Strategy Driven

OCTOBER 31, 2017

Thanks to better file management and new information security technologies, companies can implement a much more advanced structuring across their organization. A content management system or a more comprehensive Enterprise Resource Planning (ERP) solution can be used to manage not just operational data but also user access.

How To 52

How To Policies Informal Structure Operations 52

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. Challenge risk financing conventions. Data from the U.S.

Insurance 8

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 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

OCTOBER 10, 2017

military says, volatility, uncertainty, complexity, and ambiguity , where technology and strategy changes rapidly. Essentially, tactical performance is how well you stick to your plan, and adaptive performance is how well you diverge from your plan. Before, tricky problems would be redirected to a risk manager.

Organization 13

Organization Tactics Call Center Metrics 13

Harvard Business Review

NOVEMBER 20, 2017

The immediate emotional response may be to wait until all the details are available and carefully messaged, but it is negligent to withhold information that could help people keep their data and finances safe. It appears Whole Foods had a plan in place as the company reported its most recent breach five days after detection.

Execution 8

Execution Press Release Report Reputation 8

Harvard Business Review

MAY 11, 2011

For mission critical systems deployed in nuclear, aerospace, and medical device industries, how we communicate and understand risk could make a lot of difference on planning. In a world where companies are aggressively selling to customers, sometimes, we fail to present risks in actionable ways.

Engineering 14

Engineering Document Construction Reputation 14

N2Growth Blog

JANUARY 13, 2011

The reality is that many businesses are quick to recognize great ideas, but they often have no plan for how to successfully integrate them into their business model. Every sound business initiative begins with a solid strategic plan. All initiatives surrounding new ideas should include detailed risk management provisions.

Blog 413

Blog Innovation Strategic Planning Brand 413

Strategy Driven

MAY 5, 2020

For many businesses, that is a plan for what you would do to get your business back up and running after a disaster strikes. Almost three-quarters of small business owners do not have a written disaster recovery plan. If you have any loans or finance on anything, talk to your lenders and creditors. Identify responsibilities.

Insurance 67

Insurance Contingency Plans Document Planning 67

N2Growth Blog

SEPTEMBER 22, 2010

What are the greatest challenges you face in pulling this off, and how do you plan to deal with them? 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? How will this impact >?

Team Building 284

Team Building Blog Team CEO 284

Harvard Business Review

JANUARY 12, 2018

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

Strategy Driven

DECEMBER 25, 2019

Finance and business executives often joke that the word blockchain placed at the end of the company name is enough to increase the share price of any entity at least twofold. Blockchain Technology Defined. Blockchain technology is simply defined as a list of records known as blocks linked through cryptography.

Technology 13

Technology Supply Chain Document Participative 13

Harvard Business Review

NOVEMBER 14, 2016

Have a plan. Divvying up assignments for your team members requires forethought and planning, according to Morgenstern. “You are managing the energy and brainpower of an entire group,” she says. ” First, Michelle devised a plan for distributing the workload. Who are my players? Who does what well?

Delegation 8

Delegation Project Team Short-term 8

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. The risk team helped run the numbers to ensure the client met the right credit threshold, then marketing prepared the package and the reps went to work. The risk function can do the same.

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

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.

Energy 13

Energy Supply Chain Constraint Long-term 13