Current Economic Conditions and Strategic Risk Management

Strategic Risk Management > Best Practices > Current Economic Conditions and Strategic Risk Management

Current Economic Conditions and Strategic Risk Management
Nikhil, Business, India, Member
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?...Sign up

Current Economic Conditions and Strategic Risk Management
Augusto Carreira, Partner, Portugal, Member
I don't think this framework is applicable to the macro economic environment.
In fact if anythi...Sign up

Current Economic Conditions and SRM
Ahmad Azman, Manager, Malaysia, Member
Sometimes to overcome the crisis we can use intuition based on how we define the problems and experiences. Theories may help a lot....Sign up

Gary Monti, Consultant/Educator, United States, Member
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 ...Sign up

SRM in Small Areas
Firstep Eapl Astimen, Manager, Indonesia, Member
We can implement SRM in small areas like start / end analysis with 6 issues: Goals, Current Conditions, Strategy and Approach, Risk Mitigation, Action...Sign up

Humility and Bravery for Better Good of All
Kevin Rapp, United States, Member
Macro risk management is something that if regulated becomes what we have fought not to have. However, the individuals who fought for freedom knew the...Sign up

Willingness to Change
GIMENO, dirigeante, France, Member
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 of live, this way of live ...Sign up

Inspiration vs. Greed
Folkert Visser
Changing our way of life will be the turnkey. Inspiration is what we all need to work on. People acting by inspiration realise great things, not only ...Sign up

Risk Management Models are Contingent
bananigantayat, mba, India, Member
I think that risk managaement models or solutions are contingent in nature and approach....Sign up

How About Country Risk
Pam Davou, Analyst, Nigeria, Member
This article is extremely timely and useful in the light of increasing diversity of risk in today's business environment. In addition to the above, I ...Sign up

Role of Cognitive Biases
Jaap de Jonge, Editor, Netherlands
Our mind has a tendency (a cognitive bias) to over-estimate our level of control to influence outcomes w...Sign up

Strategic Risk Management (SRM)
Jeswan SinghPS, Engineer, Malaysia, Member
SRM includes initiatives that are evaluated during uncertain business times. When a major project gestation period is long, major political, social an...Sign up

Shift in Consciousness - Consumerism vs Cooperation
Irene Jurczyk
I read with interest the responses on SRM and was particularly struck by Folkert Visser's and Gimeno's comments. Is it time we reconsider the product...Sign up

Self Initiative
Kala Ganapathy, Teacher, Malaysia, Member
I think self initiative to accept and to learn the changes which occur in our modern situation is far more important. Changing the way we see things/s...Sign up

Planned SRM gives a Competitive Advantage
KHURSHID ALAM, Manager, India, Member
SRM is a vital tool for an organisation in the present scenario of market where on every step there is a risk. If someone is aware of the risk associ...Sign up

Standard Rules for Implementing Risk Management
Odink, Netherlands, Member
Last november ISO 31000 en ISO Guide 73 where published as standards in risk management. It covers rules and regulations concearning risk management, ...Sign up

h fotheringham, drilling consultant, United Kingdom, Member
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 needs / requirements do not re...Sign up

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