Harvard Business Review

MARCH 26, 2015

But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. The risk team helped run the numbers to ensure the client met the right credit threshold, then marketing prepared the package and the reps went to work. The risk function can do the same.

Risk Management 14

Risk Management Cash Flow Marketing Telecommunications 14

Harvard Business Review

MARCH 21, 2013

These incidents followed closely on the heels of a security breach at international media retailer HMV in late January, when a disgruntled social media manager hijacked one of the company's social media accounts and aired to the world details about recent layoffs and mismanagement. So what's a socially engaged company to do?

Media 18

Media Accounts Education Workflows 18

Harvard Business Review

JULY 19, 2012

That's my takeaway from a scan of Mercer's 2012 Cost of Living Survey, which focuses on the costs of common items for expatriate workers. Who Owns Risk Management? . — By Andy O'Connell. NOT TO MENTION THE SIDE-TRIPS TO WHISTLER. What It Costs To Be an Expat (Mercer Insights). I'm transferring to Vancouver.

Risk Management 12

Risk Management Education Media Implementation 12

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). Holding people to account for these and related issues is an essential element of a broad approach to risk management inside financial services (and industrial) firms.

Risk Management 9

Risk Management Banking Compensation Accounts 9

Harvard Business Review

FEBRUARY 9, 2015

Its directors have turned over many times, of course, but Trian Fund Management, led by activist Nelson Peltz, is pressing for far more than a routine remake, demanding four seats of its own choosing at the table. Much the same occurred at Canadian Pacific Railway in 2012, when Pershing Square Capital Management acquired control of its board.

Assets 12

Assets Risk Management Government Recruitment 12

Harvard Business Review

NOVEMBER 10, 2017

From our own experiences in researching numerous companies and managing corporate social investments in several countries, we argue it is time companies recognize the importance of managing the social risks of big capital projects as effectively as they manage their operational risks.

Energy 12

Energy Real Estate Inclusion Operations 12

Harvard Business Review

MARCH 23, 2011

Old efficiency thinking based on engineering and rational market models needs to be replaced by a creative intelligence based on imagining, building and managing new futures. A former assistant managing editor for Business Week , he is professor of Innovation and Design at Parsons The New School for Design.

Engineering 15

Engineering Government Scaling Media 15

Harvard Business Review

AUGUST 23, 2012

On May 24, 2012, Goldman Sachs did something it had never done in its venerable 143-year history. The latest enterprise social media management systems, offered by companies like Radian 6 , Hearsay Social , and my company, HootSuite , allow firms to assign limited permissions to certain employees. It tweeted. "We

Compliance 17

Compliance Media Banking Accounts 17

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

Harvard Business Review

DECEMBER 17, 2013

Consider how the talent exodus is playing out New Zealand: between 2012 and 2013, the country’s researcher headcount (per million of the population) dropped by almost 11% and its ranking in the Global Innovation Index dropped four slots. Among OECD nations, only Ireland has suffered as much brain drain. Global Disconnect. hiring top talent.

Retention 8

Retention Succession Planning Government Talent Development 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. So how are leading-edge companies evaluating the benefits and risks of rapidly evolving AI crime-fighting and risk management?

Benefits 8

Benefits Banking Risk Management Real Estate 8

Harvard Business Review

APRIL 6, 2016

Two companies transfer selected similar assets into a joint venture in order to support the orderly management of capacity in their industry and reduce the risk of prices spiraling downward. For example, in 2012, Intel, TSMC, and Samsung — three large semiconductor manufacturers based in the U.S.,

Assets 12

Assets Operations Insurance Telecommunications 12

Harvard Business Review

FEBRUARY 3, 2014

million for 2012, a 74 percent increase. Similarly, commentators have been divided about whether the raise was deserved or not, citing both economic performance (2013 was about the same as 2012) and Dimon’s handling of diverse legal and regulatory issues for support.

Accounts 8

Accounts Banking Compensation Compliance 8

Harvard Business Review

JULY 9, 2014

One possible reason is that the financial crisis and the recessionary period that followed have driven corporations to skew their board appointments towards including more risk management and conventional corporate experience, at the expense of more tech-savvy and digital knowledge. And, finally look closely at your board composition.

