Lucidum is a structured network of academia, advisors, industry representatives and technology providers in the risk governance chain.
We provide governance, risk management, compliance and ethics advisory and consulting services in Sub-Saharan Africa to corporates
and small-medium enterprises as well as non-profit organisations. We understand the need to align risk management practices to targeted
budget, revenue and other strategic outcomes and do not sell "risk governance" -services as an end in itself.
Our focus is to enable Broards, Governing Bodies, Risk Committees, Audit Committees, Social & Ethics Committees, EXCO's and divisional
teams through risk intelligent programs to govern risk and to make quality informed decisions, that can be effectively executed. Because
we aim for decision outcomes (as opposed to process inputs) along the risk governance value chain, we can flexibly adjust implementation
to suit our clients' needs without compromising good governance and agreed minimum standards. We anable our clients through skills transfer
and guidance to ensure sustainability of what we sell, for optimal long-term benefit.
Lucidum's approach is based on its Risk Governance Value Chain©. In this chain, we have built strong, transparent partnerships and
associations with experts in each field, to optimize our fee structure and to ensure that our delivery to clients is of highest quality and aligned with
the latest thought leadership. We assist clients to achieve risk governance outcomes with the least intrusion and by incorperating as much of each client's
existing policies, processes and systems. This enables us to deliver high value outcomes at efficient prices.
Three things dominate the minds of today’s treasury and finance professionals: strategic risk, cybersecurity, and the financial markets. That’s the picture that emerges from the latest research by my organization, the Association for Financial Professionals.
Brink NewsA closer look by the Small Business Institute reveals the enormous role played by small businesses in South Africa, noting that some 28% of all jobs in the country are created by these businesses. Without this contribution, the economy and the livelihood of millions of people would be imperiled. Yet, at the same time, individual small businesses are often in a precarious state, with even relatively minor ructions holding the potential to close their doors forever.
COVERNew ways of using data are starting to revolutionize risk finance—the heart of the historically slow-to-change insurance industry. Pools of data and enhanced analytical skills are changing everything from the scope of coverage to the speed of claims payments to the types of products offered.
COVERDoing business in Francophone Africa is always seen as challenging for British firms, due to language and cultural barriers. However, with Brexit looming, the British Council has launched a new initiative to dispel the myths and encourage UK business to consider Francophone Africa markets. The British African roadshow 2019 is all set to bring Francophone Africa and the UK closer…
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