Walk Me

OCTOBER 11, 2022

Talent management systems contained within HCM software exist to support companies in managing leadership development, performance, and compensation management. Companies often utilize talent management automation to speed up operations. Efficient recruitment and low turnover. Compliance support.

Software 52

Software Manager Workflows Onboarding 52

Harvard Business Review

MARCH 5, 2012

For this same reason, even "orthodox" businesses like banks that are not local outlets of multinationals maintain a wide array of subsidiaries that, considering their size (until recently, many such banks had a capitalization lower than $40 million), seems baffling.

Banking 20

Banking Small Business Risk Management Inclusion 20

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Start-ups are particularly at risk today because of both their size and age. Others were unable to borrow to replace lost assets and address other operating needs, compromising their earnings potential.

Insurance 13

Insurance Risk Management Small Business Cash Flow 13

Harvard Business Review

SEPTEMBER 14, 2018

Ever since the forced bankruptcy of the investment bank Lehman Brothers triggered the financial crisis 10 years ago, regulators, risk managers, and central bankers around the globe have focused on shoring up banks’ ability to withstand financial shocks. Peter Dazeley/Getty Images.

Banking 14

Banking Assets Risk Management Accounts 14

Harvard Business Review

OCTOBER 3, 2013

Many other major financial institutions — Bank of America , Citigroup, HSBC, Barclay’s, Wells Fargo, UBS, etc. But, at the end of the day, it is bank leaders and employees who must take the right business, legal and ethical actions under existing law. JP Morgan is the biggest of them all with $2.3 trillion in assets ,$1.1

Banking 8

Banking Manager Risk Management Compliance 8

Harvard Business Review

MARCH 22, 2018

My perspective and approach to misconduct risk are influenced by my work as a bank supervisor, and by my background and training as an economist. In my view, bank supervision must include attention to the culture at financial firms, not just to their financial safety and soundness. Adverse selection.

Banking 15

Banking Risk Management Marketing Government 15

Harvard Business Review

MARCH 5, 2012

You can make customers provide more rigorous authentication before they make a transaction, or have managers limit distribution of sensitive plans. Almost all companies have to share sensitive data with vendors and channel partners to operate modern supply chains smoothly.

Risk Management 15

Risk Management Banking Onboarding Media 15

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.

Risk Management 10

Risk Management Banking Compensation Accounts 10

Harvard Business Review

MARCH 12, 2013

The key is not to take an "Oh no, the sky is falling" approach, but to factor it into their consideration of risk. It means understanding how valuable your information is: the IP that makes them unique, the operational data they rely on every day, the information that may be entrusted to them by their employees or business partners.

Government 22

Government Operations Banking Small Business 22

Harvard Business Review

OCTOBER 1, 2013

That comes after a nearly $1 billion deal just a few days ago to end civil investigations into several matters including the bank’s multi-billion-dollar “ London Whale ” trading loss. Then there are the two former bank employees that authorities have been trying to arrest ( one successfully ) for their roles in the London Whale events.

Compensation 13

Compensation Banking Risk Management Accounts 13

Harvard Business Review

MARCH 1, 2017

Money, equities, bonds, titles, deeds, contracts, and virtually all other kinds of assets can be moved and stored securely, privately, and from peer to peer, because trust is established not by powerful intermediaries like banks and governments, but by network consensus, cryptography, collaboration, and clever code. Insight Center.

Banking 15

Banking Insurance Assets Government 15

Harvard Business Review

MAY 20, 2013

It''s a lawyerly, exhaustive, exhausting rundown of all the things that could possibly weigh on the earnings of a giant global bank, from regulatory changes to loans going bad to a liquidity crisis to the possibility that "one or more of its employees causes a significant operational breakdown or failure."

Banking 11

Banking Succession Planning Operations Insurance 11

Harvard Business Review

OCTOBER 10, 2017

In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. We made a number of operational changes to the call center.

Metrics 15

Metrics Engineering Risk Management Sales 15

Harvard Business Review

SEPTEMBER 16, 2016

In the same way that banks must constantly balance assets and liabilities, data-laden firms need to move from cyber-defense and fire-fighting toward more proactive management of what could prove to be their most important asset. This means determining not only what EvD means today, but what it will mean for the firm in the future.

Balance Sheet 13

Balance Sheet Assets Insurance Operations 13

Harvard Business Review

DECEMBER 14, 2018

When a bank suffers a physical robbery, we do not think of blaming and shaming it – even though there is almost always some additional precaution the bank could have taken that might have helped prevent the attack (such as a police officer stationed at every teller window or limiting customer access to tellers).

Government 14

Government Banking Operations Software 14

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

FEBRUARY 8, 2016

Computers wouldn’t just speed up processes or automate certain tasks — they could upset nearly all business processes and allow executives to rethink operations from the ground up. Predictive powers gained by machine-reengineering are fundamentally improving the safety of operations. Now it’s happening again.

