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The Kenya Times
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    Murkomen Launches Crackdown On Boda Boda Gangs In Vihiga

    Murkomen Orders Crackdown on Boda Boda Gangs After Matatu Torched in Vihiga

    Man With Police Handcuffs Nabbed In Cbd

    Man With Police Handcuffs Nabbed in Nairobi CBD Crackdown on Criminal Gangs

    How To Pay Motor Vehicle Annual Road License Fees

    Guide to Online Payment of Annual Motor Vehicle Road Licence

    Photo Of Safaricom Chapa Dimba Players Travelling To Spain In 2025. Photo- Safaricom

    25 Kenyans Fly to Spain for Week-Long Football Training

    How To Reverse A Wrong M-Pesa Transaction

    How to Reverse an M-PESA Transaction Error

    A Photo Collage Of Former Deputy President Rigathi Gachagua And Dcp Aspirant Duncan Mbui Photo/Rigathi Gachagua/Duncan Mbui Facebook

    Blow to Gachagua as DCP Aspirant Goes Independent Ahead of By-Elections

    Israel Prime Minister Benjamin Netanyahu. Photo/Prime Minister Of Israel.

    Israeli Army Calls on Residents to Leave Gaza City After Netanyahu Approved Gaza Takeover

    74 Companies Face Deregistration In Registrar’s Notice

    Kenyans Asked to Submit Objections as 74 Companies Face Deregistration [LIST]

    President Donald Trump Signing An Executive Order Into Law In 2025 Photo/White House

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      How To Renew A Driving License Online

      Step by Step Guide on How to Renew a Driving License Online

      How To Restore Google’s Latest Phone App Update

      Google Changed Your Call Screen—Here’s How to Switch It Back

      A Photo Of Artificial Intelligence (Ai) Photo/ Sbs Cyber Security

      Kenya Ranks 8th in Africa for AI Readiness, Among Nations Set to Gain Ksh17 Trillion by 2030

      Screenshot/Apple/Tea Dating Advice

      Popular Women Dating ‘Tea App’ Hit With Massive Data Breach

      How To Withdraw Paypal Funds Through Safaricom M-Pesa App

      How to Withdraw PayPal Funds Through Safaricom M-PESA App

      Africa Has Seen A Growth In Ai Development From Being Merely A Consumer To Now Taking Up Space And Being A Creator And Innovator.

      Hard Truths on Tech, Education and AI in Africa

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    Kra Commissioner General Humphrey Wattanga Speaking During The 52Nd East African Revenue Authorities Commissioners General (Earacg) Meeting 2025 Photo/Kra

    How KRA Saved Govt Ksh 123M in Foiled Tax Fraud

    How To Transfer Motor Vehicle Ownership Online

    Complete Guide on How to Transfer Motor Vehicle Ownership in Kenya Online

    A Photo Of The United Nations Sacco Branch Building Photo/United Nations Sacco

    United Nations Sacco: Membership Requirements, Loan Options, Savings And Interest

    Manganese Mined In Kenya. Photo/Marulaplc

    London-Based Firm to Acquire Kenya’s Bamba Mining Project for Up to Ksh 47 Billion

    New Hustler Fund Ceo Henry Tanui, Fourth From Left, Cooperative Cs Wickliffe Oparanya And Other Officials. Photo/ File

    Henry Tanui Appointed New Hustler Fund CEO

    A Photo Of The Imarisha Sacco Branch In Kenya Photo/Imarisha Sacco

    Imarisha Sacco: Membership Requirements, Savings, Loans Options And Interest

    Officials Of The Kenya Bankers Association During A Past Meeting. Photo/Kba

    Kenyan Banks List Six Benefits of New Loan Formula for Borrowers

    Ecitizen Users Report Billing Error As Ntsa Vows Refunds

    NTSA Responds to Complaints Over Extra Charges on eCitizen Platform

    President William Ruto Joins Kepsa Leaders As They Mary 20Th Anniversary In December 2024. Photo/ Pcs

    Kenya’s Private Sector Nears Recovery as Business Confidence Hits 30-Month High

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    Sha Warns Employers Of 2 Per Cent Penalty For Late Shif Payments

    SHA Issues Warning to Employers on Penalties for Late SHIF Payments

    Govt Warns Of Growing Number Of Mental Health Cases Among Civil Servants

    Govt Warns of Growing Number of Mental Health Cases Among Civil Servants

    Photos Of Two Obesity Children. Photo/Grok.

