Condolences to the family, friends, and colleagues of those who lost their lives in this catastrophe. The best way for the leaders of these institutions to honor those lives lost is not by talking but by acting. There is a maxim that says: “the uninspected usually deteriorates”. There are risks and hazards (and they are not always the same) that may…
The “silver lining” of the Covid-19 crisis is the new insights that have emerged to aid organizations in transforming for stronger performance through effective risk management. Risk programs must become more closely aligned with resilience and strategic objectives, so that businesses will be better prepared to respond quickly to the next crisis. Meanwhile, as the…
If the one of the greatest risks to any organization is their people (decision makers/employee) risk, why then are we not putting more emphasis on mitigating that risk, especially given the new construct of employee engagement deployed because of and during the pandemic. Think: WFH, hybrid work hours, stress management etc.
The ISO 31000 risk management standard and the NIST Cybersecurity frameworks among others, have adopted new guidance that suggest considerations into behavioral factors must be included and considered during risk assessments. Human behavior is identified as the weakest link in risk management and security. Human factor risks will continue to increase in the fast-paced digital…
Demonstrating the management ethos that contributed to his recent induction as a Fellow of the Caribbean Risk Management Academy, the Minister of Public Utilities in Trinidad and Tobago identifies and prepares to act regarding the people risks at the organizations within his portfolio. Visit the website to read the full story published in the Trinidad…
