Posted by Craig on June 15, 2011
Article published in OHS Professional magazine: Mining safety: mind the gaps.
While mining is sustaining Australia’s economy, experts acknowledge that the production over safety debate still rages. Craig Donaldson explores this issue and looks at how mining companies can develop real cultures of safety. See the full article here, starting page 14 (PDF version) …
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Posted by Craig on June 14, 2011
Article published in Risk Management magazine: Getting AML right.
With AUSTRAC taking a more active approach in enforcing anti-money laundering laws, risk management professionals need to be vigilant when it comes to compliance, writes Craig Donaldson. See the full article here (PDF scan) …
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Posted by Craig on June 10, 2011
Article published in Risk Management magazine: Cyber attacks increase on resources companies.
Major resources companies are experiencing an increase in cyber attacks, with both competitors and foreign countries looking for information that will give them a commercial advantage, writes Craig Donaldson. See the full article here …
Posted in Risk management, Security, Technology | Comments Off
Posted by Craig on June 1, 2011
Article published in Risk Management magazine: Building internal audit from the ground up.
The Hollard Insurance Company has taken a whole-of-business approach in building a strong internal audit program, writes Craig Donaldson. See the full article here …
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Posted by Craig on May 29, 2011
Article published in Risk Management magazine: Has BCM lost its way?
While the mechanics of companies’ business continuity plans are often fine in theory, management often overlooks the basic fact as to whether or not they would work in practice. See the full article here …
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Posted by Craig on May 21, 2011
Article published in Risk Management magazine: Chinks in the armour.
Fraud is an ongoing issue for many Australian organisations. Craig Donaldson looks at the latest fraud trends, explores the most common vulnerabilities and details how companies can take a proactive and preventative approach to fraud. See the full article here, starting page 12 …
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Posted by Craig on May 19, 2011
Article published in Risk Management magazine: Safety the biggest risk for oil and gas operators.
Safety will be one of the biggest risks for the oil and gas industry as it actively recruits more skilled workers. See the full article here …
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Posted by Craig on May 6, 2011
Article published in Risk Management magazine: The risks of a rising dollar.
With a high Australian dollar, companies should revisit their risk management strategies and implement good hedging policies, writes Craig Donaldson. See the full article here …
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Posted by Craig on April 29, 2011
Article published in Risk Management magazine: Rising up through the risk ranks.
Risk management professionals require a unique skill set in order to be effective at senior levels. Craig Donaldson speaks with three risk management leaders about their experience, the evolution of careers in risk management and what steps risk professionals need to take to make the chief risk officer grade. See the full article here, starting page 13 …
Posted in Leadership, Risk management | Tagged: career development, professional development, risk careers, Risk management, risk management careers | Comments Off
Posted by Craig on February 22, 2011
Article published in Risk Management magazine: Paving the way to corporate governance.
Corporate governance has come a long way in recent years. However many companies still struggle to build a strong organisation-wide culture of governance, writes Craig Donaldson. See the full article on page 20 (free subscription required) …
Posted in Leadership, Risk management | Comments Off
Posted by Craig on February 22, 2011
Article published in Risk Management magazine: Bridging the risk management and compliance gap.
While corporate governance is well developed in listed Australian companies, the practice of risk management is less so, with some companies considered complacent in terms of risk management planning, writes Craig Donaldson. See the full article on page 18 (free subscription required) …
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Posted by Craig on January 23, 2011
Article published in Government News: Facing up to risky business.
Local governments face a unique set of challenges when it comes to governance and risk management, writes Craig Donaldson. See the full article here …
Posted in Government, Risk management | Tagged: corporate governance, governance, government, public sector, Risk management, risk mitigation | Comments Off
Posted by Craig on November 23, 2010
Article published in Risk magazine: The Christchurch earthquake: business continuity planning in practice.
Unisys and its clients benefited from a well-developed business continuity plan following the Christchurch earthquake. See the full article on page 18 (free subscription required) …
Posted in Risk management | Tagged: business continuity, business continuity plans, Christchurch earthquake, crisis management, disaster management, disaster recovery, Risk management, scenario planning, Unisys | Comments Off
Posted by Craig on October 23, 2010
Article published in OHS Professional magazine: Building cultures of safety.
