The Horizons Tracker

OCTOBER 14, 2019

Its very business revolves around breaking down barriers and reconnecting the world’s financial system by providing risk-managed banking services to emerging markets around the world. visa policies may disadvantage young technology startups—and this applies to startups founded by immigrants and U.S. ”

Banking 69

Banking Policies Innovation Engineering 69

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. About the Author.

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. CEO acumen on business-in-society issues is thus imperative in addressing fundamental corporate issues, from business strategy to compliance to ethical standards to risk management.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

Harvard Business Review

NOVEMBER 19, 2013

There are a variety of places where corporations and boards look for potential CEOs, but the leagues of management consulting generally isn’t one of them. So why should a company consider hiring a management consultant to be their CEO? Did you find any characteristics that set effective consultants-to-CEOs apart?

Consultative 9

Consultative CEO Management Short-term 9

Harvard Business Review

AUGUST 4, 2023

The ban would would elevate the cybersecurity conversation to the CEO, the CFO, and the board, and potentially end the practice of scapegoating CISOs when a breach happens. The White House is considering a ban on ransomware payments, which could change the chief information and security officer (CISO) job.

CFO 15

CFO CEO Training Information 15

Harvard Business Review

SEPTEMBER 21, 2018

Fewer than one-third (30%) of respondents to our survey see innovation as one of the top three challenges their company faces in achieving its strategic objectives, and just 21% think that technology trends are a major strategic challenge. To better understand the competitive landscape, directors suggested engaging with management.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

SEPTEMBER 21, 2018

More recently, CARVER has converted a new community of believers in the business world, including CEOs, financial analysts, and risk management planners, not to mention any number of Fortune 500 security directors. (One of us, Luke, is so enthusiastic about CARVER that he cowrote a book on it.).

Tools 12

Tools Risk Management Budgeting SWOT 12

Harvard Business Review

OCTOBER 25, 2016

The biggest mistake I see is companies treating cybersecurity solely as a technology matter for IT departments to solve. The companies entrusted with this data must recognize that cybersecurity and data protection are no longer just IT risks; they’re strategic business risks of the highest order. But it’s not.

Contingency Plans 8

Contingency Plans Risk Management Insurance Business Model 8

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

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.

Team Building 284

Team Building Blog Team CEO 284

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. But given that today's CMO is often the main connection between the consumer and the company, a strong relationship with the CIO can allow her to leverage technology to better understand those customers.

CIO 8

CIO Chief Information Officer Norton Technology 8

Harvard Business Review

JUNE 7, 2017

That’s why cybersecurity efforts have to focus on risk management , not risk mitigation. Our findings point to steps that security executives and other cybersecurity professionals can take to work around CEOs’ human biases and motivate decision makers to invest more in cyber infrastructure.

Execution 8

Execution ROI Metrics CEO 8

Harvard Business Review

JANUARY 27, 2017

Charismatic CEOs enjoy leading and inspiring people, so they don’t like delegating critical business decisions to smart algorithms. At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

NOVEMBER 8, 2018

The end result of this manipulated reality may be that people no longer believe what they hear from a world leader, a celebrity, or a CEO. An obvious scenario, one that some companies might find themselves dealing with in the not-too-distant future, is a faked video of their CEO making racist or sexist comments, or bribing a politician.

Reputation 10

Reputation Company Video Crisis 10

Harvard Business Review

JUNE 19, 2013

But when I put the question to top management, well, they''re busy — not their problem, that''s for sure — and they refer me to the chief information officer or the chief technology officer. This is a management failure, not a technological problem. Why Your CEO Is a Security Risk. But security?

Company 8

Company Chief Operating Officer Chief Technology Officer Chief Information Officer 8

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. Start-ups are particularly at risk today because of both their size and age.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

JULY 9, 2014

Is there any aspect of your daily life and business that is not significantly affected by digital technology? Digital transformation is about a careful transition between the old and the new, balancing risk management, value creation and long-term sustainability, which are precisely the key roles of boards. Boards Technology'

Business Model 8

Business Model Technology Long-term Risk Management 8

Harvard Business Review

APRIL 6, 2016

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. This all presents CEOs with a tough dilemma. In many industries, the capital required to build an asset of minimum efficient scale is growing.

Co-Opetition 8

Co-Opetition Operations Cost Technology 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 10

Risk Management Supply Chain Crisis Report 10

Harvard Business Review

FEBRUARY 9, 2015

To the contrary, said Vanguard CEO William McNabb , this is “precisely why we care so much about good governance.” In its 2013 proxy statement , GE announced that it is searching for director candidates who will bring technology, marketing, finance — and “leadership” experience to the boardroom.

Airlines 8

Airlines CEO Automotive Long-term 8

Harvard Business Review

JUNE 18, 2013

The second is crafting a cybersecurity framework that addresses risks across government and industry — and to do so quickly. The National Institute of Standards and Technology (NIST) wants a preliminary framework in place by the end of this summer, with a final set of guidelines ready to go in February 2014.

