Surviving in a Volatile Environment
The Global Financial Crisis of 2007 and the resulting recession in a host of economies worldwide caught many businesses off guard. The impact was so bad that quite a number… Read more »
How To Manage Supply Chain Risks
The other day I was reading an article in the Financial Times on how a supplier strike resulted in Toyota shutting down one of its production sites. The article stated… Read more »
Integrating Operational Risk Management Across the Organization
Managing operational risk still remains one of the struggles faced by management. The era of managing business risk function by function is long gone. In today’s dynamic and competitive environment,… Read more »
Understanding Political Risk
The politics of a country certainly do have an effect on every business, whether small or large. Governments are always trying to implement policies that foster business and economic growth…. Read more »
Dealing With Fraud Risk
Since the onset of the global financial crisis in 2007, the number of fraud cases reported at work has risen and yet still many organisations are struggling to implement effective and efficient anti-fraud strategies. History has taught us that, lack of proper fraud detection and prevention systems and controls within the organisation, can actually bankrupt a business. In this article, I look at strategies that an organisation can use to keep ahead of fraudsters and also look at organisations that collapsed as a result of undetected fraud.