Digital Transformation 9

Digital Transformation Risk Management Operations Assets 9

Harvard Business Review

OCTOBER 21, 2016

These require sophisticated, sustainability-based management. ” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk. Investing in sustainability is not only a risk management tool; it can also drive innovation.

Assets 15

Assets Operations Revenue Energy 15

Harvard Business Review

MARCH 21, 2013

These incidents followed closely on the heels of a security breach at international media retailer HMV in late January, when a disgruntled social media manager hijacked one of the company's social media accounts and aired to the world details about recent layoffs and mismanagement. So what's a socially engaged company to do?

Media 11

Media Accounts Education Workflows 11

Harvard Business Review

OCTOBER 22, 2013

I did the work in March 2012. Megafirm had outsourced the management of the problem to us. When companies become too complex to manage, they create costs to others. The big banks had well-intentioned formal processes for risk management, but no one was really, genuinely accountable for the risks they took.

Accounts 9

Accounts Banking Risk Management Small Business 9

Harvard Business Review

JUNE 24, 2013

The danger is that their management approaches cannot sense or respond to shocks. Organizational managers and leaders should be worrying about fragility in the face of such shocks. Toyota''s fiscal 2013 profits were more than four times its earnings in 2010, and three times 2012''s. Operations Risk management Strategy'

Operations 8

Operations Risk Management Manager Marketing 8

Harvard Business Review

DECEMBER 19, 2016

The Center for Orthopedic Research and Education (or CORE Institute ) — a group of musculoskeletal, neurologic, and rehabilitative physicians in Arizona and Michigan that includes orthopedic, spine, and pain-management physicians and a number of other types of clinicians — is pioneering an approach that represents a middle ground.

Hospitality 13

Hospitality Benchmarking Accounts Insurance 13

Harvard Business Review

APRIL 18, 2013

This is one of the reasons research has found that in order to experience the benefits of diversity (better risk management, higher creativity, etc) on a board you need three women; one or even two aren''t enough to create real change. Here''s what we found when comparing the 3 women: Brand Passion Index for April 2012- April 2013.

Media 11

Media Risk Management Metrics Diversity 11

Harvard Business Review

FEBRUARY 6, 2013

In the first half of 2012, thousands of merger and acquisition deals were announced globally, worth more than $900 billion. To reduce the risks however, there are two steps that managers can take to make sure their firms are ready for the challenges of integration before committing to an actual deal. Odds are the answer is yes.

Compliance 8

Compliance Government Manager Operations 8

Harvard Business Review

MAY 11, 2012

I just wasn't interested in whether the IMF would officially announce before 1 April 2012 that an agreement had been reached to lend Hungary an additional 15+ Billion Euros. I think I'm pretty curious about the workings of the political-economic world.

Government 12

Government Metrics Recruitment Risk Management 12

Harvard Business Review

APRIL 10, 2014

In 2012, we (in partnership with WomenCorporateDirectors and Heidrick & Struggles) surveyed more than 1,000 corporate directors across the globe and broke out the FOB boards from the non-FOB boards. Strategic Challenges and Talent Management. Boards cannot govern effectively if they’re missing key skill sets.

Succession Planning 9

Succession Planning Diversity Government Compensation 9

Harvard Business Review

AUGUST 24, 2017

After all, there’s a subtle difference in how these two disciplines train people to understand and manage risks: Legal training focuses on the downside of particular actions, while business training may emphasize the upsides for shareholder value from risk taking. More Litigation, or Less?

Banking 8

Banking Compliance Cash Flow Biotech 8

Harvard Business Review

SEPTEMBER 14, 2012

Each plan should also contribute to better managed firms, with stronger market discipline, risk management practices and less stability-threatening imprudence. What happens during a crisis, when authorities and management are scrambling in an uncertain and changing situation to rescue an ailing bank, is another issue entirely.

