N2Growth Blog

OCTOBER 18, 2010

As much as you may wish it wasn’t so, as a CEO you’re really only as good as your last decision. Making sound decisions is a skill set that needs to be developed like any other. Nothing will test your metal as CEO more than your ability to make decisions. That said, nobody is immune to bad decisioning.

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Blog Analysis CEO Brand 416

Great Leadership By Dan

DECEMBER 27, 2012

If current employees are hesitant to talk, HR should also be conducting exit interviews , particularly in high-risk occupations like healthcare, to identify any areas that may put the company, its customers and consumers at risk. HR can facilitate discussions and task forces for planning and next steps.

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Mentor Trends Committee Compliance 232

Michael Lee Stallard

JANUARY 21, 2011

Last year I met with Jim Goodnight, SAS Institute’s founder and CEO, to learn more about his leadership and SAS Institute’s culture. Jim Goodnight, co-founder and CEO of SAS Institute, is not one of them. Everyone there knows that Goodnight, in addition to his CEO duties, spends time writing code like many of them.

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Software Conference Long-term Entrepreneur 287

Skip Prichard

NOVEMBER 15, 2019

In emergency management, Hurricane Sandy stands out. Thus, this mindset must be deliberately developed and nurtured by senior leaders – and exemplified in their own behaviors. How do organizations with a culture of agility handle risk differently than others? Risk management is now a fully-developed rich scientific discipline.

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Agility How To Decentralization Morale 88

N2Growth Blog

MAY 16, 2010

If your company’s long-term business plan requires the acquisition, or retention of the uber employee then your business not only has a risk management issue, but it is likely not scalable. Talent is clearly a plus as long as it is a value add and not a business requirement.

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Business Model Brand Blog Supply Chain 344

Michael Lee Stallard

JUNE 18, 2010

Jim Goodnight, co-founder and CEO of SAS Institute, is not one of them. During our conversation it was evident that he is proud that SAS is developing software to solve problems in a broad range of fields. Everyone there knows that Goodnight, in addition to his CEO duties, spends time writing code like many of them.

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Conference Bottom-up Software Long-term 261

Strategy Driven

DECEMBER 7, 2018

She was the model for executive assistants and office managers everywhere. The CEO is made stronger with a good C-suite team. Those vital employees in the business world might include the IT guy, the receptionist, the mailroom manager, the ethics adviser and the secretary to the Board of Directors. Be mentored by others.

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Rogers Henderson Mentor Learning-by-Doing 62

Strategy Driven

DECEMBER 15, 2015

Previous to our technological advancements, the only way businesses could manage their multiple consumer platforms, numerous transactional tasks, and recover from data emergencies was to outsource to a variety of vendors. Richard Milam is the president and CEO of EnableSoft. Employ Internal Multisourcing. Drive Innovation.

Strategy 50

Strategy Outsourcing Process Technology 50

Harvard Business Review

DECEMBER 20, 2016

The contemporary CEO must not only be expert at addressing the commercial verities of products, markets, and competitors. Recent global developments underscore the importance of these societal issues. presidential election and the transition present a confusing (and confused) mix of pro-business and anti-business themes.

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CEO Ethics Chief Financial Officer Supply Chain 8

The Horizons Tracker

OCTOBER 14, 2019

During this time they developed detailed expertise in navigating the visa processes around the world, and so they have moved away from jobs and towards providing dedicated visa support for individuals and organizations alike. “Complex immigration is a huge problem for companies, including startups.

Banking 69

Banking Policies Innovation Engineering 69

CEO Insider

FEBRUARY 8, 2022

Moreover, the process becomes exponentially complex when you add developing employees’ critical thinking, strategic planning, and […]. On the contrary, one of the most challenging endeavors a leader can undertake is sparking passion in people for the role they perform. Copyright The CEOWORLD magazine Limited 2021.

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Strategic Planning Magazine Process Planning 72

Harvard Business Review

JULY 28, 2016

companies, the guidelines contain helpful (although not entirely novel or innovative) recommendations such as compensating outside directors with stock, giving non-executive directors unfettered access to management, and discouraging the practice of earnings guidance. Intended to strengthen corporate governance at U.S.

