Author: Peter Chisambara

How Cognitive Biases Affect Risk Perception

Risk Management

How Cognitive Biases Affect Risk Perception

The basis for effective risk management is helping decision-makers running the business make informed decisions under uncertainty that enhance enterprise performance. But what happens if this decision support process is riddled with significant cognitive biases? Simple answer: suboptimal decision-making. Cognitive biases or flaws in thinking or judgment influence our decisions and beliefs and are an read more

How Effective is Your Organization’s Risk Management Approach?

Risk Management

How Effective is Your Organization’s Risk Management Approach?

In an increasingly uncertain and competitive environment, what role is risk management playing in your business? Is risk management focused primarily on the downside vs the upside? Effective risk management considers both threats and opportunities to achieving business performance objectives and is integrated with key decision-making processes across the enterprise. Risk lists alone do not read more

Big Data, Insights and Decision Making

Reporting and Analytics

Big Data, Insights and Decision Making

Today, we are living through an explosion in the amount and quality of all kinds of available information. Society is facing a deluge of data and there isn’t even a slight indication that this information glut will soon be halted. The below statistics on data creation evidently highlight the fact that no one is going read more

Reimagining Forecasting in Uncertain Times

One of the key purposes of forecasting is to help organizations continuously anticipate
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The Art of Risk Management

This is the title of the article by BCG published a few years
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Leading in Uncertain Times

One of the biggest challenges facing business leaders today is making the right
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The Collaborative Organization
The Collaborative Organization

These days the term collaboration has become synonymous with organizational culture, creativity, innovation,
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Preparing for Geopolitical Shocks
Preparing for Geopolitical Shocks

Geopolitical instability has steadily increased over the past years, and uncertainty in the
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The Resilient Organization
The Resilient Organization

If the past few years have taught us anything, it’s the certainty of
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