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Australian institute of Company Directors (beta)
A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.
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Governance Leadership Centre
Risk takes the spotlight in board crisis lessons
6 August 2020 | Shelley Dempsey
What lessons have we learned about risk in the wake of the crisis? Many boards were under prepared for the unprecedented COVID-19 crisis and now face intense pressure to get their strategic risk manag...
How should directors manage non-financial risk?
1 August 2020 | Professor Pamela Hanrahan
Westpac's admission of board responsibility for compliance offers a key lesson for boards on managing non-financial risk, says Professor Pamela Hanrahan.
Why the public sector is less risk-averse after the crisis
23 July 2020
The Australian Public Service has adapted during the COVID-19 crisis and new research shows it is generally less risk-averse and more open to innovation as a result. Kerstin Oberprieler, Co-Founder an...
7 steps to consider when reviewing risk management
1 July 2020
Now is a good time for boards to review their risk management strategies, say Peter Deans and Anthony Stevens.
The implications of the Federal Court decision on Cassimatis v ASIC
1 May 2020 | Professor Pamela Hanrahan
Directors have a legal duty of care to avoid any risks that may foreseeably harm their organisation. Identifying those risks is a crucial issue, says Professor Pamela Hanrahan.
Getting back to business: considerations for boards as COVID-19 restrictions are lifted
23 April 2020
With governments likely to begin easing restrictions soon, boards need to start planning for how they get their organisations back to business, while mitigating the ever-present risk of coronavirus.
Climate risk: who is responsible?
1 April 2020
Disasters emanating from climate change are becoming more common. Communities need to consider who owns the risk — and who pays for mitigation.
Is your organisation's climate risk management up to scratch?
1 April 2020
Regulators will be watching for climate-related disclosures in the finance sector, write Travers McLeod and Sam Hurley from the Centre for Policy Development.
Annual General Meetings, coronavirus and social distancing
17 March 2020 | Sophie Stern, Christian Gergis GAICD
With social distancing likely to be required for several months to quell the spread of COVID-19, companies and regulators should be preparing for a disrupted AGM season.
COVID-19: Dr Amanda Rischbieth FAICD on what directors need to know
13 March 2020 | Dr Amanda Rischbieth FAICD
Dr Amanda Rischbieth PhD FAICD is a Harvard Advanced Leadership Fellow '17, Chairman of the National Blood Authority and an Adjunct Associate Professor at the University of Adelaide. Here she answers ...
Australian Governance Summit