The year’ Sense and Respond’ risk became a reality

  By Sean Pyott, MD of thryve   “Never let a good crisis go to waste,” said Winston Churchill, a quote that surfaced numerous times during 2020 – the living embodiment of crisis. I even used the quote in one of my first blogs of the year (Crisis vs Opportunity during the pandemic), though I […]

Beyond aspirations: how do we create ‘sense and respond’ risk management?

  By Sean Pyott, MD of thryve Last month, I reflected on the importance of risk managers and why they are in high demand right now. But what about companies – what kind of changes should they undergo to make better use of new risk management practices? It’s an important question because modern risk-management practices […]

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 […]

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 […]