SAMI have long advocated the development of Adaptive Plans as a means of developing “robust decisions in uncertain times”. The concept is explained in a blogpost from January 2023 –…
Category: Risk Management
New National Risk Register announced.
The Government has formally announced and published an updated version of the National Risk Register. It is the external version of the National Security Risk Assessment, and provides the government’s…
What Is Cutting UK Productivity?
Written by Gill Ringland, Ed Steinmueller & Patricia Lustig, this blog first appeared at the end of June as a Pamphleteer in the Long Finance series, https://www.longfinance.net/news/pamphleteers/what-is-cutting-uk-productivity/ In “Global Risk –…
Flooding London, TRLs, and Need.
The Environment Agency has decided to improve London’s tidal defences by 2050 – 15 years earlier than anticipated. Sea levels are expected to rise by a metre by 2100. And…
How ‘risk blindness’ threatens the effectiveness of board decisions
A board’s highly sophisticated procedure for making risk decisions can often be undermined by a failure to identify risk in the first place. While behavioural economics aims to understand why…
Ten global risk scenarios
Each year the Economist Intelligence Unit (EIU) compiles a list of what it sees as the top ten global risk scenarios that could reshape the global economy in the coming…