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 51

Finance Process Influence Innovation 51

Strategy Driven

APRIL 15, 2019

Remember this would affect not only your finances but also your reputation, and for your business’s future, you will want to avoid this at all costs. This could prove vitally important if it is taken to court when the employee tries to claim against you. Report The Accident.

Letter 51

Letter Long-term Finance Report 51

Strategy Driven

APRIL 14, 2018

Financial documents should only be accessed by the proper finance teams at all times. Anywhere that can be infiltrated by outside influences has to be kept under a physical lock and key as well as a data lock and key. Lock & Key. Server rooms in your business are going to be the very place that sensitive information is stored.

Tips 51

Tips Document System Information 51

Harvard Business Review

MARCH 26, 2015

But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. That has coincided with marketing’s increased influence on strategy, driven by the unprecedented level of insights into customer behavior and trends that are now possible through analytics.

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

Harvard Business Review

MAY 27, 2011

In my opinion, the following redress is a shortlist of measures Walmart managers might undertake to begin accomplishing this feat: Incorporate reputation risk management into the corporate strategy. Most PR firms only offer cosmetic remedies to firefight reputation threats as they arise.

Engineering 14

Engineering PR How To Reputation 14

Harvard Business Review

OCTOBER 13, 2011

Risk management processes don't — but they should. A better understanding of the drivers of behavior is needed for both banks and consumers to understand risk, and for the financial system to provide timely and targeted interventions. The challenge of better risk management cannot be achieved through regulation alone.

Banking 10

Banking Pharmaceuticals Microfinance Risk Management 10

Harvard Business Review

MARCH 22, 2018

My perspective and approach to misconduct risk are influenced by my work as a bank supervisor, and by my background and training as an economist. The misalignment of incentives can tilt the firm toward excess risk-taking unless curbed by the appropriate culture and focus on risk management. Adverse selection.

Company 12

Company Banking Incentives Human Capital 12

Harvard Business Review

DECEMBER 2, 2011

Finally, the Commission argues that the social case for addressing skyrocketing executive pay is to reduce societal instability (to the extent wealth disparities reflect lack of opportunity, this can lead to social unrest) and the undue political influence of the wealthy (who have out-sized access and voice in shaping public policy).

Politics 14

Politics Execution Report Risk Management 14

N2Growth Blog

SEPTEMBER 22, 2010

I often observe ego centered conflicts among senior executives, which turn into a competition for turf, budget, power, influence, control, and ultimately survival. Where do you see “X&# account in > and what can we do to (improve customer satisfaction, increase influence with key stakeholders, increase the life-cycle value, etc.)?

Team Building 284

Team Building Blog Team CEO 284

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. Best wishes Tom. I Think Not.

Blog 384

Blog Innovation Strategic Planning Brand 384

Harvard Business Review

JANUARY 27, 2017

Machine learning algorithms stress-test and risk-manage other machine learning algorithms. Academic computational finance researchers and fund managers alike tell me their machines frequently make trades and investments that the humans literally and cognitively do not understand.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

OCTOBER 6, 2016

Instead, he called this an operations and compliance issue, perhaps not realizing that both of those functions influence corporate culture. In a large organization, successful risk management requires all hands on deck. For many in finance, projecting an aura of self-reliance is part of what garners respect.

Banking 10

Banking Committee Leadership Ethics 10

Harvard Business Review

JANUARY 9, 2015

The “weaponization of finance” is also high on your list. And America’s willingness to weaponize finance has grown substantially as a consequence. Globalization Strategy Risk management' Are you talking about the usual economic and trade policy kind of hardball?

Globalization 8

Globalization Banking Politics Crisis 8