Strategy Driven

OCTOBER 3, 2014

I ask clients to do so without using the words: ‘technology,’ ‘sales,’ and ‘solutions.’ Technology is a tool, which feeds into tactics. Measure and review the progress. Periodically, test and review the process. Identify strategic objectives and goals. 7 Biggest Visioning Challenges.

Mission Statement 81

Mission Statement Benchmarking Tactics Strategic Planning 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 14

Risk Management Maturity EBITDA Management 14

Harvard Business Review

JUNE 2, 2023

In our technology-dependent society, the effectiveness of cyber risk governance of companies affects its stock prices, as well as short-term and long-term shareholder value. Unfortunately, monitoring the long-term effectiveness of a cyber risk management strategy is not easy to grasp.

Short-term 16

Short-term Long-term Risk Management Price 16

Strategy Driven

SEPTEMBER 25, 2019

Learning about and investing in the latest alarm system technology is crucial. While this security technology will be expensive, it is definitely a great investment. The more you know about how to navigate the world of alarm system technology, the easier it will be for you to find the right elements for your residence.

System 10

System Technology Operations Definition 10

Harvard Business Review

JUNE 1, 2023

Technological advances in areas such as generative AI and automation have strengthened threat actors, leading to new and evolving threats. Against this backdrop, it becomes increasingly crucial for corporate boards to align their organizations’ cyber-risk management with their business needs.

Risk Management 15

Risk Management Reputation Morale How To 15

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

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 79

Energy Strategic Planning Succession Humphrey 79

Harvard Business Review

MARCH 30, 2020

How resilient is the technology industry amidst COVID-19?

Technology 10

Technology Company Industry Risk Management 10

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

JANUARY 18, 2024

But in order for this to happen, companies need to build people’s trust in the technology. Generative AI has the potential to reinvent work, freeing us to unleash our creativity on the problems that really matter.

Technology 21

Technology Creativity Company Risk Management 21

Harvard Business Review

NOVEMBER 6, 2023

Through transparent reporting, collaborative risk management, and shared best practices, the consultancies can navigate the AI revolution responsibly, shaping the trajectory of business and society in a meaningful and lasting way.

Consultative 21

Consultative Management Ethics Risk Management 21

Harvard Business Review

JUNE 16, 2023

With accurate player-availability predictions for all active players, AI-powered decision-making is dramatically improved around three dimensions: 1) Risk management: If a productive wide-receiver is likely to get hurt, for example, a team might invest more in talented backups, to minimize drop-off in team performance during injury.

Sports 24

Sports Risk Management Training Team 24

Harvard Business Review

AUGUST 14, 2023

Leaders are feeling disoriented and concerned about the new technology. Here’s four key risks to understand — and advice on how to address them.

Advice 16

Advice Technology How To Risk Management 16

Harvard Business Review

AUGUST 23, 2023

Extreme weather events, infrastructure and technology failures, and transportation accidents are on the rise globally. These physical threats often have cascading effects that reach all areas of a business. Organizational resilience, or the ability to anticipate, absorb, and recover from hazardous events, is now table stakes.

ROI 15

ROI Transportation Bottom-up Globalization 15

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. Recruitment, performance metrics, and career advancement all need to be viewed through a lens of technology-driven innovation.

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. — [and] not much on risk, people, innovation.” Director Recruitment and Skills.

Innovation 9

Innovation Short-term Telecommunications Long-term 9

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

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 12

Supply Chain Risk Management Hedge Banking 12

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. military says, volatility, uncertainty, complexity, and ambiguity , where technology and strategy changes rapidly. Set learning goals.

Organization 11

Organization Tactics Call Center Metrics 11

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

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. (One of us, Luke, is so enthusiastic about CARVER that he cowrote a book on it.).

Tools 10

Tools Risk Management Budgeting SWOT 10

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 10

Merchandising Risk Management Supply Chain Retail 10

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 15

Career Risk Management Long-term Learning-by-Doing 15

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

OCTOBER 25, 2016

The biggest mistake I see is companies treating cybersecurity solely as a technology matter for IT departments to solve. That’s why I stress the value of a cyber risk management framework that begins by focusing on the business factors driving growth and profitability and ends with the technology infrastructure.

Contingency Plans 8

Contingency Plans Risk Management Insurance Business Model 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

SEPTEMBER 20, 2016

The key to identifying and addressing at-risk employees before a breach or incident occurs is to focus as much on understanding and anticipating human behavior as on shoring up technological defenses. 0001% of communications that have been analyzed by this tool require human review. In our experience, less than.0001%

Forrester 8

Forrester Shaw Absenteeism Analysis 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. The technology can record transactions between two parties efficiently and in a verifiable and permanent way. Update HIPAA. financial services arena. billion citizens.

Health Care 8

Health Care Supply Chain Insurance Risk Management 8

Harvard Business Review

MAY 9, 2014

Here’s a review of the five core components of resilient systems, which I pulled together for my new book, The Big Pivot , based in part on two other important works: Nassim Taleb’s Antifragile: Things That Gain from Disorder and Resilience: Why Things Bounce Back , by Andrew Zolli and Ann Marie Healy. Diversity.

Supply Chain 8

Supply Chain Strategy Risk Management Christensen 8

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

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. Make risk a strategic priority. Yet that traditional approach can lead corporations to overlook risks’ integrated effects.

Insurance 8

Insurance Risk Management Finance Supply Chain 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. Pilots spend much of their time managing and monitoring, rather than actively flying, their aircraft. million flights.

Technology 8

Technology Airlines System Learning-by-Doing 8

Harvard Business Review

JUNE 19, 2013

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. This is a management failure, not a technological problem. Why Your CEO Is a Security Risk. But security?

Company 8

Company Chief Operating Officer Chief Technology Officer Chief Information Officer 8

Harvard Business Review

AUGUST 20, 2014

Information & technology IT management Risk management' Give it a try — it shows how you stack up against others and provides feedback on the precautions that you and your organization are taking against insider threats.

Company 8

Company Information Technology Wilde Risk Management 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 11

Ethics Report System Sample 11

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. Boards Technology'

Business Model 8

Business Model Technology Long-term Risk Management 8

Harvard Business Review

NOVEMBER 9, 2012

But given that today's CMO is often the main connection between the consumer and the company, a strong relationship with the CIO can allow her to leverage technology to better understand those customers. It's up to the CEO to ensure that marketing and IT are on the same page in terms of both innovation goals and risk management.

CIO 8

CIO Chief Information Officer Norton Technology 8