Blogs

At Imergo, we often find that the language of risk can be off-putting. The following content may help those new to the area of risk management in understanding this field of knowledge better. Appetite: This is the amount of risk that the board of an organisation is prepared to accept. It is a fundamental principle […]

If you want to manage risk, think like a weather forecaster. Thermometer or barometer? How do you manage risk? Many organisations employ the ‘thermometer approach’: working with what has happened, or at best, the latest position – however, this simply identifies what the ‘organisational weather’ is right now. The ‘barometer approach’ challenges you to look

Stories and narratives within organisations provide many of the features of traditional management controls but they usually go unused; organisations are missing out on this valuable source of information and the opportunity to understand their workplace better.

Established approaches for identifying and reporting risk do not serve organisations well when significant or disruptive developments occur that are outside the usual ways of measuring and managing risk. A new way of thinking is needed.

It was a few years ago on a Tuesday afternoon in April when ‘nothing’ happened. I was working at a national charity and everything seemed normal. Everyone was going about their business: Our frontline staff were delivering services; Our volunteers were giving their time and help; Our fundraisers were raising funds and our supporters were

I may be the only one (but I doubt it) who has arrived for a meeting with a colleague to discuss risk and find a disengaged individual sat across from me… ground down by risk registers, appetite statements, risk policies and procedures when there’s a day job to do. Risk is a live and real

Technology and thinking in business have moved on but the trusty risk register hasn’t. There are lessons that can be learnt and applied from wearable technology.

We are surrounded by examples, which offer an insight into how we can design our approach to identifying and responding to strategic risks.