In today's volatile business environment, data has become increasingly indispensable to businesses in managing risks. However, as revealed by a 2018 Dun & Bradstreet study entitled "The (R)Evolution of Risk Management", most finance leaders around the world are struggling to manage risk effectively with data, and many rated their own ability to manage and monitor risk as 'particularly challenging'. Leaders who are charged with the management of an ever-increasing array of risks should anticipate the scope and complexity of such tasks. To that end, they need not only be able to optimise strategies, but also improve decision-making efficiency to achieve desired and accurate outcomes. Businesses must be able to anticipate and prepare for uncertainties such as evolving geopolitical risks, bankruptcies, and technological disruption. A modernised and streamlined risk management approach that harnesses the power of data and technology will be a prerequisite for mitigating those risks.
To help explore the fundamentals of modern risk management, the Chamber is delighted to have invited Mr Michael Siu, Senior Solutions Architect, Greater China from Dun & Bradstreet, to speak on the findings of their 2018 Global Risk Management Study at a lunchtime seminar on 16 May. Michael will also provide case studies on ways successful organisations are implementing modern risk management practices.
Below is a brief outline of Michael's presentation:
- Challenges facing today's finance & risk management teams
- The evolving responsibilities of modern finance and risk leaders, and how is data driving this change
- How predictive/performance-based insights, and emerging technologies such as AI can supplement modern teams in risk management
- Dun & Bradstreet's recommendations: 3 ways to simplify the finance transition to modern risk management
- The Power of Data & Dynamic Business Intelligence
Register early to avoid disappointment!