Continuation from 2020 news and wins Better late than never…… Apologise for this very belated update. Due to being busy with new clients and the launch of our new Total Compliance Solution Symbiant One, the blog got left behind. First we will welcome some new clients, outside of financial services we are pleased to welcome National […]
Read MoreThe story so far….. What an amazing start to the year, more clients joined us in January and February than the whole of last year. Some tenders we were waiting for came through and we won all of the ones we entered. (See major wins 2019) “Symbiant 1 – TeamMate 0” One of the big […]
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The nightly news provides us with images of forests burning in Siberia, Brazil and California. Such fires are often part of a natural cycle but they have been massively augmented by climate change. They cannot be stopped but there are actions that can be taken to reduce the impacts and to contain them. California has […]
Read MoreMicrosoft and Amazon did it: years of losses to establish a dominant market share, and then finally make big monopoly profits. In between, investors held their belief. Uber has lost billions over the last decade (including over $5bn in one quarter) in an attempt to do something similar, or perhaps even bigger. And recently WeWork […]
Read MoreRisk inertia strikes when risk mitigations don’t get delivered. Despite approval of action plans, risks just hang there waiting to happen. It may be people can’t be bothered, or it is too much hassle, or they don’t really believe the risk is that great or that likely to occur (in which case re-assess it). It […]
Read MoreOnce you have disrupted a market and disposed of long-standing dominant players, how do you avoid being disrupted yourself? Harvard Business School professor Clayton Christensen died recently. He is best known for introducing the idea of disruptive innovation – how small start-ups can take on and replace big firms when you would have thought that […]
Read MoreIf the entire system went down, it would cost the US $1bn a day, and worldwide, much much more. GPS (Global Positioning System), which is maintained by the US Air Force, is ingrained into daily life, being used to guide ships and planes, cranes and trucks, farming, mining and drilling – extreme dependency, you might […]
Read MoreIncidents are a component of any risk management methodology. This means having an approach to responding to incidents, to recording them, and to reviewing them to build future resilience. An additional part to this is to be outward looking: when something serious happens elsewhere, to another organisation, even in another sector or country, then this […]
Read MoreIndicators provide warnings that risks may be about to crystallise. Single indicators can provide information on complex systems or scenarios if chosen correctly, but they do need to be checked for validity. Dung beetles have been monitored for years as indicators for complex eco-systems. Their numbers can provide an indicator of the impact of activities […]
Read MoreYou take risk to get reward, and if you are dissatisfied with the reward you are getting, then you might decide to take more risk. You might decide to do something to increase your company’s profit, or to earn more money from a job or from an investment. But you have to understand the nature […]
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