CEO 8

CEO Groupthink Sharpe Committee 8

Strategy Driven

NOVEMBER 6, 2015

Sometimes the difficulty of managing your time makes for a haphazard operation. Development of technical abilities, specialties and expertise. Development of core business supplier relationships. Time management and “just in time” concepts are applied. Assets are adequately valued and managed.

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Succession Strategic Planning Budgeting Goal 50

Strategy Driven

FEBRUARY 6, 2013

Senior industry leader adds hands-on management and operational experience to StrategyDriven’s Power & Utilities focused advisory services. At StrategyDriven, we’re proud to be working with industry leaders to address these challenges and adapt their organizations so they continue to operate safely, reliably, and efficiently.”.

Chief Executive Officer 50

Chief Executive Officer Execution Operations Asset Management 50

Harvard Business Review

MARCH 4, 2013

Business leaders must establish robust processes not just for qualifying third party vendors, but for making sure that there is integration of those suppliers in a strong safety culture with close company oversight of safety management and processes. In this section (at p.181),

CEO 8

CEO Outsourcing Supply Chain Reputation 8

Harvard Business Review

MAY 29, 2012

CEOs are worrying about risky behavior by employees at the front lines of the business. But how can the CEO influence far-flung staff to do the right thing consistently? The answer is found in a sound risk management program that trains, equips, monitors, measures and rewards people for avoiding mistakes and making good decisions.

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Risk Management Insurance Incentives Retail 11

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. Also, the GC now often leads units beyond the legal department, such as public affairs, taxes, and environment. Compliance.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Harvard Business Review

SEPTEMBER 21, 2018

Developed during World War II, CARVER (then one letter shorter and known as CARVE) was originally used by analysts to determine where bomber pilots could most effectively drop their munitions on enemy targets. (One One of the most overused expressions thrown around by wannabe “Wall Street Rambos” is business is war.

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Tools Risk Management Budgeting SWOT 12

N2Growth Blog

SEPTEMBER 22, 2010

And I can assure you that any CEO who views him/herself as an army of one will fail. Whether you like it or not, your success as a CEO will be largely tied to your team building ability. Great CEOs realize the importance of being consistently, purposefully and intensely engaged with their CXOs.

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Team Building Blog Team CEO 284

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Owning up to our own behavioral biases is a worthwhile starting point to discussing the problem of managing infrequent, severe events. Make risk a strategic priority. Data from the U.S.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

DECEMBER 20, 2016

In Conference Board’s 2015 CEO Challenge study , 943 CEOs ranked “human capital” and “innovation” as their top two long-term challenges to driving business growth. The 21st-Century CEO. The 21st-Century CEO. Identify, document and plan for risks as part of developing strategic alternatives.

Innovation 8

Innovation Skills CEO Learning-by-Doing 8

Harvard Business Review

JULY 24, 2012

We do not have a standard process to nurture the development of new ideas. Incentives are geared towards maximizing today's business and reducing risk. Managers are not trained to be innovation leaders. Managers immediately look for flaws in new ideas rather than tease out their potential.

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Innovation Short-term Incentives Maturity 16

Harvard Business Review

JULY 13, 2012

So says Michael Cavanagh — who has been cleaning up the trading mess for JPM CEO Jamie Dimon — on the company's quarterly earnings call. Third, who made the decisions (senior management, the board) based on what fact-finding and what kind of deliberative process? All three have also left the firm with no severance pay.

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CIO Risk Management Policies Reputation 12

Leading Blog

APRIL 5, 2019

We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. Probabilistic risk managers will think about the future of how they work. Here is a simple explanation of it.

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Uncertainty Sports Credit Rating Learning-by-Doing 308

N2Growth Blog

JANUARY 13, 2011

Aside from being costly, a flawed execution can cast doubt on management credibility, have a negative impact on morale, taint the brand, adversely affect external relationships, and cause a variety of other problems for your business. It should be developed as a solution to a problem or to exploit an opportunity.

