“The Institute of Risk Management (IRM) has established a forum to collect and collate risk management related ideas and trends that are emerging from the recession. It includes information on how the recession is impacting both risk management systems and the role of risk managers: Recession Watch.
The recession has an impact on everyone: the personal effects of recession can be devastating and organisations are changing the way they look at and apply risk management practices as a result of the economic instability.
The key objective is to collect and share experiences and learning on how risk management can help organisations cope with current conditions and indeed become stronger, using the current focus on risk in the recession as an ‘opportunity’ rather than as a ‘threat’.”
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