Harvard Business Review

NOVEMBER 8, 2016

For far too long, managing risk has been seen as an esoteric business function — designed to control losses and adhere to compliance standards. Senior business leaders and their boards must therefore change the way they think about risk and how they respond to it. Today, risk lies between the chair and the keyboard.

Risk Management 14

Risk Management Manager Balance Sheet Compliance 14

Harvard Business Review

AUGUST 23, 2012

On May 24, 2012, Goldman Sachs did something it had never done in its venerable 143-year history. Go to LinkedIn and do a search for people currently employed by your enterprise," says social compliance strategist and financial industry veteran Mike Langford. without any compliance process or technology in place.". It tweeted.

Compliance 17

Compliance Media Banking Accounts 17

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes.

Risk Management 10

Risk Management Manager Banking Compliance 10

Harvard Business Review

MARCH 21, 2013

Believe it or not, the most common password in 2012 was still "password" (followed closely by "123456"). Structured training on security and compliance issues, as well as on more advanced themes like using social media to sell to clients and improve internal workflows, is critical.

Media 18

Media Accounts Education Workflows 18

Harvard Business Review

JANUARY 24, 2013

And unfortunately, they suggest that, in our huge, complex financial institutions, major failures of organizational discipline and major losses are likely to recur, despite greater attention to risk management. million in 2012 — because of his "Whale-related" failures, and that JPM had posted a record 2012 net income of $21.3

Risk Management 8

Risk Management Banking Compensation Government 8

Harvard Business Review

MAY 31, 2012

A future compensation action would reduce 2012 variable benefits (bonus or equity awards) in absolute terms (or through a much slower rate of increase). That legislative mandate imposes penalties, regardless of fault, for a defined set of senior leaders for one act (material non-compliance with respect to financial statements).

Risk Management 9

Risk Management Banking Compensation Accounts 9

Harvard Business Review

JULY 16, 2013

Our 2012 survey, in partnership with WomenCorporateDirectors and Heidrick & Struggles, of more than 1,000 corporate directors across the globe, found that only 48% of the boards had a formal process of determining the combination of skills and attributes required for their board and, therefore, for new directors.

Telecommunications 10

Telecommunications Real Estate Risk Management Succession Planning 10