October 2017 Blog Posts (14)

Prophesying from my armchair – The top internal issues organisations will face in 2018

I know it’s a bit early for end of year predictions, however, someone asked me what I thought so I figured I’d better not keep it a secret between just him and me.

Technology

Specifically, the massive shift towards subscription/cloud based applications which brings with it plenty of opportunity and plenty of risk. The more that goes into the…

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Added by Bryan Whitefield on October 31, 2017 at 1:32am — No Comments

The FCPA Pilot Program Guides Businesses Towards an ERM Approach

Back in June, the U.S. Justice Department declined to prosecute Boston-based engineering firm CDM Smith on foreign bribery charges, despite learning that the company had in fact paid $1.18 million to officials in India.

The firm paid the Indian…

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Added by Steven Minsky on October 27, 2017 at 6:20pm — No Comments

Feeling Helpless and Angry

Having just completed a phone call I am feeling helpless and a bit angry. Why because the call was from a friend and colleague whose company just had a ransomware attack. It was successful and they are faced with either paying the ransom, or facing a total disruption of their business model and taking a major hit to their corporate reputation as they slowly work their way out of the mess.

Why Helpless? Because the damage is done. If they had taken our courses on managing cyber…

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Added by Douglas Nagan on October 24, 2017 at 2:12pm — No Comments

Implementing in the dark

Stats don’t lie. The research of Professor Paul Nutt of Ohio State University into nearly 400 strategic decisions by major corporations showed that a mere 50% of decisions were successful. I think much of it can be explained because the leadership were implementing in the dark.

Organisations develop their own way of doing things. It’s cultural, a form of organisational creed.…

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Added by Bryan Whitefield on October 24, 2017 at 12:31am — No Comments

Become A Strategic Leader With This Personalized Online Program

Dear Global Risk Community member,



Time is running out if you want to secure your spot on the Cultivating Your Strategic And Creative Thinking Program. …



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Added by Boris Agranovich on October 21, 2017 at 10:30am — No Comments

United Arab Emirates (UAE) Data Protection and Privacy Laws & Regulations

Introduction

In simple words ‘Data Protection’ can be defined as the law and/or regulation designed to protect your Personal Data or Personally Identifiable Information (PII), which is collected, processed and stored by companies, institutions etc. In this era where data security breaches happen almost daily, it is essential that data protection laws and regulations restrain and…

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Added by Biji Scaria on October 20, 2017 at 11:21am — No Comments

4th Adverse Events Reporting and Safety Strategies Summit | December 4–5, Philadelphia, PA

 

For more information, contact: ExL Events                                 FOR IMMEDIATE RELEASE

Phone: 866-207-6528

Email: registration@exlevents.com

 

Ply Emerging Technologies and Effective SOPs to Enhance Regulatory Compliance and the Quality of Your Safety System”

ExL Events is hosting the 4th Adverse Events Reporting and Safety…

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Added by Emily Sternberg on October 19, 2017 at 3:40pm — No Comments

Equifax Risk Alerts And A Sea Full Of Icebergs

Added by Jorge Tabacman on October 18, 2017 at 7:30pm — No Comments

How can IRB models be best developed for low default portfolios?

Ahead of the 3rd Edition IRB Models, the Standardised Approach for Credit Risk, and Capital Floors Conference, we spoke with Gottfried Gruber, Senior Examiner, On-Site Supervision Division at Oesterreichische Nationalbank, about how IRB models can be best developed for low default portfolios.…

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Added by Yiota Andreou on October 17, 2017 at 9:30am — No Comments

Foolproofing Strategy Implementation

Sorry. You can’t foolproof implementation of your strategy. No matter how good it is. You can however, give it a much better shot whilst battling those underlying intangible forces that dictate an organisation’s ability to outperform…

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Added by Bryan Whitefield on October 17, 2017 at 2:30am — No Comments

How ERM Could Have Prevented the Uber and United Airlines Pitfalls

In an increasingly transparent world, failures in risk management within the widespread and nearly instantaneous reach of media outlets ranging from Facebook and Twitter to the Wall Street Journal have had destructive effects on companies like Uber. What started as an evidently ignored employee’s ‘incident report’ posted to a personal blog caught like wildfire only hours…

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Added by Steven Minsky on October 13, 2017 at 4:40pm — No Comments

Battling underlying organisational forces

Last week I wrote about corporate high performance units. Today I write about their biggest challenge: Battling the underlying intangible forces that dictate an organisation’s ability to outperform others.

Every organisation is…

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Added by Bryan Whitefield on October 10, 2017 at 1:11am — No Comments

The Sprocket Network is About to Change History.

Here is a link to an amazing story.

The Sprocket Network is About to Change History.You may be aware that investing in companies before they become publicly traded on a public stock exchange provides for maximum capital gain potential.…

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Added by Charles David Dreher on October 7, 2017 at 2:52am — No Comments

The time is now for High Performance Units

Sport learns from business and business learns from sport. The time is now for corporates to adopt from sport, wholeheartedly, the concept of High Performance Units. I say wholeheartedly because I hear “high performance” used in corporates often. However, I rarely see anything new and exciting.

A High Performance Unit (HPU) in sport is the body responsible for…

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Added by Bryan Whitefield on October 3, 2017 at 3:26am — No Comments

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