Categories for Risk Management Featured

BarnOwl Info Sharing Insight: The State of AI and AI in Corporate Governance with Michael Judin and Lionel Moyal

August 22, 2023 2:22 pm

BarnOwl Info Sharing Insight: The State of AI and AI in Corporate Governance with Michael Judin and Lionel Moyal BarnOwl Info Sharing session: 17 August 2023 Presented by: Michael Judin (Partner at Judin Combrinck Inc. Attorneys, Johannesburg, and Lionel Moyal (the SI and Channel Partners Lead at Microsoft Africa Region. Introduction Thank you very much Michael and Lionel for your most informative presentation on ‘The state of AI and AI in corporate governance’ at the BarnOwl info-sharing event held on 17 August 2023. Thank you too, to all those who attended the session. We have entered a new era of... Read more

BarnOwl Info Sharing Insight: Build Resilience into your Business Before a Crisis Hits with Tracey Linnell

November 30, 2022 11:56 am

BarnOwl info sharing session: Build resilience into your business before a crisis hits BarnOwl Info Sharing session: 24 November 2022 Presented by: Tracey Linnell | Director | Morgan Solus Introduction Thank you very much Tracey for your most informative presentation on ‘building resilience into your business before a crisis hits’ at the BarnOwl info-sharing event held on 24 November 2022. Thank you too, to all those who attended the session. What can go wrong? As we know, the world at the moment is in quite a state of upheaval and especially in South Africa with an increase in load shedding,... Read more

BarnOwl Info Sharing Insight: Influencing Business Strategy – Alignment Between Performance Management and Risk Management with Deon van der Westhuizen

August 12, 2022 9:31 am

BarnOwl Info Sharing session: 28 July 2022 Influencing Business Strategy – Alignment Between Performance Management and Risk Management Presented by: Deon van der Westhuizen Introduction Thank you very much Deon for your most informative presentation at our info-sharing event held on 28 July 2022. Thank you too, to all those who attended the session. I’m sure Deon’s opening statement with reference to some of his engagements resonated with many of us in the audience: “Senior management understand that risk management is important, but they just don’t buy into it. There’s no commitment from the top, and the end result is... Read more

Risk Management Information Systems

May 26, 2022 1:18 pm

Introduction – using Risk Management as a decision-making tool “Organisations must develop the competence to use risk management as a decision-making tool and not merely as a compliance tool. Unfortunately, many organisations continue to lament that their risk-management processes do not provide a competitive advantage and are not a helpful tool for decision-making. An organisation’s governance policy should ensure that the organisation is making the best decisions possible and, to this end, directors and executives must demand more than a risk register, a report, or a heat map. They need to ensure that a structured process exists for improving the... Read more

BarnOwl Info Sharing Insight: The Evolving Role of the CRO to Power Business Performance with Mark Victor & Christopher Palm

August 20, 2021 1:09 pm

BarnOwl Info Sharing session: 29 July 2021 The evolving role of the CRO to Power Business Performance Presented by: Mark Victor, Partner – Deloitte Risk Advisory Africa, Christopher Palm, Chief Risk Advisor – Institute of Risk Management South Africa (IRMSA) Facilitated by: Jonathan Crisp, Director – BarnOwl Introduction The pandemic has heightened the importance of proactive risk management in the first line, and executives have challenged the current mandate and functioning of risk functions to proactively drive risk management processes and activities that ensure risk powers business performance, beyond compliance. This is evident through increased risk uncertainty, the need for... Read more

GRC ROI Q&A

February 16, 2021 8:12 pm

Why are SA businesses not realising ROI from their GRC initiatives? In order for an organisation to realise a ROI on GRC, the GRC process must add value by being a business enabler, providing up to date meaningful business intelligence (facilitating business decision making) as well as drive a culture of continuous monitoring and improvement. Failing this, GRC becomes a compliance tick box exercise with no real buy in from the top which in turn means no buy-in at the lower levels of the organisation. Some of the reasons why SA businesses are not realising ROI from their GRC initiatives... Read more

Demystifying Risk Management

April 1, 2015 11:59 am

There is a lot of debate (and often emotional debate) within the risk management fraternity surrounding various topics – from COSO framework versus the ISO31000 standard, to risk appetite versus risk tolerance, to how risks are rated (rating scales, calculations, inherent, residual, exposure, velocity, qualitative, quantitative, weighted at each business unit, monte carlo simulation etc.). As risk practitioners we are often so busy with the technical debate that we can’t see the ‘wood for the trees’ and lose sight of our main objective, which is to ‘sell’, evangelise and demonstrate the value of risk management to our board, management, our... Read more