Strategy Driven

OCTOBER 1, 2013

Every organization is challenged by risks manifest through its many different day-to-day operations. To help monitor and manage these risks, most organizations employ groups providing performance and compliance risk assurance so that significantly adverse consequences are avoided.

Risk Management 66

Risk Management Management Compliance Benchmarking 66

Strategy Driven

DECEMBER 28, 2023

Investing in technology is crucial for staying competitive, and this might include upgrading to more efficient software systems, utilizing data analytics to inform business decisions, or adopting new communication tools to enhance customer engagement. Implementing a robust internal compliance program is also key.

Compliance 97

Compliance USP Trends Agility 97

Strategy Driven

JULY 1, 2012

Compliance Management in Environment, Health & Safety. Aberdeen research report on how best in class companies manage Environmental, Health & Safety processes and technology while outperforming their peers. Click here for more information on Compliance Management in Environment, Health & Safety.

Compliance 50

Compliance Environment Resources Management 50

Strategy Driven

MAY 21, 2020

Since most healthcare organizations still send faxes on a daily basis, all workers should ensure compliance with the Health Insurance Portability and Accountability Act (HIPAA) at all times. Read on to find five tips for how to ensure compliance. Switch to a HIPAA-Compliant Fax Service. Keep an Audit Trail.

Tips 116

Tips Compliance Document Bottom-up 116

Strategy Driven

APRIL 9, 2019

Internal risks include workplace injuries, non-compliance, information breaches, loss of funds through theft and many other unexpected events. To safeguard your business as much as possible, a risk management plan is vital. What Does a Risk Management Plan Entail? Risk Assessment Tools and Software.

Risk Management 57

Risk Management Software Due Diligence Parcell 57

HR Digest

FEBRUARY 13, 2022

Managing payrolls, taxes and legal papers can be very challenging, and this is why companies outsource these tasks. . Employment law compliance. Other HR functions that are commonly outsourced are talent acquisition, background screening and reference checks, performance management, risk management, and more. .

Outsourcing 98

Outsourcing Compliance Insurance Risk Management 98

Strategy Driven

DECEMBER 30, 2019

Your first question is likely to be “ What is a security risk assessment ?” It’s an in-depth process where you analyze your entire network and databases to determine where your systems are the most vulnerable. That allows you to prioritize your risks and take action to secure your systems. Compliance Audit.

Compliance 68

Compliance How To Policies System 68

Harvard Business Review

NOVEMBER 8, 2016

For far too long, managing risk has been seen as an esoteric business function — designed to control losses and adhere to compliance standards. Complex systems fail in complex ways. Senior business leaders and their boards must therefore change the way they think about risk and how they respond to it.

Risk Management 11

Risk Management Ethics Management Agility 11

Harvard Business Review

JUNE 22, 2012

So, how do we align faculty and staff risk appetites with what the system can tolerate? Our solution is to put people in charge of their own risks and my role is to provide tools to help them identify, manage, and monitor their risks — not to manage the risks for them.

Risk Management 12

Risk Management Management Efficiency Compliance 12

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes.

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

AUGUST 23, 2012

"Go to LinkedIn and do a search for people currently employed by your enterprise," says social compliance strategist and financial industry veteran Mike Langford. without any compliance process or technology in place.". The good news is that implementing an effective social media compliance process isn't rocket science.

Compliance 15

Compliance Media Compliance Officer Policies 15

Strategy Driven

JANUARY 30, 2020

While you can set up various types of systems to protect your company, one of the most vulnerable areas of your business isn’t a technical one, it is a human one. As there are more data breaches making headlines affecting a wide variety of companies, it seems that nobody is exempt from cyber terrorism or crime relating to technology.

Education 66

Education Outsourcing How To Training 66

Strategy Driven

AUGUST 3, 2020

Unfortunately, even in the best-run system, faulty merchandise may be sold. Workers must be trained in safety measures to stay in compliance. To sum up, it is possible to find insurance policies, but the agency selling the insurance should be well-versed in the unique needs of marijuana businesses and ready to do a proper assessment.

Insurance 65

Insurance Industry Company Policies 65

Chartered Management Institute

FEBRUARY 26, 2024

Gareth believes organisations tend to fall down when it comes to risk because they don’t train hard enough. While this can help facilitate risk management , it can also be a hindrance in a constantly changing world. Compliance is not the answer in an uncertain, complex world.”

Uncertainty 52

Uncertainty Risk Management Training Compliance 52

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. Compliance. Here is a brief discussion of how the alliance works in key areas: Performance.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Great Leadership By Dan

NOVEMBER 26, 2014

The second step is to set up a "culture of listening" that includes systems and policies to facilitate the intake and proper escalation of credible warnings. Auditing/monitoring and risk assessment – risk assessment is the "radar screen" of threats to your company. But how do we implement and maintain a culture of listening?

CEO 240

CEO Compliance Organization Report 240

Harvard Business Review

DECEMBER 20, 2016

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. The board of directors has an important role in assuring that the CEO brings vital business-in-society perspectives to her job.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

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

APRIL 3, 2014

Yet managers continue to follow Taylor’s “hard” approach — creating new structures, processes, and systems — when they need to address a management challenge. Hence, the introduction of, say, a risk management team or a compliance unit or an innovation czar.

Taylorism 12

Taylorism Taylor Mayo Cooper 12

Harvard Business Review

DECEMBER 16, 2016

Most companies have ethics and compliance policies that get reviewed and signed annually by all employees. Clearly it takes more than a compliance policy or Values Statement to sustain a truly ethical workplace. When all is said and done, we’ll likely learn that the choices of those employees resulted from deeply systemic issues.