Cooper 8

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

DECEMBER 1, 2017

By becoming an active member of the security team, rather than just a passive observer, the CFO, along with the CEO and the rest of the C-suite, can significantly reduce revenue leakage through a more focused and effective cyber security technology portfolio. Be accountable for cyber risk.

CFO 9

CFO CIO Budgeting Long-term 9

Harvard Business Review

JUNE 17, 2013

Widespread use of antivirus, intrusion detection technologies, improved cryptography algorithms, and methods for blacklisting infected web sites are just a few examples of how technical advances have improved cyber defense. Why Your CEO Is a Security Risk. Information & technology Managing uncertainty Risk management'

Game Theory 8

Game Theory Incentives Diversity System 8

Harvard Business Review

MAY 9, 2014

General Mills’ CEO recently blamed the winter for less-than-expected earnings , saying that “severe winter weather…disrupted plant operations and logistics…We lost 62 days of production…which hasn’t happened in decades. And they point toward one key pathway for managing – and even thriving – in a VUCA world: renewables.

Supply Chain 8

Supply Chain Strategy Risk Management Christensen 8

Harvard Business Review

OCTOBER 16, 2018

billion people, the Chinese consumer market is a tempting target for Western technology companies. The recent news that Google is considering a re-entry into China further highlights a troubling balancing act faced by technology companies looking to do business there. With over 1.3

Ethics 8

Ethics Technology Short-term Compliance 8

Harvard Business Review

JANUARY 20, 2014

Prior to joining American Express in 2010, Schulman was CEO of Virgin Mobile and Priceline. Schulman: The global head of human resources at American Express was on the board at Virgin Mobile, where I was CEO. After we sold Virgin Mobile to Sprint, he suggested I talk to Ken Chenault, the CEO of American Express. Leadership'

Execution 8

Execution Software Banking Franchising 8

Harvard Business Review

JUNE 13, 2013

And attempts to prevent cyber attacks in this way will not scale with the new technologies that businesses are adopting, such as mobile devices and cloud computing. Why Your CEO Is a Security Risk. Does Your CEO Really Get Data Security? IT management Managing uncertainty Risk management'

Film 8

Film Tactics Uncertainty Risk Management 8

Strategy Driven

AUGUST 1, 2014

We’ve got the latest technology. Examples: This company reflects the character of its CEO. The wise CEO is one who listens to others, surrounds himself-herself with smart people and fosters a spirit of teamwork. Our company has got the most up to date technology. Our people were hired to do their jobs.

Budgeting 79

Budgeting Risk Management Quality Strategic Planning 79

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. link] Bill Wood Okay, I reposted your piece on CEO strategy direction.

Blog 384

Blog Innovation Strategic Planning Brand 384

Harvard Business Review

OCTOBER 3, 2013

CEO Jamie Dimon consistently espouses the virtues of size and diversity. These business leaders must, however, be aided by highly competent legal, financial, risk, compliance, audit and technology staff. Boards Ethics Risk management' JP Morgan is the biggest of them all with $2.3 trillion in assets ,$1.1

Banking 8

Banking Management Ethics Letter 8

Harvard Business Review

NOVEMBER 20, 2017

In 2016, Yahoo CEO Marissa Mayer failed to take a basic step that could have quickly protected customers whose accounts were exposed in a breach that occurred two years prior: automatically reset all user passwords. Poor customer service. Failing to accept accountability.

Execution 8

Execution Press Release Report Reputation 8

Harvard Business Review

SEPTEMBER 22, 2011

As one of the most serious industrial accidents in history, the Gulf explosion should be a great case study for corporate leaders across the globe who are trying to manage risk in hazardous activities involving complex technology. And, if they are not known, those lessons can't be learned.

Report 12

Report Policies Risk Management Analysis 12

Harvard Business Review

NOVEMBER 24, 2017

But all too often organizations’ approach to mitigating that risk — other than taking the wise step of ensuring that they have the state-of-the art technological protection in place — is more training. The human is indeed the weakest link in cybersecurity. It won’t suffice. Insight Center. Sponsored by Varonis.

Training 9

Training CIO Chief Information Officer Information 9

Leading Blog

APRIL 5, 2019

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. 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.

Uncertainty 308

Uncertainty Sports Credit Rating Learning-by-Doing 308

Harvard Business Review

DECEMBER 20, 2013

Company executives should recall the key lesson from the famous Johnson & Johnson response to the Tylenol scare in 1982 : CEO James Burke saw that the most important objective was to restore the confidence of customers and other critical stakeholders, and moved aggressively to do that. Crisis management Leadership Risk management'

Crisis 8

Crisis How To Crisis Management Media 8

Harvard Business Review

JUNE 5, 2013

Here are four things that the private sector — and I mean CEOs, not CTOs — should be loudly and persistently demanding of Washington right now: A Government funded FFRDC -type institution, to pay for basic research and early risk phase investment in commercial security systems. Does Your CEO Really Get Data Security?

Supply Chain 8

Supply Chain Engineering Information Technology System 8