    How to Beat Childhood Obesity: Nutritionist Shares Home Remedies and Tips

    Organ Harvesting Probe Exposes Three Eldoret Hospitals

    Three Hospitals Targeted as Probe into Kidney Trade Takes New Twist

    Sha Warns Employers Of 2 Per Cent Penalty For Late Shif Payments

    How to Register as a Member of the Social Health Authority

    How Trenya Hospital Pulled Off A Multi-Million-Shilling Heist

    How Trenya Hospital Pulled Off a Multi-Million-Shilling Heist – RUPHA

    Kenyan Doctors During A Past Countrywide Strike.

    Private Hospitals in Kenya Announce Mass Shut Down

    Step By Step Verification Process For Kenyans To Work As Nurses And Midwives Abroad

    Step by Step Verification Process for Kenyans to Work as Nurses and Midwives Abroad

    Ministry Of Health Cabinet Secretary Aden Duale.

    Private Insurers to Cover SHA Patients in New Deal

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    High Court Orders Dci To Preserve Forensic Evidence In Samidoh Rape Case

    High Court Issues Directive to DCI in Samidoh Sexual Assault Case

    Why Disrupting A Wedding As A Spouse Is A Crime

    Why a Spouse May Face Arrest For Wedding Disruption

    New Twist In Govt'S Plan To Sell Kenya Pipeline Through Privatisation After Court Ruling

    Blow to Ruto as Court Issues Orders on Kenya Pipeline Sale

    Karura Win As Court Blocks Kenha 51-Acre Land Takeover

    Court Stops Govt from Grabbing Karura Forest

    Us President Donald Trump.

    US Special Agents Jet to Africa to Train Kenyan Officers

    Us Military Personnel Escort An Alleged Gang Member Deported By The Us.

    Trump to Deploy Military to Southern Caribbean Targeting Drug Cartels

    A Vehicle Set Ablaze By Assailants Following An Ambush In Morobo County, Central Equatoria State.

    Matiangi Freed by South Sudan Militia Weeks After Abduction

    The Late Tycoon Harry Veevers At Whitesands Along Kenya'S Coast.

    Court Ends 11-Year Inquest Into Mysterious Death of Billionaire Harry Veevers

    Govt Takes Action Against Man Who Assaulted Bella Comedy

    Govt Takes Action Against Man Who Assaulted Bella Comedy

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    2026 World Cup Qualifiers: Fixtures, Standings, Results, And Key Dates

    2026 World Cup Qualifiers: Fixtures, Standings, Results, and Key Dates

    Epl Transfer Deadline: Date, Time, Expected Moves, And Players To Watch

    EPL Transfer Deadline: Date, Time, Expected Moves, and Players to Watch

    Ticket Sales For Harambee Stars World Cup Qualifiers Go Live — How To Purchase

    Ticket Sales For Harambee Stars World Cup Qualifiers Go Live- Prices and How to Purchase

    Millions Wanyonyi, Cherotich And Chepchirchir Bagged After Diamond League Wins

    Millions Wanyonyi, Cherotich and Chepchirchir Bagged After Diamond League Wins

    Grimsby Town And Harambee Stars Midfielder Clarke Oduor. Photo/Grimsby Town.

