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A 6-Part Tool for Ranking and Assessing Risks

Harvard Business Review

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.). 3 – Moderate impact.

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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. Should they make a big bet, hedge their position, or just wait and see? Probabilistic risk managers will think about the future of how they work.

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4 Models for Using AI to Make Decisions

Harvard Business Review

Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. Top management would have to trust its computationally brilliant bidding software. They frequently find the technologies are less of a hassle than the people. That was the challenge.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. ZB by 2020.

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How Blockchain Is Changing Finance

Harvard Business Review

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.