Digital Lords and the New Geopolitics: Understanding Techno-feudalism Through a Risk Lens
Techno-feudalism describes a shift from market capitalism to digital hierarchies dominated by tech giants controlling data, platforms, and influence. This article explores its geopolitical impact and outlines critical risks—like regulatory capture, data dependency, and disinformation—that professionals must monitor to safeguard sovereignty, resilience, and democratic governance in a digitally entrenched world.
The Human Factor: Unravelling the Complexities of Behavioural Risk in Decision-Making
Behavioural risk management is crucial for organisational success. Human factors like cognitive biases and emotions significantly impact decision-making. Tools such as risk identification methods, analytics software, and training programmes help manage behavioural risks. Best practices include clear policies, employee involvement, and continuous improvement. Leadership plays a vital role in fostering a risk-aware culture.
Dynamic Risk Assessment
The power of four. An evolution in risk assessment that applies sophisticated algorithms and advanced data analytics together in a KPMG proprietary methodology to identify, connect and visualise risk in four dimensions.
Mapping the Future: How Risk Professionals Use Forecasting and Backcasting to Shape Organisational Strategy
Forecasting and backcasting are essential scenario analysis tools for risk professionals. Forecasting projects future risks from current trends, while backcasting starts with a desired future and maps steps to achieve it. Integrating both methods enhances strategic planning, resilience, and proactive risk management in uncertain, complex environments.
Zero Trust Frameworks: A Strategic Imperative for Managing Evolving Cyber Threats
Zero Trust is a modern cybersecurity framework that eliminates implicit trust, requiring continuous verification for every user and device. For risk professionals, it reduces attack surfaces, limits breach impacts, and enhances compliance, making it essential for managing evolving cyber risks in decentralised, cloud-driven, and hybrid work environments.
The Silent Consensus: How Groupthink Undermines Risk Assessment
Groupthink undermines risk management by fostering premature consensus, suppressing dissent, and distorting risk assessments and treatments. This article explores its psychological roots, real-world impacts, and offers practical strategies-structural, cultural, and technological-for risk professionals to mitigate groupthink, promote critical thinking, and enhance organisational decision-making resilience
Perception is Power: How Risk Owners and Champions can transform Decision-Making and Resource Allocation
The article explores how risk perception, shaped by experience, biases, and culture, influences decision-making and resource allocation for risk owners and champions. It offers strategies to align perceptions, overcome biases, and foster a strong risk culture, ultimately enabling organisations to manage uncertainty more effectively and achieve their strategic objectives.
Bridging Perception and Practice: Enhancing Risk Facilitation Through Collaborative Strategies
This article explores how perception shapes risk management, highlighting the importance of understanding cognitive biases, fostering collaboration, and leveraging strengths-based and structured approaches. It emphasises embedding risk awareness in organisational culture, using technology, and overcoming barriers, empowering risk facilitators to transform perception into a strategic asset for effective risk management.
Risk Professionals as Futurists: Shaping Tomorrow’s Uncertainty Today
The article explores how risk professionals can adopt futurist approaches, such as scenario planning and futures thinking, to anticipate and manage uncertainty. By integrating risk management with strategy, leveraging technology, and embracing behavioural insights, risk professionals can transform risk from a defensive function into a driver of innovation and organisational resilience.
Resilience in a Fractured World: The Fundamentals of Geopolitical Resilience for Risk Professionals
Geopolitical resilience enables organisations to anticipate, adapt to, and recover from disruptions like conflicts, sanctions, or supply chain shocks. Key strategies include proactive risk assessment, scenario planning, diversification, and collaborative efforts. By integrating issues-led and impact-led approaches, leveraging technology, and fostering agility, businesses transform risks into opportunities, ensuring long-term competitiveness in a volatile world.