44 Barbwires of Enterprise Risk Management
15 years on, I’m still asking why quantitative ERM struggles to catch on in emerging markets like Malaysia — when capable executives still choose coloured heat maps over a 370-year-old science of uncertainty. The irony? The base tool for the upcoming IFRS S2 climate reporting is exactly that — ERM modelling. Now companies must quantify (or explain why they can’t) how climate-related risks and opportunities affect future financial prospects. Can ERM — in its current state — really handle...
A Simple Way to Understand Risk Management
Forget about textbooks, standards, and jargon. If you can grasp this, you’re ready to manage risks. The Elements of Risk Politics — Mass...
Winston Peng