First Friday Book Synopsis

MARCH 15, 2015

He examines the various roles of models, prototypes, and simulations as collaborative media for innovation risk management. He has served as an advisor on innovation issues and investments to major […].

Wilde 70

Wilde Drucker Software Innovation 70

Strategy Driven

OCTOBER 23, 2020

From office supplies to cleaning tools, they should be in proper places and kept in an organized manner. Regular inspections are a must since they help spot potential dangers like messy floors, disorganized tools, and tangled cords. Providing The Right Tools. During your meetings, perform a brief review of safety rules.

Tips 111

Tips Tools Loyalty Industry 111

Strategy Driven

NOVEMBER 22, 2022

Here, we’re going to review some of those hazards and why it’s essential to audit the workplace for any you might otherwise miss. To that end, you should make sure that your workplace invests in safe chemical storage, transport, and cleanup tools so that your team is ready and able to handle them in any situation.

Chemicals 114

Chemicals Transportation Construction Training 114

Harvard Business Review

JUNE 29, 2012

For years, companies have been pouring money into people, processes, and technology that can help them manage risk. Most have done a great job of containing their financial reporting and compliance risks. Managers could keep the organization within acceptable tolerance ranges, driving performance to plan.

Risk Management 14

Risk Management Maturity EBITDA Management 14

Harvard Business Review

JUNE 22, 2012

Their risk appetite is amplified by an urgency or impatience to "get the job done," a belief that they have all the information they need and therefore don't need the assistance or interference of others, and a feeling that if all of the potential risks were uncovered, they would not be allowed to proceed. UC manages three U.S.

Risk Management 12

Risk Management Management Efficiency Compliance 12

First Friday Book Synopsis

MAY 23, 2012

Schoemaker is a pioneer in the field of decision sciences, among the first to combine the practical ideas of decision theory, behavioral economics, scenario planning, and risk management into a set of strategic decision-making tools for managers.

Scenario Planning 85

Scenario Planning Risk Management Tools Planning 85

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. Since the 1980s, however, Games organizing committees have increasingly invested in teams and systems dedicated to the management of risk through internal controls.

Risk Management 15

Risk Management Management Committee Insurance 15

Strategy Driven

OCTOBER 3, 2014

Clarify management values. Usually, management has not yet articulated their own individual values, let alone those of the organization. Technology is a tool, which feeds into tactics. Measure and review the progress. Periodically, test and review the process. 7 Biggest Visioning Challenges.

Mission Statement 81

Mission Statement Benchmarking Tactics Strategic Planning 81

Harvard Business Review

SEPTEMBER 21, 2018

In addition, many security experts consider it the definitive assessment tool for protecting critical assets. 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.

Tools 12

Tools Risk Management Budgeting SWOT 12

Harvard Business Review

OCTOBER 7, 2014

Bringing advanced analytic tools into your organization can help you clone your best decision makers so that you get better, faster decisions in every situation that requires human judgment. But you may have to revamp your decision processes to make the tools work smoothly. They involve marketing in the rollout.

Tools 10

Tools Workshop Information Technology Risk Management 10

Harvard Business Review

MAY 31, 2024

Risk around using gen AI can be classified based on two factors: intent and usage. Similarly, using gen AI tools to create content is differentiated from consuming content that other parties may have created with gen AI (usage). Accidental misapplication of gen AI is different from deliberate malpractices (intent).

Content 19

Content How To Tools Organization 19

Harvard Business Review

NOVEMBER 9, 2012

In an uncertain and volatile world, risk management — a previously unsexy subject for many managers who created annual updates or reviews of their company's risk management plans — is now a front-burner issue for many. This assumption may be fundamentally flawed.

Supply Chain 8

Supply Chain Chief Procurement Officer Risk Management Management 8

Harvard Business Review

MAY 30, 2012

In most organizations without professional risk managers, the amount of risk individuals are allowed to take is set informally and evaluated by tradition. People with unpopular ideas about risk may be eliminated or marginalized, depriving the organization of essential diversity. An important one is permission to fail.