    Profile of Clarke Oduor, Harambee Stars Midfielder Who Played Against Manchester United

    Kwesi Appiah: Profile Of Veteran Coach Who Propelled Sudan To Chan Semis

    Kwesi Appiah: Profile of Veteran Coach Who Propelled Sudan to CHAN Semis

    Crowned In Kenya: Nairobi Stages Chan 2024’S Grand Finale

    Crowned in Kenya: Nairobi Stages CHAN 2024’s Grand Finale

    Omanyala Withdraws From Diamond League With Multiple Injuries

    Blow for Kenya as Omanyala Pulls Out of Diamond League Finals

    A Photo Collage Of Sports Cs Salim Mvurya And Grannies Players During The Tournament In Iten, Uasin Gishu County. Photo/Ministry Of Sport/Citizen Tv Screengrab.

    Kenya Holds Football Trials for Grandmothers After CHAN Exit

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    A Photo Collage Showcasing Various Outdoor Activities For Both Adults And Children Fedha Rentals/Abiri Kenya

    Where to Dance, Watch Movies, And Have a Kids Day Out in Nairobi This Weekend

    A Spotify Logo On Phone And Earphones. Photo/Ugc

    Spotify Names Top Kenyan 5 Podcasts in 2025

    A Photo Of Kenyan Content Creator Mungai Eve Photo/Mungai Eve

    Mungai Eve Speaks Out on Depression Rumors After Breakup With Trevor

    A Photo Of Ntv Swahili Anchors Lofty Matambo And Fridah Mwaka During Their Birthday Celebration In Kilifi County Photo/ Lofty Matambo And Fridah Mwaka

    NTV Anchors Bring Village to Standstill with Heartwarming Birthday Party [PHOTOS]

    Singer And Songwriter Chimano

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    A Photo Collage Of German Ambassador To Kenya, Sebastian Groth And Retired German Embassy Gardener Hesbon Imbwaka Photo/ Sebastian Groth

    Ex-Embassy Gardener Speaks on Claims of Rejecting Mercedes and BMW Gifts

    Gbm Condemns The Forceful Takeover Of Karura Forest By Kfs

    Govt Introduces New Payment System for Karura Forest Visitors

    Why Govt Plans To Move Kenya National Archives From Nairobi Cbd

    Why Govt Plans to Move Kenya National Archives From Nairobi CBD

    The President Of Uganda Yoweri Museveni

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    Soroi Luxury Migration Camp In Maasai Mara.

    Kenya’s Hidden Gems: Inside Soroi Luxury Migration Camp Charging Ksh 350K Per Night

    Samuel Kangethe And His Sister Elizabeth Wait To Board Their Flight.

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    Addressing Nigerian Women Empowerment Through Education  

    How to Address Women Empowerment in Nigeria Through Education  

    Africa’s Housing Crisis Demands An Investor Coalition Now!

    Why Africa’s Chronic Housing Crisis is a Threat to Economic Stability

    Data-Driven Solutions For Nairobi Urban Growth

    How to Fix Nairobi Urban Growth Challenges with Data-Driven Solutions

    U.s. - Kenya Creative Economy Forum 2025. Photo/Us Embassy, Nairobi

    Ushering Economic Democracy Era

    Why Katiba Day 2025 Without Constitutionalism Is Just Hypocrisy Day In Kenya

    Katiba Day Without Constitutionalism Is Just Hypocrisy Day

    Photos Of Two Obesity Children. Photo/Grok.

    How to Beat Childhood Obesity: Nutritionist Shares Home Remedies and Tips

    Fix Kenya’s Global Competitiveness To Attract Foreign Direct Investment

    Why Kenya Should Fix Its Global Competitiveness

    The Significance Of The Disabilities (Amendment) Act, 2025

    Explained: Significance of the Disabilities (Amendment) Act, 2025

    Women Empowerment Through Education In Mali: Needs &Amp; Challenges

    Women Empowerment Through Education in Mali

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    Murkomen Launches Crackdown On Boda Boda Gangs In Vihiga

