In this article, Martin Pergler explains why timing is so important when applying risk insights to strategic decision-making. Why timing is everything when it comes to effective risk management There is much discussion over how institutions should do risk management. In addition to who should be doing it, what is it (risk management… even risk itself) and why it is necessary. Much less is said about when to do risk management. And yet timing is everything. Institutions that mistime their…

Boris Galonske shares an article that explores how to manage commodity economics and exposures protecting company financials and decreasing vulnerability. The war in the Ukraine has caused turmoil not only in energy markets but also in broader commodity markets. As such not only companies’ financials are at stake, structural risk exposures and vulnerabilities have surfaced. What to expect … A new normal … In February 2022 the war in the Ukraine started adding another element of political risk[1] to the…

Umbrex is pleased to welcome Kirstie Gust with Conintento Consulting. Kirstie has more than ten years of experience advising Fortune 500 companies in process and program design, implementation, improvement, management, monitoring, and auditing. With previous employers including KPMG and McKinsey & Company, Kirstie has built her career as a trusted partner for organizations across industries. Kirstie specializes in Operational Risk Management, Third Party Risk Management, Fraud Prevention, Finance and Accounting Processes, and Strategic Alignment….