In my online class at Harvard University, I teach my students how organizations create their strategic objectives from their mission statement, whether this is done explicitly or implicitly. Risk can be defined as the “effects of uncertainty” on setting and achieving their strategic objectives. These “effects of uncertainty” are a deviation from what is expected in an organization’s internal and external context (Clause 4.1) of every new and revised ISO management system standard. Continue reading
Category Archives: CSR@Risk™
#156 – ISO 14001 CHANGES – MILT DENTCH
Featured
What are the key changes in ISO 14001:2015?
Organizations currently certified to ISO14001: 2004 will need to address the new (or expanded) requirements of ISO14001: 2015 with the following general groupings:
- Understanding the context of the organization and expectations of interested parties
- The integration of the environmental management system (EMS) requirements into the organization’s business processes
- Actions to address risks and opportunities
- Expanded top management commitment
- Expanded definition of Operational Controls
#154 – ROBOTICS, TRADE, JOBS, AND WHOSE RESPONSIBILITY – DR. MICHAEL HOPKINS
Featured
The question of technology replacing jobs has a long history. Perhaps the most famous was the notorious so-called half-wit Ned Ludd who led a movement to destroy cotton making machines in 17 th Century Britain. That incident led to a movement called Luddites. They were much criticised as being in the way of progress. Yet Luddites appear often in contemporary society – most notably Donald Trump during his 2016 USA Presidential bid. The consequence of Trump Luddism, echoed by Bernie Sanders on the left of the bid, has also led to a huge attack on trade and implicitly technological progress itself. Continue reading
#150 – SOCIAL RESPONSIBILITY IS THE NEW BLACK IN RISK – GREG CARROLL
Featured
Even more than reputational risk or cyber risk, social unrest is lining up to be a greater disrupter than any other issue. From Brexit to ISIS to race relations, civil unrest is shaping up to have a profound impact on business. For the management of uncertainty on business objectives to be truly effective then risk needs to also include all items that disrupt the marketplace. As such, Social Responsibility is the primary strategy to ensure business resilience. Continue reading
#150 – CSR THE NEW WAY … WAS I WRONG? – DR. MICHAEL HOPKINS
Featured
… in Europe and, as we can see, in the US too. Entirely false promises are being made, but this is a fantasy that comforts many. It is a fantasy of withdrawal from a globalised world, stopping the free movement of people and labour. The real challenge for anyone vaguely liberal/left is to counter this, not with some old-school internationalist vision, but with something that is both local and modern, that accepts there is anxiety instead of telling people they are simply wrong and stupid to feel it, or that it is some kind of false consciousness.
Continue reading