GAFM Articles

The Dimensions of Risk Management - CPRM March 2002 (December 2006) | Risk Management
by Michael Vincent

The aim of the first weekend activity for the CPRM was to set a minimum hurdle for the Institute to move to certification of the individual participants, it set a benchmark of language and culture so that risk managers from all professions attending both public and private could understand one another. All three groups had a different identity and personality based on the individuals and locations, however the real thrill for the panel of presenters was that by different paths and discussions all activities ended at the same point in the acceptance of risk and the understanding of ownership by all in an inclusive not exclusive way. ...[ Read More ]

The Dimensions of Risk Management : The Year 2000 in Review (December 2006) | Risk Management
by Michael Vincent

Risk management is still in the process of becoming a core business activity, ever year the interest increases. However the profession is blurred because of the inability of risk practitioners to understand and encompass an integrated viewpoint. ...[ Read More ]

The Dimensions of Risk Management : The Stupidity of Downsizing – in order to meet Corporate Ratios (December 2006) | Risk Management
by Michael Vincent

Risk managers need to be aware of likely reactions from corporations who are striving to make themselves a viable investment vehicle for the institutional investor. The institutional investor is in its pure form essential for the corporate as they provide essential liquidity to the investment market. However it is the way corporations react that makes the market an inhibitor to individual corporate growth, if not the whole market. ...[ Read More ]

The Final Word : December 2003 (December 2006) | Risk Management
by Michael Vincent

The insurance purchasing decision is vital to the risk management function within the firm, indeed it is an outcome of good risk management and one of the five major methods of risk transfer. The industry needs to design the right products that fit the needs of the market today, a large proportion of insurance products on sale are out of date and rely on out of date for pricing and implementation. ...[ Read More ]

The Final Word : Governance April 2004 (December 2006) | Risk Management
by Michael Vincent

There are some studies in the USA that look at the statements made by business and the outcomes achieved by the same businesses. The outcomes of these research projects indicate a direct correlation between statements and performance, in other words the more a company promises the less likely it is that they will deliver on their promises or statements. ...[ Read More ]