Risk management

Free SWOT Analysis Template

From here you can download a free SWOT analysis template to download. Below we explain: What a SWOT analysis is How to use the Template And you can download the template at the foot of this post. ________________________________________________________________________________________________ [su_box title="About the Author" box_color="#020a4a"]Michael Is a professionally qualified risk management expert

Read more
Some Easy Ways to Improve Risk Management

[su_box title="About the Author" box_color="#020a4a"]Michael Is a professionally qualified risk management expert and has many years' experience supporting, developing and improving effective risk management systems. He has worked in this field in the public, private and charity sectors including at Board level. This experience has made him the ideal lead

Read more
The Risk Management Cycle

The risk management cycle helps organisations manage the risks that are an inherent part of any business or organisational activity. From financial instability and operational disruptions to regulatory compliance and cybersecurity threats, risks can emerge in various forms. Effective risk management ensures that businesses can anticipate, assess, and mitigate potential

Read more
KPIs for Risk Management

Key Performance Indicators, or KPIs for risk management are important because without them risk management cannot be measured or improved. In this article we will explore important KPIs and how you can apply them. ________________________________________________________________________________________________ [su_box title="About the Author" box_color="#020a4a"]Michael Is a professionally qualified risk management expert and has many

Read more
SWOT Analysis for Risk Management

What is a SWOT Analysis? It is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Here's a breakdown of each component: Strengths: Internal attributes of the organisation that give it an advantage over others..

Read more
The Risk Register and Board Assurance Framework

Effective risk management is crucial to an organisation’s success. Two tools that help deliver this are the Risk Register and the Board Assurance Framework (BAF). Though they may appear similar, they serve distinct functions and cater to different aspects of an organisation’s risk management strategy. Understanding their purpose, and the

Read more
Risk Factors and How to Define Them

Understanding risk and risk factors is more essential than ever before. Risk affects every aspect of life and business, influencing decisions, outcomes, and the trajectory of entire industries. As the frequency and severity of unexpected events rise, the ability to identify and comprehend the factors that generate risk has become

Read more
Risk Managers and Risk Owners

Risk managers and risk owners both have crucial roles in effective risk management. Risk management is an essential aspect of effective governance, ensuring that potential threats are identified, assessed, and mitigated to protect assets and achieve strategic objectives. Two pivotal roles within this framework are those of risk managers and

Read more
Identifying and Managing Issues

Managing issues and risk management are key parts of successful business operations and management. As part of this, understanding the distinction between risks and issues is important. While both concepts are integral to the health and success of a business, they demand different approaches and strategies. In this article we

Read more
Artificial Intelligence and Risk Management

Effective risk management is a core must-do for organisational success and resilience. With the rapid development of artificial intelligence (AI), businesses can now use it to enhance their risk management strategies. In this guide, we'll explore how AI can support and improve the management of risk. We will discuss the

Read more
The Hierarchy of Risk Controls

[su_box title="About the Author" box_color="#020a4a"]Michael Is a professionally qualified risk management expert and has many years' experience supporting, developing and improving effective risk management systems. He has worked in this field in the public, private and charity sectors including at Board level. This experience has made him the ideal lead

Read more
Top Five Risk Management Mistakes

Risk management mistakes are easy to make, but also easy to avoid if you know how. In this article we will explore the main mistakes organisations make with risk management and ways to avoid them. Contents What is Risk Management? Top Risk Management Mistakes Lack of Strategic Integration Focussing on

Read more