The Rise of the Risk Manager and the Tools They Use to Predict Risk

By Daniel Kandola |

Has it taken the worst public health crisis in modern history for businesses to realise the value of risk management? Amid enforced homeworking, strangled supply chains and heightened cyber threats, many organisations became acutely aware that they were underprepared for a black swan event. This realisation that contingency planning is a vital element of business … Continued

Let’s Talk About UK SOX

By Daniel Kandola |

What UK SOX Will Mean for UK Businesses and GRC Professionals 2016 saw the insolvency of British Homes Stores. Carillion suffered the same fate in 2018. In 2019, the Financial Reporting Council (FRC) warned the UK’s eight largest audit firms to act swiftly to improve audit quality; by 2020, it found one third of all … Continued

Accountability in the financial services sector: time to toughen up!

By Daniel Kandola |

We hear a lot about the ‘risk landscape’: a turbulent place where change lurks around almost every corner and variables abound. This powerful metaphor brings to life the need for firms in the financial services sector to navigate through the risks and pitfalls between where they currently are as an enterprise, and where they should … Continued

The cost of keeping risk and strategy separate is often success.

By Daniel Kandola |

It might sound extreme, but the cost of keeping risk management and corporate strategy separate can be the success of your organisation. All too often the senior team focus on setting the big picture strategy, with risk and compliance working at a purely operational level. Here at Camms we have been working over the last … Continued

Brexit Deal or No Deal: The Impact on Organisational Risk and Resilience

By Daniel Kandola |

The Brexit process is not known for its rapid progress. Erstwhile PM, David Cameron announced the EU referendum would happen way back in February 2016, but Brexit didn’t become reality until January 2020 – following two general elections, three PMs and seemingly endless uncertainty. Anyone who thought this would signal a bright new future overnight … Continued

Transport and Logistics: The tipping point of 2020 for organisational resilience

By Daniel Kandola |

Transferring products from A to B quickly and efficiently is the name of the game in the constantly moving world of transportation and logistics. Unfortunately, a myriad of variables means this process is rarely as easy as ABC at the best of times – and 2020 is proving more algebra than alphabet. Navigating a clear … Continued

Public Sector: The tipping point of 2020 for organisational resilience

By Daniel Kandola |

The rapid spread of the COVID-19 pandemic has completely blindsided society in 2020, with devastating effect. But was this cataclysmic event a black swan? It appears not. According to the National Risk Register – an overview of the risks of major emergencies that could impact the UK in the next five years – the threat of … Continued

Defence Sector: The tipping point of 2020 for organisational resilience

By Daniel Kandola |

What a difference a year can make. Cast your mind back to 2019: the global defence sector was on the offensive due to budget increases and military modernisation was the plan of attack, as growing security concerns forced governments to invest heavily in new equipment. So much so that international defence expenditure was forecast to … Continued

Financial Services Sector: The tipping point of 2020 for organisational resilience

By Daniel Kandola |

Successful organisational resilience relies heavily on the four sights: insight, foresight, oversight and hindsight. Unfortunately, anticipating and preparing for sudden disruptions is not an exact science –despite our best efforts, we can’t always accurately predict everything that will happen or be needed in the future. Take the medium-term trends forecasted by Deloitte for the financial services … Continued