Strategy Driven

JULY 11, 2014

I recommend that diversity audits, quality control reviews, ethics programs and other important regimen be conducted as part of Strategic Planning, rather than as stand-alone, distracting and energy diverting activities. Review the work that you’ve done on tight deadlines. Care about deadlines. Analyze what makes it different.

Energy 81

Energy Strategic Planning Succession Humphrey 81

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 13

Risk Management Maturity EBITDA Management 13

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 14

Risk Management Management Committee Insurance 14

Strategy Driven

FEBRUARY 7, 2014

Technology is but one tool of the trade. In the 1940s, technology brought us the 45-RPM and 33-1/3-RPM records… adding up to the ‘mother speed’ of 78-RPM. 7 Applications for Yesterdayism… How to Shape the Past Into the Future: Re-Reading… Reviewing… Finding New Nuggets in Old Files.

Planning 64

Planning Learning Curve Learning-by-Doing Budgeting 64

Strategy Driven

JANUARY 3, 2014

I recommend that diversity audits, quality control reviews, ethics programs and other important regimen be conducted as part of Strategic Planning, rather than as stand-alone, distracting and energy diverting activities. Review the work that you’ve done on tight deadlines. Care about deadlines. Analyze what makes it different.

Energy 60

Energy Strategic Planning Succession Humphrey 60

Harvard Business Review

SEPTEMBER 21, 2018

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. The CSO would rank Criticality like this: 5 – Loss of the pipeline would stop operations.

Tools 9

Tools Risk Management Budgeting SWOT 9

Harvard Business Review

AUGUST 10, 2018

While AI will be deployed to manage certain tasks, including higher-level decision making, the technology’s true power is in augmenting human capabilities — and that holds true in the supply chain. How companies are using artificial intelligence in their business operations. Insight Center. Adopting AI.

Supply Chain 8

Supply Chain Technology System Engineering 8

Harvard Business Review

SEPTEMBER 21, 2018

Fewer than one-third (30%) of respondents to our survey see innovation as one of the top three challenges their company faces in achieving its strategic objectives, and just 21% think that technology trends are a major strategic challenge. These firms also had higher-rated processes for innovation. Director Recruitment and Skills.

Innovation 8

Innovation Short-term Telecommunications Long-term 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

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. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely.

Organization 9

Organization Tactics Call Center Metrics 9

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

APRIL 26, 2017

They may think differently about the nature of cyber risk and of the way threats translate into business and technological risks. This is largely due to their priorities — C-suite executives have responsibility for mitigating business risk, while IT delivers the technological support that drives the business.

Technology 8

Technology Survey Cost Information 8

Harvard Business Review

JUNE 21, 2013

In particular, expect it to challenge your conception of cybersecurity and your ability to deliver it in IoT-enabled digital networks, your commercial operations, and your partner ecosystems. The IoT will demand another round of risk management strategy review, new network security evaluation tools, and business model revisions.

White Paper 8

White Paper Policies Risk Management Competitive Intelligence 8

Harvard Business Review

NOVEMBER 10, 2017

On paper, the project seemed like it would be a hit: The investment by the mining company would bring jobs and 21st-century technology to an economically poor area and tax revenues to the government. For example, the delays associated with social conflict at large mining operations can run in the vicinity of $20 million per week.

Company 8

Company Supply Chain Real Estate Stakeholder Analysis 8

Harvard Business Review

JULY 15, 2014

It can often seem like digital technology is making every aspect of business move at warp speed. Google’s operation stands out for its scale. Google combines automated testing with a related process that requires a human peer to review code changes. Operations Product development Risk management'

Productivity 8

Productivity Products Development Software 8

Harvard Business Review

MARCH 5, 2012

Yes, political hacktivists brag about Web pages defaced and customer information released over the Internet, but companies rarely reveal the attacks that result in the loss of valuable intellectual property — business plans, proprietary technologies or fraudulent payments. These attacks can be devastating.

Supply Chain 11

Supply Chain Risk Management Hedge Banking 11

Harvard Business Review

MAY 9, 2014

General Mills’ CEO recently blamed the winter for less-than-expected earnings , saying that “severe winter weather…disrupted plant operations and logistics…We lost 62 days of production…which hasn’t happened in decades. It might have actually generated increased revenue as well, if it meant operating while competitors couldn’t.

Supply Chain 8

Supply Chain Strategy Risk Management Christensen 8

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. Others were unable to borrow to replace lost assets and address other operating needs, compromising their earnings potential.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

JULY 9, 2014

Is there any aspect of your daily life and business that is not significantly affected by digital technology? Digital transformation is about a careful transition between the old and the new, balancing risk management, value creation and long-term sustainability, which are precisely the key roles of boards. Not likely.

Business Model 8

Business Model Technology Long-term Risk Management 8

Harvard Business Review

FEBRUARY 11, 2015

After all, attackers typically steal information by exploiting a technology-related vulnerability. In such cultures, employees often have tacit, if not explicit, approval to deploy the most expedient information management solution to the exclusion of more secure but less convenient alternatives.

