GAFM Articles

Creating the pathway for corporate change (December 2006) | Risk Management
by Michael Vincent

Risk is moving up the corporate agenda because of compliance issues, business risk is a matter of judgment and perspective, different stakeholders in a business see the approach to risk and its management differently. Risk and its management must be seen as a positive for a business as well as a potential negative. Too often we tend to dwell on the negatives and at times therefore missed opportunities abound. ...[ Read More ]

An understanding of the benefits of managing risk - Seven's model September 2001 : Dearft 1 (December 2006) | Risk Management
by Michael Vincent

Two months ago we started our examination of the seven “S” model, now at last we can complete this area and start to use it as a risk management tool. We were interrupted because of the great news from the AIRM about the CPRM and my need to get the concept of stakeholder value rather than shareholder value into our view of the intrinsic valuation of a successful business. ...[ Read More ]

An understanding of the benefits of managing risk - Seven's model September 2001 I (December 2006) | Risk Management
by Michael Vincent

If this is so then we need to be looking to a successful future with positive elements factored in to the process of risk management. Indeed we should consult our grammar checker and maybe change our thinking to the management of risk rather than risk management. A subtle but profound shift in attitude occurs when the words are swapped ...[ Read More ]

Steps for risk investigation (December 2006) | Risk Management
by Michael Vincent

Boards, Audit Committees and general management should utilise the following steps to facilitate risk and its management. Ernst and Young have undertaken a study that demonstrates the factors. ...[ Read More ]

The Business Structure of the Future (December 2006) | Risk Management
by Michael Vincent

Risk management as a culture and process is evolving within learning organisations to fill the void left by the elimination of middle management. The only way for this to occur is for individuals to be skilled and the organisation to respect the quest for knowledge ...[ Read More ]