Enterprise Risk Management (ERM) is a relatively new concept (been around 10-12 years). It is a top down approach to business system management and execution It is a risk-based problem solving and decision-making process. Everything is looked through a risk prism. Continue reading
How quickly one’s idea of what’s important can change. The shift of focus of this weekly series of articles from general principles of healthy living to the more immediate threat of a Covid-19 infection has now been superseded for me by rampant wildfires, one of which is on the move toward my house. My family and I bugged out, to what seems to be a safer location, at least for the present. Continue reading
Organisations exist in a dynamic world where business uncertainty and socio-political volatility can adversely affect their existence. The mass of data available and the contradictory interpretations that can be made add ambiguity and complexity to the mix. Our modern day organisations, or at least their management or leadership team realise, or should realise, that their operating environments are changing and, in order to adapt and survive, they too need to change. Continue reading
The world has the opportunity to change the paradigm and create a new framework of cooperation. COVID19 poses such a grave potential threat to health, peace, prosperity and stability for the world. A crisis following a disputed vaccine breakthrough would be a disaster. It would come just when the world urgently needs to address not only COVID19, but an array of shared problems ranging from climate change to geopolitical instability. Continue reading
Some people with a Covid-19 infection show no symptoms at all and after the disease runs its course, they recover and can no longer infect others. Some people do show symptoms, feel ill for weeks or months, and eventually recover. Other people become seriously ill, require hospitalization, and many of them die. Until recently, the prognosis for patients with serious disease, on mechanical ventilation or supplementary oxygen, has not been good. Continue reading