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 […]

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 […]

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 […]