Harvard Business Review

MAY 16, 2017

As cyber threats grow exponentially, comprehensive risk management is now a board-level priority. Indeed, the iconic investor Warren Buffett highlighted cyber risk as one of the gravest concerns facing humanity during Berkshire Hathaway’s annual meeting. When we say all employees have to be risk agile, we mean all.

Risk Management 14

Risk Management Banking Software Scaling 14

Harvard Business Review

OCTOBER 6, 2016

Former employees have alleged a “soul-crushing” culture of fear and daily intimidation by managers, where they were pressured to reach extreme sales goals, some by breaking the law. 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

MAY 31, 2012

boss, Ina Drew , the former head of their unit in of the bank's, the Chief Investment Office (CIO); and CEO Jamie Dimon, to whom the CIO reported who oversaw the CIO. Drew quickly retired after the losses, and Iksil and Macris are, according to news reports, leaving the bank. Its purpose: to remedy unfair windfalls.

Risk Management 9

Risk Management Banking Compensation Accounts 9

Harvard Business Review

SEPTEMBER 21, 2018

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation.

Telecommunications 14

Telecommunications Real Estate Compliance Energy 14

Harvard Business Review

JULY 24, 2013

At Boeing, all enterprise technology (including digital) investments are managed by the CTO, which enables significant synergies. For Commonwealth Bank of Australia, convergence involved bringing together operations and IT into a new unit, Enterprise Services (ES), headed by the CIO. Separate Digital Innovation Stacks.

Assets 12

Assets Compliance Operations Banking 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

JULY 16, 2013

The industry with the greatest skills gap was IT & telecommunications, whose boards are in serious need of international-global expertise and HR-talent management. The region with the greatest board-level skills gap is Asia, where risk management and M&A adeptness are sorely needed.

Telecommunications 10

Telecommunications Real Estate Risk Management Succession Planning 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. ’s largest banks? What explains the divergence in the fortunes of two of the U.S.’s

Banking 8

Banking Compliance Cash Flow Biotech 8

Harvard Business Review

FEBRUARY 3, 2014

The bank earned about $18 billion, down from $21 billion the year before. He criticized the bank and himself for the Whale. They arose in different parts of the bank, not just one dysfunctional unit. They have seriously corroded the bank’s reputation with regulators, a number of investors, and the public.

Accounts 8

Accounts Banking Compensation Compliance 8

Harvard Business Review

DECEMBER 8, 2016

They’d met at university, and although Derek had gone on to graduate school and a career in banking, while Rogier had joined his family construction business and then founded Contect, they’d never lost touch. ” “Just don’t forget we’re in construction, not banking, Derek. The two men went way back.

Revenue 11

Revenue Banking Compliance Manager 11

Vantage Circle

JANUARY 9, 2024

Mobile Accessibility : Provides mobile access to essential HR functions, allowing employees and managers to perform tasks on the go. Compliance and Risk Management: Compliance Tracking : Ensures adherence to labor laws and regulations. Paycor is a must have software.

Software 64

Software Compliance Onboarding Administration 64

Harvard Business Review

DECEMBER 26, 2017

Reliability through compliance. For example, there is quite a difference between dealing with a regulator, say, in India and one in Indonesia. Decentralization allows immediacy in time and place, hence responsiveness. For some tasks there is not even a choice: they must be done by law or statute by a central independent unit. ” 3.

Operations 8

Operations Scaling Compliance Benefits 8

AIHR

SEPTEMBER 20, 2021

A Chief Human Resources Officer will usually manage or oversee the following employees: HR managers Talent managers Employee relations managers Records managers Benefits managers Training managers Compliance advisors. An example of this in practice is at BBVA —a US banking franchise.

Human Resources 105

Human Resources Inclusion Diversity Operations 105

Harvard Business Review

JUNE 26, 2015

Those annoying folks who drone on about compliance and procedure? Michael Power of the London School of Economics describes the resulting explosion of bureaucracy as “the risk management of everything.” A few months ago I opened a new account at a well-known UK bank at a brick-and-mortar branch.

Banking 15

Banking Compliance Operations Hospitality 15

Harvard Business Review

APRIL 24, 2014

A World Bank study tells us that the cost of land in Dhaka, where hundreds of thousands of garment workers live, is comparable to suburban New York. BSR also recently published a study with auditing firm UL to explore integration of personal well-being issues into traditional social compliance audits. Levi Strauss & Co.,

Government 10

Government Risk Management Operations Compliance 10

Harvard Business Review

JUNE 18, 2013

Cybersecurity isn''t just about compliance with laws and regulation — it''s about guarding businesses from the increasing dangers of persistent threats. Critical industry sectors from energy and banking to transportation and health care answer to different government agencies or regulators. Certainly, the environment is complex.

Government 9

Government Risk Management Telecommunications Assets 9

Harvard Business Review

FEBRUARY 22, 2017

banking & financial services, insurance, real estate); Healthcare (e.g., banking & financial services, insurance, real estate); Healthcare (e.g., Most boards have robust processes for addressing their most pressing responsibilities, such as financial planning and compliance. Inadequate processes.

Telecommunications 8

Telecommunications Real Estate Risk Management Compliance 8

Peter Winick

NOVEMBER 25, 2024

Rajeev Peshawaria Well, you know, I started out as a banker and after a few years in in mainland banking, I was a currency trader back in the mid-18th century. But most companies and most people see ESG or environmental and social issues as either a cost problem or a compliance headache or a risk management framework.

Compliance 221

Compliance Talent Development Education Risk Management 221

AIHR

MARCH 28, 2025

Engagement surveys The engagement survey is sometimes part of the employee survey data bank we mentioned. Government and compliance databases Agencies such as the EEOC, OSHA, and IRS publish data on employment law, safety, benefits, and workforce trends. These reports help contextualize internal data and guide strategic planning.

Human Resource Information Systems (HRIS) 96

Human Resource Information Systems (HRIS) Compliance Benchmarking Recruitment 96

Harvard Business Review

JULY 13, 2017

Risk taking by big U.S. banks exploded in the years leading up to the 2008 financial crisis, with disastrous consequences for American firms, markets, and households. But why did banks get in so deep with derivatives, particularly after Washington tried to crack down on risk with new laws and regulations in the early 2000s?

Banking 8

Banking Risk Management Real Estate Compliance 8

AIHR

NOVEMBER 1, 2024

In this article, we share the AIHR Risk Framework, exploring its parts and providing guidance on implementation through practical examples. DOWNLOAD THE FRAMEWORK Why is an AI risk framework needed? A clear risk management process supports the framework, helping manage different risks across various levels.

Compliance 52

Compliance Risk Management Government Implementation 52