RSKReview - We Talk Risk: Recent Episodes
Nicole
RSKReview is a podcast where we talk all things risk.It is our aim to keep risk practical, insightful and fun.
Fred Lutz - Growth Product Manager, VoxCroft
We speak with Fred Lutz from VoxCroft where we discuss real time risk monitoring and analytics, artificial intelligence and the importance of insights to mitigate risk. We also unpack opensource intelligence, what it is and how it will contribute to the future management of risk. We also look at what social media monitoring can tell us, data security and cyber breaches, sentiment tracking, the role of humans in this digital age and how organisations should be leveraging technology. You won’t want to miss this jam packed episode.
Tim Johnson – Owner and Director, Rapid Global
‘We need to be more sophisticated with our systems and management of data’
We speak with Tim Johnson from Rapid Global about the evolution of Risk technology and how technical advancements offer Risk Managers and Executives better quality information to improve decision making and improve Risk Management programmes. We discuss the increased dependency on third parties and supply chain, the role of company culture in the change management process, the rate of adoption to new technology and the risks organisations face by not embracing technology.
Rina Singh (MBCI) – Founder, RESILIENCEPOD Podcast
We speak with Rina Singh where she talks about the challenges of embedding and raising awareness of Business Continuity. Rina shares her top tips on how to successfully embed Business Continuity Awareness into any organisation, including critical considerations when designing BCM awareness and how to align your awareness strategy with organisational maturity and culture. Rina also shares success stories, unpacks quick wins that will garner buy-in and shares how to start raising awareness of BCM within your organisation.
Jason Smith – Principal Risk Consultant and Founder, Risicare Consulting & Director, RMIA
‘Make it your business to understand business’ – The risk role of the future is evolving to an advisory function, therefore how do we cultivate risk managers of the future, break down silos and navigate across ecosystems? In this episode we look at the importance of collaboration in risk teams, the value of scenario testing and what the CRO of the future looks like. We unpack the value of leveraging strategic engagement and technology and the skills and mindset required to navigate these uncertain and changing times.
Jaco Voigt – Chief Executive Officer, TeleMasters Holdings Limited
‘It’s never too big to fail’ – The Information, Communication and Technology (ICT) landscape is developing at a rapid pace and leadership need to understand their responsibility in knowing what questions to ask. We speak with Jaco Voigt from TeleMasters Holdings to unpack the importance of ICT in business and how it should be seen as a strategic enabler. We look at the risk’s organisations are exposed to, the importance of an independent view as well as the bigger ecosystem ICT operates in. Future proofing your business and leveraging off opportunities available as a result of ICT is more important than ever before.
Joyce Nkini-Iwisi – Director: Investigations & Forensic Accounting, Control Risks
How prepared are we at the moment to navigate the storm? Joyce Nkini-Iwisi shares Control Risk’s unique approach to identify some of the top global risks, such as leaders without strategy, economic and political paralysis, cyber security and USA and China relations. We look at the major vulnerabilities organisations are currently facing and how the impact of the pandemic will continue to be felt, from the new way of work causing a lack of oversight which fosters corruption to an increase in crime and social unrest. If us as risk managers are to play a role in navigating these uncertain times by supporting leaders, we need to equip them by ensuring that the systems we have in place are robust and tested and that we are aware of what is happening globally in order to prepare for the future.
Catherine Wijnberg – CEO, Fetola Business Growth Professionals
‘There is a difference between taking risks and gambling.’
The world is moving so fast, that it is not the time to be cautious - We need to create a culture of encouraging courage. We speak with Catherine Wijnberg, CEO of Fetola Business Growth Professionals, where we unpack the risks you need to manage as a small business, the skills entrepreneurs of the future require, and she shares her tips for thriving in these uncertain times. In times of rapid change, small businesses have the opportunity to thrive, as they are more agile - that is why they have the unique opportunity to craft businesses that fully engage with their purpose.
Mark Armour – Global Business Continuity Director, Brink’s Inc
Adaptive Business Continuity is an alternative approach to business continuity management, based on the belief that the practices of traditional BCM have become increasingly ineffective. With business practices evolving and improving over the past decade, so does our approach to business continuity. It is no longer sufficient to develop static plans and processes aligned to traditional methodology – We now need to develop plans that are agile, robust and that can be embedded into business to improve resilience and enhance organisational preparedness.
