Risks, like tsunamis, start as ripples far away; as they approach us they gather momentum, speed and force. A tsunami making land and causing devastation is a horrific reality; how well you monitor the ripples will decide your emergency plans.

Risk velocity is a relatively new concept within the risk management scene. It strays away from traditional “two-dimensional” risk management practices and offers an extra dimension for consideration: the speed at which risk impacts an organisation. Continue reading →