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. Among his plans are an intuitive claims process for supplemental health insurance products like short-term disability.

Digital Transformation 52

Digital Transformation Insurance Benefits Risk Management 52

Harvard Business Review

DECEMBER 5, 2017

There is little doubt that the widespread adoption of autonomous vehicles will have a huge impact on the automobile insurance industry. Since insuring privately owned vehicles is what the auto insurance industry has been all about, insurers have every reason to be concerned about their future growth and profitability.

Insurance 14

Insurance Revenue Software Government 14

Zenefits

MAY 9, 2023

Assess which of the following fall into which category: Payroll processing and administration Benefits administration and health insurance Human resources consulting Cybersecurity and risk management Technology services Employee training Talent acquisition This is just a partial list of the ways you can outsource HR and related tasks.

Small Business 52

Small Business Administration ROI Human Resources 52

Harvard Business Review

AUGUST 28, 2017

It might seem, then, that private insurance can be of little help in addressing climate change. There’s concern that for-profit insurers won’t want to insure risky properties, and that individuals won’t have the wherewithal to buy insurance plans in the first place. Dating back to at least F.

Insurance 14

Insurance Real Estate Government Scaling 14

Harvard Business Review

MAY 29, 2012

The answer is found in a sound risk management program that trains, equips, monitors, measures and rewards people for avoiding mistakes and making good decisions. Then, you have to be visible and consistent in holding managers accountable. MORE ON MANAGING RISKY BEHAVIORS. Managing Risks Means Managing Arguments.

Risk Management 14

Risk Management Insurance Operations Compensation 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. Data from the U.S. In the U.S.,

Insurance 13

Insurance Risk Management Small Business Cash Flow 13

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 13

Risk Management Insurance Banking Accounts 13

Harvard Business Review

SEPTEMBER 16, 2016

Failure to accurately quantify the enterprise value of data (EvD) may therefore woefully undervalue the importance of cyber-security investments, as well as the face values typically applied to cyber insurance policies. Definitions for what constitutes EvD, and methodologies to calculate its value, remain in their infancy.

Balance Sheet 13

Balance Sheet Assets Insurance Operations 13

Harvard Business Review

OCTOBER 12, 2015

Bundled-payment efforts in both countries shift accountability to a single provider-led entity that must ensure quality, thereby emphasizing value over volume of care. In 2007, the Netherlands initiated a bundled-payment model for type 2 diabetes care and, subsequently, for chronic obstructive pulmonary disease and vascular-risk management.

Insurance 13

Insurance Hospitality Benchmarking Accounts 13

Harvard Business Review

NOVEMBER 9, 2012

In an uncertain and volatile world, risk management — a previously unsexy subject for many managers who created annual updates or reviews of their company's risk management plans — is now a front-burner issue for many. Furthermore, that cost can take two forms: accounting and economic.

Risk Management 10

Risk Management Manager Insurance Operations 10

Walk Me

OCTOBER 11, 2022

Human capital management deals with workforce management, talent acquisition, performance management, and other company-wide HR processes to increase human capital ROI. ERP software manages all non-human resources, such as supply chain management, procurement, accounting, and risk management.

Software 52

Software Manager Workflows Onboarding 52

Harvard Business Review

FEBRUARY 7, 2013

Munich Re reports that natural disasters in 2011 caused insurance companies to substantially spend down cash reserves, with payouts exceeding premiums in the US by 16%. Insurance aside, storms (and other severe weather) can have immediate impacts on corporate bottom lines, as well as longer-term impacts on reputational value.

Insurance 11

Insurance Benchmarking Government Banking 11

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

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

DECEMBER 19, 2016

The other is population-based “global” or “capitated” payments” such as accountable care organizations in which a provider is paid a fixed amount to cover all of a patient’s health needs for a specified period of time. As payers and providers in the U.S.

Hospitality 13

Hospitality Benchmarking Accounts Insurance 13

Harvard Business Review

MARCH 20, 2015

Young management accountants today are supposed to acquire competencies in a dizzying array of topics, such as advanced presentation skills, Six Sigma, quantitative methods, and even leadership. Is it surprising that management thinks there is a skills gap in management accounting ?

Hospitality 14

Hospitality Retention Education Compliance 14

Harvard Business Review

NOVEMBER 12, 2018

Meanwhile, a number of business organizations have created their own sustainability measures, including the Sustainability Accounting Standards Board, Sustainalytics, Bloomberg, and MSCI. Compensation committees often start by tying bonuses and long-term incentives to goals related to compliance and risk management.

Compensation 14

Compensation Metrics Revenue Energy 14

Harvard Business Review

SEPTEMBER 13, 2016

What’s more, according to a recent survey conducted for BAE Systems of 300 managers in the financial services, insurance, and IT/tech industries in the U.S., Senior executives must understand what procedures are in place and ensure that everyone in the organization understands protocol and takes accountability.

Insurance 14

Insurance Accounts Scaling Education 14

Harvard Business Review

JUNE 1, 2017

If that doesn’t work, they can use the stolen information for traditional identity theft, since medical information tends to include enough information to allow a criminal to open a credit card, bank account, or loan in the victim’s name. Purchase insurance. Related Video. The average breach costs around $4 million.

Insurance 8

Insurance Risk Management Accounts Hospitality 8

Harvard Business Review

MAY 15, 2013

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. Don''t get us wrong. Trust reached an all-time low of 24 percent in 2011, down from 69 percent in 2008.".

Banking 8

Banking Insurance Energy Government 8

Harvard Business Review

OCTOBER 5, 2016

But this approach doesn’t help managers understand if they have a $10 million problem or a $100 million one, let alone whether they should invest in malware defenses or email protection. No institution has the resources to completely eliminate cyber risks. But assumptions differ greatly depending on a business and its customers.

