Time to scan for Emerging Risks
Directors and officers have a duty to address reasonably forseeable risks. They need to be satisfied that their risk framework, risk appetite and management reporting are appropriate for the circumstances. So what’s on the horizon that You need to consider? Data Privacy Act breaches – we know the impact that such breaches have had on […]
JNW Supports the Hawthorn Network
JNW is excited to be part of the Hawthorn Network. Managing Director, Jeff Webb, is an independent member of the HFC Governance, Risk, Integrity and Compliance Board Sub-committee and is always happy to assist businesses increase their strategic awareness of risks through these challenging times. https://www.linkedin.com/posts/jeffreydwebb_member-spotlight-jnw-strategic-consulting-activity-7170999781446545408–BBv?utm_source=share&utm_medium=member_desktop
What’s on your 2024 de-risk-mas list?
Do you feel “doing business” is harder post COVID? While prosperous, since 2021 there has been a constant shift of pressures: Pandemic business disruption Supply chain strains Cyber data hacks Rising cost of delivery and interest rates Attracting and retaining staff Regulatory changes Emergence of AI technology Geopolitical and climate events During the year, JNW […]
Recession Risk – Are You Prepared?
Recession Risk – Are You Prepared? With rising interest rates, supply chain and workforce issues and elevated inflation, operating costs are quickly and steeply increasing. A recent paper by Goldman Sachs (see attached) suggests the current risk of recession is around 25%, but if the US enters recession, the odds rise above 50%. Do you […]
Post COVID Controls HealthChecker
While there has been plenty of attention in the media regarding whistleblowers and the cost of fraud to businesses, what has not been a focus is the value of establishing a strong whistleblower framework within risk programs and corporate governance structures.
Preparing for High Consequence, Low Probability Risk Events
In light of the one in one hundred year Pandemic, and the ongoing unprecedented events such as supply chain issues, increasing energy costs, rising interest rates and staffing shortages, it is time for meaningful discussion about those High Consequence Low Probability incidents that could impact the achievement of your business’s strategic objectives. Whilst successful in […]
Federal Budget 2022-23 Snapshot
For small business, the Federal Budget does encourage digital adoption. It provides short term relief at the petrol bowzer and addresses cost of living stresses. Will it balance the need to continue economic growth without placing pressure on inflation and interest rates. Or is it focused on winning an election. Its time to consider the […]
Whistleblower Programs Add Value
While there has been plenty of attention in the media regarding whistleblowers and the cost of fraud to businesses, what has not been a focus is the value of establishing a strong whistleblower framework within risk programs and corporate governance structures.
Are you Prepared to Capture the Post Pandemic Growth?
Happy New Year. JNW is positive about 2021. As Victoria’s economy recovers from the impact of the coronavirus pandemic, now is the time to establish a strategic agenda to navigate out of the complexities of COVID and capitalise on the potential upside growth. To help, we thought we would share some of our learnings obtained […]
COVID Vaccine Rollout Risks – Don’t Pop the Corks Just Yet
https://www.theage.com.au/politics/federal/australia-s-vaccine-plan-under-a-cloud-following-new-european-export-rules-20210127-p56x7b.html With the roll out of the COVID-19 vaccines positively imminent, businesses still need to remain vigilant and nimble to respond to any timing set-backs. Presently it is envisaged that Australia’s vaccination program will be complete by October, which is great news for a “return to normal”. However, if you contemplate the global deployment risks […]
