Topic: Risk

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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From CIO to chair

Prospa Group chair Gail Pemberton AO FAICD has trodden a rare path to the boardroom, but one likely to become increasingly common as organisations seek to execute on digital transformation. She outlin...

Private practice

A new funding model and enhanced enforcement powers are among proposals for change in a review of the Privacy Act 1988 (Cth), writes Annelies Moens FAICD.

Glass half full

At a time when risks are escalating and so much can go wrong, there is power in flipping the lens to what can go right. Square Peg and SEEK co-founder, AFL commissioner and non-executive director Paul...

AGS video: Should you ever pay ransomware demands?

Boards and directors should never pay demands for ransomware, the Australian Governance Summit was told in March. During the lively session on Cyber Security Risk: Taking Action Before It’s Too ...

The Crown affair

The Crown Resorts saga shows what can go wrong in an organisation where a dominant shareholder holds sway and basic governance practices fail, exposing an institution where long tenures and cycles of...

Winning hand

In the wake of the Crown Resorts matters, risk adviser Peter Deans GAICD considers five practical steps directors can take to oversee the management of risk efficiently and effectively, while avoidin...

Role of risk in digital innovation

We know that in setting an organisation’s risk appetite, a board must strike the right balance between risk and reward. And in today’s era of rapid digital transformation, the risks of mis...

Manufacturing Resilience: The difference between surviving and thriving

How risk-ready is your organisation? And what is the best way to assess risk and develop an appropriate strategy? Each business faces different risks and directors must carry out risk reviews as part ...

Should you risk an IPO board?

With competing tensions at play and director reputations on the line, going to an initial public offer is one of the riskiest times in a company’s life cycle.
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