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Annual Board Evaluations: A Gateway to Sustained Board Effectiveness

N2Growth Blog

One best practice is to utilize anonymous surveys or questionnaires, allowing board members to share their thoughts without fearing potential repercussions. Boards are critical in overseeing and guiding the company’s risk management framework, ensuring adequate measures are in place to identify, assess, and mitigate potential risks.

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7 Strategies for Reducing Operational Management Risk

Strategy Driven

Deploying an operational risk management program that does the intended job remains a challenge for many businesses today. Another problem companies face today involves the funding of the operational risk management strategy consistently. Any person within an organization can make a risk decision. Start at the Top.

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The Need For Effective Regulation Of Fintech

The Horizons Tracker

A recent report from Cambridge Judge Business School highlights how important regulation is to the promotion of financial inclusion and the utilization of technology to effectively manage evolving consumer risks. The study relies on a survey of around 130 financial authorities from over 100 jurisdictions around the world.

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Research Explores What Helps Japanese Companies Endure

The Horizons Tracker

They also conducted surveys, with text mining used to try and extract key themes that could potentially add further context to their enduring success. Management and business credo. Change and risk management. Customers and products.

Company 99
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How Employee Feedback May Have Prevented Deadly Meningitis Outbreak

Great Leadership By Dan

If current employees are hesitant to talk, HR should also be conducting exit interviews , particularly in high-risk occupations like healthcare, to identify any areas that may put the company, its customers and consumers at risk. HR can facilitate discussions and task forces for planning and next steps.

Mentor 232
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How Mature is Your Risk Management?

Harvard Business Review

In recent research conducted by Ernst & Young, the top finding was that organizations with greater risk management maturity—that is to say, those that do focus on strategic risks and have integrated their various risk management activities—outperform their peers financially.

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The Importance of Organizational Resilience

Experience to Lead

Businesses regularly establish routines in the way they operate, but when problems arise and they’re thrown a curve ball, those routines and competencies may no longer work for the situation managers find themselves in. One of the quickest ways to learn organizational resilience is to be thrown in the deep end.