Banking 8

Banking Balance Sheet Government Marketing 8

Harvard Business Review

JANUARY 10, 2013

This pact follows a February 2012 agreement between B of A, Citi, JPM, Wells Fargo and Ally with State Attorneys General and federal authorities to pay $26 billion for similar failings. billion to homeowners. Other banks are considering whether to join the agreement (e.g. Ally Financial and HSBC Holdings).

Banking 11

Banking Cash Flow Accounts Government 11

Harvard Business Review

FEBRUARY 15, 2018

For an example of competitor harm due to these spillover effects, consider the July 2012 Nvidia data breach, which affected 400,000 user accounts. Our research shows that sometimes a breach creates spillover, where investors perceive a guilt-by-association effect that harms the breached firm’s close rivals.

Marketing 14

Marketing Implementation Benefits Recruitment 14

Harvard Business Review

FEBRUARY 21, 2013

A January 2012 NLRB memo highlights a year's worth of their decisions involving social media, 14 in all. That, according to the NLRB, is what Mariana Cole-Rivera and her colleagues at Hispanics United of Buffalo were doing when they used Facebook to discuss their coworker's threat of exposing their alleged poor performance.

Media 9

Media Nonprofit Human Resources Risk Management 9

Vantage Circle

JANUARY 9, 2024

What is Human Capital Management (HCM)? Human Capital Management (HCM) is a strategic approach to managing an organization's workforce, encompassing a range of practices and processes to maximize the value of human resources. Payroll Management : Automated payroll processing to ensure accurate and timely compensation.

Software 64

Software Compliance Onboarding Administration 64

Harvard Business Review

MARCH 18, 2013

As of 2012, it had terminated more than 1.5 For example, how big is the problem of cheating in online games? Valve Corporation's game platform, Steam , developed an anti-cheat solution in 2006 after it detected 10,000 cheating attempts in a single week. million accounts within the 60 games running on Steam.

Revenue 8

Revenue Accounts Operations Risk Management 8

Harvard Business Review

MAY 23, 2012

That discord in 2010 and 2011 contributed to the chief investment office's losing trades in 2012, the current and former bankers said. Managing risks — especially the hard-to-pin-down, moving-target risks that any financial trading operation has to cope with — inevitably involves arguing.

Manager 13

Manager Risk Management Banking Diversity 13

Harvard Business Review

JUNE 4, 2012

He cultivates private sources — managers he's known for years. This story was inspired by " CEO Power and Risk Taking : Evidence from the Subprime Lending Industry" by Krista B. Muller-Kahle in the May 2012 Corporate Governance: An International Review. MORE ON MANAGING RISKY BEHAVIORS. Every CEO does that.

Government 12

Government Manager Risk Management 12

Harvard Business Review

JANUARY 15, 2014

My conversations with local managers were frustrating. There were complaints and resistance within the company, which had retained a culture of strict hierarchy and rigid, top-down management style. Many employees were not prepared to change, and almost all the managers at the Rustenburg mine were replaced.

Operations 8

Operations Government Change Management Risk Management 8

Harvard Business Review

APRIL 12, 2017

Large public events like the Boston Marathon require tremendous resource investment to organize and manage the event as well as to ensure the safety of those involved. cities that held marathons from 2002 to 2012. In addition to widespread road closures required to hold the marathon (by definition, more than 26.2 of them died).

Hospitality 14

Hospitality Transportation Travel Accounts 14

Harvard Business Review

FEBRUARY 27, 2014

billion, or 17% of settlements, in 2012. Economy Finance Risk management' The percentage take tends to go up as the settlement amounts get smaller — overall, NERA reports that plaintiff’s attorneys pocketed $1.13

Marketing 8

Marketing Risk Management Engineering Insurance 8

Harvard Business Review

JUNE 20, 2017

Most Mexico country managers believe one of the following scenarios is likely: A long period of populist-driven uncertainty. The current government of Enrique Peña Nieto suffers from record-low approval ratings (link in Spanish), making the ruling party, the PRI, unlikely to retain the presidency.

Administration 11

Administration Marketing Sales Sales 11