By Andrew Mercker |
The gambling and gaming industry is built on taking risks. The thrill and excitement based on calculated risk taking & skilful gaming has fuelled a booming market: the global gambling and gaming industry is projected to reach $876 billion by 2026. But this growth would be impossible without a contrasting approach to risk-taking by the … Continued
By Andrew Mercker |
So often negative perceptions about risk management have needed to change. It’s astonishing how many C-suite executives still see risk management as a mandatory checkbox-ticking exercise by a department whose function it is to aggregate risk data and generate reports on it. The Risk management function historically focused on responding to issues, developing worst-case scenarios, … Continued
By Andrew Mercker |
Financial institutions are under mounting pressure to improve their credibility when it comes to regulatory compliance and governance issues. Thanks to the COVID-19 pandemic, and numerous factors preceding it, the finance sector continues to face evolving regulatory challenges during 2021 and beyond. As the rest of the world settles into the new normal, financial institutions need to rethink their … Continued
By Andrew Mercker |
There’s a common misconception when businesses are implementing a new Governance, Risk and Compliance (GRC) software solution that customization is the only answer to build a solution capable of meeting their unique requirements. This flawed view overlooks another option that allows them to make alterations in a robust, scalable, and dependable manner: configuration. But what’s … Continued
By Andrew Mercker |
We seem to be living in a golden age of software. Applications have rendered almost every business function a more-efficient one, more consistent in following best practices, and more capable of producing data-rich reporting for executive decision-making. If you started a new job, you would most likely be surprised if they were not using a … Continued
By Andrew Mercker |
2020 was a year like no other, and now retailers the world over are reckoning with re-emergence from the pandemic. They’re relinquishing the illusion that retail will ever return to 2019 conditions, but they know 2020 isn’t predictive of retail’s future, either. Consumer behaviour has changed forever. Initially, pandemic conditions shocked consumers into new shopping … Continued
By Andrew Mercker |
In the modern business world, where doing things holistically is a Board directive, adopting an enterprise-wide approach to managing governance, risk and compliance (GRC) is a no-brainer. Unlike other business philosophies that have come and gone, this is no fad; it is a forward-thinking way of working that has taken root across industries. Unfortunately, organisations … Continued
By Andrew Mercker |
A quick check of the global pharmaceutical (pharma) industry’s temperature shows that it is in good health: worth approximately $934.8 billion in 2017, it is estimated to reach over $1,170 billion this year. This encouraging prognosis has been aided by several factors – from rising incomes and enhanced medical infrastructures to rapid advancements in the … Continued
By Andrew Mercker |
When looking ahead through 2021, it’s understandable that business leaders around the globe will be feeling apprehensive about locking in their strategic plans. While most businesses traditionally look to set strategy and a roadmap at the beginning of the year, now is the time to consider a new perspective – a fresh take that supports … Continued
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