Dr Anthony Valsamakis – Risk Management Consultant and CEO, Eikos Risk Capital
As one of the pioneers of modern risk management, we discuss the development of the cell captive concept, the writing of the iconic risk management handbook and the founding of Guardrisk. We unpack continually developing concepts such as Insurance as a capital provider, probability of loss and the scientific approach to risk and insurance. In addition, we will discuss the current risk and insurance landscape and trends during Covid-19 and the future of insurance post lockdown.
Lance Ewing – EVP Global Risk Management & Client Services, Cotton Holdings Inc.
With a constantly changing operating environment and the Global impact of Covid-19, we speak with Lance Ewing about the evolving role of the risk manager and current trends and developments in the risk and insurance sector with focus on the United States. We discuss developing trends around natural disasters and technology, becoming a risk partner to business, risk needing to lead insurance and how while in the pursuit of opportunities you still need to manage your risks.
Carl Leeman – Chief Risk Officer, Katoen Natie
The response to Covid-19 and the impact on the risk and insurance industry has been unique in each country globally – We speak with Carl Leeman who shares his insight on the changing role of the risk manager and highlights the effects of Covid-19 on the European market , with focus on trends and developments in the insurance sector. While focus has shifted due to the pandemic, it is essential that organisations don’t lose sight of existing cyber, environmental, political risks etc. while at the same time ensuring to prioritise the safety and wellbeing of their people.
Simon van Wyk – Partner: Risk & Safety Leader Africa, ERM
What if we used uncertainty as an input to how we operate as a business? We discuss how to integrate uncertainty into business processes, the skills required for the future and the importance of disrupting ourselves. As risk professionals we have a new role to play in understanding uncertainty, changing mindsets, recognising our constraints and opportunities and making our organisations more resilient. As a risk professional, what is the value you are bringing?
‘We cannot bring linear solutions to non-linear problems – We need to disrupt ourselves and our way of thinking.’- Simon van Wyk
John Sanei – Futures Strategist, Keynote Speaker and Author
How do you prepare for a world where we cannot see what’s coming? We explore how to build success in the era of the forced Entrepreneur and at a time where old structures are imploding. We discuss how to move away from the scarcity mindset of the industrial revolution to a digital abundant mindset, how the biggest risk to humanity is not achieving purpose and how to adapt our perspective to generate opportunities. This episode is not to be missed!
‘The world doesn’t require us to be accomplished, it requires us to achieve purpose’ – John Sanei
Anton Ossip – CEO, Discovery Insure
As a Global leader, we get insight into Discovery’s unique shared-value business model and how they use behavioural economics and data collection to innovate in the insurance industry. What makes prevention today different from the past, is how it can now be achieved. With continuous technological developments and data analytics allowing organisations to track behavioural changes, as well as a systems approach that helps companies go beyond single interventions to engage the entire insurance value chain – This drives improved business results and encourages positive behaviour that leads to shared-value between risk reduction and profit.
Dr Gavriel (Gav) Schneider – CEO, Risk 2 Solution Group
Presilience is the attribute and process of successfully preventing where possible, preparing for, responding to, and recovering from adverse, major business interruption events and crises whilst at the same time looking for opportunities. Unlike resilience, which focuses purely on recovery and the ability to “bounce-back”, Presilience focuses on building the mental fortitude, across the whole organisation, to not only “bounce back”, but also to completely avoid crises, manage them effectively and minimise any negative effects – ideally it epitomises the idea of “Bouncing back better”. Essentially, it is risk intelligence and risk culture in practice. We look at how this practice can drive productivity and high performance through great decision making and how this could be the new way to thrive in the new normal.
Brandon Naicker – Cyber Security Executive, LAWTrust
The Cyber Security landscape has drastically evolved during the Covid-19 pandemic – How prepared has your organisation been? We discuss the impact the pandemic has had on Cyber Security awareness and the emergence of new risks as a result of remote working. We look at trends, automation, quick wins for businesses impacted by a strained economy, the over reliance on key individuals and restricting opportunistic threats. As organisations evolve with technology and cyber security, so do hackers and cyber criminals and businesses therefore need to be prepared now more than ever.
Chris Brits – Managing Partner, Riskonet
Covid-19 is the first of many challenges we are going to be faced with – Preparing for all uncertainties, benchmarking, learning from our Global peers and the sharing of information and data is now more important than ever to assist in effective decision making. We look at the challenges and opportunities that have emerged amidst the pandemic, the adoption of technology in managing operational risk and the evolution of risk management as a strategic enabler.
