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Watch how Predict360's ERM software empowers organizations to navigate the complexities of risk easily. #eneterpriseriskmanagement #riskmanagement #bankingsolutions #youtubechannel https://lnkd.in/d6Upq7Wq

Watch how Predict360's ERM software empowers organizations to navigate the complexities of risk easily. #eneterpriseriskmanagement #riskmanagement #bankingsolutions #youtubechannel https://lnkd.in/dycMvbjF

Watch how Predict360's ERM software empowers organizations to navigate the complexities of risk easily. #eneterpriseriskmanagement #riskmanagement #bankingsolutions #youtubechannel https://lnkd.in/dNjvvxdj

Introducing the Risk Matrix: See Your Risks Clearly with Our New Feature! We are excited to announce the launch of our brand new Risk Matrix feature in our risk assessment software solution! Our brains are wired to process visual information far more efficiently than text. The Risk Matrix leverages this by transforming complex data points into a simple and intuitive grid. This allows you to: - See Trends and Patterns: Identify clusters of risks that might point to underlying systemic issues. - Make Informed Decisions: Visualising risks side-by-side allows for a more objective and data-driven approach to risk management. - Boost Communication: Easily communicate risk levels to stakeholders with a clear and concise visual representation. Get started with the Risk Matrix feature today! Our software is designed to streamline your risk assessment process, empowering you to make proactive decisions and achieve your goals with greater confidence. #RiskManagement #RiskAssessment #Software #DataVisualisation #ProjectManagement P.S. Feel free to share your thoughts on risk matrices in the comments below! How do you use them in your organisation?

How do you feel about a risk matrix in your risk assessment? I must admit I often struggled to find their value in my area of high risk deployments where more often than not everything is in the upper right quadrant. But speaking to loads of clients and subject matter experts - I have been convinced that they can be a useful visualisation in many many situations. And after much hard work on the development side of things, our small but mighty dev team are introducing a great risk matrix tool. Great because it is really easy to reorder the threats using a simple drag and drop functionality. So you can order your threats according to level and allow people to focus on the priority risks, quick. For me I hated messing around with risk matrices in word where one small cut and paste action or attempt to format could destroy loads of work and throw the whole table into disarray. In short, we have built a easy to use visual tool for risk prioritsation. As always - interested to hear from others what their bug bears are. And I haven’t’ even mentioned the subjectivity issues…….. #riskvisualisation #informationisbeautiful #riskassessment

Building a GRC-centered culture is not always easy. There is often resistance to change, skepticism about value, and difficulty getting buy-in across the organization. But in reality, a strong GRC culture is essential for risk management, compliance and driving long-term success. CURA Software Solutions, a leading provider of integrated GRC platform unites silos of GRC information into a single coordinated system, providing better insight into business operations. With features like customizable configurations, easy deployment, and powerful reporting, CURA enhances decision-making and efficiency, offering a holistic view of organizational risk. #curasoftware #GRCsolution #RiskManagement #ComplianceManagement

Introducing Primacy Advisory: Shaping the Future Through Strategic Consultancy Welcome to Primacy Advisory, where knowledge meets action and innovation drives impact. We are thrilled to embark on this journey of collaboration, insight, and positive change as we introduce our dynamic consulting firm to the world. At Primacy Advisory, our core mission is clear: to advance knowledge, shape policies, and foster sustainable peace and development through comprehensive research consultancy. With a multidimensional focus encompassing policy analysis, project/programme management, risk consultancy, mortality tracking, and training and capacity building, we are dedicated to providing innovative solutions that drive positive societal impact. Our vision is rooted in becoming the most trusted partner for governments, organizations, and communities. We aim to offer strategic insights that inform evidence-based decision-making, empowering our partners to navigate complex challenges with confidence and foresight. What sets us apart is our commitment to integrating cutting-edge research, strategic consultancy, and capacity-building initiatives. By doing so, we not only provide solutions but also empower individuals and institutions to thrive in a rapidly evolving world. As we step into the digital realm, we invite you to join us on this transformative journey. Follow us for updates, insights, and thought leadership as we strive to shape an informed, secure, and prosperous future together. Welcome to Primacy Advisory, where the future is ours to shape. Let's build a legacy of impact and progress, one strategic partnership at a time.

