Friend-shoring and near-shoring are risk mitigation strategies that involve outsourcing business processes or functions to companies or individuals located in nearby countries or regions in order to increase risk resilience. These strategies can be used to reduce a variety of risks, including financial, legal, and operational risks. Friend-shoring refers to outsourcing to countries that are […]
Tag: risk mitigation
Economic and financial international risks
The outlook is full of uncertainty, volatility and persistent risk. This is partially due to the huge amounts of government spending all around the world over the last three years in response to the Covid pandemic. This debt burden and international risk will take decades to pay back. At the same time, we are experiencing underinvestment in several important areas, which means new risks to longer term growth.
Episode 37: with Jeff Da Costa discussing recent floods in Europe and climate change adaptation risks
Today’s guest is Jeff Da Costa. He is a PhD researcher in Hydrometeorology at the University of Reading in the UK and a PhD Fellow at RSS-Hydro in Luxembourg. Jeff’s research focuses on investigating the validity of linear solutions to complex risks. Today, Dominic and Jeff discuss the recent flooding in Europe that killed nearly 200 […]
An intersectional approach to security: What should risk managers be considering?
Workplaces are becoming more diverse and with this comes people with a variety of complex and diverse needs. We must acknowledge these differences and appreciate every individuals needs, struggles and risks. By doing so, we create an inclusive strategy that is intersectional in its approach. If we can achieve a process that is completely intersectional, we are ensuring the security of all personnel and are adequately acknowledging the fluidity and complexity of all people in our workplace.
An intersectional approach to security: What should risk managers be considering?
There are many risks posed to certain groups which are often overlooked. In order to ensure the safety of all personnel we should consider the individual needs, struggles and risks of all people. From this we can create an inclusive risk strategy that takes an intersectional approach to security.
The Checklist: The best risk mitigation tool in aviation
The checklist is the aviation industry’s best risk mitigation tool that we should all be adopting in our business operations to reduce risk.
Creating mentally healthy workplaces
The importance of creating mentally healthy workplaces for ethical, economical and sustainable companies. Reduce risk, increase opportunities.