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.
Bridging the Cybersecurity Chasm: Tackling the Talent Shortage in Risk Management
Imagine a digital fortress with too few guards to man the walls. The cybersecurity realm faces a dire talent drought, leaving organisations vulnerable to unseen threats. This piece uncovers the stark reality of the skills gap in cyber risk management, its ripple effects, and cutting-edge solutions. From AI-powered defences to talent diversity, learn how businesses can bolster their cyber ramparts in this skills-starved landscape.
Navigating the Geopolitical Minefield: A Risk Manager’s Guide to Global Uncertainty
Navigating the global minefield: how savvy organisations are turning geopolitical chaos into opportunity. This eye-opening article dissects the new face of geopolitical risk, unveiling its profound impact on business landscapes worldwide. Uncover cutting-edge strategies to not only weather the storm but thrive amidst shifting power dynamics and technological upheavals. Learn how forward thinking companies are reimagining risk management to stay ahead in an increasingly unpredictable world.
Data Privacy: The Invisible Tightrope of Modern Risk Management
In a digital age where data reigns supreme, privacy becomes the ultimate guardian. This article explores the critical challenge of data privacy in risk management, emphasising regulatory compliance and best practices. It offers valuable insights on data protection, highlighting how organisations can transform privacy from a risk into a competitive advantage.