Revenue 12

Revenue Insurance Banking Operations 12

Harvard Business Review

MARCH 14, 2011

But we have to take the recent events into account. In a couple of reports, " Four Nuclear Myths ," and " Nuclear Power: Competitive Economics and Climate Protection Potential ," Lovins tackles the economics of building and insuring nukes, among other things. For obvious reasons, nuclear is being questioned again.

Energy 17

Energy Transportation Variable Costs Insurance 17

Harvard Business Review

MAY 16, 2017

Collaborated with University Facilities, Safety & Risk, Risk Manager; ServPro; and Insurance Adjuster to plan and execute clean-up and equipment replacement. Establish functions from scratch — Finance, Accounting, Marketing, Sales, and HR.

Administration 15

Administration Real Estate Transportation Sales 15

Harvard Business Review

JUNE 8, 2012

Were the government to do this—chiefly, by making explicit rather than implicit guarantees—it could take steps to reduce the heightened risk of moral hazard (where risk takers are encouraged to take excessive risks by capturing gains while avoiding some of the losses).

Real Estate 15

Real Estate Banking Government Assets 15

Harvard Business Review

JANUARY 3, 2018

Projects that involve complex technical work must be tracked and coordinated across departments; budgets must be accounted for; and costs must be kept in line. For example, on one film set, Don, the production manager of a shoot in New York City, heard that a principal actor had the flu and his handlers wanted to take him to the doctor.

Administration 8

Administration Engineering Insurance Accounts 8

Harvard Business Review

MAY 20, 2013

What''s missing, though, is something like this: CEO Risk: Much of JPMorgan Chase''s excellent performance relative to its peers in recent years can be attributed to its Chairman and CEO, who has proved to be a uniquely valuable combination of careful risk manager and hard-driving business leader.

Banking 11

Banking Succession Planning Operations Insurance 11

Harvard Business Review

JUNE 8, 2012

Were the government to do this—chiefly, by making explicit rather than implicit guarantees—it could take steps to reduce the heightened risk of moral hazard (where risk takers are encouraged to take excessive risks by capturing gains while avoiding some of the losses).

Real Estate 10

Real Estate Banking Government Assets 10

Harvard Business Review

AUGUST 24, 2017

A nearly $150 million settlement is pending for the fake-account scandal that roiled the bank last year, and a new scandal has emerged: Recently it has been alleged that thousands of customers were signed up for insurance without their knowledge. Lawyers were much less aggressive in accrual accounting relative to industry levels.

Banking 8

Banking Compliance Cash Flow Biotech 8

Harvard Business Review

JANUARY 12, 2018

By almost all accounts, companies at the digital frontier such as Google, Facebook, and Microsoft are investing vast amounts in AI—somewhere between $20 billion and $30 billion alone in 2016. Just like individual investors, most corporations could probably use some help in making wise investment decisions. Deliver behavioral coaching.

Assets 8

Assets Marketing Operations Benefits 8

AIHR

SEPTEMBER 20, 2021

At Marsh —an insurance brokerage and risk management company—CEO Peter Zaffino regularly has joint discussions with his CFO and CHRO, which helps to ensure the organization aligns with desired business goals. Drive upskilling initiatives. This meant they were able to target their focus on those branches.

Human Resources 105

Human Resources Inclusion Diversity Operations 105

Walk Me

AUGUST 18, 2022

Whether this is your first job in the role or you’re already a seasoned professional, the gap between the vision and the reality of being a healthcare manager can make the first year a real challenge. Accountability becomes a more expansive part of healthcare management every year. Financial risk management.

Manager 52

Manager Hospitality Insurance Operations 52

Vantage Circle

JANUARY 9, 2024

Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation. Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks.

Software 64

Software Compliance Onboarding Administration 64

Harvard Business Review

DECEMBER 31, 2012

But one key factor is the legal requirement to have auto insurance if you drive a car (vs. Requiring gun insurance is the second opportunity. Again, cars provide a useful analogy: if you drive, you are required by law to have insurance to protect yourself, your car, and anyone else directly affected by an accident.

Insurance 11

Insurance Government Revenue Transportation 11

Harvard Business Review

FEBRUARY 22, 2017

banking & financial services, insurance, real estate); Healthcare (e.g., ” Boards can hold executive management accountable for evaluating current cybersecurity risks and maintaining response plans by making cybersecurity debriefings a regular agenda item at board meetings.

Telecommunications 8

Telecommunications Real Estate Risk Management Compliance 8

Harvard Business Review

NOVEMBER 23, 2010

Savage is the author of The Flaw of Averages (Wiley, 2009) and of an HBR article with the same title , chairman of Vector Economics , Inc (VectorEconomics.com), an adjunct faculty member at Stanford and Cambridge, and a frequent lecturer on risk modeling.

Telecommunications 16

Telecommunications Media Insurance Education 16

AIHR

JANUARY 26, 2024

Risk management: JSAs are integral to an organization’s risk management strategy. They help identify risks before accidents occur, allowing for the implementation of preventative measures to save the organization from costly incidents, legal action, and reputation loss.

Compliance 96

Compliance Implementation Risk Management Administration 96

Get Lighthouse

FEBRUARY 18, 2025

Finance & Accounting Bookkeeping, CFO-level insights, and tax support to keep your financials in check and investor-ready at all times. No more scrambling to get your numbers together for your accountant each tax season or for investor diligence.

Compliance 52

Compliance Onboarding Performance Review SaaS 52