Tom Phebey on LinkedIn: It was good to feel the sand back between the toes on this holiday back in… | 17 comments (2024)

This is quite a thought provoking read and should be considered for any company who wants to deploy a comprehensive and balanced third party risk management program from Hui Chen

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Inflation has affected agencies’ top line across Australia by 30% on average! The biggest challenges across the board for all agencies:→ Inflation eating into their profit margins→ Clients wanting “More For Less”→ Longer decision cycles on clients' end affecting agency operations & planning→ Inability to hire talent according to demand because of fluctuating/ uncertain demands.🤔 But how do you overcome these challenges? Our live webinar happening on 5th July, 10 am Sydney Time [8 pm ET | 5 pm PT] will help you future-proof your agency’s growth by overcoming all these challenges. Learn more & Register here: https://lnkd.in/dwfatfft

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Misinformation & Disinformation – big risks for corporatesRecently I heard six of Australia’s top economists’ predict the risks for our local and global economies. Two ideas have stuck.1.Don Stammer’s “the magic of compound interest rates”. Especially magical with the current predictions of “higher for longer interest rates”.2.Nicki Hutley, view from the World Economic Forum, talked about how the participants voted that for the next two years, the number one global risk by severity is “misinformation and disinformation”. Scary stuff given there are elections on every continent scheduled over the next couple of years. I’ve been thinking about both these ideas. For Don’s point it was a reminder talk with my kids, all of whom need every advantage to be able to one day buy their own homes.On mis & disinformation, we’ve all felt the increasing spread of fake news and know the motivation behind it is usually financial, political, malicious, or simply to build a following. Mostly we are left to ourselves to decipher each post, but the impact of viral algos by big tech, weaponises narratives. This is a big risk to business. I’ve witnessed how the narratives of critics, based on false facts, can cause huge confusion, impacting individuals, teams, and the bottom line. My moving swiftly to set the record straight, organisations can try to balance out the landscape. And even better, by quickly empowering employees to help can have a big impact. But this is hard to do with the disorganised state of employee comms at most organisation.Our own Traffyk.ai data shows just how much a random walk and productivity-suck the current approach to employee comms delivers. The Noise in most workplaces is deafening and achieving Cut-Through to the right audience, at the right time on the right channel is usually a fluke.There’s no silver bullet to sort this out but understanding and mitigating the risks go a long way. First up is to gain a deep understanding of an organisations work communications ecosystem, which is the lifeblood of any team. By seeing the flow of information, leaders can start to address issues and adapt their approach to communication.Bottom line, by combining the power of AI, critical thinking, and a commitment to truth and transparency, we can build resilience against the threat of miscommunication and disinformation. With viral misinformation becoming the norm, strategic employee communication is an important risk management tool.#misinformation #disinformation #employeecommunications #workcommunications #riskmanagement

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Do you ever find yourself caught up in the hustle and bustle of everyday life, constantly juggling work and personal commitments? It's time to hit pause and prioritise what truly matters most. Here’s a wellbeing tip from Nicolette Jacobs, PwC Africa Asset and Wealth Management Leader.

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Hassle-free makes you dumbAnd sometimes angry, tooOne of the first things I noticed when I moved to Dubai years ago is how quickly some people can get _very_ unreasonable. It’s hard to forget one of the first support calls we got at a previous company: “customer is here and is shouting.” Turns out, for some, it’s par for the course and got worse since then. But why? (The answer was, “Oh, they do it all the time; it’s normal.”)“We make [insert your service here] hassle-free” is what I read in pretty much every ad these days. But is hassle-free good for us? I think it’s not. In cities, everything is available as a service a click away, with armies of people working on making our lives as frictionless as possible. As a result, we are getting impatient and lose tolerance for discomfort. Instead of being happy because of "no hassle", we get angry at the smallest problem or disagreement. We become intolerant, not just as in "being a jerk", but in the word’s original meaning, too: being less able to survive things, whatever “surviving” means. If even little things bother us a lot, real problems will do us much worse.But having less hassle with some things at least gives me more time for more important things, no? Yes and no. If you don’t have to deal with small things, how do you expect to deal with the big ones? Dealing with problems gives us the skills of… well, how to deal with problems. If we miss those, we will be less effective in whatever else we do as well. If you never have to walk a mile, after a while, after a while, you may not be able to walk 10 meters either.

