|
Nikhil
Business, India
|
Current Economic Conditions and Strategic Risk Management
How can we explain the current recession in the light of SRM? Which of above categories does this period fit into?
Does this come under uncertainties clause? How can we include risk solutions to prevent this situation from happening again?
X
Welcome to the Strategic Risk Management best practices. The topic being discussed here is: "Current Economic Conditions and Strategic Risk Management".
Will you join us? It's free.
Log in
| |
|
Augusto Carreira
Partner, Portugal
|
|
Current Economic Conditions and Strategic Risk Management
I don't think this framework is applicable to the macro economic environment.
In fact if anything can be said about it is that there was no risk management at all specially by the real estate and derivatives specialist firms.
|
| |
|
Ahmad Azman
Manager, Malaysia
|
|
Current Economic Conditions and SRM
Sometimes to overcome the crisis we can use intuition based on how we define the problems and experiences. Theories may help a lot.
|
| |
|
Gary Monti
Consultant/Educator, United States
|
|
Greed
I agree with Augusto. There was no risk management. That requires humility (a sense of limit), which is a key part of risk management. Greed knows no such limit.
|
| |
|
Firstep Eapl Astimen
Manager, Indonesia
|
|
SRM in Small Areas
We can implement SRM in small areas like start / end analysis with 6 issues: Goals, Current Conditions, Strategy and App...
|
| |
|
Kevin Rapp, USA
|
|
Humility and Bravery for Better Good of All
Macro risk management is something that if regulated becomes what we have fought not to have. However, the individuals w...
|
| |
|
GIMENO
dirigeante, France
|
|
Willingness to Change
May be the way to prepare for the future and a way to face the crisis is to prepare people to move, to change.
Our way ...
|
| |
|
Folkert Visser, Netherlands
|
|
Inspiration vs. Greed
Changing our way of life will be the turnkey. Inspiration is what we all need to work on. People acting by inspiration r...
|
| |
|
bananigantayat
mba, India
|
|
Risk Management Models are Contingent
I think that risk managaement models or solutions are contingent in nature and approach....
|
| |
|
Pam Davou
Analyst, Nigeria
|
|
How About Country Risk
This article is extremely timely and useful in the light of increasing diversity of risk in today's business environment...
|
| |
|
Jaap de Jonge
Editor, Netherlands
|
|
Role of Cognitive Biases
Our mind has a tendency (a cognitive bias) to over-estimate our level of control to influence outcomes which in reality ...
|
| |
|
Jeswan SinghPS
Engineer, Malaysia
|
|
Strategic Risk Management (SRM)
SRM includes initiatives that are evaluated during uncertain business times. When a major project gestation period is lo...
|
| |
|
Irene Jurczyk, USA
|
|
Shift in Consciousness - Consumerism vs Cooperation
I read with interest the responses on SRM and was particularly struck by Folkert Visser's and Gimeno's comments. Is it ...
|
| |
|
Kala Ganapathy
Teacher, Malaysia
|
|
Self Initiative
I think self initiative to accept and to learn the changes which occur in our modern situation is far more important. Ch...
|
| |
|
KHURSHID ALAM
Manager, India
|
|
Planned SRM gives a Competitive Advantage
SRM is a vital tool for an organisation in the present scenario of market where on every step there is a risk. If someo...
|
| |
|
Odink
Netherlands
|
|
Standard Rules for Implementing Risk Management
Last november ISO 31000 en ISO Guide 73 where published as standards in risk management. It covers rules and regulations...
|
| |
|
h fotheringham
drilling consultant, United Kingdom
|
|
SRM
There has to be a starting point and a benchmark for reality, if SRM works then well and good. If not modify it to your ...
|
|
|
|
|
More on Strategic Risk Management:
|
|
|
|
|
|
|
|
|
Log in