It is well established that organisational leaders at every level are responsible for shaping and building cultures of safety. Craig Donaldson looks at this process in practice and examines how OHS professionals can engage leaders to build cultures of safety. See the full article on page 16 (PDF version) …
Posted in OHS, Risk management | Tagged: health and safety, OHS, OHS culture, organisational culture, safety, safety culture | Comments Off
Posted by Craig on October 22, 2010
Article published in OHS Professional magazine: Leading the way in mining safety.
Alcoa of Australia has one of the lowest lost workday injury rates in the country. Craig Donaldson speaks with the company’s director of safety, Carl Phillips, about the company’s innovative approach to safety. See the full article on page 26 (PDF version) …
Posted in OHS, Risk management | Tagged: Alcoa, aluminium, mining, mining safety, OHS, resources, safety, workplace safety | Comments Off
Posted by Craig on September 18, 2010
Article published in Risk magazine: Lockdown: tightening up facility security.
Facility security professionals need to take a more efficient and strategic approach to managing the sites and buildings which they are responsible for. Craig Donaldson explores some of the latest trends in facility security, reveals some of the common vulnerabilities and looks at how facility security management can be taken to the next level. See the full article on page 18 (free subscription required) …
Posted in Risk management, Security | Tagged: access control systems, building management, emergency planning, facility security, facility security management, facility security technology, incident management, site risks, site security | Comments Off
Posted by Craig on September 18, 2010
Article published in Risk magazine: BP under fire over oil spill report.
BP has come in for more criticism following the release of its official report into Gulf of Mexico oil spill. See the full article here …
Posted in Risk management | Tagged: BP report, Deepwater Horizon, Gulf of Mexico oil spill, Halliburton, Macondo incident, oil spill investigation, Risk management, Transocean, well construction, well design | Comments Off
Posted by Craig on August 26, 2010
Article published in Risk magazine: A return to real governance.
Boards’ focus in the economic crisis post-mortem should be on returning to “real” governance. See the full article here …
Posted in Leadership, Risk management | Tagged: Board composition, Board responsibilities, Board structures, checks and balances, corporate governance, risk assessment, risk competencies, Risk management, risk skills | Comments Off
Posted by Craig on July 29, 2010
Article published in Risk magazine: Tapping into corporate fraud.
Fraud is on the rise across Australia – and is costing companies billions of dollars every year. Craig Donaldson looks at the latest trends in fraud post GFC, how Boards and executives can tackle the issue and key steps for risk professionals in embedding an effective anti-fraud culture across their organisation. See the full article on page 16 (free subscription required) …
Posted in Risk management | Tagged: anti-fraud culture, corporate fraud, fraud, fraud audits, fraud cases, fraud drivers, fraud perpetrators, fraud risks, fraud victims, internal controls, Risk management | Comments Off
Posted by Craig on July 29, 2010
Article published in Risk magazine: Stemming NRL salary cap scandals.
The Melbourne Storm salary cap scandal is the latest to beset the NRL, bringing into question the credibility of its risk management and compliance processes. See the full article here …
Posted in Risk management | Tagged: compliance, contract system, Melbourne Storm, non-compliance, NRL, Risk management, salary cap auditing, salary cap breaches, salary cap scandal, whistleblowing | Comments Off
Posted by Craig on July 9, 2010
Article published in Risk magazine: Building a culture of compliance.
While companies are getting better at compliance, compliance professionals need to take a more active role in securing the support of Boards and management. See the full article here …
Posted in Law, Risk management | Tagged: compliance, compliance activities, compliance program, compliance responsibilities, compliance standard (AS/NZ 3806), compliance training, financial resources, legal compliance | Comments Off
Posted by Craig on June 24, 2010
Article published in Risk magazine: Be prepared with business continuity.
Business continuity planning leaves a lot to be desired at some companies. Craig Donaldson looks at some of the latest trends and examines how companies can get up to speed with good business continuity. See the full article on page 16 (free subscription required) …
Posted in Risk management | Tagged: business continuity, business continuity management, business continuity planning, crisis management, critical asset recovery, disaster recovery, service recovery | Comments Off
Posted by Craig on June 23, 2010
Article published in Risk magazine: Corruption comes to surface in Securency scandal.
