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For almost as long as businesses have existed, so has some level of risk management. Risk management encompasses identifying, assessing and controlling financial, legal, strategic and security risks within a business.
In the intricate practice of risk management, a perplexing paradox unfolds where organisations engage in risk management practices that replicate their previous risk strategies, and still expect a different or improved outcome.
Considering new economic growth figures for Q4 2023, which stand at a dismal 0.1%, Volker Von Widdern, the Risk Principal of Riskonet Africa says business now needs to consider and plan for two key medium-term risks.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?