Jonathan Crisp – Chief Executive Officer, BarnOwl GRC and Audit Software
As our reliance on technology increases, digital transformation is becoming more important – in fact, it is imperative for the survival of organisations. Covid-19 has been a wake-up call that risks can in fact materialise and we now need to look at areas of our business that should have contingency measures in place to build resilience. We look at how Risk Management software and the effective management of risk can garner negotiating power with insurers, the need for qualitative and quantitative risk information and how risk management needs to be a living system and not only something assessed annually.
Terence Murasiki – Director and Head of Research, ABMI Research Institute
How do you implement risk management and develop competencies? We look at the innovative Attribute Based Maturity Index developed by ABMI Research Institute and how understanding the risk maturity of your organisation can add value and drive action. It is not only about knowing your organisations maturity but understanding what needs to be improved and implementing and integrating the necessary processes into business to create value. Maturity must define the programmes you implement and the timing of those implementations.
Christopher Mandel, RIMS-CRMP – Senior Risk Management Thought Leader
Risk managers don’t own risk……they own the risk process – We discuss if ERM is still relevant, the connection between risk and success or failure and how to translate the value proposition of ERM by building credibility as a functional risk leader. The biggest challenge is not only getting ahead of black swans but contributing to building resilience and crafting a risk programme that is relevant to the organisation and not taking an ‘off the shelf’ approach.
Dr Robin Kiera – Insurance and Insurtech Expert, Digitalscouting.deThe rate of change has accelerated over the past few months and the Insurance industry, like many other industries, will never look the same again. We look at the future of Insurance and Insurtech, developing trends, the Global landscape, as well as risks and opportunities that will emerge as a result. We discuss electrification, attention hacking, collaboration, changing stakeholder expectations and we unpack the value in leveraging existing ecosystems and new platforms.
Dr Hermie le Roux
Senior & Executive level SME - Enterprise Risk Management
Simplified Risk Solutions
Enterprise Risk Management should complement, not displace business - We look at the skills that risk facilitators need to possess and the value that building relationships and speaking businesses language can add in garnering buy-in. We unpack how businesses, regardless of scope or size can manage their risks and build resilience and look at the art versus the science of risk management.
Conrad Burger – Managing Director, Burg International
Covid-19 has impacted business across the board and entrepreneurs now more than ever need to be agile and will be required to re-evaluate their business models in order to survive. We look at distribution in supply chain, how traditional logistics models will need to be re-structured, cost versus reward and the impact of volatile exchange rates. Businesses will not only have to look at their own structures and business models, but that of their clients and suppliers in order to evaluate sustainability.
Lisa Cameron de Vries - Technical Director, Phoenix Resilience
Can risk management be a strategic enabler? We discuss how collaboration in risk management enables organisations to be more agile in responding to a crisis and a continuously changing landscape. We explore effective ways organisations could respond to a crisis, emerging trends, the importance of improving risk and resilience capabilities and the advantages of integrating disciplines. Navigating through uncertain times will always have its challenges, but having a methodology and process in place that will allow you to activate a whole ecosystem at a time of crisis for a co-ordinated response, will ultimately ensure resilience.
Ryan Cummings – Director, Signal Risk
With every risk comes opportunity - Africa differs from the rest of the world in so many ways, especially when it comes to assessing risk. We look at the intricacies and interdependencies of the different countries within Africa and discuss the technology boom that is underway and that is outpacing other parts of the world. We unpack the advantages and disadvantages of Africa’s youthful population, the robust response to Covid-19 in some parts of the continent that has challenged stereotypes and look at the impact of the political landscape. We need Afrocentric solutions tailored to the uniqueness of our continent, ensuring greater African independence.
Chantell Ilbury – Scenario Strategist and Facilitator, mindofafox‘A dynamic world requires dynamic thinkers’ – We look at how scenario planning can be used as a strategic enabler and how it should be built into strategic processes to help businesses become more agile and adaptable. We unpack the link between scenario planning and risk management, how leadership can navigate the uncertainties of our current landscape and the benefits of integrating this discipline into business practices.
David Flandro - Managing Director: Analytics, HyperionX
Nothing is ever as simple as it seems – We discuss the future state of the insurance and reinsurance market and how Covid-19 is currently impacting the industry. We unpack how pandemics will be underwritten in the future, how effective risk management programmes will impact premiums, the role of technology going forward and financial innovation that will change the market dynamics.
John Capasso – Chief Executive Officer, Captive Planning Associates
Cash, Collateral, Capitalisation and Control – We unpack the four C’s around captives and discuss the future state of the global captive insurance market. We look at how captives can assist during these unprecedented times, why the use of captives will play an increasingly larger role going forward and why Covid-19 is hastening the migration to micro insurance and how it works.
