Time to step up! IRMSA launches the 2021 Risk Report

    “As risk professionals, will you step up and be bold? Step up and be the voice of risk management!” With these words, the Institute of Risk Management South Africa (IRMSA) CEO, Thabile Nyaba, launched the 2021 edition of IRMSA’s risk report. Focused on South Africa, the report breaks down the country’s opportunities and […]

A look back at SA’s 2020 risks

    By Sean Pyott, Managing Director of thryve I’m looking forward to reading IRMSA’s new risk report, due later this month. For several years, the IRMSA report has been the primary benchmark for summarising South Africa’s risk – developed because global risk reports don’t provide the nuance we need for a local context. That […]

What to expect from IRMSA’s 2021 Risk Report

    Since 2014, the Institute of Risk Management South Africa (IRMSA) has released an annual report focusing specifically on South Africa’s risk landscape. Soon to appear in its seventh edition, this report is already widely recognised as the definitive view on South Africa’s different risks, how they impact its people and industries, and what […]

3 tips for SMEs mitigating risk through insurance

  By Neer Rama, Force Solutions Product Manager at thryve Canada Smaller is often better, especially when you don’t want to be a target. But as technology levels the playing fields, giving medium-sized businesses the capability to play in bigger leagues, it’s also started to erase that anonymity. Smaller companies are wising up to the […]

Taking risk management to the next level

    By Riaan Bekker, Force Solutions Manager at thryve It’s not true that risk management is only for large, stock exchange listed, enterprises. Any businessperson would agree with this statement. Running a business is inherently risky. Costs, margins, stock, staff and assets all require some consideration to keep them safe and productive. Locking your […]

How cloud simplifies complex risk and insurance environments

  By Neer Rama, Force Solutions Product Manager at thryve Managing risks and insurance across a single business is difficult. To do so across numerous entities is orders of magnitude harder. The information has to be drawn from different stakeholders, each with their own capturing and reporting standards. Instead of an orchestra, risk and insurance […]

Are you providing answers through your risk visualisation?

  By Riaan Bekker, Force Solutions Manager at thryve Determining risk is complicated – risk managers know this. But some might say explaining risk to others is even harder. You can’t simply demonstrate the technical path you followed to reach your conclusions. This might not only alienate your target audience, but it’s also insufficient. Humans […]

Fixing strategic risk: the rise of objective-based ERM

Enterprise Risk Management

By Neer Rama, Force Solutions Product Manager at thryve Enterprise Risk Management (ERM) gained popularity for a specific reason. It offered what risk management was initially meant to provide: strategic value. Even the most basic strategic management course is an introduction to organisational risk. The ever-present SWOT analysis is essentially about identifying risks and opportunities, […]

The interesting history of Governance, Risk and Compliance

thryve at IRMSA Conference October 2019

  By Riaan Bekker, Force Solutions Managed, thryve As we head towards the IRMSA conference, 2-3 October at Gallagher Estate in Midrand, Johannesburg, I am preparing for my presentation on the debate between GRC and IRM. ‘Governance, Risk & Compliance vs. Integrated Risk Management’ became a topic of debate when research firm Gartner decided a […]

5 Steps to Unlock the Flow of Information

Streamlining your job starts with understanding where things are breaking down. People, technology – even the data itself – can inhibit your ability to get the information you need to manage risk effectively. Here are five steps from Riskonnect to help unlock the flow of information throughout your risk ecosystem. thryve is the African partner to […]