Risk Management 12

Risk Management Proposal Committee Exit Strategy 12

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. So how are leading-edge companies evaluating the benefits and risks of rapidly evolving AI crime-fighting and risk management?

Banking 8

Banking Strategic Fit Risk Management Real Estate 8

Harvard Business Review

OCTOBER 10, 2017

Precision made it easy for managers to oversee their employees. Every spot on every line was visible to managers. But Bernstein and his team observed that when managers were not watching, employees secretly developed and shared better ways of doing the work. These stats were reviewed by managers every week.

Organization 13

Organization Tactics Call Center Metrics 13

Harvard Business Review

DECEMBER 13, 2022

New tools are making it easier for anyone to use AI. Here’s how to make sure employees are doing so responsibly.

Tools 19

Tools How To Risk Management Ethics 19

Great Leadership By Dan

SEPTEMBER 3, 2013

John Hunter , from Curious Cat Management Improvement Blog , says “ One item I think every leader should have in their IDP is to continue to improve coaching their staff. Examples: an accounting manager could shadow HR for a day or an person in operations could learn more about the sales process. Tacy Byham, Ph.D.

Leadership Development 283

Leadership Development Development Planning Self-aware 283

Harvard Business Review

JUNE 18, 2012

Risk management is critical for business decisions — but may not be healthy for making decisions about your career. In fact, if you want your career to take off, you may need to do the opposite of what risk managers try to do: Instead of focusing on how to reduce risks, you may need to embrace and enhance them.

Career 16

Career Risk Management Long-term Learning-by-Doing 16

Harvard Business Review

DECEMBER 23, 2014

I suggest three: 1) understand how the brain processes risk; 2) remember that risk-taking can be a good thing; 3) learn to become an expert at bouncing back from failure, thus taking some of the sting out of risk-taking. Understand how the brain processes risk. So assessing a situation and its risks are not enough.

Tools 15

Tools Risk Management Learning-by-Doing Retail 15

Harvard Business Review

AUGUST 10, 2018

Companies are cutting supply chain complexity and accelerating responsiveness using the tools of artificial intelligence. Through AI, machine learning, robotics, and advanced analytics, firms are augmenting knowledge-intensive areas such as supply chain planning, customer order management, and inventory tracking.

Supply Chain 8

Supply Chain Technology System Engineering 8

Harvard Business Review

MAY 29, 2012

The answer is found in a sound risk management program that trains, equips, monitors, measures and rewards people for avoiding mistakes and making good decisions. Then, you have to be visible and consistent in holding managers accountable. But there's more going on here than cost management.

Risk Management 11

Risk Management Insurance Incentives Retail 11

Harvard Business Review

MAY 24, 2012

Every large financial services company has instituted risk management, but that hasn't prevented risky behavior in the form of office politics and personality conflict — as the JP Morgan trading debacle has demonstrated. Risk management isn't exclusive to banking. But all too often, those safeguards are ignored.

Merchandising 11

Merchandising Risk Management Supply Chain Retail 11

Harvard Business Review

SEPTEMBER 4, 2012

One such skill is portfolio management , the application of systematic tools for reducing risks and maximizing the return on investments. You then manage the risk and return in the portfolio by adjusting the mix and amount of investments, since it is unlikely that all of them will rise or fall to the same degree simultaneously.

Management 8

Management Core Competence Project Bond 8

Harvard Business Review

AUGUST 15, 2016

If doing nothing leads to decline, projects with marginal projections actually are better alternatives than inaction (this misuse of financial tools for innovation is discussed in depth in a 2008 Harvard Business Review article by Clayton Christensen, Willy Shih, and Stephen Kaufman). Believing that good entrepreneurs seek out risk.

Net Present Value 8

Net Present Value Entrepreneur Christensen Innovation 8

Harvard Business Review

APRIL 3, 2015

They’re starting to use more digital tools to gather information, post questions and comments, connect individuals in remote locations, and present ideas more visually. But there are plenty of other tools they could be using to do their jobs better — technologies that have proved useful in other contexts. Insight Center.

