No Images? Click Here

In this month's newsletter:

Latest BarnOwl Insight

The word “Mafia” is an informal term that is used to describe a network of organised crime organisations in both America and Italy. Until the mid-19th century Sicily was ruled by foreign invaders such as the Romans, Arabs and Spanish causing the island residents to form protection groups.

 

These groups eventually became known as families with their own secretive justice systems and they further developed into small private armies known as “mafie” who took the opportunity with all the chaos to start extorting money from landowners. This grew into the Sicilian Mafia as it is known today.

BarnOwl Info Sharing Insight

Thank you very much Christelle for your excellent presentation on ‘IRMSA South African Risk Report 2024/25)’ at the BarnOwl info-sharing event held on 26th September 2024. Thank you to all those who attended the session.

 

The annual IRMSA risk report has for many years identified the same or similar risks year on year. Sadly, almost all of the top risks have deteriorated over the past 10 years.

 

We needed a change of direction to avert a ‘failed state’ and the elections at the end of May 2024 brought one by ushering in a new Government of National Unity (GNU), which has injected much-needed confidence into the country.

Upcoming BarnOwl Spotlight Session 

BarnOwl invites you to our upcoming Spotlight Session where we will demonstrate how to get the most out of BarnOwl by taking advantage of BarnOwl’s ‘Open’ license, which is available to all users in your organisation at no cost. 

 

BarnOwl’s ‘Open’ (free) license enables all users to access various features at no cost, enabling you to embed risk management in your organisation cost effectively. 

 

Facilitator: Jade Hiralal

Date: 24th October 2024

Session: 09h00 - 10h30

Cost: Free
Venue: Complete the booking form here to receive the online Team link

BarnOwl Tip of the Month 

Did you know?

Don’t forget ‘garbage in = garbage out’. Excel is the perfect enabler for ‘garbage in’ through its ability to support non-structured, free-text data in any format.

The risk management function is there to facilitate risk management and not to administer and own the risks, controls, action plans, key indicators on behalf of the owners.

 

An automated system enables you to embed risk management in your organisation, create a culture of risk awareness, and assign ownership to where it belongs.

 

Spending your time doing administrative tasks by collating and formatting Excel manually to arrive at outdated (and probably erroneous) reports is not productive and adds little value at huge cost.

 

Providing up to date insightful reporting at the click of a button is key to effective risk management.