Kevin Smout – Global Lead: Governance Risk and Assurance, KPMG AustraliaDo we really understand how our world will change post Covid-19 and are we ready to capitalise on the opportunities born from this pandemic? In this episode we explore how risk management is moving into the front-lines and becoming a strategic enabler for business and how the discipline of risk management is evolving. We look at the future of technology in the management of risk, how risk needs to become a partner in business and ways that business can evolve from being reactive in a crisis to being proactive.
Melissa Bosse – Partner, Obsidian Inc.
‘92% of risk managers predict a greater focus on operational resilience.’
Operational resilience is the process that helps organisations adapt quickly to a constantly changing environment – Now more than ever we are seeing the importance of being able to effectively respond to these changes and the impact it can have on business when unable to do so. We unpack how operational resilience is key to the fourth industrial revolution, the benefits and value for board members and senior management and how this can impact and contribute to an organisation’s overall strategy. How resilient is your organisation?
Johan du Plooy – Corporate Compliance and Resilience Advisor, Roarr Advisory
Do we really know how bribery and corruption materialises in our organisations? We unpack everything you need to know about managing and preventing bribery and corruption within your business. We look at implementing the necessary standards and policies, the role of effective reporting, communication and awareness in reducing these activities and if there is a space for rehabilitating corrupt individuals and organisations.
Jon Woodman – Managing Director, Paragon Risk Engineering
Are you worried about unseen risks that could drastically impact your business? Risk engineering can help assess these risks and protect your business from disruption. We look at the value of risk engineering and how it can build resilience, reduce your exposure to risk and keep your business operations intact. Risk engineering makes it easier for you to obtain the right levels of insurance and avoid the higher premiums typical of a risk profile consisting of unknown or unquantified risks.
Azaria Chasenski – Manager, Requisite Business Services (RBS)There is a big risk in people, as people are inherent to everything in your business. We look at how the majority of risks, in some way have a human element and how organisations need to tap into the strengths and develop weaknesses of their staff, to ensure that their employees and structures are able to support their strategic objectives. Being proactive, having a holistic approach and viewing people as the most important asset in business, will give organisations a competitive edge.
Diane Naicker - Specialist Risk and Insurance Group Advisory, Gripp AdvisorySex, lies and video tapes – In the hospitality industry, Risk Management is not all spreadsheets and compliance exercises. We hear about some of the crazy behind the scenes risk management stories that involve wild animals, threats, illegal activities and dead bodies. What have you seen in your risk management career that you never thought would make its way onto a risk register?
Gillian le Cordeur – Chief Executive Officer, The Institute of Risk Management South Africa (IRMSA)What does the Risk Professional of the future look like? How is the role of Risk Managers changing due to Covid-19? We unpack the challenges and opportunities around managing a professional body in the time of Covid-19 and how the risk fraternity and business at large are being mobilised to adapt to a new normal. Organisations that are agile, flexible and innovative will become leaders in their respective industries and we look at lessons that can be learnt from the way industry has responded to this Global pandemic.
Dr Adrian Tiplady – Head: Strategy and Business Systems, SKA South AfricaData has overtaken oil as the world’s most valuable resource, but what is big data? We unpack how data can be converted into information that can drive strategic decision making and look at the multitude of ways data can be used. We look at the role that cyber security plays in this process and the missed opportunities when data is not used effectively.
Junita van der Colff - RSKReview Host
Gert Cruywagen - RSKReview Host
‘Adaption is the key to survival’ – Clem Sunter.
Our podcast hosts discuss the scenarios that Clem Sunter, the world-renowned scenario planner from mindofafox has developed. He looks at four coronavirus scenarios for the world at large over the foreseeable future, namely “Much Ado About Nothing”, “The Camel’s Straw”, “Spain Again” and ‘Tightrope’.
Dr Adrian Tiplady – Head: Strategy and Business Systems, SKA South AfricaAt a time where good leadership and agile decision making is more important than ever, we unpack the components of effective decision making and look at the importance of stakeholder buy-in and how converting data into knowledge can aid this process. We also look at the role that Risk Management plays in this process and how an adaptable and agile Risk Management programme can be a strategic enabler.
