Harvard Business Review

JUNE 29, 2012

But what about the more strategic risk areas, such as those related to emerging market entry or acquisition growth strategies? What about the risks that could affect the financial performance (or even the very survival) of the enterprise—risks like brand degradation or product relevance?

Risk Management 14

Risk Management Maturity EBITDA Management 14

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

NOVEMBER 9, 2012

When Thai flooding created significant shortages in the hard disc drive market, manufacturers lost millions of dollars. This is especially true in supply chain risk management, although those high-profile one-off events do not necessarily represent the largest portion of risks that should be addressed regularly by supply chain managers.

Supply Chain 8

Supply Chain Chief Procurement Officer Risk Management Management 8

Harvard Business Review

OCTOBER 10, 2017

industries, and a review of hundreds of academic studies on the psychology of human performance, shows that most leaders and organizations tend to focus on just one type of performance. These stats were reviewed by managers every week. Before, tricky problems would be redirected to a risk manager. Related Video.

Organization 13

Organization Tactics Call Center Metrics 13

Great Leadership By Dan

SEPTEMBER 3, 2013

Here’s why: “Most organizations see leaders'' as drivers of results - exceeding sales quotas, deepening market share, boosting profits, etc. Note: This can backfire in a culture of fear - worst case scenario, everyone is so scared that they give the leader GLOWING reviews, and now the leader has "proof" he/she doesn''t have to change.”.

Leadership Development 283

Leadership Development Development Planning Self-aware 283

Harvard Business Review

NOVEMBER 9, 2012

But today, acquiring and interpreting customer data inherently must involve both the marketing and IT departments. In fact, recent research [PDF] conducted by the CMO Council, suggests that this process should start with the Chief Marketing Officer (CMO) and the Chief Information Officer (CIO). Apply Tools that Everyone Can Use.

CIO 8

CIO Chief Information Officer Norton Technology 8

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. alashi/Getty Images.

Supply Chain 8

Supply Chain Technology System Engineering 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

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. MORE ON MANAGING RISKY BEHAVIORS.

Merchandising 11

Merchandising Risk Management Supply Chain Retail 11

Harvard Business Review

JANUARY 12, 2018

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.

Consultative 8

Consultative Strategy Advice McKinsey 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

AUGUST 23, 2012

The best policies are often a collaborative effort: Employees offer use-case input from the front lines; marketing defines the scope of messaging; IT outlines social technologies and devices; and the legal or compliance department ensures guidelines meet the necessary regulatory criteria. Once a policy is in place, training is critical.

Compliance 15

Compliance Media Compliance Officer Policies 15

Harvard Business Review

FEBRUARY 15, 2018

drop in stock price) from the spillover effects of Nvidia’s breach, controlling for overall market effects. increase in stock prices) on the event day due to competitive effects, again controlling for overall market effects. Its rival Advanced Micro Devices (AMD) lost about $48 million on the event day (-1.4%

Policies 10

Policies Company Sample Price 10

Harvard Business Review

NOVEMBER 22, 2016

An example is The North Face, which is experimenting with its Fluid Expert Personal Shopper tool, powered by IBM’s Watson, to provide customers with a more intuitive search experience through a natural language capability. Read more from Cognizant: What Consumers Want Online Now from Their Health Care Plans. Assess readiness.

Insurance 8

Insurance Industry Content Competitive Advantage 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

Harvard Business Review

NOVEMBER 8, 2018

Corporate marketers and communicators, as the people who supply platforms with the money that is their lifeblood, are in a strong position to push for faster action. Communicators should make sure they have the right tools in place to deal with a fast-moving manipulated-reality crisis.

Reputation 10

Reputation Company Video Crisis 10

Harvard Business Review

MAY 2, 2014

Then develop a risk profile for your current strategy using the same framework you’re using to assess your new strategic options. If you have assessed the risk of your strategic options in terms of brand risk, operational risk, market risk, and so on, do the same for the current strategy.

Strategic Planning 8

Strategic Planning Due Diligence Proposal Rogers 8

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. These require sophisticated, sustainability-based management. ” Improving risk management. billion in mining projects since 2010. Fostering innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

OCTOBER 13, 2011

Bank marketing materials focus on the dreams, anxieties and goals of consumers. 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.

Banking 10

Banking Pharmaceuticals Microfinance Risk Management 10

Harvard Business Review

JUNE 11, 2014

“In a casual environment, you would not introduce a new process or tool simply for consistency’s sake, to make you more comfortable,” she explains. “So So explain the value the new tool or process brings to everyone. Jen Su points to risk management as an area where your new organization might welcome more formal processes.

Process 8

Process P&L Case Study Software 8

Harvard Business Review

MARCH 5, 2012

Such initiatives give employees a chance to develop new skills, the company an opportunity to scope out new business in emerging markets, and the local organization the benefits of corporate expertise and relationships. (By In short, corporate volunteer programs deliver more than a karmic paycheck.

