Newsroom | IRM India Affiliate

May 22, 2020

As we continue our fight with COVID-19 across the globe, we are confronted with the paradox of studying the past, to prepare for uncertainty and unexpected events in the future. At times like these, we must cultivate principles, tools, and techniques of risk management, business continuity, and crisis response that can be deployed to assist organisations in preparing and responding to situations like this. Below are a top 7 takeaways about mitigating risks from the pandemic:

June 01, 2020

Scenario planning is a technique used to map various possible situations, from high-probability to low-probability, that may impact an organisation, and to chart multiple courses of action accordingly.

June 11, 2020

A person who performs a certain function is valuable, but a person who understands risk in all its forms, and can successfully apply their understanding to the function to protect the organisation will be invaluable

June 16, 2020

As the world economy has been hit hard by the Covid-19 pandemic, organisations, especially, business enterprises are realising the importance of risk managers. Risk officers can help an organisation in framing and acting on the strategies to reduce and cope with the impact of an unforeseen threat similar to the one posed by the deadly coronavirus pandemic.

June 24, 2020

Ultimate cause is always the failure to anticipate a business risk and plan to mitigate its impact. In an increasingly global business scenario, opportunities and threats have both multiplied and it is no longer enough for companies to survive. They need to thrive, and successfully managing business risks is the only way to do that.

July 10, 2020

Investing money has forever been a risky business. There is always the possibility of adverse outcomes and this can be due to myriad permutations and combinations.

August 13, 2020

Whether it is turbulence or uncertainty; risk is inherently involved in every business scenario and hence, risk and risk literacy must become part of common business parlance

August 27, 2020

The present situation has served to drive home the knowledge that a threat may present itself without warning. It has taught us that risk is a constant, and that it affects every business in all aspects. Risk management is finally being understood to be of vital importance, and many organisations are shifting to adopt a much more risk-aware strategy and develop teams of risk professionals

August 28, 2020

Many companies across the globe are battling for survival by creating a risk-proof ecosystem and finding alternative avenues for business growth.

October 13, 2020

The business landscape, especially for startups, is fraught with risks. Therefore, it is de rigueur that they foster a robust risk culture to safeguard themselves against any threats or uncertainties.

January 04, 2021

Businesses should capitalize on the opportunity this year has provided, to evaluate how they fared in terms of risk management and achievement of business objectives

January 25, 2021

A career in Risk Management is in high demand now, thanks to the problems faced by the various industries due to Covid-19. Here are the degrees and certifications, skills required, growth prospects, career options and salaries in this field.

February 28, 2021

The coronavirus pandemic has reshaped workplaces and economies to focus on business survival and continuity, while strengthening resilience for the long term.

March 03, 2021

A diversified portfolio minimises risks while investing for the long-term. It allows for a certain amount of high-return investments by offsetting possible risks through more stable alternatives.

March 13, 2021

The author takes a look at what the entertainment sector can do to snap out of the slump brought about by the pandemic in 2020...

April 01, 2021

The most critical condition for opening up an educational campus is ensuring safe practices within the premises.

May 18, 2021

In a rapidly-changing economy, where businesses must deal with multiple emerging risks, it is critical to develop resilience through a strategically-embedded risk-aware culture in the organisation.

May 24, 2021

The increasing awareness of risk management also holds scope for risk professionals to establish their own ventures

May 26, 2021

A long-term investment plan is necessary for a secure future. Whether it is about creating a retirement plan or ensuring comfortable savings, it ensures that your money is secure and growing at a healthy rate

June 10, 2020

isk is critical to all entrepreneurial ventures. But there is a need to move from a pure compliance-based approach (to risk) to Enterprise Risk Management.

September 06, 2020

The ability to foresee and tackle risks will be sought-after; companies want to exit the crisis with fewer losses

September 16, 2020

The year 2020 which, ironically, also represents perfect hindsight, brought with it turmoil that shook up industries across the board. Nearly every sector experienced disruption and persisting challenges amidst the COVID-19 pandemic.

November 05, 2020

HR must move from a mere executor of orders, to a strategic agenda-setter and a sharp influencer. In the process, it will not just transform the organisation, but also its own identity and value in the company.

December 17, 2020

With the global pandemic increasing digitisation, ed-tech startups have re-vamped the way India studies, learns and grows

December 29, 2020

Ease of Doing Business for MSMEs: ERM should be a mandatory process for MSMEs, in order to improve their chances of sustained and successful longevity. However, it is often perceived simply as an added cost.

February 12, 2021

Hersh Shah, CEO, India Affiliate of Institute of Risk Management, UK, and Udai Chopra, Corporate Mentorship Board Member, IRM India and Head of Expansion and Special Projects at Meddo Health talk about how startups can leverage their strengths to navigate uncertainties and crises successfully.

April 23, 2021

While risk management is recognized as a critical function for organizational stability and growth, its importance in personal finance is less discussed

September 09, 2021

BCAS to offer a professional ERM education track to CAs through IRM qualifications

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