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Episodes
Rethink Risk Management
Rethinking risk: How to turn threats into opportunities.
Risk is often seen as negative, but it should be viewed as an ongoing conversation to understand how it can be turned to our advantage to achieve strategic...
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Finance for Strategy Not Figures
Shifting the focus: How to move beyond the numbers and into strategic finance conversations.
Finance is not just about figures, it's about understanding the reasons for variance and strategic implications for the...
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Risk Appetite Statement Guide
Setting clear boundaries: Our Risk Appetite Statement defines our limits.
A risk appetite statement clearly communicates to staff and board what risks the company is willing to take and what is off limits.
It helps...
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Risk-Mindset Drives Innovation
Unlocking strategic advantage: The role of board-level risk management.
Risk management must start at the board level and involve a mindset of innovation to extract strategic advantage.
Senior executives must focus on...
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Risk Strategy Accountability
The role of a Risk Committee in driving strategic decision making.
The Risk Committee helps identify and manage top risks while training the board to identify opportunities.
Ensuring accountability & incorporating...
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Focus on Key Risks
Don't bore the board: Prioritizing key risks in your report.
When providing risk reports to the board, focus on the top three to five key risks and avoid overwhelming them with unnecessary detail.
Consider the board's...
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Risk Policy Opportunity Focus
Shifting the focus: How to move beyond the numbers and into strategic finance conversations.
Reframe risk management to focus on strategic opportunities, not just compliance.
Add language to policy to shift...
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Continuous Strategy Review
The key to staying relevant: Ongoing strategic planning.
Strategic planning is an ongoing process that should be regularly reviewed and updated.
It should be discussed at board meetings and involve input from staff...
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Operating Plan Activates Strategy
Mastering the art of strategy: Three key elements for success.
There are three important elements in a long-term strategy: a vision or purpose, a strategic plan, and an operating plan.
The board is responsible for the...
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Strategic Planning with Scenarios
Forward thinking: How scenario planning can help your organisation plan for the future.
Scenario planning should be a key part of good strategic planning as it helps organisations to focus on their vision and consider...
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Unpacking Vision for Strategy
Why Your Vision Statement Needs to Go Beyond Just Words
The most effective way to reach agreement on a vision and purpose is not to focus on specific words, but rather on the guidance and strategic conversations it...
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Strategy Creates Future
Making a difference: The purpose of strategy.
Strategy is about creating the future and making a difference, not just an exercise.
It involves considering possible futures and continually working towards them with...
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