Are you leveraging the power of an effective ERM framework to navigate uncertainties and drive strategic success? Discover how strategic CIOs can turn risk into opportunity, ensuring business resilience and growth. What you'll learn: - Key components of a robust ERM framework - How ERM aligns with business strategy - Practical steps for CIOs to implement ERM successfully Learn more - https://lnkd.in/g2eXdHz2 #StrategicLeadership #RiskManagement #CIOInsights #BusinessResilience #EnterpriseRiskManagement

Is It Time to Move Beyond RCSA? Exploring Stronger Process Control Designs for Today’s Challenges In today’s rapidly evolving business landscape, the traditional Risk and Control Self-Assessment (RCSA) methodology, while effective, may no longer be sufficient to address the complexities and heightened risks organizations face. As we navigate through an era marked by digital transformation, regulatory changes, and global uncertainties, it’s crucial to reassess our approach to risk management and process control. The Limitations of RCSA - RCSA has been a cornerstone of risk management, providing a structured approach to identifying, assessing, and mitigating risks. However, its iterative nature and reliance on self-assessment can sometimes lead to gaps in risk identification and control effectiveness. Moreover, as businesses scale and diversify, the static nature of RCSA may not keep pace with the dynamic risk environment. The Case for Stronger Process Control Designs - To address these challenges, organizations should consider integrating more robust process control designs. Here are a few reasons why: 1. Enhanced Risk Detection: Advanced process control systems leverage real-time data analytics and machine learning to detect anomalies and potential risks more accurately and promptly. This proactive approach ensures that risks are identified before they escalate. 2. Improved Compliance: With stringent regulatory requirements, having a dynamic and automated control system can help organizations stay compliant more efficiently. Automated controls reduce the risk of human error and ensure consistent adherence to regulatory standards. 3. Scalability and Flexibility: Modern process control designs are scalable and can adapt to the changing needs of the business. Whether it’s expanding into new markets or integrating new technologies, these systems provide the flexibility needed to manage risks effectively. 4. Cost Efficiency: While the initial investment in advanced process control systems may be higher, the long-term benefits in terms of reduced risk exposure, improved operational efficiency, and lower compliance costs make it a worthwhile investment. Conclusion - As we look towards the future, it’s clear that the traditional RCSA methodology needs to evolve. By embracing stronger and more dynamic process control designs, organizations can better navigate the complexities of today’s risk landscape, ensuring resilience and sustained success. Let's Spark a Conversation - Share your insights, challenges, or successes in implementing robust process control design. Call-to-Action: Join the discussion and help shape the future of risk management. #RiskManagement #ProcessControl #RCSA #COSO #ISO31000 #COBIT https://lnkd.in/dY3siDVm

Is your approach to governance, risk and compliance holding you back or helping you accelerate safely? For organisations equipped with traditional project life cycles or software delivery life cycles, embedded in policy and standards, it can be difficult to avoid a sequential stage-gate delivery model where plans are set at the time of knowing the least. Reimagining your governance involves a rethink of what safety and compliance really mean for your organisation. There is a need to reevaluate the ways to satisfy regulatory requirements. A range of options are available with growing adoption across industry, yet knowledge levels inside some organisations still remain low. If acceleration is a business imperative to stay competitive in your market - it's time to have a chat with your audit and risk colleagues. Risk processes are being optimised for speed as well as safety: to keep your business safe and acheive speed. Those businesses which have embarked on this journey are discovering the positive tailwind effects. #BVSSH #BetterOutcomes #governance #waysofworking