Business Management, Risk & Assurance Professionals

Business Management, Risk Assurance Professionals

Are you Prepared to Capture the Post Pandemic Growth?

Happy New Year.  JNW is positive about 2021.  As Victoria’s economy recovers from the impact of the coronavirus pandemic, now is the time to establish a strategic agenda to navigate out of the complexities of COVID and capitalise on the potential upside growth. To help, we thought we would share some of our learnings obtained […]

COVID Vaccine Rollout Risks – Don’t Pop the Corks Just Yet

News story vaccinations begin

https://www.theage.com.au/politics/federal/australia-s-vaccine-plan-under-a-cloud-following-new-european-export-rules-20210127-p56x7b.html With the roll out of the COVID-19 vaccines positively imminent, businesses still need to remain vigilant and nimble to respond to any timing set-backs.  Presently it is envisaged that Australia’s vaccination program will be complete by October, which is great news for a “return to normal”.  However, if you contemplate the global deployment risks […]

JNW Strategic Consulting’s Opportunity Tips for 2021

Congratulations, You have survived a most unprecedented year. History will write that 2020 was a very challenging year for livelihoods, both personally and business wise. With Christmas coming up, it is apt to reflect and congratulate ourselves on getting through this significant event. Moving into 2021, it is important we take the learnings and move […]

COVID-19: Risks to Combat

Are Your Controls Still Effectively Managing Your Risks Warren Buffett says “you only see who is swimming naked, when the tide goes out”.  Today, business models are quickly changing, staff are working from home, service delivery is going online and the focus is on response and recovery from COVID-19.  This is distracting attention away from […]

JNW Strategic Consulting’s 2020 Control Focus Tips

1. Governance – oversight of culture and conduct Many senior business people have had their reputations trashed by the Hayne Royal Commission for not “doing the right thing”. Hayne provided many valuable insights and lessons for everyone responsible for the governance of organisations, including these simple business conduct rules: 1. Obey the law;2. Do not […]

JNW Strategic Consulting’s 2019 Risk Landscape

A group of cyclists engaged in a road race

1. Disruption through technology and new operating models Boards need to identify emerging operating models, technological trends and new start-up competitors.  Companies like Uber have transformed long established industries.  It’s time to strategically plan for disruption. 2. Economic slowdown (global instability/political uncertainty) 2019 is likely to bring significant financial insecurity.  The RBA recently said “the […]

ASIC berate boards with APRA/CBA report

A rock climber on a vertical rock face

Whilst the obligations for board members has not changed, the spotlight is being shone on practices that may have slipped down in agenda priority – oversight of risk, culture, roles and responsibilities and remuneration structures. To ensure a balanced response, JNW recommends that the Executive Team conduct a Self-Assessment HealthCheck against the APRA findings. Ideally […]