Harvard Business Review

OCTOBER 19, 2012

Yes, Goldman needs to be held accountable for his tweet. But it's one thing to hold a journalist (or any employee) accountable for what they post about their work (or in conversation with a customer). But that kind of risk management comes at too high a price.

Risk Management 10

Risk Management Media Manager Accounts 10

Liquid Planner Productivity

OCTOBER 12, 2022

Smartsheet ClickUp LiquidPlanner Real-time Reporting Customizable Dashboards Open API Agile Dashboards Risk Management . Time Management Time management is another essential feature for a robust project management platform. There are two primary components to time management: time tracking and estimation.

Workflows 52

Workflows Project Management Software Engineering 52

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. It's our own sales data, Dan. You know that.

Risk Management 13

Risk Management Insurance Banking Accounts 13

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. The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely.

Banking 14

Banking Sales Sales Accounts 14

Harvard Business Review

AUGUST 5, 2015

So any effective sales model must adapt to changing buying protocols, not ignore or resist them. This is a big transition for firms whose marketing, sales-training and enablement tools, and wider organizational processes reflect outdated assumptions about purchasing in their markets. The sales force is more important than ever.

B2B 15

B2B Sales Sales Sales Funnel 15

Harvard Business Review

MARCH 21, 2013

The company's Twitter account had been hacked — its name changed to McDonalds and its background replaced with an image of Fish McBites. At the helm of HootSuite, a social media management tool for companies, I've learned that common sense, a little training and the right technology go a long way. On Monday, Feb.

Media 18

Media Accounts Education Workflows 18

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. those without bank accounts), by adopting the more dynamic “customer life cycle” view. The risk function can do the same.

Risk Management 14

Risk Management Cash Flow Marketing Telecommunications 14

Harvard Business Review

MAY 1, 2012

After I was quoted late last year in an article on the 10th anniversary of the Enron debacle , Fastow contacted me and offered to speak to the Financial Statement Accounting class I teach at Tufts University's Fletcher School of Law and Diplomacy. First, the rules provide managers with discretion to be misleading. They are enablers.

Balance Sheet 15

Balance Sheet Assets Banking Accounts 15

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. It’s not surprising.

Balance Sheet 14

Balance Sheet Benchmarking Strategic Planning Government 14

Harvard Business Review

OCTOBER 1, 2013

million from $23 million, after the London Whale loss (even as they cut his pay, the board praised Dimon for responding “forcefully” to the trading loss, presiding over an overhaul of the bank’s risk management, and getting rid of the responsible executives). Compensation Finance Organizational culture'

Compensation 13

Compensation Banking Risk Management Accounts 13

Harvard Business Review

JULY 31, 2013

This is the new frontier for reputation risk management. On average, buyers progress nearly 60% of the way through their purchase decision-making process before engaging with a sales representative, according to Corporate Executive Board (link is PDF). If you don''t tell your story, others will tell it for you.

Media 14

Media Banking Risk Management Small Business 14

Harvard Business Review

AUGUST 23, 2012

In March, after a promising meeting of the board, Morphis blasted out this seemingly harmless tweet from his private account, @TheOldCFO : "Board meeting. Employees, particularly those in the sales and marketing functions, need to know the rules of the road," Langford says. Good numbers=Happy Board." This isn't just lip service.

Compliance 17

Compliance Media Banking Accounts 17

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. sales, marketing, manufacturing, intellectual property—in all business units in all geographies. Compliance.

Compliance 12

Compliance Risk Management Government Implementation 12

Harvard Business Review

JANUARY 27, 2017

But without clear lines of authority and accountability, dual empowerment guarantees perpetual conflict between human and artificial intelligence. Executives who wouldn’t hesitate to automate a factory now flinch at the prospect of deep-learning algorithms dictating their sales strategies and capex. The Autonomous Outsourcer.

Software 13

Software Deliverables KPI Accounts 13

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. to eight global offices, dispersed across multiple time zones.

Administration 15

Administration Real Estate Transportation Sales 15

Harvard Business Review

SEPTEMBER 14, 2017

When weather conditions are on average adverse over days, weeks, or entire seasons, shortfalls in sales cause reduced cash flows and can lead to financial distress and business failure. last year triggered shortfalls in sales, store closures, and job cuts. And, perhaps unsurprisingly, the risks vary considerably between industries.

Cash Flow 8

Cash Flow Risk Management Sales Sales 8

Harvard Business Review

JUNE 1, 2012

If there is a liberal interpretation of an accounting principle, they will always take the conservative route. To understand the impact top managers have on ethics and honesty, we looked at the data we'd collected from 5,268 leaders in five different organizations.

Manager 19

Manager Sales Sales Accounts 19

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

MARCH 21, 2013

The company's Twitter account had been hacked — its name changed to McDonalds and its background replaced with an image of Fish McBites. At the helm of HootSuite, a social media management tool for companies, I've learned that common sense, a little training and the right technology go a long way. On Monday, Feb.

Media 11

Media Accounts Education Workflows 11

Harvard Business Review

FEBRUARY 29, 2016

However, their views were not taken into account in the decision to launch the shuttle. Other priorities, such as launching new products, increasing sales, or cutting costs, come to the fore. In 1986, the space shuttle Challenger exploded – and by now, we all know the story. Employees leave the company.