    Murkomen Orders Crackdown on Boda Boda Gangs After Matatu Torched in Vihiga

    Man With Police Handcuffs Nabbed In Cbd

    Man With Police Handcuffs Nabbed in Nairobi CBD Crackdown on Criminal Gangs

    How To Pay Motor Vehicle Annual Road License Fees

    Guide to Online Payment of Annual Motor Vehicle Road Licence

    Photo Of Safaricom Chapa Dimba Players Travelling To Spain In 2025. Photo- Safaricom

    25 Kenyans Fly to Spain for Week-Long Football Training

    How To Reverse A Wrong M-Pesa Transaction

    How to Reverse an M-PESA Transaction Error

    A Photo Collage Of Former Deputy President Rigathi Gachagua And Dcp Aspirant Duncan Mbui Photo/Rigathi Gachagua/Duncan Mbui Facebook

    Blow to Gachagua as DCP Aspirant Goes Independent Ahead of By-Elections

    Israel Prime Minister Benjamin Netanyahu. Photo/Prime Minister Of Israel.

    Israeli Army Calls on Residents to Leave Gaza City After Netanyahu Approved Gaza Takeover

    74 Companies Face Deregistration In Registrar’s Notice

    Kenyans Asked to Submit Objections as 74 Companies Face Deregistration [LIST]

    President Donald Trump Signing An Executive Order Into Law In 2025 Photo/White House

    Trump Targets Russia, China with Order on Illegal Detention of Americans

    • Sci-Tech
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      How To Renew A Driving License Online

      Step by Step Guide on How to Renew a Driving License Online

      How To Restore Google’s Latest Phone App Update

      Google Changed Your Call Screen—Here’s How to Switch It Back

      A Photo Of Artificial Intelligence (Ai) Photo/ Sbs Cyber Security

      Kenya Ranks 8th in Africa for AI Readiness, Among Nations Set to Gain Ksh17 Trillion by 2030

      Screenshot/Apple/Tea Dating Advice

      Popular Women Dating ‘Tea App’ Hit With Massive Data Breach

      How To Withdraw Paypal Funds Through Safaricom M-Pesa App

      How to Withdraw PayPal Funds Through Safaricom M-PESA App

      Africa Has Seen A Growth In Ai Development From Being Merely A Consumer To Now Taking Up Space And Being A Creator And Innovator.

      Hard Truths on Tech, Education and AI in Africa

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    Kra Commissioner General Humphrey Wattanga Speaking During The 52Nd East African Revenue Authorities Commissioners General (Earacg) Meeting 2025 Photo/Kra

    How KRA Saved Govt Ksh 123M in Foiled Tax Fraud

    How To Transfer Motor Vehicle Ownership Online

    Complete Guide on How to Transfer Motor Vehicle Ownership in Kenya Online

    A Photo Of The United Nations Sacco Branch Building Photo/United Nations Sacco

    United Nations Sacco: Membership Requirements, Loan Options, Savings And Interest

    Manganese Mined In Kenya. Photo/Marulaplc

    London-Based Firm to Acquire Kenya’s Bamba Mining Project for Up to Ksh 47 Billion

    New Hustler Fund Ceo Henry Tanui, Fourth From Left, Cooperative Cs Wickliffe Oparanya And Other Officials. Photo/ File

    Henry Tanui Appointed New Hustler Fund CEO

    A Photo Of The Imarisha Sacco Branch In Kenya Photo/Imarisha Sacco

    Imarisha Sacco: Membership Requirements, Savings, Loans Options And Interest

    Officials Of The Kenya Bankers Association During A Past Meeting. Photo/Kba

    Kenyan Banks List Six Benefits of New Loan Formula for Borrowers

    Ecitizen Users Report Billing Error As Ntsa Vows Refunds

    NTSA Responds to Complaints Over Extra Charges on eCitizen Platform

    President William Ruto Joins Kepsa Leaders As They Mary 20Th Anniversary In December 2024. Photo/ Pcs

    Kenya’s Private Sector Nears Recovery as Business Confidence Hits 30-Month High

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    Sha Warns Employers Of 2 Per Cent Penalty For Late Shif Payments

    SHA Issues Warning to Employers on Penalties for Late SHIF Payments

    Govt Warns Of Growing Number Of Mental Health Cases Among Civil Servants

    Govt Warns of Growing Number of Mental Health Cases Among Civil Servants

    Photos Of Two Obesity Children. Photo/Grok.

