about predicting the future, but cultivating adaptability. From AI-generated scenarios to stakeholder engagement, this art form builds a culture ready for any challenge. Are you prepared to push your limits?
Strategic Management of the Organisation: The Essence and Main Components
This article determines the significance and application of the concepts of "control", "management", "strategic management", the quality of management, the important task of management, strategic management of higher education, the process of strategic management "Analysis and forecasting of the market environment."
Integrated Security Management Model: A Proposal applied to Organisational Resilience
The purpose of this article is to contribute scientifically to the thematic areas of
organisational resilience and security risk management by providing a model of a
flexible security management system that can be integrated with other management systems and be applied to the operational dimension of organisational resilience. To this end, the literature on security risk and operational resilience has been reviewed as well as on security governance models based on enterprise security risk management
and other international standards that allow integration with business processes.
During the study, an incipient production of specific models that determine
the maturity of different management systems was observed in the academic sphere, with a gap being detected in terms of security management system maturity models linked to organisational governance and enterprise risk management, which would facilitate their inclusion in the organisation’s integrated management system in a practical way. It is concluded that the proposed model provides scientific support to practitioners, and, to a greater extent, to companies and other organisations irrespective of their size, sector of activity or location.
Global Risk Management Survey – Key Findings – 2023
Responses to the ninth edition of our Global Risk Management survey suggest that doing business has not become any easier since the last time we conducted the survey, in 2021. In fact, our respondents feel that doing business has become even more volatile and uncertain.
State of Risk Oversight – Enterprise Risk Management Practices – 2024
Organizations operate in a global environment where myriad uncertainties can arise and trigger risks impacting an
organization’s strategic success. Organizations with a robust, enterprise-wide and strategically focused approach to managing risks increase the odds that these risks can be managed proactively so that key strategic initiatives stay on track.
Comeback or evolution? Examining Organizational Resilience Literature in pre and during COVID-19
Purpose – The ability of companies to develop organizational resilience before, during and after crises is crucial for their development and growth. The future forecasts increasingly more crises, thus this paper aims at identifying key topics around organizational resilience in COVID-19 times, differentiating them of pre-crisis literature and synthesizing them into a research framework.
Unlocking the Power of Data Governance: A Strategic Approach to Data Management
Data governance ensures data integrity, security, and usability by establishing policies and standards. Emerging models like data cooperatives and public trusts offer new approaches. Best practices include strategic alignment, accountability, and transparency. Effective governance mitigates risks, enhances decision-making, and drives business success in a data-driven world.
Principles for Effective Risk Data Aggregation and Risk Reporting (BCBS)
One of the most significant lessons learned from the global financial crisis that began in 2007 was that banks’ information technology (IT) and data architectures were inadequate to support the broad management of financial risks. Many banks lacked the ability to aggregate risk exposures and identify concentrations quickly and accurately at the bank group level, across business lines and between legal entities. Some banks were unable to manage their risks properly because of weak risk data aggregation capabilities and risk reporting practices. This had severe consequences to the banks themselves and to the stability of the financial system as a whole.