In his famous work, The Art of War, Sun Tzu lays out a few basic principles for winning a conflict. He notes time and again that a fed- and equipped army is an effective army, so look after supply lines. This is the basic idea of Operational Resiliency, a concept gaining traction […]
24
Feb
Feb
“As risk professionals, will you step up and be bold? Step up and be the voice of risk management!” With these words, the Institute of Risk Management South Africa (IRMSA) CEO, Thabile Nyaba, launched the 2021 edition of IRMSA’s risk report. Focused on South Africa, the report breaks down the country’s opportunities and […]
22
Feb
Feb
What are the risks facing South Africa and the world this year? How can you start building a data culture in your business? And what should you look for when hiring a Chief Risk Officer? Our monthly selection of blogs from thryve’s partners Salesforce, Riskonnect and Tableau, and other interesting articles we read […]
22
Feb
Feb
The last time you stopped supporting a business, how did you do it? Did you send in a ‘Dear John’ letter, explaining why you are upset and what they did wrong? Did you declare it across social media? Probably not. Chances are you did make your unhappiness known through some correspondence and online […]
15
Feb
Feb
Analytics is only for big companies. Analytics won’t improve a broker’s system. Analytics is pointless because it just means collecting more data. These views are still prevalent among insurance professionals, particularly brokers. In an industry that already operates on customer data, why take the risk of using analytics at a high cost and […]
10
Feb
Feb
By Sean Pyott, Managing Director of thryve I’m looking forward to reading IRMSA’s new risk report, due later this month. For several years, the IRMSA report has been the primary benchmark for summarising South Africa’s risk – developed because global risk reports don’t provide the nuance we need for a local context. That […]
25
Jan
Jan
How is data helping Starbucks change its operations? What can advisers do to boost their networks on LinkedIn? And could you use a quotable quote or two? Our monthly selection of blogs from thryve’s partners Salesforce, Riskonnect and Tableau, as well as other interesting articles we come across, have all the answers. So […]
18
Jan
Jan
Write down the phrase ‘customer data platform.’ If you’re not familiar with this concept yet, you will get to know it during 2021. Customer data platforms (CDPs) represent a critical step towards using data more effectively to manage customer needs within a company. In fact, not just needs but everything relating to your […]
10
Jan
Jan
2020 started on quite a high. Global insurance premiums topped $5 trillion, according to Accenture1, and financial services could afford to worry more about technological disruption than market turmoil. But as has been the case countless times in human history, a plague arrived and upset everything. Last year will go down as one […]
10
Jan
Jan
Since 2014, the Institute of Risk Management South Africa (IRMSA) has released an annual report focusing specifically on South Africa’s risk landscape. Soon to appear in its seventh edition, this report is already widely recognised as the definitive view on South Africa’s different risks, how they impact its people and industries, and what […]