Harvard Business Review

JUNE 29, 2012

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.

Risk Management 15

Risk Management Manager Compliance Government 15

Harvard Business Review

NOVEMBER 8, 2016

But as more organizations fall prey to complex intangible risks, from unwanted disclosure due to rampant cyber threats to breaches of conduct driven by skewed incentive systems, the aperture of risk management is expanding from protecting the balance sheet to promoting ethical leadership and values-based decision making.

Risk Management 14

Risk Management Manager Balance Sheet Compliance 14

Chief Executive

OCTOBER 28, 2022

The mobile app is a one-stop solution giving employees a holistic view of their benefits, such as a 401(k) plan and health savings account, in addition to their personal banking and credit card accounts and loans. Using advanced analytics, we hope to produce smarter and better risk models for our insurance and risk management clients.

Digital Transformation 52

Digital Transformation Insurance Benefits Risk Management 52

Liquid Planner Collaboration

MAY 22, 2023

” Here are the key components: Strategic alignment Governance Prioritization Risk management Resource allocation Together, these components help you achieve your business objectives by making informed decisions, prioritizing effectively, managing potential risks, and using resources (both human and non-human) efficiently.

Project Management 58

Project Management Manager ROI Software 58

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.

Risk Management 14

Risk Management Insurance Banking Accounts 14

Harvard Business Review

SEPTEMBER 20, 2011

Every single Chief Risk Officer and every single non-executive director of every single "too big to fail" financial institution should be challenged by shareholders to prove they've got a surer grasp of risk than UBS. The board's own processes lacked accountability for evaluating the firm's risk exposures, assessments, and management.

Banking 13

Banking Risk Management Government Succession Planning 13

Harvard Business Review

MARCH 12, 2013

What industries are most at risk? Obviously, governments are huge targets of choice. Think about, "What would happen to my business if my unique manufacturing technique was stolen by a foreign government? Do you think that gives credence to other governments' assertions that they've been subjected to hacking attacks?

Government 22

Government Operations Banking Small Business 22

Harvard Business Review

APRIL 25, 2017

Phishing was behind the DNC hack , as well as a breach of government email accounts in Norway , and was the method that state-sponsored hackers recently used in an attempt to steal the passwords of prominent U.S. journalists. Don’t prescribe any single technology or solution — focus on standards and outcomes.

Government 8

Government User Experience Assets Banking 8

Harvard Business Review

JUNE 20, 2016

Remember the public shaming – and heavy sentences — heaped on Enron and Worldcom for their accounting (and more importantly, ethical) failures? This is not surprising: Growing regulation, increased investor focus on governance issues, and scary new categories of corporate risk (e.g. And what about tax rates?

Balance Sheet 14

Balance Sheet Benchmarking Strategic Planning Government 14

Harvard Business Review

JANUARY 17, 2011

We need a much broader and deeper understanding of the role of board and senior management in a large, complex corporation. After its mind was "concentrated" by the 1989 Exxon Valdez spill , the company instituted an Operations Integrity Management System in 1992 which has been evolving ever since.

Government 15

Government Operations Reorganization Risk Management 15

Harvard Business Review

SEPTEMBER 22, 2011

Because better risk management in the future turns on corporate behavior, not just more regulation, and because that risk management is going to be driven from the top of corporations, the answers to these questions of leadership responsibility and accountability for organizational action and culture are of critical importance.

Risk Management 15

Risk Management Accounts Government Operations 15

Harvard Business Review

JUNE 8, 2012

trillion of short-term funding from intermediaries—five times more than loan losses—despite $15 trillion of explicit government guarantees made during the crisis. Had the government guarantees been smaller, the withdrawals would have been much larger. In fact, the government expects to turn a profit.

Real Estate 15

Real Estate Banking Government Assets 15

Harvard Business Review

FEBRUARY 3, 2014

But the ultimate question that gets fuzzed-over in the filing and response is one of culture and accountability — whether a long-serving CEO is accountable for a corporate culture that has spawned major regulatory inquiries and settlements across a broad range of legal issues, even though the firm has otherwise performed well commercially.

