While Excel may be easy and free, it is no longer sufficient to manage the complex and ever-changing risks faced by organisations today. Danny Wong, an enterprise risk management thought leader, explores the alternatives.
Thought Leadership
Moving beyond Excel: the urgent need for better risk management tools
You’ve set your risk appetite. Now what?
Danny Wong, Founder and CEO of GOAT Risk Solutions, discusses why it is essential to understand risk appetite and how best to use it when managing risk. The Financial Reporting…
R*sk happens! Insights from risk maturity benchmark
The bad news is that R*sk happens! We all know that since we’re in the middle of lockdown and if the benchmark study were still live, risk would probably have…
Five BCP lessons from COVID-19
As the economy slowly reopens, Danny Wong charts five key BCP lessons learnt during lockdown I’ve heard from clients and several other businesses that for the most part, Business Continuity…
Using data to deliver risk maturity
The risk maturity journey is a problem the risk profession has been grappling with for far too long. It’s time to focus on data I benchmarked, modelled and studied risk…
Why you should ditch your risk culture framework
I was recently asked about my views on creating a ‘risk culture framework’. My immediate reaction was to question the question. Has our profession gone too far with jargon? Are…
Risk management blended with data will deliver incisive decision-making
Risk management is transforming, but data is the game-changer in #ChangingRisk for the future, says Danny Wong, founder of GOAT Risk Solutions and former director of corporate risk at IHG…
How can risk managers make themselves heard loud and clear among senior executives and beyond?
As businesses face ever-growing threats, risk management should have the ear of every senior exec. Yet we still struggle to be heard and understood. Maybe it is time to change…
Scale risk with confidence