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 […]

The risk manager is now hot stuff. Where to next?

  By Sean Pyott, MD of thryve   People have been predicting for years that risk management will step from its back-office nook and into the leadership sphere. This prediction gained some traction at the start of this century with integrated risk management (IRM) and Governance, Regulation & Compliance (GRC) technology systems offering greater integration […]

Six reasons why medium businesses need risk management

    By Riaan Bekker, Force Solutions Manager at thryve Small to medium businesses don’t focus on risk as much as their enterprise peers. Many enterprises are public companies and therefore must follow many more compliances and regulations. Such mandated functions are often draining on time, people hours and money, so enterprises want efficient GRC […]

4 traits to face a crisis, and how technology helps

By Sean Pyott, MD of thryve The pandemic is having a radical impact on leaders, though few state it better than this Harvard Business School article: “Before COVID-19, CEOs and other executives in high-growth companies were focused on fostering innovation, driving revenue, and gaining market share. Today, many of those same leaders must make rapid […]

How Covid-19 affects a CEOs view on risk

  By Sean Pyott, MD of thryve The funny thing about COVID-19 is that we saw it coming. Unlike a black swan, which is an unexpected event only obvious after the fact, little was unexpected about the current epidemic. In the past two decades, there have been several outbreaks involving coronaviruses. Though minor, they signalled […]

What Riskonnect’s Xactium acquisition means for the GRC/IRM world

  By Riaan Bekker, Force Solutions Manager at thryve There is growing interest over Riskonnect’s acquisition of Xactium, a fellow GRC/IRM software vendor. It’s another big etch on Riskonnect’s growth chart, and also a sign of the accelerating evolution of the GRC/IRM market. I refer to GRC/IRM in a split fashion because there is still […]

Rasmussen on choosing enterprise-grade GRC/IRMS

By Riaan Bekker, Force Solutions Manager at thryve Michael Rasmussen is a name you might know if you take an interest in GRC/IRMS systems. I mention both titles, because Rasmussen not only coined the amalgam Governance, Risk & Compliance (GRC) to identify new risk-management technologies. He also recently went to war against the term ‘Integrated […]

Measuring ROI for your integrated risk management

By Neer Rama, Force Solutions Product Manager at thryve Calculating a return on investment is already a complicated exercise. But in the face of revolutionary changes, ROI becomes even trickier as like-for-like equivalences draw thin. So how do you measure ROI when adopting an integrated risk management system? A problem for every technology revolution The […]

IRMSA Risk Report: Let the accountability begin

By Riaan Bekker, Force Solutions Manager at thryve The latest South Africa Risks Report from the Institute of Risk Management South Africa (IRMSA), its 6th edition, once again is interesting and captivating. At first glance, it might appear as if the report rehashed the same general risks as its predecessor a year ago. But significant […]

GRC vs IRM: Looking beyond names and acronyms

By Riaan Bekker, Force Solutions Manager at thryve Is there a difference between Governance, Risk & Compliance (GRC) and Integrated Risk Management (IRM)? This topic has sparked furious debate among different practitioners and technologists. It’s also the topic thryve presented at the recent IRMSA conference held in Midrand, Johannesburg. Do we have an answer? If […]