Boards focus on skills for technological innovation
Enterprise Risk News
by Arthur Piper
2w ago
Boards are seeking to acquire or boost their skills on corporate strategy (30 per cent) and technology implementation (31 per cent) – tied with industry specialisation – as emerging technologies pave a path to growth, according to the 2024 BDO board survey. In addition, 27 per cent said they were looking to increase cybersecurity skills as ..read more
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The vulnerability of the UK’s undersea critical national infrastructure
Enterprise Risk News
by Editor
3w ago
Dr Robert James Chapman, Dr Chapman and Associates Ltd, January 2025Can be contacted at: DrChapmanAssociates@outlook.com Introduction On 25 December 2024 Finland’s electricity transmission operator Fingrid reported that their 106-mile Estlink 2 cable connection between Finland and Estonia had been disconnected and in all probability deliberately sabotaged. On the same day the Finnish telecommunications and digital ..read more
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US executives fear recession
Enterprise Risk News
by Arthur Piper
3w ago
A growing number of US executives said that they feared recession no matter who won the recent presidential election, according to PWC’s pulse survey. Even though the Federal Reserve cut interest rates in September and inflation is low, 61 per cent of respondents agreed that the US economy would experience recession in the coming six months, compared with ..read more
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Organisations restricting use of social media
Enterprise Risk News
by Arthur Piper
1M ago
The Guardian newspaper in the UK is the latest in a line of organisations that have either quit social media platforms or reassessed the way that they and their staff use them.  In November 2024, the Guardian announced that it would no longer have an official presence on X, formerly Twitter, saying it had become a “toxic ..read more
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Enterprise Risk Magazine – Winter 2024 Edition
Enterprise Risk News
by Editor
2M ago
The ‘Winter 2024’ edition of the Enterprise Risk magazine is available to read here. Download Link ..read more
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Operational Resilience in the UK Financial Sector – Practical Guidance
Enterprise Risk News
by Editor
3M ago
The Practical Guidance is available to read here. Download Link ..read more
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Financial markets need rewriting for net zero
Enterprise Risk News
by Arthur Piper
3M ago
While many organisations are investing heavily in net zero initiatives, the investment case is not well-understood and insufficient capital flows are slowing down the scale and speed of transition, according to the Business breakthrough barometer. “We need a fundamental rewiring of the financial markets to tilt their capital allocation and valuation incentives toward the scaling of ..read more
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EU risk preparedness outpaced by potential threats
Enterprise Risk News
by Arthur Piper
3M ago
While the European Union (EU) is more prepared to deal with major crises than it was five years ago, the complex risk landscape has outpaced the body’s speed in dealing with them, according to a report published by the European Commission (EC).  While risks such as climate change and war affect the whole of region, report ..read more
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CROs focused on short-term initiatives
Enterprise Risk News
by Arthur Piper
3M ago
Chief risk officers (CROs) said they were more involved in supporting their organisations’ short-term goals for innovation and growth rather than longer-term strategies, according to a study by the World Economic Forum. For example, 81 per cent of CROs said that they were focused on exploring new partnerships and alliances for their organisations today, compared with ..read more
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Top risk categories relatively stable
Enterprise Risk News
by Arthur Piper
3M ago
Climate change, cybersecurity, geopolitical stability and other key risks have remained at the top of insurance survey rankings over the past four to five years, according to Axa future risk report 2024. Climate change, for example, has been the number one risk organisations say they face since 2021. And even though recently there has been a ..read more
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