Accounts 8

Accounts Banking Compensation Compliance 8

Harvard Business Review

MAY 31, 2012

In the wake of its significant trading losses (now reportedly rising from $2 to $3 billion or more), JP Morgan can win back some of its lost reputation by transparently holding those responsible to account. The rules governing "recoveries" for bad acts are set forth in this year's JP Morgan proxy statement.

Risk Management 10

Risk Management Banking Compensation Accounts 10

Harvard Business Review

FEBRUARY 10, 2015

Like money, it can flow easily across borders and it commands an intrinsic value — the insight generated from personal data helps deliver benefits to individuals, businesses, and governments alike. for a bank to provide data security protections to its customers’ social media accounts).

Telecommunications 14

Telecommunications Government Risk Management Marketing 14

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. they account for 50% of employment and 45% of GDP. Owning up to our own behavioral biases is a worthwhile starting point to discussing the problem of managing infrequent, severe events. Make risk a strategic priority.

Insurance 13

Insurance Risk Management Small Business Cash Flow 13

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. Here is a brief discussion of how the alliance works in key areas: Performance. Compliance.

Compliance 12

Compliance Risk Management Government Implementation 12

Harvard Business Review

APRIL 3, 2015

Some focused on personal leadership style of the CEO, others on compensation or training practices, and still others on organization governance and design. Talent management: To what extent do leaders manage the flow of talent into, through, and out of the organization? from top to bottom, bottom to top, and side to side)?

Marketing 15

Marketing Cash Flow Government Leadership Development 15

Harvard Business Review

MARCH 5, 2012

It's becoming ever clearer that entrepreneurship is the answer to the vexing economic questions facing Africa today: job creation, capital formation, skills acquisition, taxation-based self-sufficiency, quality of governance-demand, and of course social inclusion. But how has it actually evolved in Africa?

Banking 20

Banking Small Business Risk Management Inclusion 20

Harvard Business Review

DECEMBER 2, 2011

I believe that the purposes of the corporation today are threefold: creation of durable value for shareholders and stakeholders through sustained economic performance; sound risk management; and high integrity. customer satisfaction, risk audits, adherence to company ethics). (See But this is not just about better process.

Compensation 16

Compensation Risk Management Operations Employee Engagement 16

Walk Me

OCTOBER 11, 2022

ERP software manages all non-human resources, such as supply chain management, procurement, accounting, and risk management. Combining HCM and ERP capabilities means leaders and departments can manage human and non-human resources using the same unified platform. Compliance.

Software 52

Software Manager Workflows Onboarding 52

Harvard Business Review

MARCH 8, 2012

Governments. Transparency has been a favorite tool that governments have employed to try to combat "excessive" executive pay. Instead of continuing to single out executives for public humiliation, policy makers should — in their drive to enhance accountability — employ transparency in a less-personal manner.

Compensation 13

Compensation Benchmarking Government Accounts 13

Harvard Business Review

AUGUST 28, 2017

Innovations in spatial sciences, combined with big data, raise the possibility of the insurance industry introducing innovative pricing strategies that induce private real estate owners and local governments to take efforts that together yield a more resilient real estate capital stock. During a time when the U.S.

Insurance 15

Insurance Real Estate Government Scaling 15

Harvard Business Review

NOVEMBER 5, 2012

At the center of the corporate wreckage of the past fifteen years — the accounting scandals, the outright fraud, the environmental disasters, the financial meltdown — sits the boards of directors. All this in addition to stiffening of long-standing regulation of markets [e.g. antitrust and securities laws] and externalities [e.g.

Government 9

Government Accounts Risk Management Assets 9

Harvard Business Review

NOVEMBER 28, 2018

It is reasonable to anticipate that emerging regulations might be met with market pull for services involving algorithmic accountability. Decades ago, adopting systems of governance and auditing helped ensure that businesses broadly reflected societal values. So what might an algorithm auditing discipline look like?

