Page 5 - IRMSA Risk Report 2020

INFOGR APHIC 1

EXECUTIVE SUMM AR Y 6

1 F O R E W O R D 1 7

2 MESSA GE FR OM THE IRMSA PRESIDENT,
2
BERENICE FR ANCIS 2 1

3 SCENARIOS FOR A RISK-RESILIENT SOUTH AFRIC A 2 3
3.1 P ourselv f risk-r future 25

3.2 Indlulamithi South Africa scenarios 2030 – A QUEST FOR SOCIAL COHESION 26
3.3 Frans Cronje – A TIME TRAVELLER’S GUIDE TO SOUTH AFRICA IN 2030 27
3.4 Clem Sunter’s GLOBAL FLAG WATCHING – BREAKING FUTURES 29

3.5 IRMSA’ Risk-R scenar f S Africa 32

4 SOUTH AFRIC AN T OP RISKS 3 5
4.1 V r report 37

4.2 r approach 38
4.3 R analysis 39

4.3.1 Sparseness of unified ethical and visionary leadership 41
4.3.2 C privat gover failures 43
4.3.3 Failure to root out deeply entrenched corruption 45
4.3.4 leg regulations 47
4.3.5 Ill-conceived NHI policy and/or sub-optimal implementation 49
4.3.6 Ill-conceived land reform policy and/or sub-optimal implementation 51
4.3.7 Failure to develop, attract and/or retain talent 53
4.3.8 Extreme weather events, natural disasters and climate change 55
4.3.9 Insufficient electricit energy 57
4.3.10 Disruptiv technologies 59
4.3.11 Cyberattacks theft 61
4.3.12 Failure, delay, and/or sub-optimal implementation of economic reform initiatives 63

5 C O M P E T E N C I E S T O B U I L D A R I S K - R E S I L I E N T C O U N T R Y 6 5
Risk management maturity survey 67
Management of risk survey insights based on “OUR COLLECTIVE STORIES” 75

6 O U R C A L L T O A C T I O N 8 5
Gillian le Cordeur – IRMSA’S CONTRIBUTION TO ACHIEVING “SPRING OF HOPE” 87
Graeme Codrington – A FUTURIST’S PERSPECTIVE 91
Dr. Leila Fourie – A PERSPECTIVE FROM BUSINESS 94
Parmi Natesan - A YEAR OF ETHICAL AND EFFECTIVE LEADERSHIP 95
Sonja Blignaut and Robert Koch on NAVIGATING COMPLEXITY: THE FRONTIER OF RISK MANAGEMENT 98

7 A C K N O W L E D G E M E N T S 1 0 6

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