Alexander Irvine-Fortescue – Security Risk Management Consultant, DS-48
Johan du Plooy – Corporate Compliance and Resilience Advisor, Roarr AdvisoryAre schools prepared for the risks that they face every day? Are schools educating students, staff and parents on how to manage and identify these risks? We discuss the difference between school security in South African schools versus schools in the United Kingdom, as well as the varying approaches in the public and private sectors. We look at the current threats schools are facing, practical measures they can take to respond to risks and how all stakeholders can contribute to the overall safety of schools.
Junita van der Colff – Podcast HostBusiness Continuity is not about preventing things from going wrong, but rather about minimising the impact, should they go wrong. We look at the misconceptions around business continuity management and the importance of instilling and embedding a BCM culture within your organisation. We explore the value adding benefits of integrating BCM into an organisations thinking and strategy and how it can be seen as an opportunity when responding to uncertainty.
Innocente Burger – Director, Perform ForwardDo organisations need to re-visit their strategy post COVID-19? Will human habits change to an extent that the understanding of client behaviour will be impacted? We discuss scenario planning as a strategy setting tool, how resilience is an imperative in growth as well as strategy, and how risk management needs to be integrated into strategy setting.
Innocente Burger – Director, Perform Forward
With all the current disruptions, the most successful companies know that the secret to performance lies in understanding and utilising the strengths and contributions of each individual in a team. We explore how to foster a highly engaged workforce, how to develop individual strengths and how this process will improve organisational culture and performance.
Gert Cruywagen - RSKReview Podcast Host
Risk Appetite and Risk Tolerance are terms that are used interchangeably, but do they mean the same thing? What value can this add to a Board? We introduce and unpack the concepts of Risk Appetite and Risk Tolerance and provide practical examples to help you navigate this discipline.
Innocente Burger – Director, Perform ForwardInnovation should be embedded in an organisation's culture and not merely in individual job descriptions. We explore why innovation is a strategic imperative, how organisations can build innovative teams and some of the opportunities and disruptors that organisations will face.
Innocente Burger – Director, Perform ForwardDo we understand the fourth industrial revolution and how this impacts the way of work? Are we embracing a more flexible work culture? We unpack how to manage teams remotely, how to stay motivated and adapting to an outcomes driven mindset. Finally we explore the concept of purpose over profits and how this will impact an organisation's ability to retain talent.
Lauren Shantall - Director, Scout PR and Social MediaIt is not business as usual – During a time of crisis, organisations need to be hyper agile and need to respond in the correct way to avoid reputational damage. We explore how business are forced to innovate during this time and how business models are changing, we look at the need to connect despite social distancing and we discuss trends, key takeaways and advice on how to respond in a time of crisis.
Gert Cruywagen - RSKReview HostA risk is not only a bad thing happening, it is also a good thing not happening – We explore the concept of risk and opportunities and unpack how this has traditionally been approached, the current way it is being viewed and how this will be implemented in the future.
Tracy Robbins – Senior Associate, Baker Mckenzie
Protecting employees and instilling a zero-tolerance culture in your organisation – We unpack the legal process, the rights of employees and how organisations need to protect their staff, while managing the organisations reputation.
Gert Cruywagen – RSKReview HostWhat is the ultimate objective of risk management? What prevents an organisation from achieving their strategic objectives? We unpack the concept of outcomes based risk management and look at the different levels of risk and how to optimize opportunities.
Tracy Robins – Senior Associate, Baker MckenzieAdapt or die – We explore the risks related to advancing technology and innovation and how businesses should adapt. With an ever-growing automated workforce, we also look at the related opportunities around skills development and the creation of new jobs.
Tracy Robins – Senior Associate, Baker Mckenzie
Key considerations for organisations when faced with restructuring and retrenchments and how to deal with employees from a legal perspective. We discuss key tips, getting buy-in, legal obligations and the biggest mistakes made.
Tracy Robins – Senior Associate, Baker Mckenzie
Unpacking the impact of COVID-19 on employers and their legal obligations to their staff.
Are you doing what you need to, to protect your employees, and do you have the necessary policies in place to manage a crisis?
Nicola Comninos – Group Chief Risk Officer, Johannesburg Stock Exchange (JSE)With a drastic drop in markets and a global recession looming, we unpack everything you need to know about this global economic and financial crisis and how the JSE and other exchanges around the world are responding. We discuss what organisations can do to prepare, biggest mistakes made, key takeaways and opportunities that should not be overlooked.
Meet your hosts Junita van der Colff and Gert Cruywagen and get insight into their journeys to becoming experts in the Risk Management industry and how their joint vision of innovation and advancing the discipline of Risk lead them to start RSKReview.