Scenario Planning 8

Scenario Planning Tools Technology Compliance 8

Harvard Business Review

JULY 13, 2012

These announcements are important developments in showing how financial service firms (as well as other companies) can use voluntary adopted compensation recovery policies to discourage bad behavior and excessive risk-taking. But, three critical elements of full transparency are missing from today's JPM announcement.

CIO 12

CIO Risk Management Policies Reputation 12

Harvard Business Review

AUGUST 20, 2014

As part of that effort, they have developed this tool to help people assess how much of a threat they pose to their own organizations. Information & technology IT management Risk management' Upton and Creese are co-leading an international research project to help organizations uncover and neutralize such threats.

Company 8

Company Information Technology Wilde Risk Management 8

Harvard Business Review

DECEMBER 1, 2017

It’s no longer adequate or acceptable for CFOs to simply focus on managing the financial risks of a company. And the most effective partnerships involve weekly cyber exposure reviews. These new devices represent a tradeoff between efficiency and risk since they’re largely undetectable by traditional tools.

CFO 9

CFO CIO Budgeting Long-term 9

Harvard Business Review

APRIL 26, 2017

Organizations that take cyber security seriously should implement best practices that will help reduce the disconnects and ensure effective cyber risk management. This strategy must capture an appropriate balance between tools, people and processes. Assume that at some point your organization will be breached.

Technology 8

Technology Survey Cost Information 8

Harvard Business Review

SEPTEMBER 20, 2016

Today, we apply this research to enterprise through a software tool that uses algorithms to analyze emails and other digital communications to detect worrisome content, meaning, and patterns in language that correlate with security risks. 0001% of communications that have been analyzed by this tool require human review.

Forrester 8

Forrester Shaw Absenteeism Analysis 8

Harvard Business Review

NOVEMBER 28, 2018

Indeed, we see many succumbing to what Microsoft’s Kate Crawford calls “ data fundamentalism ” — the notion that massive datasets are repositories that yield reliable and objective truths, if only we can extract them using machine learning tools. A more nuanced view is needed.

Ethics 13

Ethics Report System Sample 13

Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. Kearney predicts that assets under “robo-management” will total $2.2

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

AUGUST 23, 2012

Specialized tools, which often integrate with existing email compliance solutions, can now automatically capture social content from both desktops and mobile devices, storing it securely on cloud-based servers. Other tools focus on preventing rogue posts from ever reaching the web.

Compliance 15

Compliance Media Compliance Officer Policies 15

Harvard Business Review

NOVEMBER 9, 2012

And although there are a myriad of analytical tools for generating this kind of information, CMOs are struggling to convert data into consumer insight they can use. A recent study (also from IBM) indicates that more than 70% of CMOs feel they are underprepared to manage the explosion of data and "lack true insight.".

CIO 8

CIO Chief Information Officer Norton Technology 8

Harvard Business Review

JUNE 1, 2017

Here are some specific recommendations, which are based on our collective expertise in care delivery, health systems, financial regulation, and risk management. It also will require health care institutions to look at the cyber risks across their business, not simply in one niche area (e.g., Update HIPAA.

Health Care 8

Health Care Supply Chain Insurance Risk Management 8

Harvard Business Review

MAY 2, 2014

It’s now common practice to manage risk with heightened awareness, disciplined processes, and due diligence. Unfortunately, we are more likely to apply these tools to evaluate the risk of changing than to evaluate the risk of staying the same. Leading teams Risk management Strategic planning'

Strategic Planning 8

Strategic Planning Due Diligence Proposal Rogers 8

Harvard Business Review

SEPTEMBER 19, 2017

” Many managers can easily recite the business case for ethics: Who doesn’t want better risk management, deeper employee engagement, reduced regulatory costs, public trust, and a lure to purpose-driven Millennials? The dominance of the win-win orthodoxy is a sign of progress.

Ethics 14

Ethics Short-term Long-term Supply Chain 14