Revenue 14

Revenue Engineering Operations Process Improvement 14

Harvard Business Review

AUGUST 9, 2018

Many banks and large corporations employ artificial intelligence to detect and prevent fraud and money laundering. 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.

Benefits 8

Benefits Banking Risk Management Real Estate 8

Harvard Business Review

JUNE 8, 2016

Operations in a Connected World. For example, if some players within a team are inclined to be risk averse (say corporate risk managers) and others are not (an innovation group), incorporating the risk managers’ input will produce more innovative and viable ideas than if the group had not had to synthesize opposing viewpoints.

Diversity 12

Diversity Risk Management Marketing Banking 12

Harvard Business Review

MAY 26, 2017

Their operations involve partnerships, specializations, and supply chains. Rather than thinking of a clandestine hacker working out of a basement, you will be better served to picture a sophisticated, professional operation working out of an office tower. Integrate email security into your organization’s risk management program.

Accounts Payable 12

Accounts Payable Hospitality Risk Management Operations 12

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.

Assets 12

Assets Compliance Operations Banking 12

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. The result is a "heads the bank wins, tails society loses" set of outcomes. Don''t get us wrong.

Banking 8

Banking Insurance Energy Government 8

Harvard Business Review

OCTOBER 5, 2016

The good news is that our understanding of why cyber risk forecasts keep falling short is improving. The main culprit is that companies quantify cyber risks the same way they do other operational risks — focusing narrowly on potential direct revenue losses.

Revenue 12

Revenue Insurance Banking Operations 12

Harvard Business Review

JUNE 29, 2016

The Bank of England will likely lower policy rates, or even adopt negative interest rates. The key questions are about the impact on your firm’s business model, operating model, EU institutional arrangements and financial structures, and performance. FTSE250) were indeed recorded in the first two sessions after the vote.

Risk Management 13

Risk Management Assets Banking Marketing 13

Harvard Business Review

JULY 15, 2014

Google’s operation stands out for its scale. They get operational information about the services they own — such as speed and errors — on a real-time dashboard, and they get customer questions and complaints. Operations Product development Risk management'

Software 9

Software A/B Testing Scaling Operations 9

Harvard Business Review

DECEMBER 4, 2017

And that’s not just social media accounts; it’s bank accounts, retailer gift card accounts with cash and credit cards attached, airline loyalty accounts with years of accumulated frequent flyer points, and other accounts with real value. Over three billion credentials were reported stolen last year.

ROI 12

ROI Accounts Banking Education 12

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 23, 2016

Boards of companies operating in the consumer discretionary industry have a disproportionately high representation of Democrats, while boards operating in the industrials and energy and utilities industries skew more Republican. Meanwhile, Democrats place greater importance on technology expertise and risk management.

Telecommunications 12

Telecommunications Diversity Real Estate Compensation 12

Harvard Business Review

OCTOBER 29, 2014

All three states hardest hit by Sandy – Connecticut, New Jersey, and New York – have established some form of “green bank” to make energy and water infrastructure more resilient. Risk management Sustainability' We have made progress in the two years since Sandy’s wake-up call.

Risk Management 9

Risk Management Energy Banking Government 9

Harvard Business Review

NOVEMBER 22, 2016

How Banks Are Capitalizing on a New Wave of Big Data and Analytics. Improved operational efficiency: AI-based needs analysis systems allow insurers to not only improve their probability of lead-to-quote conversion but also re­duce turnaround time conversions. Assess readiness. Start small.

Insurance 8

Insurance Revenue Workflows Operations 8

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

DECEMBER 26, 2017

customers, competitors, suppliers, employees, regulators, partners, and so on) occur at the level of the operating unit, and if these interfaces are genuinely different between operating units, it makes sense to locate the corresponding tasks (e.g., If the sources of these opportunities and threats (e.g., Avoiding duplication.

Operations 8

Operations Scaling Compliance Benefits 8

Harvard Business Review

DECEMBER 28, 2017

Moreover, having regularly defaulted on its debts, few international institutions are willing to lend to the government, forcing it to rely on poorly capitalized local banks. Manangagwa, even though more pragmatic than Mugabe, has nevertheless worked with Mugabe for years and is operating within a largely similar political system.

Banking 8

Banking Government Marketing Telecommunications 8

Harvard Business Review

NOVEMBER 5, 2012

The board's duty is to ensure a balance between wealth creation, financial discipline and risk management; to make the fusion of high performance with high integrity the firm's foundation; and to choose and reward a CEO who has the vision, motivation and skills to effect that essential balance and critical fusion.

Government 9

Government Accounts Risk Management Assets 9

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 12

Revenue Banking Compliance Manager 12

Harvard Business Review

OCTOBER 22, 2013

The big banks had well-intentioned formal processes for risk management, but no one was really, genuinely accountable for the risks they took. And the result, as with my unpaid invoice, was that the outside world ended up owning the problem (risk) and its consequences (financial meltdown).

Accounts 9

Accounts Banking Risk Management Small Business 9