Current Economic Conditions and Strategic Risk Management

Strategic Risk Management
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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?


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


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 Conditio... Sign up

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. Howeve... Sign up

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, ... Sign up

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 act... Sign up

mba, India

Risk Management Models are Contingent

I think that risk managaement models or solutions are contingent in nature and approach.... Sign up

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 ... Sign up

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 outcom... Sign up

Jeswan SinghPS
Engineer, Malaysia

Strategic Risk Management (SRM)

SRM includes initiatives that are evaluated during uncertain business times. When a major project ge... Sign up

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... Sign up

Kala Ganapathy
Teacher, Malaysia

Self Initiative

I think self initiative to accept and to learn the changes which occur in our modern situation is fa... Sign up

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... Sign up


Standard Rules for Implementing Risk Management

Last november ISO 31000 en ISO Guide 73 where published as standards in risk management. It covers r... Sign up

h fotheringham
drilling consultant, United Kingdom


There has to be a starting point and a benchmark for reality, if SRM works then well and good. If no... Sign up


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