Participative 14

Participative Library Entrepreneur Survey 14

Harvard Business Review

JUNE 17, 2013

Developing appropriate solutions requires understanding networks comprised of multitudes of heterogeneous layered subnetworks managed by organizations around the world, each with their own policies and incentives. We can tackle this problem using tools from the growing field of Complexity Science. Why Your CEO Is a Security Risk.

Game Theory 8

Game Theory Incentives Diversity System 8

Harvard Business Review

FEBRUARY 15, 2016

But recently oil prices have dropped so low that warning bells rippled through global markets, and they remain volatile. How big is the risk? HBR: Do you see sustained low oil prices as a risk? We’re getting more efficient at producing at a lower cost because of the market pressures. How so, and how large?

Price 8

Price Energy Constraint Marketing 8

Harvard Business Review

FEBRUARY 8, 2013

The very next day, we were treated to a first-person account of a mass HMV layoff, as the company's Online Marketing and Social Media Planner live tweeted her own firing. Manage your GlassDoor reputation as carefully as your Yelp profile. from the company's own Twitter account. Make sure your social media monitoring covers HR keywords.

Media 9

Media PR Welch Policies 9

Strategy Driven

FEBRUARY 7, 2014

Technology is but one tool of the trade. 7 Applications for Yesterdayism… How to Shape the Past Into the Future: Re-Reading… Reviewing… Finding New Nuggets in Old Files. Review case studies and their patterns for repeating themselves. When we see how far we have come, it gives further direction for the future.

Planning 64

Planning Learning Curve Learning-by-Doing Budgeting 64

Harvard Business Review

AUGUST 28, 2017

Better Data Can Help Insurers More Accurately Price Climate Risk. Hayek , economists have emphasized the central role that price signals play in markets. When valuing these rebates, Re:focus relies on Risk Management Solutions’ modeling software to accurately judge how much a project reduces disaster risk.

Insurance 11

Insurance Real Estate Industry Bond 11

Harvard Business Review

JUNE 5, 2013

Sometimes you need hacking tools that are easily accessible for purchase on the web; sometimes you need significant technical expertise. A major national effort to educate the public and market a new "culture of security" for Internet behavior. Government Information & technology Risk management'

Supply Chain 8

Supply Chain Engineering Information Technology System 8

Harvard Business Review

MARCH 28, 2018

Healthcare data is also highly prized on the black market because there are so many lucrative ways to use it fraudulently, so it’s often a more attractive target than financial or other personal data. What staff members are we targeting?

Health Care 10

Health Care Forrester Policies Tactics 10

Harvard Business Review

NOVEMBER 30, 2016

They alert us to the risks of eating unhealthy foods, smoking cigarettes, taking prescription drugs, driving cars, using power tools, and performing many other activities. Obviously, we can’t simply ban activities or products that bring some risks along with their benefits. Warning labels are everywhere.

Chemicals 8

Chemicals Mass Marketing System Policies 8

Harvard Business Review

DECEMBER 7, 2017

” In other words, this is not about compromise or settling for whatever talent you can get in an overly competitive labor market. According to the IDF blog , these specialized analysts are “gifted with an incredible ability to analyze, interpret, and understand satellite images and maps.”

Organization 8

Organization Analysis Incubator Learning-by-Doing 8

Harvard Business Review

NOVEMBER 14, 2012

To do that, all the parties that have a stake in disruptions — members of supply chains, insurers, governments, and markets — should proactively develop a responsiveness system that would be able to predict different types and levels of supply-chain disasters.

Supply Chain 8

Supply Chain Chief Procurement Officer Transportation Merchandising 8

Harvard Business Review

DECEMBER 18, 2017

Despite increased spending and innovation in the cybersecurity market, there is every indication that the situation will only worsen. Executives who are preparing to handle future cybersecurity challenges with the same mindset and tools that they’ve been using all along are setting themselves up for continued failure.

System 8

System Bottom-up Taylorism Taylor 8

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. Instead they create portfolios of innovation projects of different types, technologies, and markets, with large numbers of early stage projects and smaller numbers over time.

Management 8

Management Core Competence Project Bond 8

Harvard Business Review

JULY 15, 2014

There are real benefits to this real-time business capability: getting to market faster, capturing value quicker, more immediate responsiveness to customer needs. As Andy Singleton, CEO at Assembla , explained to me, continuous deployment can be both cheaper and lower risk. Google’s Automated Test Machine.

Productivity 8

Productivity Products Development Software 8

Harvard Business Review

MARCH 26, 2015

Chief Marketing Officers (CMOs) and Chief Risk Officers (CROs) may seem to have little in common. But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. Both practices have long developed insights into their customers based on data and analytics.

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

Harvard Business Review

NOVEMBER 10, 2017

A study of 19 publicly traded junior gold-mining companies found that one-third of their market capitalization is a function of their stakeholder relations. Another recent study shows that formal agreements with Canadian indigenous communities can, under certain conditions, more than double the market value of a junior mining firm.

Company 9

Company Supply Chain Real Estate Stakeholder Analysis 9