Tag: decision-making

Get Your Mind Right Before You Open Your Mouth

Posted by Linda Henman - September 4, 2018

3 Questions to Ask About Trusting Your Intuition Some business leaders are able to “go with their gut” and the decisions made as a result are perfectly sound – most of the time. Others don’t have the benefit of such spot-on instincts. Both sets should be making decisions with intention.…

Risk Managers: Impact Lies in Reduced Executive Effort

Posted by Matt Shinkman - August 28, 2018

The Key to Increasing Decision-Making Influence In this complex risk environment where senior executives are expected to make fast decisions, they need the most actionable information in a timely manner. However, most leadership teams feel the risk information they receive isn’t actionable from a business strategy or operations perspective. In…

A Copernican Revolution in Culture and Conduct Risk Management

Posted by Nicholas Christakis - August 22, 2018

The Necessity of Proactive Management Experts at applied behavioral science technology company Starling offer insights into the failures of current approaches to managing conduct risk and explore an alternative – more proactive – solution. This would mark a paradigm shift in management science – one in which culture is viewed…

Managing Corporate AI

Posted by Stephanie Sharron - July 20, 2018

A Suggested Approach California-based MoFo Technology Transactions partner Stephanie Sharron and Privacy & Data Security partner Andy Serwin discuss the legal and ethical concerns of using AI across industries. The impacts could be far-reaching and potentially include issues such as unlawful bias and discrimination, violations of privacy laws and uncertainty…

Using Culture to Manage Complexity and Ethical Risk

Posted by Caterina Bulgarella - July 18, 2018

An Introduction to the Strategic Culture Framework The high complexity and rapid change organizations face today make it more difficult for people to make sound decisions. Ethical behavior is highly influenced by the context in which people operate. This is why organizations must re-architect the context (culture) in which employees…

“Gone are the Days of Rigid Lines of Defense”

Posted by Gaurav Kapoor - July 17, 2018

Key Insights and Trends from the MetricStream GRC Summit 2018 MetricStream’s 2018 Summit in Baltimore saw several hundred business executives, government leaders, GRC practitioners and industry analysts gather to talk GDPR, strategies and solutions for building better governed, more compliant organizations and more. Gaurav Kapoor, MetricStream’s Chief Operating Officer, shines…

ERM is Dead! Long Live ERM!

Posted by Peadar Duffy - July 16, 2018

Driving Change to Improve Resilience and Agility Enterprise risk management (ERM) is a framework organizations use to manage risks and seize opportunities related to the achievement of their objectives. More and more frequently, upper-level management refuses to acknowledge ERM properly, which leads to missed opportunity and lost revenues. Read more to…

Making Third-Party Risk Management Drive Value

Posted by Dan Kinsella - July 12, 2018

Reimagining Risk A recent Deloitte poll surveyed nearly 2,400 professionals in a bid to better understand third-party or extended enterprise risk management (EERM) programs and explore how enhanced management of these programs can drive value for an organization. Deloitte’s Dan Kinsella explains why executives should reimagine EERM for value creation.…

Moving From Reports to Analytics

Posted by SilkRoad - June 19, 2018

SilkRoad’s Talent Talk Podcast, Episode 14 In this episode of Talent Talk, host John Westby discusses with SilkRoad’s Mimi Jerkan and Nirmala Pol the seven advantages of analytics vs. vintage reporting: Faster reporting and analysis Accuracy Better business decision-making (*educated decision-making) Operational efficiency Save headcounts Reduce costs Increase in ROI

Leadership Lessons from the Coke Machine

Posted by Linda Henman - April 2, 2018

A Leader’s Formula for Success As leaders move upwardly through an organization, they need to also graduate from their role in day-to-day problem solving. The bigger decisions are theirs to own, but middle management and front-line employees must learn to fix problems themselves so as not to become overly dependent…

Preparing for the (R)evolution of Risk Management

Posted by Eric Dowdell - March 27, 2018

Modern Finance’s Imperative to Manage Risk with Data While businesses have more information than ever to drive decision-making, many are struggling to shift organizational structures and manage data to minimize business risk. Eric Dowdell, Global Head of Dun & Bradstreet’s Trade Credit business, dives into the relationship between risk and data and discusses…

How to Promote a Risk-Aware Climate in a Risk-Averse Environment

Posted by Matt Shinkman - February 16, 2018

with co-author Chris Matlock Making the Investment to Shift Risk Culture Risk culture, though difficult to define, is one of the most mentioned topics by Fortune 500 executives and for regulators across several industries. However, despite this visibility in quarterly calls, creating, measuring and influencing risk culture continues to defy…