Government 15

Government Risk Management Operations Education 15

Harvard Business Review

JANUARY 9, 2015

In the United States we complain about governance from Washington constantly; and in Europe they complain even more about Berlin. And the Germans were capable of responding with the European governments immediately when there was a true rubber-hits-the-road moment, like the Greek exit or Cyprus. When Lehman fell apart, the U.S.

Banking 13

Banking Government Marketing Risk Management 13

Harvard Business Review

JUNE 8, 2012

trillion of short-term funding from intermediaries—five times more than loan losses—despite $15 trillion of explicit government guarantees made during the crisis. Had the government guarantees been smaller, the withdrawals would have been much larger. In fact, the government expects to turn a profit.

Real Estate 12

Real Estate Banking Government Assets 12

Harvard Business Review

AUGUST 23, 2012

These hurdles aren't unique to financial services — insurance, pharmaceuticals, health care and government all face regulation, to name a few examples. The risks and penalties are real. These rules apply to all content of a business nature, whether from an official company account or an employee's own personal account.

Compliance 17

Compliance Media Banking Accounts 17

Harvard Business Review

JUNE 6, 2023

How can one company best hold itself accountable for its role in the opioid crisis?

Accounts 19

Accounts Risk Management Compensation Government 19

AIHR

DECEMBER 4, 2024

An ESG strategy is a framework that helps organizations tackle their environmental impact, build strong relationships with stakeholders, and establish solid governance practices. It focuses on three key pillars: Environmental, Social, and Governance. HR is instrumental in managing these matters.

Compliance 52

Compliance Metrics Diversity Government 52

Harvard Business Review

JANUARY 26, 2012

With agriculture accounting for roughly 70 percent of water use, you can imagine how complicated it can become to maintain a steady supply of all three to industry, citizens, and municipalities. Together, these diverse players will help governments, companies and communities work together to manage the nexus.

Energy 15

Energy Government Diversity Operations 15

Harvard Business Review

OCTOBER 6, 2016

The post-scandal scrutiny of Wells Fargo’s culture has so far focused on the high-pressure sales environment that drove employees to create as many as two million fake accounts. of deposit accounts could be fraudulent. It represents a governance breakdown of the highest order for executives and board members.

Banking 14

Banking Sales Sales Accounts 14

Harvard Business Review

SEPTEMBER 29, 2014

That may includes GE jet engines, wind turbines, and MRI machines; Apple’s MacBooks; Amazon’s ecommerce systems; JPMorgan Chase’s accounts; Nest thermostats, and even your DVR. The good news is that companies, open source communities, and government organizations are rushing to fix the problem and solutions have already been posted.

eCommerce 9

eCommerce Software Government Risk Management 9

Harvard Business Review

MARCH 1, 2017

Once a transaction is entered in the database and the accounts are updated, the records cannot be altered, because they’re linked to every transaction record that came before them (hence the term “chain”). Users can choose to remain anonymous or provide proof of their identity to others. Irreversibility of Records.

Banking 15

Banking Insurance Assets Government 15

Harvard Business Review

MAY 15, 2013

Their performance on social and governance issues. Not surprisingly, as Jean Rogers, the Executive Director of the Sustainability Accounting Standards Board (SASB), points out in a Greenbiz blog , "It''s no surprise that banks and financial sectors are the institutions least trusted by U.S.

Banking 8

Banking Insurance Energy Government 8

Harvard Business Review

JUNE 14, 2013

Governments are not the only ones eager to punish violators. The effect of a punitive privacy class action lawsuit can be far worse than a government fine. For the past eight years, Retire-IT has been tracking how effective security-conscious organizations are when it comes to accounting for retired assets. billion in damages.

Assets 9

Assets Risk Management Banking Transportation 9

Harvard Business Review

JULY 24, 2013

But be aware, when there are numerous enterprise goals spanning multiple geographies and business units, the coordination approach can lead to a spaghetti-like set of governance committees and processes. These enterprises have decentralized management and diversified businesses.

Assets 12

Assets Compliance Operations Banking 12