VirtueSpark Insights Newsletter – Nov 2019


to the latest edition of the VirtueSpark newsletter for those with an interest in integrated risk management. Featuring in this edition:

  • Expert Interview with Andrea Bonime-Blanc on her new book
  • Win a signed copy of Gloom to Boom
  • 7 Aspects to consider when setting up a risk management program
  • "A rose by another name.." - Why choose the name VirtueSpark?
  • Did you know? - Fun facts about VirtueSpark

Expert Interview - Andrea Bonime-Blanc on her new book

In the fierce battlegrounds of business, government and the non-profit sectors, there’s a new survival guide to help leaders transform risk into resilience and value and go from gloom to boom.

In her recently released book titled “Gloom to Boom,” Dr. Andrea Bonime-Blanc, Founder & CEO of GEC Risk Advisory, a global governance, risk, ethics and cyber advisory firm, makes the assertion that leaders take risks but often without fully understanding risk at a strategic level.
 “For many leaders, including board members, taking risk without knowledge or preparation can lead to organizational crisis, scandal and value destruction,” says Dr. Bonime-Blanc. Conversely, for those who are prepared, she says, resilience follows and so does the ability to transform risk into opportunity and value for stakeholders.

The book explores surviving and thriving in turbulent times. There’s a section on navigating through the “Scylla and Charybdis” of Environment, Society, Governance and Technology (ESGT) and then the focus switches to “Boom” and how to achieve sustainable resilience and value.

Gloom to Boom provides a practical roadmap for leaders to achieve organizational resilience, sustainability and value for all stakeholders by fully understanding and deploying their strategic environmental, social, governance and technology issues, risks and opportunities.
It has been described by one reviewer as: "A book as impressive in its breadth of content as its optimism...offers compelling analysis of the most pressing issues of the day, pairing them with concrete strategies a wide variety of organizations are capable of adopting...a book not to be missed."

Your chance to win a copy of Gloom to Boom

And the good news of the day is that we have two signed copies of Andrea's book to give away.

From all newsletter subscribers, on December, 18th we will draw two winners out of the bag at a special pre-Christmas event. Each winner will receive a copy of the book signed by the author.
Follow us and look out for more details on LinkedIn.

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7 aspects to consider when setting up your first risk management program

If you are about to implement a risk management program and don’t feel comfortable about how and where to start, you’re not alone. We highlight seven aspects that you might want to consider in order to turn your risk program into a success.

The keys to success:

  • make it value-adding
  • think like a CEO
  • create awareness
  • don’t copy someone else's work
  • don’t waste your time on policies
  • use software
  • start small, think big

Click on the button to read the full article.

"A rose by any other name..."

as in the words of Shakespeare, "would smell as sweet". But what was the inspiration behind the name VirtueSpark. Founder and Managing Director Pascal Busch explains the spark that ignited the name.

Did you know?

Enterprise Java has proven to be one of the most often used and most robust platforms for business applications. We have chosen to build the VirtueSpark solution on that technology for two main reasons:
1. Securely process data
Enterprise Java comes with mechanisms to secure and protect data. Especially since our clients use the software to manage risk, exposure and company decision related information it is our duty to make sure that this data is protected,
2. Everything is connected
Java is an object oriented programming language. It perfectly supports our "Everything is connected" design paradigm and is required to enable the dynamic creation of relations between objects on the platform. Otherwise it would have been difficult to provide the multi-dimensional systemic relation maps that allow for more comprehensive decisions and a true end-to-end integration.