    How to Beat Childhood Obesity: Nutritionist Shares Home Remedies and Tips

    Organ Harvesting Probe Exposes Three Eldoret Hospitals

    Three Hospitals Targeted as Probe into Kidney Trade Takes New Twist

    Sha Warns Employers Of 2 Per Cent Penalty For Late Shif Payments

    How to Register as a Member of the Social Health Authority

    How Trenya Hospital Pulled Off A Multi-Million-Shilling Heist

    How Trenya Hospital Pulled Off a Multi-Million-Shilling Heist – RUPHA

    Kenyan Doctors During A Past Countrywide Strike.

    Private Hospitals in Kenya Announce Mass Shut Down

    Step By Step Verification Process For Kenyans To Work As Nurses And Midwives Abroad

    Step by Step Verification Process for Kenyans to Work as Nurses and Midwives Abroad

    Ministry Of Health Cabinet Secretary Aden Duale.

    Private Insurers to Cover SHA Patients in New Deal

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    High Court Orders Dci To Preserve Forensic Evidence In Samidoh Rape Case

    High Court Issues Directive to DCI in Samidoh Sexual Assault Case

    Why Disrupting A Wedding As A Spouse Is A Crime

    Why a Spouse May Face Arrest For Wedding Disruption

    New Twist In Govt'S Plan To Sell Kenya Pipeline Through Privatisation After Court Ruling

    Blow to Ruto as Court Issues Orders on Kenya Pipeline Sale

    Karura Win As Court Blocks Kenha 51-Acre Land Takeover

    Court Stops Govt from Grabbing Karura Forest

    Us President Donald Trump.

    US Special Agents Jet to Africa to Train Kenyan Officers

    Us Military Personnel Escort An Alleged Gang Member Deported By The Us.

    Trump to Deploy Military to Southern Caribbean Targeting Drug Cartels

    A Vehicle Set Ablaze By Assailants Following An Ambush In Morobo County, Central Equatoria State.

    Matiangi Freed by South Sudan Militia Weeks After Abduction

    The Late Tycoon Harry Veevers At Whitesands Along Kenya'S Coast.

    Court Ends 11-Year Inquest Into Mysterious Death of Billionaire Harry Veevers

    Govt Takes Action Against Man Who Assaulted Bella Comedy

    Govt Takes Action Against Man Who Assaulted Bella Comedy

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    2026 World Cup Qualifiers: Fixtures, Standings, Results, And Key Dates

    2026 World Cup Qualifiers: Fixtures, Standings, Results, and Key Dates

    Epl Transfer Deadline: Date, Time, Expected Moves, And Players To Watch

    EPL Transfer Deadline: Date, Time, Expected Moves, and Players to Watch

    Ticket Sales For Harambee Stars World Cup Qualifiers Go Live — How To Purchase

    Ticket Sales For Harambee Stars World Cup Qualifiers Go Live- Prices and How to Purchase

    Millions Wanyonyi, Cherotich And Chepchirchir Bagged After Diamond League Wins

    Millions Wanyonyi, Cherotich and Chepchirchir Bagged After Diamond League Wins

    Grimsby Town And Harambee Stars Midfielder Clarke Oduor. Photo/Grimsby Town.