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How we all feeling after our first week back at work?!?! Did you know: 80 per cent of surveyed global senior risk professionals predict burnout will have a significant impact on businesses in the next year with only 41 per cent of them feeling that their organisations are equipped to deal with it" reports Khaleej Times as it shares International SOS #RiskOutlook2024 report results. Continue reading at #KhaleejTimeshttps://okt.to/aSlGnJ

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E-reputation is a concern for all businesses, from B2B firms to multinational corporations. At Griffon Risk Management, we take your reputation very seriously and make every effort to protect your brand's reputation. In our highly digital era, it has never been more important to protect your online reputation and keep it consistently positive. E-reputation is the process of protecting and sustaining your online reputation. In an era where digital privacy is becoming an increasingly important topic of discussion, e-reputation is gaining importance for both individuals and businesses. It entails establishing, maintaining, and monitoring all publicly accessible online information about yourself or your business, as well as repairing any negative comments or information that have been published online. It has never been easier to post negative comments online anonymously; consequently, it has become imperative to take measures to protect individuals and businesses from any negative comments that can be found on the Internet, including on blogs, forums, websites, and social media platforms. We assume control over content pertaining to your business or organization by speaking on its behalf. To accomplish this, we correspond with influential voices and industry experts to ensure that their message about your company remains positive. Protecting your brand and maintaining your reputation in the digital stratosphere is crucial. We conduct exhaustive audits to give you a clear picture of your e-reputation and to identify and resolve any problems. Our team of community management specialists will position you carefully and shrewdly, without endangering your business. Our objective is to positively shape the public's perception of your organization through social media monitoring, carefully crafted search queries, and public relations campaigns. If you would like to discuss how we can help you, please contact us: contact@griffonrm.com #riskmanagement #reputationmanagement #cyberriskmanagement #crisismanagement #intelligence

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💼 Curious about the financial impact of failed business trips and international assignments? 🌍Did you know that according to a Return on Investment report led by Ipsos and developed with KPMG, the cost of a failed international assignment can soar up to USD 1.25 million? 😱Deficiencies in health, safety, security, and well-being prevention of an organization’s mobile workforce can significantly contribute to failed assignments.Ready to dive deeper into the numbers? Check out the full report here: https://okt.to/gPueVBDon't let your organization fall victim to costly setbacks! 💸#ReturnOnInvestment #ROI #BusinessTrips #InternationalAssignment #Assignees #WorkforceWellbeing #Health #Safety #Security #Wellbeing 📊🌟

On the 2nd of May 2024 we releasedAon’s first-ever2024 Client Trends Report: Better Decisions in Trade, Technology, Weather and Workforce.What's inside:This comprehensive report addresses four megatrends affecting our clients globally — trade, technology, weather and workforce. Drawing on insights from SMEs across our Risk Capital and Human Capital business, the paper examines the risks and opportunities in these evolving themes.Why it matters:The actionable insights included in this report will enable our clients to make better decisions — all while mapping back to Aon capabilities aimed at helping clients navigate volatility and growing complexities. Enjoy it.https://lnkd.in/gKsx2ipB

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We are thrilled to announce that the 7th MENA Regtech Conference – UAE will be hosted by Cogent Solutions Event Management on 15th November 2023, in UAE. The conference promises to bring together industry leaders and professionals to exchange knowledge, ideas, and experiences related to Regulatory Technology.Topics covered will include Strengthening AML and OFT operations, Digital Onboarding & KYC Lifecycle Management in driving customer loyalty, advocacy, and growth, Harnessing the Power of Artificial Intelligence in the Fight Against Money Laundering (AML), Leveraging Technology to Mitigate Anti-Money Laundering (AML} , Risks in Cryptocurrencies, and much more. The event will provide an opportunity to gain knowledge from industry thought leaders, share experiences, and network with like-minded professionals.Don't miss out on this unique opportunity to learn, grow and connect with fellow industry experts at the 7th MENA Regtech Conference.Organized by:Cogent Solutions Event ManagementMedia partner:CIOTechOutlookRegister now: https://goo.su/BilAn9#csevents #conference #7thRegtechConference #RegtechConference #MENARegtech #RegulatoryTechnology #FinancialCompliance #FinancialCrimeCompliance

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