Strategy Driven

SEPTEMBER 1, 2013

The CFO’s Cheat Sheet to Compensation Risk & Reward. Finance leaders; find out how to stop struggling with time-consuming, inaccurate incentive compensation processes. This 4-page guide outlines 7 ways that automated compensation management software improves your ROI: Streamlined data and workflow processes.

Resources 50

Resources CFO ROI Risk Management 50

Strategy Driven

DECEMBER 15, 2015

Not only is this operational approach costly, but outsourcing activities face many challenges such as communication barriers, untimeliness, and data errors. EnableSoft ‘s Foxtrot application is one example of an RPA software that enables organizations to perform internal application integration, risk management, and even data analytics.

Strategy 50

Strategy Outsourcing Process Technology 50

Skip Prichard

NOVEMBER 15, 2019

and is an expert on risk, strategy, and finance. It is a new, more advanced way of studying environments, making decisions, building cultures, and operating on a day-to-day basis. It rests on engagement and buy-in across the organization as well as a concerted investment in capabilities, people, and processes.

Agility 92

Agility How To Decentralization Morale 92

N2Growth Blog

OCTOBER 18, 2010

Gut instincts can only take you so far in life, and anyone who operates outside of a sound decisioning framework will eventually fall prey to an act of oversight, misinformation, misunderstanding, manipulation, impulsivity or some other negative influencing factor. Put simply…not all inputs should weigh equally in one’s decisioning process.

Blog 416

Blog Analysis CEO Brand 416

N2Growth Blog

MAY 16, 2010

Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? At the risk of drawing the ire of corporate elitists, I submit to you that the dumber your business is, the better off you are. link] mikemyatt Well said Tanveer.

Business Model 344

Business Model Brand Blog Supply Chain 344

Strategy Driven

MAY 13, 2020

Your business may never face a lawsuit in all your years of operation. Depending on your business operations, you may want to look into more specialized packages based on risks your employees or clients may face. Protect yourself with comprehensive insurance. Still, you must prepare yourself should the scenario arise.

Insurance 110

Insurance How To Operations Quality 110

Harvard Business Review

AUGUST 13, 2012

Risk management is now at the heart of the governance model for the Olympic Games and the Olympic movement, and not only because of their growing scale and complexity. These risks can emanate from the realm of security, public health, natural ecology, technology, or economics.

Risk Management 15

Risk Management Management Committee Insurance 15

Strategy Driven

NOVEMBER 6, 2015

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. Objective analysis of how the organization has operated to date. Purchasing plan (with processes and vendor lists) is in writing.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Strategy Driven

DECEMBER 7, 2017

The finance sector as we know it is being transformed by new technology. Digital innovation is everywhere, from Big Data to risk management software, and it’s all coming to change in the way that the sector is organised and run. This increased understanding could see a demand for a new type of finance team emerging.

Finance 50

Finance Process Influence Innovation 50

Chartered Management Institute

FEBRUARY 26, 2024

This premise equally applies to the environment businesses operate in today. Human error is a very real consequence of people operating in the real world. Since founding the Human Diver in 2016, Gareth has given risk training to a wide variety of organisations, from oil and gas and construction to pharmaceuticals and software.

Uncertainty 52

Uncertainty Risk Management Training Compliance 52

Harvard Business Review

AUGUST 9, 2018

Businesses are constantly experimenting with new ways to use artificial intelligence for better risk management and faster, more responsive fraud detection — and even to predict and prevent crimes. How companies are using artificial intelligence in their business operations. Assessing and mitigating internal risks.

Banking 8

Banking Strategic Fit Risk Management Real Estate 8

Harvard Business Review

OCTOBER 10, 2017

Precision made it easy for managers to oversee their employees. Every spot on every line was visible to managers. Every step of the process was measured, and real-time metrics were easily accessible. Workers were carefully trained to follow processes exactly as they were laid out. Every high performer needs both.

Organization 12

Organization Tactics Call Center Metrics 12

Harvard Business Review

JULY 25, 2016

Commentators and researchers have focused on the crucial role of the CEO in leading effective corporate action to promote high performance, high integrity , and sound risk management. What’s radically changed in recent years is complexity.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Harvard Business Review

APRIL 6, 2016

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

Co-Opetition 8

Co-Opetition Operations Cost Technology 8

Harvard Business Review

MAY 15, 2013

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. This is in direct contrast to "financial innovation" that focuses on only one dimension of performance, putting the others at risk.

Banking 8

Banking Licensing Finance Insurance 8

Harvard Business Review

MARCH 22, 2018

Analyses of recent cases of misconduct in the financial sector suggest that misconduct is not just the product of a few individuals or bad processes, but rather the result of wider organizational breakdowns , enabled by a firm’s culture. Investments in cultural capital is one way to reduce that risk.

Company 11

Company Banking Incentives Human Capital 11

Harvard Business Review

APRIL 19, 2016

It may do to physical goods what cloud computing is now doing to digital services; what the PC, internet, and smart mobility have done to personal computing; and what outsourcing did to software development and business processing — take mass distribution and innovation to the next level while realigning the very geography of work and trade.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Harvard Business Review

DECEMBER 2, 2011

What are the operational objectives which express those purposes? How should executives be compensated based on success or failure in attaining the operational goals? customer satisfaction, risk audits, adherence to company ethics). But this is not just about better process.

Politics 14

Politics Execution Report Risk Management 14

Harvard Business Review

MAY 16, 2017

She distilled the notes about her many accomplishments into an overview of the 10 years in her current role: Keep University’s School of Design (eight graduate programs) running flawlessly for Director, other staff, faculty, and students — during routine operations and emergencies. Equally adept at managing people and operations.

