IABFM Articles

The Final Word - Octomer 2004 (December 2006) | Risk Management
by Michael Vincent

Three concepts were explored over the time, they were, 1. risk finance, 2. reputation risk and 3. cindynics. Caroline and I both thought the last concept was worthy of sharing. ...[ Read More ]

The Final Word - September 2004 (December 2006) | Risk Management
by Michael Vincent

Research demonstrates that there are three stages of executive development, early middle, senior and executive management. These need to be mentored and managed by retired persons of eminence from the industry whose experience is passed systematically to the following generation. ...[ Read More ]

Training Prospectus (December 2006) | Risk Management
by Michael Vincent

This separation is the paramount aim of the unit’s training philosophy and programs. These programs are offered in house and by demand in public forums. The understanding of the separation will lead to better implementation of a risk culture in all organisations over time. ...[ Read More ]

CPRM Introduction (December 2006) | Risk Management
by Michael Vincent

Risk management works if companies can set clear objectives, it is important that they are expressed around the future and not the past or indeed even the present. Directors and officers need to continually ask themselves whether the objectives as set will meet the needs for the future to at least an horizon of two to three years. If this is done effectively then the application of risk management becomes an essential tool for reducing the probability that corporate objectives will be jeopardised by unforeseen events. ...[ Read More ]

The Dimensions of Risk Management - July 2000 : The Recurring Patterns (December 2006) | Risk Management
by Michael Vincent

Last month we looked at the first five recurring patterns as described in “World of Risk” by Mark Haynes Daniell, this month the last five are discussed. A close examination of the ten patterns creates the environment of the risk manager in the future and illustrates the need for ongoing and continuous education. ...[ Read More ]