Sales 15

Sales Sales Scaling Manager 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. Yes, there needs to be other forms of accountability; yes, there needs to be additional checks and balances.

Government 8

Government Accounts Risk Management Assets 8

Harvard Business Review

MAY 3, 2016

Christine’s Gmail account had been hacked and we had been conned by a pro. I interviewed Sara, Steve, and Nicole for my book, Even the Odds: Sensible Risk Taking in Business, Investing, and Life. The reputational risk to our firm was very high. ” Nicole realized with horror that she had been duped.

Real Estate 12

Real Estate Accounts Assets Revenue 12

Harvard Business Review

AUGUST 12, 2014

An embargo on new arms sales and restrictions on so-called dual-use technologies were imposed. Much has already been made in newspaper accounts of the successful reorientation of Dutch and German pork exports earlier this year in response to an (unrelated) Russian import ban. Global business Politics Risk management'

Banking 9

Banking Energy Risk Management Advertising 9

Harvard Business Review

JUNE 8, 2012

Because it takes time to repay loans, the economy runs the risk that short-term savers may panic and demand withdrawals en masse—when real estate prices fall 30%, for example. In a panic, when sellers vastly outnumber buyers, asset values sink to fire sale prices.

Real Estate 15

Real Estate Banking Government Assets 15

Harvard Business Review

DECEMBER 20, 2013

Now six years later, an actual event has occurred that is eerily similar to that fictional scenario: a trusted retailer’s point-of-sale system security was breached and a large amount of customer data may be compromised. In the current situation, the retailer is much larger as is the number of accounts affected. Are you ready?

Media 9

Media Risk Management Compliance Assets 9

Harvard Business Review

JANUARY 20, 2014

Three years ago there was a lot of hype around how people were going to start utilizing their smartphones as a payment method—you’d tap your phone at the point of sale to make a payment. We have over 1 million Bluebird accounts, and over $1 billion has been loaded onto this product. It’s important to understand the context.

Software 9

Software Assets Banking Human Resources 9

Harvard Business Review

DECEMBER 2, 2016

And this doesn’t even account for the cases of disgruntled insiders up to no good who might intentionally help your secrets escape. And this factor is likely to loom even larger in the future because many of the benefits of new technologies increase as more people join in. What does the new reality mean for business?

Assets 13

Assets Operations Engineering Media 13

Harvard Business Review

DECEMBER 5, 2017

About this forecast To create this forecast, the Stevens team conducted a dynamic forecasting computer-based simulation, which considered consumer purchasing behavior, insurance revenue calculation, automobile market sales, and new insurance sub-categories.

Insurance 14

Insurance Revenue Software Government 14

Harvard Business Review

JULY 10, 2018

They should then segment suppliers based on which ones need access to which parts of the purchasing firm’s back-office systems (for example, warehouse management, inventory, or point of sale). Hold supply managers accountable.

Manager 8

Manager Metrics Sales Sales 8

Harvard Business Review

APRIL 26, 2017

Organizations that take cyber security seriously should implement best practices that will help reduce the disconnects and ensure effective cyber risk management. For example, customer details including login credentials and account information is often for sale on the dark web.

Implementation 8

Implementation Assets Risk Management Operations 8

Harvard Business Review

JUNE 8, 2012

Because it takes time to repay loans, the economy runs the risk that short-term savers may panic and demand withdrawals en masse—when real estate prices fall 30%, for example. In a panic, when sellers vastly outnumber buyers, asset values sink to fire sale prices.

Real Estate 10

Real Estate Banking Government Assets 10

Harvard Business Review

JUNE 15, 2016

Number one: If you are doing local sourcing, you have to bake into your cost structure a higher percentage of sales allowance for food safety and ingredient testing than if you are sourcing nationally from a few big suppliers. For example, look at the palm oil industry.

Operations 14

Operations Sales Sales Accounts 14

Harvard Business Review

DECEMBER 26, 2017

sales, procurement, recruiting, regulatory affairs) and the accountability for proper execution at that level. If the sources of these opportunities and threats (e.g., For example, there is quite a difference between dealing with a regulator, say, in India and one in Indonesia. ” 3.

Operations 8

Operations Scaling Compliance Benefits 8

Harvard Business Review

JANUARY 12, 2018

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. Just like individual investors, most corporations could probably use some help in making wise investment decisions.

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

Vantage Circle

JANUARY 9, 2024

Platform Accessibility: Self-Service Portals : This enables employees to access and update their personal information, view pay stubs, and manage benefits. Mobile Accessibility : Provides mobile access to essential HR functions, allowing employees and managers to perform tasks on the go.

Software 64

Software Compliance Onboarding Administration 64

Harvard Business Review

OCTOBER 25, 2011

PG&E could still have conducted intelligent risk management in the interest of its own shareholders. • This plays out daily in product failures, supply chain disruptions, frauds, missed sales forecasts and more. Buck-Passing Risk" can be measured in two ways. Regulators didn't require them.

Risk Management 13

Risk Management Manager Metrics Transportation 13