Jeff Pearce
corporate risk
Editorial: A Modest Manifesto | Canadian Insurance

Editorial: A Modest Manifesto

If our impressive cover photography for this issue isn't a big tip-off, then I'll write it plainly: CRC is going in a bold, new, international direction.

Yes, the name of the magazine is Corporate Risk Canada, but that doesn’t mean we have to look at things only in our own backyard. Canada doesn’t sit at home with a steaming mug of cocoa, drawing the curtains and going to bed early. Canadian companies are mixing it up in the global market place, so we should—and will—look at risk in an international context. What can Canadian companies learn from how risk management is handled in other parts of the world? What does a Canadian firm have to watch out for if it wants to set up shop in Brazil or Laos or somewhere else?

So we’re adopting a new tone and introducing new columns and new features. Passport will focus, each issue, on a different nation where you may want to set up shop and do business. But, unlike the dry recital of GDP and financial red flags you get with other country risk reports, we want ours to be accessible. We’re a magazine, not a journal. That means we should give you the information you need but at a pace and in a style you’ll actually enjoy reading. At the same time, you get the lay of the land from the folks who know a country well. Geoff Botting, who provided this month’s Passport feature on Japan, has lived and worked there for more than two decades. Eleneus Akanga, a skilled journalist based in London, has travelled widely in Africa and will have another unique risk report for us in our next issue.

The Oracle is a departure from the regular fluffy, complimentary profile pieces that you get from Vanity Fair to… well, practically everything else. I sincerely doubt you care whether the person we cover likes to fish on weekends or loves puppies or collects commemorative Elvis Stojko Olympic snow globes. When we introduce you to the innovators, the big brains in Toronto, New York or London, I’m betting you want to know how they think. What are their strategies? What can you take away as useful wisdom from the way this top risk executive or that one solved a certain problem? While, yes, sure, a bit of humanizing detail is always nice, their insights are what really count.

Even as this issue goes to press, we’re putting the finishing touches on our second profile. For our next issue, The Oracle will focus on Jack Devine, who had a career in the CIA that reads like a Tom Clancy thriller and who is now the president of The Arkin Group in New York. Naturally, media outlets would be quick to pepper Devine with questions over his time with the CIA in Chile when Allende was in power, or his involvement with the mujahideen in Afghanistan, who were fighting against the invading Soviets. But we are the only magazine so far to ask him about his second career in risk management, which has adventures, I promise you, that are just as enthralling and provocative.

And we have exciting features being prepared for you on anti-corruption best practices, a unique take on the issue of kidnap and ransom, and a profile of one of the leading minds in political risk analysis in France. Let’s just say he speaks bluntly about his work for a certain multinational oil company in Burma years ago, and how its competitors behaved.

We’re brighter, we’re deeper, we go farther and we’re damn well determined to be more interesting. We’re a risk management magazine. So we’re taking a few risks of our own.

Copyright 2014 Rogers Publishing Ltd. This article first appeared in the August 2014 edition of Corporate Risk Canada magazine