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. Here are three key strategies any business can adopt in the coming year to boost profitability: 1.

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Strategy Outsourcing Process Technology 50

Strategy Driven

OCTOBER 31, 2017

Over 90% of business operations are now stored digitally, so this increase is not surprising. After the 2013 Yahoo data breach and the recent Equifax hack, operating without proper security measures in place is no longer acceptable. A better information structure allows you to manage access to sensitive information meticulously.

How To 51

How To Policies Informal Structure Operations 51

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

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. They make bad decisions.

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Blog Analysis CEO Brand 396

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

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Start-ups are particularly at risk today because of both their size and age. Firms applied for credit to finance recovery. Make risk a strategic priority. Data from the U.S.

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Insurance Risk Management Finance Supply Chain 8

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. While today’s basic technology is not necessarily revolutionary, the algorithms it uses and the results they can produce are.

Banking 8

Banking Strategic Fit Risk Management Real Estate 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. 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

OCTOBER 10, 2017

In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. military says, volatility, uncertainty, complexity, and ambiguity , where technology and strategy changes rapidly. We made a number of operational changes to the call center.

Organization 12

Organization Tactics Call Center Metrics 12

Harvard Business Review

APRIL 19, 2016

Carmakers have started using 3D technology to produce parts. The technology is expected to lead to reductions in the cost of employment, capital investment, shipping and inventory as well. manufacturers, wholesalers, and retailers, according to a leading technology industry analyst. Most hearing aids in the U.S.

Supply Chain 8

Supply Chain Execution Analysis Technology 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. One key to this partnership is identifying risk priorities—whether economic (e.g.

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CFO Chief Financial Officer Compliance Due Diligence 8

Harvard Business Review

DECEMBER 28, 2017

Even before announcing his new cabinet, Mnangagwa installed a key reformist, Patrick Chinamasa, as acting finance minister, tasked with tackling corruption and re-engaging with international institutions to unlock funds to ease liquidity shortages. Mnangagwa’s first actions in office underscore how important he views economic recovery.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

JANUARY 27, 2017

In reality, “handoffs” and transitions prove to be significant operational problems. They frequently find the technologies are less of a hassle than the people. Renaissance Technologies and other, even more secretive investment funds are the management models here. All-In Autonomy.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

JANUARY 12, 2018

Companies are both operators and investors. Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance. These robo-advisors may be used to automate certain aspects of risk management and provide decisions that are ethical and compliant with regulation.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

NOVEMBER 20, 2017

Executives today must operate under the assumption that they will experience a cyber incident that will require them to notify their customers, investors, and regulators. A massive breach is not an individual error or a technology failure — it’s an organizational breakdown that is the responsibility of the top executive.

Execution 8

Execution Press Release Report Reputation 8

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

Harvard Business Review

FEBRUARY 9, 2015

Among their trophies in 2014 was a complete housecleaning at Darden Restaurants, the largest operator of full-service restaurants in the U.S. 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

N2Growth Blog

SEPTEMBER 22, 2010

Do you have the necessary resources (financial, technology, talent, infrastructure, etc.) How can we improve the risk management, governance, control, and reporting functions for this? " My days in technology have taught me that you frequently have to ask "why" up to 5 times before you REALLY get the answer.

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Team Building Blog Team CEO 284

Harvard Business Review

JANUARY 26, 2012

This technological and logistical challenge is made all the harder by the fact that by 2030, we'll be confronting a water supply shortage of approximately 40 percent due to a toxic combination of rising demand and climate-change-driven shifts in water supply. These issues create collective risks that cannot be managed in silos.

Energy 12

Energy Supply Chain Constraint Long-term 12

Harvard Business Review

MAY 17, 2016

I propose a risk-oriented framework for deciding when and how to allocate decision problems between humans and machine-based decision makers. This diagram presents examples of a number of problems ordered by their predictability given the current state-of-the-art in machine learning and AI technology.

Uncertainty 9

Uncertainty Simon Cost Long-term 9

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.

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Blog Innovation Strategic Planning Brand 384

Harvard Business Review

MARCH 1, 2017

To wit, 45% of financial intermediaries , such as payment networks, stock exchanges, and money transfer services, suffer from economic crime every year; the number is 37% for the entire economy, and only 20% and 27% for the professional services and technology sectors, respectively. How technology is transforming transactions.

Finance 8

Finance IPO Banking Venture Capitalist 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.

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Politics Committee Telecommunications Diversity 8