Ethics 8

Ethics Compliance Policies Supply Chain 8

Harvard Business Review

JUNE 26, 2015

Those annoying folks who drone on about compliance and procedure? Then came the new frontline: enterprise-wide computer systems. Over the last 25 years, organizations’ processes have become increasingly tied to complex IT systems that specify each step of a task. You know those guys with the clipboards and checklists?

Process 8

Process Banking Compliance Bureaucracy 8

Harvard Business Review

NOVEMBER 17, 2017

Members of the C-suite often aren’t speaking the same language around cyber risk, and reporting lines are reinforcing silos. For instance, the general counsel thinks about the issue in terms of compliance with information security regulations such as the European Union’s General Data Protection Regulation.

Metrics 8

Metrics CIO Chief Financial Officer Chief Information Officer 8

Harvard Business Review

JUNE 13, 2012

For enterprise risk management, key policies include a statement of risk appetite and explicit risk tolerance levels for critical risks. The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior.

Management 13

Management Banking Committee Risk Management 13

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. Take, for example, the energy industry: According to one recent Congressional report , the computer systems that drive the U.S.

Cooper 8

Cooper CIO Risk Management Telecommunications 8

Harvard Business Review

OCTOBER 3, 2013

These business leaders must, however, be aided by highly competent legal, financial, risk, compliance, audit and technology staff. But will JP Morgan’s attempt to correct past, systemic control issues actually reduce mistakes to the irreducible minimum, the best one can hope for in so vast an institution?

Banking 8

Banking Management Ethics Letter 8

Harvard Business Review

JUNE 5, 2014

States and power companies can design their own way to compliance using a mix of onsite operational improvements and “beyond the fence” innovations, such as increased reliance on renewable energy sources, low-cost energy efficiency measures, and demand response, which compensates electricity customers for conserving energy.

Power 8

Power Planning Proposal Energy 8

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. Risk for one part of the bank might not be appropriate for another part of the bank.

CIO 8

CIO Committee Risk Management Banking 8

Harvard Business Review

FEBRUARY 22, 2017

The industry breakdowns were determined using eight major sectors (similar to those in the Global Industry Classification Standard system): Consumer Discretionary (e.g., The industry breakdowns were determined using eight major sectors (similar to those in the Global Industry Classification Standard system): Consumer Discretionary (e.g.,

Telecommunications 8

Telecommunications Health Care Contingency Plans Biotechnology 8

Harvard Business Review

APRIL 24, 2014

Bangladesh has a markedly different socioeconomic context compared to other manufacturing centers like China, which has a relatively robust system of social benefits and protections. BSR also recently published a study with auditing firm UL to explore integration of personal well-being issues into traditional social compliance audits.

Supply Chain 8

Supply Chain Apparel Bottom-up Globalization 8

Harvard Business Review

OCTOBER 6, 2016

In examining what took them so long to react, Stumpf’s comments portray a leadership team that refused to believe the sales fraud could be systemic in a culture such as theirs. Instead, he called this an operations and compliance issue, perhaps not realizing that both of those functions influence corporate culture.

Banking 10

Banking Committee Leadership Ethics 10

Harvard Business Review

JUNE 28, 2013

They consider agility as well as access risks. They''ll even work with other silos — IT operations, application development, compliance, legal, HR, etc. But business execs put far more importance on agility and accuracy risks than IT execs do. IT people get the blame when systems go down or hackers succeed.

Agility 8

Agility How To Incentives CFO 8

Harvard Business Review

JULY 16, 2013

The industry with the greatest skills gap was IT & telecommunications, whose boards are in serious need of international-global expertise and HR-talent management. The region with the greatest board-level skills gap is Asia, where risk management and M&A adeptness are sorely needed.

Telecommunications 8

Telecommunications Biotechnology Health Care Real Estate 8

Strategy Driven

JUNE 25, 2018

Compliance with GDPR Regulations. Also, anyone who does business with residents in the EU must be in compliance or face a stiff penalty. With such a growing concern over data breaches and dangerous system hacks, the EU devised a set of requirements which member states and anyone doing business with member states must adhere to.

Trends 50

Trends DPO Compliance System 50

Harvard Business Review

DECEMBER 20, 2013

Now six years later, an actual event has occurred that is eerily similar to that fictional scenario: a trusted retailer’s point-of-sale system security was breached and a large amount of customer data may be compromised. Crisis management Leadership Risk management' Yet breaches still occur. Are you ready?

Crisis 8

Crisis How To Crisis Management Media 8

Harvard Business Review

APRIL 19, 2016

This will not only challenge tax departments’ current calculations, but will also put increasing pressure on legal departments wrestling with IP asset and risk management. How and where 3D IP is owned and authorized for use will be critical to business relationships and the characterization of the income derived from them.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Harvard Business Review

DECEMBER 19, 2016

health care system shift from fee for service to value-based approaches that pay providers for quality, they are turning to two models: One is procedure- and DRG-based bundled payments that pay one price for all the care related to treating a condition. As payers and providers in the U.S.

Benchmarking 8

Benchmarking Health Care Cost Globalization 8

Harvard Business Review

JANUARY 27, 2017

In theory, the organizational challenges of algorithmic autonomy map perfectly to which processes or systems are being made autonomous. Top management told store managers and staff to honor requests and obey directives from their new “colleagues”; the resentment and resistance were palpable.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8