Allegations about widespread bribery and corruption at Securency, a Reserve Bank of Australia subsidiary which produces and supplies polymer banknotes, have raised serious concerns about the company’s management and corporate culture amidst an ongoing Australian Federal Police (AFP) investigation. See the full article here …
Posted in Risk management | Tagged: bribery, compliance, corporate culture, corporate governance, corruption, corruption risk assessments, internal culture, prosecution, regulatory investigation, Securency | Comments Off
Posted by Craig on April 23, 2010
Article published in Risk magazine: The risks of relying on credit agencies.
Former Citigroup leaders recently claimed that they didn’t look too closely at mortgage assets in the lead up to the GFC because they were AAA-rated, bringing into question both the credibility of credit-rating agencies and the internal risk processes of banks globally. See the full article here …
Posted in Finance, Risk management | Tagged: Citigroup, collateralised debt obligations, Financial Crisis Inquiry Commission, Moody’s Investors Service, residential mortgage-backed securities, Risk management, Standard & Poor’s | Comments Off
Posted by Craig on April 20, 2010
Article published in Risk magazine: Laying down the internal audit law.
The Institute of Internal Auditors Australia (IIA) recently called for non-negotiable risk assurance standards to be introduced for ASX-listed companies. Craig Donaldson examines how public companies fare when it comes to internal audit and looks at the implications of the IIA’s policy in practice. See the full article on page 20 (free subscription required) …
Posted in Law, Risk management | Tagged: ASX Corporate Governance Principles, auditing, IIA, Institute of Internal Auditors, internal audit, risk management assurance | Comments Off
Posted by Craig on April 20, 2010
Article published in Risk magazine: Combating a culture of kickbacks.
Doing business in countries where bribery and kickbacks are part of the business culture presents a unique set of challenges for Australian companies. See the full article on page 14 (free subscription required) …
Posted in Risk management | Tagged: bribery, corporate governance, corruption, culture, ethics, kickbacks, Rio Tinto, Risk management, Stern Hu | Comments Off
Posted by Craig on February 22, 2010
Article published in Risk magazine: Litigation risk rattles corporate cages.
As companies in Australia emerge from the immediate pain of the global financial crisis, experts are warning of a potential wave of post-GFC litigation. Craig Donaldson find out how to manage the risk of legal action. See the full article on page 12 (free subscription required) …
Posted in Law, Risk management | Tagged: class action risks, compliance, GFC, handling litigation, litigation risk, managing litigation risk, regulation, Risk management | Comments Off
Posted by Craig on December 3, 2009
Article published on ninemsn: Fail! The 10 worst business decisions.
Over the centuries, there have been some crackers when it comes to bad business decisions. Craig Donaldson lists 10 of the classic additions to the hall of bad business decisions fame. See the full article here …
Posted in Finance, Risk management | Tagged: bad business decisions, business strategy, decision making, poor business choices, worst business decisions | Comments Off
Posted by Craig on November 24, 2009
Article published on ninemsn: How to protect your business against interest and currency rate change risks.
Businesses need to prepare themselves for both higher interest rates and the possibility of a strong Australian dollar over the years to come, writes Craig Donaldson. See the full article here …
Posted in Finance, Risk management | Tagged: business risks, currency rate changes, interest rate changes, interest rate trends, managing currency rates, Risk management | Comments Off
Posted by Craig on November 20, 2009
Article published on ninemsn: How to keep going when disaster strikes.
Business continuity planning is one of the most common precautionary steps a company can take to prepare for any level of operational interruption. Craig Donaldson explores some of the common business continuity risks and how to plan for them. See the full article here …
Posted in Risk management | Tagged: business continuity, business continuity institute, business continuity planning, business continuity risks, continuity plans, Risk management, risk management planning | Comments Off
Posted by Craig on November 11, 2009
Article published on ninemsn: How to manage people risk in your business.
They’re the engine that powers your business, but how do you stop them becoming the risk that puts you under? Craig Donaldson looks at how you can manage people risk. See the full article here …
Posted in Human resources, Risk management | Tagged: ageing workforce, fraud, managing people risks, misappropriation, OHS, people risk, recruitment, Risk management, workplace health, workplace safety, workplace theft | Comments Off
