What are the risks facing South Africa and the world this year? How can you start building a data culture in your business? And what should you look for when hiring a Chief Risk Officer?
Our monthly selection of blogs from thryve’s partners Salesforce, Riskonnect and Tableau, and other interesting articles we read in February tackle these questions.
The World Economic Forum’s Global Risks Report 2021 has been released and is an interesting read. It shows, among other topics, how reality has caught up with what many had been warning about: “For business, the economic, technological and reputational pressures of the present moment risk a disorderly shakeout, threatening to create a large cohort of workers and companies that are left behind in the markets of the future.
Your company must start using data more smartly. But it’s not just about technology. You need the right culture to support and benefit from your data. Tableau has created a new free playbook that provides useful and practical advice to help you with that journey. The playbook covers leadership alignment, building data sources, amplifying value and promoting data discovery among your employees. It’s worth a read!
Risk management has a much better profile these days, and many organisations want to improve this crucial practice. Yet though they want to reduce their risk, companies still treat it as a general function, which means nobody champions it. For this reason, there are more calls to hire risk management specialists, the pinnacle of which is a Chief Risk Officer. Riskonnect, a thryve partner, published a new blog on this topic. It motivates why you should hire a CRO, what they do, and what to look for in that person. It’s a short but handy read:
The latest South Africa Risk Report from the Institute of Risk Management South Africa (IRMSA) will be released this week. While everyone is waiting patiently, go read our interview with IRMSA’s Chief Risk Officer on what to expect from what will undoubtedly be a watershed report.