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Blog Innovation Strategic Planning Brand 413

Harvard Business Review

SEPTEMBER 21, 2018

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

MAY 31, 2012

boss, Ina Drew , the former head of their unit in of the bank's, the Chief Investment Office (CIO); and CEO Jamie Dimon, to whom the CIO reported who oversaw the CIO. Holding people to account for these and related issues is an essential element of a broad approach to risk management inside financial services (and industrial) firms.

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CIO Committee Risk Management Banking 8

Harvard Business Review

JUNE 13, 2013

The analogy applies readily to businesses; they must go beyond vulnerability management and develop threat-based cyber defenses. To do this, they need to develop an understanding of their adversaries. They can then develop threat indicators, such as IP addresses and time stamps, that can be used to detect intrusions.

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Film Tactics Uncertainty Risk Management 8

Harvard Business Review

AUGUST 3, 2012

But for businesses, knowing when to expend time and effort preventing — and planning responses to — low probability, high consequence events is now, more than ever, one of the hardest and most important risk management problems to address. See my prior thoughts on the range of issues here and here.)

Risk Management 11

Risk Management Supply Chain Crisis Report 11

Harvard Business Review

JUNE 29, 2016

Judging by our interactions with CEOs around the world to date, some of their burning questions are: What are the elements of uncertainty created by Brexit? How can leaders develop a specific view of the industry- and firm-level implications? ” From the map, combine various values to develop multiple scenarios.

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

Harvard Business Review

JUNE 18, 2013

Recent allegations of the theft of top-security information connected to the development of sophisticated weapons and air defense systems have only heightened concerns about the security of the nation''s networks. The first focuses on the concept of enhanced public/private information sharing and developing standards.

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Cooper CIO Risk Management Telecommunications 8

Harvard Business Review

NOVEMBER 17, 2017

CEOs must address these disconnects by creating a culture that promotes open communication and transparency about vulnerabilities and collaboration to address the exposures. Organizations of all sizes across all sectors are experiencing an exponential increase in their exposure to cyber risk.

Metrics 8

Metrics CIO Chief Financial Officer Chief Information Officer 8

Harvard Business Review

JUNE 24, 2013

If lucky, a start-up grows and develops a success formula. These complex systems tend to develop runaway chain reactions that decrease or even eliminate predictability, occasionally causing outsized events (Taleb calls them "black swans" ), such as the financial crash of 2008. With maturity, however, it can become rigid and fragile.

Organization 8

Organization Supply Chain Customer Intimacy Stress 8

Harvard Business Review

NOVEMBER 9, 2012

Better insight from customers can drive serious growth in your company, at least according to a recent study by IBM of over 1700 CEOs. A recent study (also from IBM) indicates that more than 70% of CMOs feel they are underprepared to manage the explosion of data and "lack true insight.". Put Business Needs First, Infrastructure Second.

CIO 8

CIO Chief Information Officer Norton Technology 8

Harvard Business Review

SEPTEMBER 10, 2012

It tends to be short-term, uses familiar (traditional) metrics and development systems like Stage Gate. The risks-rewards are relatively low. Management involvement tends to happen only when the ideas are "ready" to be pushed up and sometimes even that isn't necessary. They can't wait until everything is "ready."

Process 15

Process Innovation Stage-Gate Net Present Value 15

Harvard Business Review

FEBRUARY 2, 2012

The disgraced former Royal Bank of Scotland CEO was stripped of his knighthood "for services to banking." The scale and severity of the impact of his actions as CEO of RBS made this an exceptional case," the Honors Forfeiture Committee mandarins concluded. Developing better software would have paid less.

Incentives 14

Incentives Committee Banking Long-term 14

Harvard Business Review

APRIL 4, 2011

Collectively known as "operational risks", these latter costs are substantial yet, if managed properly, could significantly, reduce the bottom line with few negative side effects. For example, estimates by Mercer and others indicate that losses just for the major risks (e.g., employee accidents, office theft, etc.)

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Cost Metrics SWOT Operations 15