By Daniel Nunes-Vaz, Senior Research Executive, Center for Financial Professionals.
In recent years operational risk has grown as a discipline and is now viewed as an integral aspect of any risk management department. This is predominantly a consequence of the most recent major financial crisis where the management of operational risk was partly blamed as a significant contributory factor in the collapse of global markets. Since then, the risk management and…Continue
Added by Shannon Mason on January 31, 2018 at 1:04pm — No Comments
Did you know that according to research every year 2 million individuals enter leadership positions and 60% fail?
According to Dr. Ted Marra, most often the root cause is a failure to think strategically.
Research says most executive development is disconnected from the real needs of the organization and those who must lead it.
Learn what it takes to transform…Continue
Added by Boris Agranovich on January 31, 2018 at 9:00am — No Comments
Certified ethical hacker training is commonly denoted as the course that teaches you to break through your own or your company’s computer/s in a legitimate and official manner to find out the existent vulnerabilities and to assess the safety bearing of the target system. Certified ethical hackers use the same tools and knowledge that malicious attackers exploit and execute the indicated defensive, counteractive and protective actions to protect the system from any breach in…Continue
Added by Sushant Katoch on January 30, 2018 at 10:23am — No Comments
Last week I read an article by The Boston Consulting Group called Business of Business is No Longer Just Business. In it they describe the heightened levels of…Continue
Added by Bryan Whitefield on January 30, 2018 at 12:00am — No Comments
Northwestern Mutual’s Digital Transformation: Redesigning IT
Added by Enrique Suarez on January 29, 2018 at 1:23am — No Comments
Ross, Jeanne W.
Beath, Cynthia M.
Added by Enrique Suarez on January 28, 2018 at 11:13pm — No Comments
Recently I was listening to an interview with retired Australian cricket captain Michael Clarke. He was asked how he felt when he scored his first century (100 runs) for Australia. He described incredibly strong emotions. The interviewer then commented how funny it was that a score of 98 had no comparison. Clarke agreed wholeheartedly.
It reminded me of a section in…Continue
Added by Bryan Whitefield on January 22, 2018 at 11:35pm — No Comments
As you likely know, GDPR (the EU’s new General Data Protection Regulation) takes effect in May 2018. Are you ready? If your organization stores or processes EU citizen or resident personal information – any information that can be used to directly or indirectly identify someone – you need to know about…Continue
Added by Rosalind Morville on January 22, 2018 at 9:00pm — No Comments
IT has become an integral part of many organizations, both small and large. While some companies have an in-house IT and software team, others prefer to outsource. In some instances, even the former at some point may need to outsource the services of an IT solution company. There are numerous IT companies in the market. As a result, it can be confusing to choose a suitable one. Below are some important things to consider when choosing an IT solution…Continue
Added by Mona Singh on January 22, 2018 at 10:23am — No Comments
How To Measure The Business Value Of Your Digital Transformation: Can Industrial Era Metrics Mislead You Into The Wrong Decisions And Failed Digital Transformations?
Towards new holistic strategy execution measure of risk and performance for digital transformations
Over 50% of the “2000-Fortune 500” does not longer exist and according to Cisco’s John Chambers, “probably 40% of today’s businesses will fail in the next…Continue
Added by Jorge Tabacman on January 18, 2018 at 7:30pm — No Comments
Think about how great this would be: Imagine that all of your company data is safe from hackers. Your hardware is totally safe and secure. You have IT specialists at your disposal at all times and have a constant flow of cash to pay them.
Unfortunately, this is a fantasy for most of us. No matter how secure we think our network is or how much we pay our IT people, there is always a chance for a data breach. Does this mean we should stop the fight, though? No…Continue
Added by Robert Siciliano on January 18, 2018 at 4:50pm — No Comments
Chipotle needs risk management rehab. In less than two years, the Mexican grill has changed CEOs twice in an effort to regain their once-held reputation as a beloved fast-food chain. A new CEO, however, isn’t the solution. Multiple cases of food-borne illness before, during, and since executive switch-ups have proven the restaurant needs to adopt a stronger enterprise risk…Continue
Added by Steven Minsky on January 18, 2018 at 4:11pm — No Comments
The December 2017 Verizon Data Breach Digest focused on the use of cloud services and is worth a read. The Digest identified key issues that you should be aware of:
Added by Douglas Nagan on January 17, 2018 at 3:30pm — No Comments
Join Global Risk Community for a webinar on How To Identify And Measure Your Strategy Execution Risk
What sank the Titanic and is sinking some of our great companies? What will separate future winners from losers?
50% of the Fortune 500 companies in the year 2000 do not longer…
Added by Boris Agranovich on January 16, 2018 at 1:00pm — No Comments
Added by Bryan Whitefield on January 16, 2018 at 5:00am — No Comments
Added by Boris Agranovich on January 15, 2018 at 12:00pm — No Comments
The business of petrol pump operations is long term in nature. It involves significant capital expenditure and license agreements. While the revenue earnings look attractive to most people, the owners of such businesses know that their operating expenditure (OPEX) is also huge.
Fuel retailers do need a steady supply of working capital to maintain the viability of their…Continue
Added by Ankit Shrivastava on January 15, 2018 at 8:30am — No Comments
Do you have employees who bring mobile phones to work and use those devices on the corporate network? Do they store company data on these “Bring Your Own Devices (BYOD)”?? Does your company have a policy in place for this?
First, the moment a person brings in their personal phone to work, there is a fusion of personal and business tasks that occur. And, equally as bad, company issued devices are used for personal use as much, if not more than the employees own…Continue
Added by Robert Siciliano on January 11, 2018 at 4:05pm — No Comments
Today, we have an interview with Sufyan Khan. Sufyan Khan is our member and the Regional Product Manager of IFRS 9 and Tax from AxiomSL. Sufyan has more than 14 years of experience in the area of sales, client service, business development and product management. Over the past 7 years, he has helped clients to make informed decisions in the area of trading and best practices across enterprise-wide risk management.
As of 1st January 2018, institutions will need to…Continue
Added by Boris Agranovich on January 9, 2018 at 4:30pm — No Comments
Added by Steven Minsky on January 9, 2018 at 4:30pm — No Comments