COO 13

COO Chief Operating Officer Transportation Real Estate 13

Harvard Business Review

DECEMBER 15, 2017

Most firms find it difficult to effectively compare markets and develop a structured prioritization process. This first step allows companies to measure not only the potential in a market (size, growth, and industry clusters) but also the associated risk (market stability). Step 2: Measure operating environment.

Strategy 8

Strategy Operations Policies Environment 8

Harvard Business Review

JANUARY 27, 2017

Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. Top management would have to trust its computationally brilliant bidding software. In reality, “handoffs” and transitions prove to be significant operational problems.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

MAY 23, 2012

Managing risks — especially the hard-to-pin-down, moving-target risks that any financial trading operation has to cope with — inevitably involves arguing. The words "risk management" usually evokes less subjective, more data-driven pursuits. MORE ON MANAGING RISKY BEHAVIORS.

Management 10

Management Risk Management Competitive Intelligence Hedge 10

Harvard Business Review

MAY 31, 2012

What makes this case of corporate accountability so important is that it is a discretionary matter of "private ordering" under JP Morgan risk management policies, not under a mandatory rule contained in Dodd-Frank. They could be appropriate for Dimon, but so could a compensation action about future variable comp.

CIO 8

CIO Committee Risk Management Banking 8

Harvard Business Review

OCTOBER 6, 2016

This misjudgment (perhaps initially due to management downplaying the incidents) could explain why the board got engaged so late in the process, and why they did not impose penalties on executives until after the first scathing Congressional hearing and weeks of public outcry.

Banking 10

Banking Committee Leadership Ethics 10

Harvard Business Review

OCTOBER 3, 2013

It must be led not by staff, but by business leaders who devote appropriate resources, hire outstanding people and embed the prevent, detect and respond activities deeply in business operations. These business leaders must, however, be aided by highly competent legal, financial, risk, compliance, audit and technology staff.

Banking 8

Banking Management Ethics Letter 8

N2Growth Blog

JANUARY 13, 2011

Contingency : Nothing is without risk, and when you think something is without risk, that is when you’re most likely to end-up in trouble. All initiatives surrounding new ideas should include detailed risk management provisions. Be careful of high level, pie-in-the-sky projections.

Blog 413

Blog Innovation Strategic Planning Brand 413

Harvard Business Review

FEBRUARY 6, 2013

First, create a high-level picture of what you want a combined company ideally to look like one year after a successful integration — not just in terms of finances, but also in regard to operational practices, strategic initiatives, organizational structure, and culture. What you as a manager can do, however, is prepare.

Compliance 8

Compliance Resources Consultative Document 8

Harvard Business Review

JUNE 13, 2012

On April 4 of this year, Dimon read a short article in the Wall Street Journal about a JPMorgan trader in London, Bruno Iksil, who was making massive bets that exposed the bank to high levels of risk. At a meeting on April 8, Drew assured Dimon and the operating committee of JPMorgan that the trades were being well managed and would work out.

Banking 9

Banking Kahneman Document Simon 9

N2Growth Blog

SEPTEMBER 22, 2010

That’s an interesting thought, what process did you go through to reach that conclusion? What’s our biggest risk in this, and what’s your fallback position? How can we improve the risk management, governance, control, and reporting functions for this? What if we did nothing at all, what would happen?

Team Building 284

Team Building Blog Team CEO 284

Harvard Business Review

JANUARY 26, 2012

In 2050, to meet demand from a rising and increasingly carnivorous population, we will need to grow and process 70 percent more food. This public-private collaboration includes the International Finance Corporation and food and beverage giants such as Coca-Cola, Nestle, and SABMiller.

Energy 12

Energy Supply Chain Constraint Long-term 12

Harvard Business Review

DECEMBER 8, 2016

Although Contect had launched as a specialist in small but steady installation jobs with high margins and low risk, it was now a full-service construction company that did design, construction, lighting, ventilation, water, waste processing, and IT infrastructure for much bigger, more complex projects. But we’re a global company.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

SEPTEMBER 20, 2011

Every single Chief Risk Officer and every single non-executive director of every single "too big to fail" financial institution should be challenged by shareholders to prove they've got a surer grasp of risk than UBS. The board's own processes lacked accountability for evaluating the firm's risk exposures, assessments, and management.

Banking 9

Banking System Risk Management Review 9

Harvard Business Review

JUNE 20, 2017

Multinational companies operating in Mexico are facing a great deal of uncertainty. With the confirmation of Robert Lighthizer as United States trade representative, the long-delayed start of the formal process to begin renegotiation of NAFTA with Canada and Mexico can move forward. Congress of its intent to begin the process.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 8

Harvard Business Review

MARCH 1, 2017

First, because it’s antiquated, a kludge of industrial technologies and paper-based processes dressed up in a digital wrapper. After all, most financial intermediaries themselves rely on a dizzying, complex, and costly array of intermediaries to run their own operations. Most firms cite opportunities to reduce friction and costs.

Finance 8

Finance IPO Banking Venture Capitalist 8

Harvard Business Review

FEBRUARY 27, 2014

In short, then, shareholder lawsuits amount to a weirdly circular process in which presumably blameless outside investors hand over money to other outside investors (and sometimes to themselves), with the executives accused of wrongdoing left untouched and the lawyers for both sides taking a big cut. Economy Finance Risk management'

Training 8

Training Efficiency Class Price 8

Harvard Business Review

AUGUST 23, 2016

Boards of companies operating in the consumer discretionary industry have a disproportionately high representation of Democrats, while boards operating in the industrials and energy and utilities industries skew more Republican. Both Republicans and Democrats say the most effective board committee is audit/finance.

Politics 8

Politics Committee Telecommunications Diversity 8