    Profile of Clarke Oduor, Harambee Stars Midfielder Who Played Against Manchester United

    Kwesi Appiah: Profile Of Veteran Coach Who Propelled Sudan To Chan Semis

    Kwesi Appiah: Profile of Veteran Coach Who Propelled Sudan to CHAN Semis

    Crowned In Kenya: Nairobi Stages Chan 2024’S Grand Finale

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Insights from Harvard Business Review’s 10 Must Reads on Managing Risk

by Nicasio Karani Migwi
April 12, 2025
Reading Time: 6 mins read
Managing Risk: Harvard Business Review’s 10 Must Reads

Ai-generated image of company executives during a meeting. PHOTO/Grok.

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Managing Risks: A New Framework by Robert Kaplan and Anette Mikes: Preventable risks occur within the firm, have no strategic value, are mitigated by avoidance or elimination, are controlled by a risk corporate culture and compliance rules and the role of the risk team is oversighting controls.

Strategy risks are taken for superlative competitive advantage, are mitigated by reducing probability of occurrence, are controlled by interactive discussion and budget allocation on threats to strategic objectives while the risk team acts as independent experts.

External Uncontrollable VUCA Risks are mitigated by minimizing impact, are controlled by risk team’s stress testing, scenario planning and war games.

Enterprises have to actively manage their cognitive biases- Overconfidence, Anchor, Confirmation, Escalate Commitment and Normalization of Deviance.

How to Build Risk into Your Business Model by Karan Girotra and Serguei Netessine

Take more risks you manage better than others. Prioritize value chain risk driven innovations. Lower business model innovation risks by delaying production commitments by producing in higher-cost locations near customers to increase time to market. Consider transferring risks to employees, suppliers, and customers. Upgrade your decision data gathering capabilities.

The Six Mistakes Executives Make in Risk Management by Nassim N. Taleb, Daniel G. Goldstein, and Mark W. Spitznagel

Manage Black Swan low probability high impact risks by forecasting instead of preparing for eventualities, managing consequences and insurance. Study the past to predict futures. Treat ERM as a cost center instead of profit center .Measured risk by 1 standard deviation while real life can exceed 30. Don’t appreciate that what’s mathematically equivalent isn’t psychologically so. Cost efficiency and value maximization do not tolerate redundant idle capacity,  parts or cash yet optimization increases external environment vulnerability and overspecialization hampers corporate renewal.

From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions by David Simchi-Levi, William Schmidt, and Yehua Wei

They should measure supply chains Time to Recovery (TTR) to minimize their financial and operational Performance Impact (PI) as well as Risk Exposure Index (REI on a scale of 0 as lowest and 1 as highest in lost output or sales). This helps risk managers identify supply chains requiring highest attention nodes.

Is It Real? Can We Win? Is It Worth Doing? Managing Risk and Reward in an Innovation Portfolio by George Day

Increase the proportion of your strategic and transformational BHAG innovations using a Risk Matrix while shortlisting projects feasibility using R-W-W.“Is It Real”- do customers want your innovation and can you build it. “Can You Win”- does your product have superior advantages, can you sustain IPRs, can you survive competitors from hell, do you have superior resources, experienced managers and charismatic project champions.


Also Read:  How to Design and Build Exceptional Products in a Competitive Marketplace


‘Is it worth doing?’- The product is profitable at an acceptable risk and fits your company’s growth strategy by enhancing customer relationships and referrals.

Superforecasting: How to Upgrade Your Company’s Judgment’ by Paul Schoemaker and Philip Tetlock

Firms can reach a ‘sweet spot’ where superlative predictive and prescriptive forecasting yield unassailable sustainable competitive advantage. Train your modeling teams for good judgement, basic reasoning errors and debiasing. Have intellectually diverse team members. Track prediction performance, audit process, review assumptions, team dynamics; provide rapid feedback and give incentives for improvement.

