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Preparing For The Big One

Chief Executive

An Effective Response Against this backdrop, CFOs need to become more involved in their company’s cybersecurity and related risk management and insurance processes. We then engage in a very intentional discussion about the risk and what we’re willing to invest in mitigating it.”

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If Data Is Money, Why Don’t Businesses Keep It Secure?

Harvard Business Review

Telecommunications company Telefonica is currently developing a “ Data Locker ” scheme that allows users to see their own data, including the social networks of those they talk to and text with. As with their money, the key with personal data is for businesses to manage it wisely. Data Security & privacy Risk management'

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

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.

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How CMOs and CROs Can Be Allies

Harvard Business Review

But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. The CMO of a telecommunications company, for instance, found the biggest spike in churn came when customers moved. The risk function can do the same. Marketing Risk management Collaboration'

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Joining Boards: It's Not Just Who You Know That Matters

Harvard Business Review

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.

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Talent Management: Boards Give Their Companies an "F"

Harvard Business Review

Not innovation, risk management, technology, debt, or the regulatory environment. Corporate directors identified talent management as their single greatest strategic challenge. aerospace & defense, construction & engineering, industrial conglomerates, professional services, textiles); IT & Telecommunications (e.g.,

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7 Charts Show How Political Affiliation Shapes U.S. Boards

Harvard Business Review

Meanwhile, Democrats place greater importance on technology expertise and risk management. It’s important to note that the representation of Democrats on risk committees is disproportionately high. aerospace & defense, industrial conglomerates, textiles); IT & Telecommunications (e.g.,