Page 72 - 2022 IRMSA Risk Report
P. 72

SECTION 4: IRMSA’s Call to Action



          4.1 Introduction                                    Whilst developed countries are focusing on
          In the 2021 South Africa Risk Report, IRMSA         risks such as climate change and harm to the
          highlighted that our country had to become risk     Lˆœ`ˆÛiÀÈÌÞ] ̅i >`>«Ìi` ̈`>‡Ü>Ûi }À>«…ˆV vœÀ -Ƃ]
          intelligent and resilient to recover from corruption,   >à ÀiyiVÌi` LiœÜ] ˆÕÃÌÀ>Ìià ̅i “œÀi ˆ““i`ˆ>Ìi
          ՘i“«œÞ“i˜Ì] >˜` > y>ˆˆ˜} iVœ˜œ“Þ] >à Üi >à     risk landscape that South Africans are facing.
          the other risks. The absolute reasons for this are
          the speed of change, the systemic nature of the
          ˆ`i˜Ìˆwi`  ̅Ài>Ìà  >˜`  ̅i  ˜iViÃÈÌÞ  vœÀ  iÝVii˜Ì
          `iVˆÃˆœ˜  “>Žˆ˜}  ̜  ˜>ۈ}>Ìi  ̅i  VœÕ˜ÌÀÞ  ̜  œÜ˜
          ˆÌà  vÕÌÕÀi°  /…ˆÃ  ۈiÜ  ˆÃ  >“«ˆwi`  ˆ˜  ÓäÓÓ]  >à  ̅i
          ܜÀ` Vœ˜Ìˆ˜ÕœÕÃÞ V…>˜}iÃ] >˜` ˜œÌ ÕÃÌ LiV>ÕÃi
          of COVID-19.
          /…i  «>˜`i“ˆV  ÕÃÌ  …ˆ}…ˆ}…Ìi`  ̅i  Üi>Ž˜iÃÃiÃ
          in public and private leadership responses to
          it. In addition to the obvious challenges of the
          past year, organisations still need to manage
          iÝ«œ˜i˜Ìˆ>  }ÀœÜ̅  œv  ˆ˜vœÀ“>̈œ˜]  >`œ«Ìˆœ˜
          œv  ˜iÜ  ÌiV…˜œœ}ˆià  ܈̅  >VViiÀ>Ìi`  `ˆ}ˆÌ>
          transformation, industry disruption and global
          crises such as the political issues facing the United   Source: Adapted from ‘Collapsing biodiversity is another
          States, Russia, and China.                          looming wave of destruction’ by Graeme McKay, Artizans
                                                              Entertainment Inc.
          This is, again, emphasised in the 2022 Report
          because this is not the last or the only driver of   -œ]  vœÀ  Õà  ̜  Ài뜘`  >`iµÕ>ÌiÞ  ̜  ̅i  ˜iÝÌ
          V…>˜}i ̅>Ì Üi ܈ iÝ«iÀˆi˜Vi°  /…ˆÃ «œˆ˜Ì ˆÃ LiÃÌ   `ˆÃÀի̜À]  >˜`  ̅i  œ˜ià  ̜  ՘`œÕLÌi`Þ  vœœÜ]
          made by a graphic by Graeme McKay, Artizans          , -Ƃ  ˆ`i˜Ìˆwi`  ̅i  vœœÜˆ˜}  vœVÕà  >Ài>à  >Ì
          Entertainment Inc.
                                                              national, organisational and risk professional levels.
                                                              •  Make clear sense of uncertainty and the risks it
                                                                 ˆ˜ÌÀœ`ÕViÃ] >œÜˆ˜} vœÀ «Àœ>V̈Ûi ˆ`i˜ÌˆwV>̈œ˜
                                                                 of threats and opportunities.
                                                              •   i>`iÀň«  ˆ`i˜Ìˆwià  ̅iÃi  ̅Ài>Ìà  >˜`
                                                                 œ««œÀÌ՘ˆÌˆià  «Àœ>V̈ÛiÞ  ˆ˜  Vœ>LœÀ>̈œ˜  ܈̅
                                                                 the strategy, risk and resilience professionals.
                                                              •  Continuously interrogate the global, continental
                                                                 >˜`  ˜>̈œ˜>  Vœ˜ÌiÝÌÃ]  >à  >˜  œ««œÀÌ՘ˆÌÞ  ̜
                                                                 inform the relevant and timeous development
                                                                 of robust and resilient risk response strategies
                                                                 at country level.
                                                              •   Ո` Vœ“«iÌi˜Vi ˆ˜ ՘`iÀÃÌ>˜`ˆ˜} Vœ“«i݈ÌÞ°
                                                                 Think and design alternative futures and
                                                                 responses to potential threats and opportunities
                                                                 – in advance and based on future thinking and
                                                                 scenario planning.
          Source: “Collapsing biodiversity is another looming wave of
          destruction” by Graeme McKay, Artizans Entertainment Inc.  •  Develop and deliver risk response strategies
                                                                 that support timeous, risk-informed and robust
                                                                 decision making and action.
          "ÕÀ  i>À˜ˆ˜}à  vÀœ“  ܓi  Þi>Àà  L>VŽ]  ܅ˆV…  >Ãœ   •   ˜ÃÕÀi ̅>Ì «>˜˜ˆ˜}] iÝiVṎœ˜] “œ˜ˆÌœÀˆ˜} >˜`
          became the founding reason for the IRMSA Risk          learning form part of the integrated thinking
          ,i«œÀÌÃ] ˆÃ ̅>Ì }œL> ÀˆÃŽÃ œÀ Ü>Ûià œv `iÃÌÀÕV̈œ˜]   process and result in a resilient leadership
          `œ  ˜œÌ  ˜iViÃÃ>ÀˆÞ  >Ü>Þà  ÀiyiVÌ  ̅i  ̅Ài>Ìà  >˜`   culture supporting timeous but urgent action.
          œ««œÀÌ՘ˆÌˆià ̅>Ì -Ƃ `i>Ã ܈̅] >Ì i>ÃÌ ˜œÌ ܈̅ˆ˜
          ̅i -œÕ̅ ƂvÀˆV>˜ Vœ˜ÌiÝÌ°

      70   IRMSA RISK REPORT • SOUTH AFRICA RISKS • EIGHTH EDITION
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