Managing 21st Century Political Risk by Condoleezza Rice and Amy Zegart

Politics and national security policies tightly connect to international economic issues. Longer leaner global supply chains have left organizations more vulnerable to disruptions in faraway places. ICTs have increased the speed and scale of political events. Understand your organization’s shared political risk appetite, political risk awareness culture and ways to reduce blind spots through role plays, scenario planning, and war-games. Analyze by gathering information on political risks your organization faces, know your most valuable and vulnerable assets; use Red Teams, formalize simulation of political risk analysis into managers business decision making. Mitigate exposures to identified political risks, diversify assets; increase inventory; share with third parties, and run expert early warning systems. Respond by capitalizing on near misses, implement best in class crisis management and communication, and embed continuous learning.

How to Scandal-Proof Your Company by Paul Healy and George Serafeim

“Internal Actors” commit 50 percent of fraud, embezzlement, bribery, and money laundering. The problem is not loopholes in the organization’s compliance systems but weak leadership and flawed corporate cultures that push employees to deliver their KPIs at all costs. Leaders should broadcast that crime hurts all stakeholders. Punish perpetrators equally and enforce high ethical standards. Hire managers with integrity. Create decision making processes that reduce the opportunity for unethical acts. Role model transparency. Ensure whistle-blower programs work effectively.

Beating the Odds When You Launch a New Venture by Clark Gilbert and Matthew Eyring

Exceptional entrepreneurs meticulously manage calculated risks to increase value. Deal Killer Risks can undermine the entire venture. Strategic Path Dependent Risks waste money and/or time thereby raising odds of running out money or lag in market entry.


Also Read: Choosing the Right Bank in Kenya: What to Consider Before You Open an Account


Easy Win High ROI Operational Risks doesn’t take lots of money and/or time but may transform temporary setbacks into insurmountable obstacles. Pilot test all new ventures by experimenting. Be judicious with capital by provide capital in multiple rounds as the value of the venture increases.

Danger from Within by David Upton and Sadie Creese

The three causes of insider cyber-attacks include increased size and complexity of ICT (cloud computing risks, ‘cybercrime-as-a-service’ and dark web sites). Bring Your Devices. Social media power to spread news. Insider hackers seek financial gain, revenge, desire for recognition power, response to blackmail, loyalty to others in the organization, and political beliefs. Make cyber risk management part of everyone’s job. Monitor staff, audit suppliers risk management, and rigorous evaluate vendor subcontracting. Implement robust insider ICT and cybersecurity policies.  Create awareness. Look for threats when hiring.

Future-Proof Your Climate Strategy by Joseph Aldy and Gianfranco Gianfrate

Companies should forecast an Internal Carbon Price (ICP) that reflects their emissions, and the likely trajectory of carbon prices set by governments. This positions the firm for future regulation, evaluate new investments, inform long-term competitive operations and strategy, find new markets and revenue opportunities.

Follow our WhatsApp Channel and X Account for real-time news updates.

Tags: Harvard Business ReviewManagign RiskRisk management

Nicasio Karani Migwi

Nicasio Karani Migwi is a specialist in banking and financial services, macroeconomics, strategic management, international business and Corporate Governance (Board Directorship). He currently works as a General Manager- Special Projects and Bank Economist - real economy & financial markets at Equity Group Holdings PLC. He did part-time lecturing for the MBA Global Strategic Management at Jomo Kenyatta University of Agriculture and Technology. His education background comprise ; PhD (Business Administration , Strategic Management) student at Jomo Kenyatta University of Agriculture and Technology ,MSc Economics of the University of Copenhagen- Denmark as a Full Danish Government Scholar, MA Banking and Finance at Sheffield Hallam University- UK as a Full Commonwealth Shared Scholarship Scheme Scholar ,BA Economics at Moi University- Kenya, Executive Education in University Business Schools (Columbia - New York USA -General Managers Leadership Program, Harvard - Boston, USA- Accion Strategic Leadership for Microfinance ,Strathmore - The Effective Director Program, Boulder Institute - Turin, Italy -Microfinance Policy). Nicasio is member of the Institute of Directors of Kenya, Economists Society of Kenya, Kenya Institute of Bankers, Kenya Institute of Management and World Economics Association.

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