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Strategic Foresight
Gathering and filtering the content
Wilson Fyffe
President
The Futurist Institute
Singapore
March 2014

1

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves
The 5 most important messages
1.

2.
3.

4.

5.

2

ERM is now delegated
from the CEO
ERM is a rapidly
expanding topic
Rapid ERM education
tools are available online
The Enterprise Risk
Profile can be reduced to
a single value
ERM well done can be
an asset

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves
ERM is now delegated from the CEO
Publicly listed companies
in the USA are required to
declare risks in their annual
reports (“Form 10-k”)
2. Many major organizations
have risk management
committees
3. The “Chief Risk Officer”
role is becoming more
common
4. ERM is now appearing in
the responsibilities lists of
many operations
executives
1.

3

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves
ERM is a rapidly expanding topic
 The probability mathematics

developed in the 17th and 18th
centuries by Pascal, Fermat and
the Bernoulli brothers, James
and Nicholas, led to the
formation of risk insurance
organizations such as Lloyds of
London.
 Understanding the chances of
success of trading ships’
voyages allowed greater
investment in the shipping
industry
 This has led to a very large
community of ERM
professionals and a demand for
assistance from IT
4

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves
Rapid ERM education tools are available online
An online solution available
from Amplios Group:
 A database of thousands of
future events complete with
source references
 The probability of occurrence
of future events X their
impact on our business case
gives us the relative
weighted outcomes.
 These can be assigned
positive or negative values
 The events can be color
coded to show our degree of
control

5

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves

<<< Negative | Positive >>>

We can communicate the
overall sense of risk with a
bar chart like the above
Rapid ERM education tools are available online . . .

The service
accommodates
> 1,000 topics
X > 500
locations X >20
languages

Global
issues
Country
issues

6

Local
issues Copyright 2014 Amplios Consultants Pte Ltd.
(c)
All rights reserves
Rapid ERM education tools are available online . . .

7

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves

The graph
gives an
overall sense
of risk for this
particular
investment
scenario. The
overall
weighted
impact
reduces the
scenario to a
single value.
The future
events and
their values
can be
changed
online, giving
an alternate
scenario.
ERM well done can be an asset
 It gets all your

stakeholders and
management on the same
page
 Is an important ingredient
in talent management, in
particular attraction of new
employees
 Shareholders, both private
and public, place a high
value on the organization’s
performance here
8

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves

Our Amplios ERM methodology
was featured recently by the
Switzerland-based futurist
Woody Wade
www.11changes.com
Thank you for your visit

To contact us, please
Visit our website:

Web:
www.amplios.net
Email us at:
ERM@amplios.net
Attention:
Wilson Fyffe
President

9

(c) Copyright 2014 Amplios Consultants Pte Ltd.
All rights reserves

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Strategic Foresight - Gathering and filtering the content

  • 1. Strategic Foresight Gathering and filtering the content Wilson Fyffe President The Futurist Institute Singapore March 2014 1 (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves
  • 2. The 5 most important messages 1. 2. 3. 4. 5. 2 ERM is now delegated from the CEO ERM is a rapidly expanding topic Rapid ERM education tools are available online The Enterprise Risk Profile can be reduced to a single value ERM well done can be an asset (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves
  • 3. ERM is now delegated from the CEO Publicly listed companies in the USA are required to declare risks in their annual reports (“Form 10-k”) 2. Many major organizations have risk management committees 3. The “Chief Risk Officer” role is becoming more common 4. ERM is now appearing in the responsibilities lists of many operations executives 1. 3 (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves
  • 4. ERM is a rapidly expanding topic  The probability mathematics developed in the 17th and 18th centuries by Pascal, Fermat and the Bernoulli brothers, James and Nicholas, led to the formation of risk insurance organizations such as Lloyds of London.  Understanding the chances of success of trading ships’ voyages allowed greater investment in the shipping industry  This has led to a very large community of ERM professionals and a demand for assistance from IT 4 (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves
  • 5. Rapid ERM education tools are available online An online solution available from Amplios Group:  A database of thousands of future events complete with source references  The probability of occurrence of future events X their impact on our business case gives us the relative weighted outcomes.  These can be assigned positive or negative values  The events can be color coded to show our degree of control 5 (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves <<< Negative | Positive >>> We can communicate the overall sense of risk with a bar chart like the above
  • 6. Rapid ERM education tools are available online . . . The service accommodates > 1,000 topics X > 500 locations X >20 languages Global issues Country issues 6 Local issues Copyright 2014 Amplios Consultants Pte Ltd. (c) All rights reserves
  • 7. Rapid ERM education tools are available online . . . 7 (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves The graph gives an overall sense of risk for this particular investment scenario. The overall weighted impact reduces the scenario to a single value. The future events and their values can be changed online, giving an alternate scenario.
  • 8. ERM well done can be an asset  It gets all your stakeholders and management on the same page  Is an important ingredient in talent management, in particular attraction of new employees  Shareholders, both private and public, place a high value on the organization’s performance here 8 (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves Our Amplios ERM methodology was featured recently by the Switzerland-based futurist Woody Wade www.11changes.com
  • 9. Thank you for your visit To contact us, please Visit our website: Web: www.amplios.net Email us at: ERM@amplios.net Attention: Wilson Fyffe President 9 (c) Copyright 2014 Amplios Consultants Pte Ltd. All rights reserves