Policies 8

Policies Risk Management Conflict of Interest Resistance 8

Harvard Business Review

JUNE 19, 2013

Trade secrets, confidential business plans, and operational security depend on it. But when I put the question to top management, well, they''re busy — not their problem, that''s for sure — and they refer me to the chief information officer or the chief technology officer. Why Your CEO Is a Security Risk.

Company 8

Company Chief Operating Officer Chief Technology Officer Chief Information Officer 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.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Harvard Business Review

JUNE 8, 2016

All of this change will require new technologies that enable faster, more secure ways for machines to share and process data. The question confronting Cisco and other companies is how to do that – how to speed the process of innovation, especially as technological change threatens to upend our current business models. .”

Innovation 8

Innovation CAGR Diversity Risk Management 8

Harvard Business Review

JANUARY 23, 2018

So what makes artificial intelligence/machine learning (AI/ML) champions confident that their technologies will be immune to comparably counterproductive outcomes? For too many managers, the technology’s costs often rival its benefits. The Risks and Rewards of AI. Smarter algorithms require smarter risk management.

Software 8

Software Learning-by-Doing Technology Compliance 8

Harvard Business Review

APRIL 27, 2017

Smoke detectors, thermostats, sprinklers, and physical access controls can be operated remotely. Some smart technologies can save lives, such as medical devices that control intravenous drug doses or remotely monitor vital signs. Unlike mobile phones and computers, IoT devices often operate without human supervision or visibility.

Hotels 8

Hotels Company Technology Software 8

Harvard Business Review

NOVEMBER 28, 2018

It is by now abundantly clear that, left unchecked, AI algorithms embedded in digital and social technologies can encode societal biases , accelerate the spread of rumors and disinformation, amplify echo chambers of public opinion, hijack our attention , and even impair our mental wellbeing.

Ethics 9

Ethics Report System Sample 9

Harvard Business Review

APRIL 20, 2017

In doing research on multinational operations in the Middle East and Africa, we’ve learned that companies are well aware of how President Trump’s foreign and trade policies could affect their businesses there. more competitive prices, more localized products) and improve their risk management and operational efficiency.

Depreciation 8

Depreciation Contingency Plans Policies Marketing 8

Harvard Business Review

MAY 26, 2017

Their operations involve partnerships, specializations, and supply chains. Rather than thinking of a clandestine hacker working out of a basement, you will be better served to picture a sophisticated, professional operation working out of an office tower. Integrate email security into your organization’s risk management program.

Supply Chain 8

Supply Chain System CFO Operations 8

Harvard Business Review

NOVEMBER 22, 2016

At the same time, front-runners across industries are partnering with technology companies to identify game-changing business solutions that can be achieved through AI. Building the New “Mega Segments”: Which Content Providers Will Play to Win? At its essence, AI is about embedding human intelligence into machines. Start small.

Insurance 8

Insurance Industry Content Competitive Advantage 8

Harvard Business Review

SEPTEMBER 15, 2017

As technology has become more sophisticated, it has taken over more and more functions previously performed by pilots, bringing huge improvements in aviation safety. For most pilots, automation usually ensures that operations stay well within safe, predictable limits. million flights.

Technology 8

Technology Airlines System Learning-by-Doing 8

Harvard Business Review

DECEMBER 20, 2016

CEO acumen on business-in-society issues is thus imperative in addressing fundamental corporate issues, from business strategy to compliance to ethical standards to risk management. These ethical questions arise in the whole range of corporate activity from technology and manufacturing to marketing and sales.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

Harvard Business Review

AUGUST 3, 2012

But for businesses, knowing when to expend time and effort preventing — and planning responses to — low probability, high consequence events is now, more than ever, one of the hardest and most important risk management problems to address. See my prior thoughts on the range of issues here and here.)

Risk Management 10

Risk Management Supply Chain Crisis Report 10

Harvard Business Review

APRIL 3, 2015

But there are plenty of other tools they could be using to do their jobs better — technologies that have proved useful in other contexts. Through virtual-reality technology, for instance, boards could gain a deeper understanding of their companies and the value they create. Boards Technology Communication Collaboration'

Scenario Planning 8

Scenario Planning Tools Technology Compliance 8

Harvard Business Review

JUNE 1, 2017

This turmoil led to huge operational shifts in the financial services sector, where there’s more focus than ever on consumer education, industry information sharing, and stronger forms of authentication, among other things. The technology can record transactions between two parties efficiently and in a verifiable and permanent way.

Health Care 8

Health Care Supply Chain Insurance Risk Management 8

Harvard Business Review

JANUARY 27, 2017

They’re constantly driving data-driven reviews and making recommendations. They both take initiative on what to analyze and brief top management with what they find. In reality, “handoffs” and transitions prove to be significant operational problems. All-In Autonomy.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 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

NOVEMBER 5, 2018

In the traditional model of electricity generation, large power plants produce power at a centralized location, which operates at a considerable distance from the points of consumption. We validated our quantitative approach by reviewing several case studies of U.S. A rare natural experiment. and international electric utilities.

Company 8

Company Disruptive Innovation Decentralization Software 8