Risk
Risk refers to threats an organization faces -- loss of earnings, loss of reputation, or harm of any kind. These articles explore the challenges of preventing, identifying and mitigating risk. Risk can come in many forms, including financial issues, legal liabilities, strategic or leadership errors, or accidents and natural disasters. Today, IT- and data-related risks are growing concerns. The following articles about risk look at the issue from many angles, especially from that of compliance officers risk managers.
3 (More) Considerations to Weather Transformation
Disruptive innovation has a clear impact on the half-life of companies’ business models. Protiviti’s Jim DeLoach continues a two-part series covering how industry disruption and digital transformation present a new frontier of opportunity and risk that is shaping – and speeding up – business model...
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COVID-19: The Ultimate Tabletop Exercise
The global coronavirus outbreak is putting every organization’s business continuity plans to the test. Geneia’s Rick Reed suggests that if your company wasn’t ready for this crisis, now’s the time to strengthen your plans for the next one. COVID-19 is proving to be the ultimate...
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Still Need A Plan? Here’s How To Create Your Company’s COVID-19 Response Plan
OSHA doesn’t seem to explicitly require an infectious disease response plan, but it’s prudent to prepare one anyway. Husch Blackwell’s Avi Meyerstein provides five major planning elements to help companies create a COVID-19 response plan. No company and no industry is immune from COVID-19. The...
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Risk Management During the Coronavirus
Vicky Yu has seen the effects of the coronavirus firsthand. Here, she offers lessons learned, hopefully to protect those organizations who may yet get an up-close-and-personal view into the outbreak. Since the coronavirus outbreak in China late December 2019, many Chinese companies or multinational companies...
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The Game You Must Win
Disruptive innovation has a clear impact on the half-life of companies’ business models. Protiviti's Jim DeLoach discusses how industry disruption and digital transformation present a new frontier of opportunity and risk that is shaping – and speeding up – business model changes. Disruptive change has...
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The Compliance and Operational Risks in a Total Compensation Approach
With an emphasis on attracting, retaining and motivating the best employees, a total compensation approach is crucial for organizational success given the dynamics of today’s workforce – but this approach is not without its risks. Elliot Dinkin discusses the possible rewards and what to be...
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Executives Have a Murky View of Reputation Risk
Reputation has always been a catalyst for company success, but the attention it now demands in our culture is of a critical nature as a driver of competent risk management. Still, it is being undervalued in practice. Michael Toebe discusses the disconnect. Follow the media...
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PwC’s 2020 Global Risk Study
PwC has just published the 2020 Global Risk Study, compiling insights from risk management, compliance and internal audit professionals to better understand how the risk function at large can succeed in today’s interconnected, 4IR technology-driven and increasingly complex risk landscape. The study revealed some of the...
Read moreRisk Management During the Coronavirus
Vicky Yu has seen the effects of the coronavirus firsthand. Here, she offers lessons learned, hopefully to protect those organizations who may yet get an up-close-and-personal view into the outbreak. Since the coronavirus outbreak in China late December 2019, many Chinese companies or multinational companies...
Read more
Top 10 Risks for 2020
Leaders of organizations of virtually every size, industry and geographic location are reminded all too frequently that they operate in an increasingly risky world. Protiviti’s Jim DeLoach provides an update from the ERM Initiative of the various risks organizations face relative to two years ago....
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How to Grow Your Compliance Practices as You Scale
It’s critical for small business owners to minimize exposure and risk; for SMBs, a single ethical or regulatory violation can be catastrophic financially and reputationally. ComplianceLine’s Giovanni Gallo provides guidance for SMBs on how to minimize those risks. Many small to medium businesses (SMBs) are...
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The Implications of Technical Debt to Your Company’s Competitiveness
For decades, arcane discussions on technical debt have occurred within the ranks of IT, with little engagement from executive management and the board. As Protiviti’s Jim DeLoach explains, today, directors and executives have no choice. They must increase their awareness and understanding of this issue...
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