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In the current era, which is driven by Technology and Innovation, companies can only thrive if they are quick, flexible, and capable of learning and adapting quickly.

Establishing approaches that offer flexibility and agility to a team or organization is essential for businesses to succeed in the current business climate.

Organizations are now aware of this and have included Agile methodology into their Operations in order to respond swiftly to environments that undergo rapid change.  The followi

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Editor's Note:  If you are interested in becoming an expert on Performance Management, take a look at Flevy's Performance Management Frameworks offering here.  This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts.  By learning and applying these concepts, you can stay ahead of the curve.  Full details here. 

10841990287?profile=RESIZE_710xA robust, positive Organizational Culture promotes employee satisfaction with

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Small business owners encounter a variety of difficulties as they work to expand their enterprises. Financial institutions and other third parties provide solutions that make handling finances simpler and safer to assist them in succeeding. Among them is third-party banking software. Continue reading to discover additional advantages of third-party banking software for entrepreneurs, financial institutions, and small enterprises. 

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You should be aware of third-party banking software solutions for

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Privacy regulations are constantly changing so how can you manage a privacy program on a global basis? We look at the prime considerations for streamling the process. If you'd like to learn more, why not join me at #RISK 22 where we'll be talking about this issue in more depth on 17 November.
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Alex joined the fertilizer company just under 2 years ago and has since focused on proactive and effective risk management designed to reduce volatility in company performance, improve decision-making and strengthen corporate culture. Under Alex’s leadership the fertilizer company risk management has become integrated into the day-to- day management and operation of the business, risk management now guides corporate decision-making and forms an integral part of company culture.

The introduction

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Users are more likely to convert and join a brand's audience if the brand offers a tailored experience. The advent of mobile apps has made it possible for every company to provide a unique service to its customers. You should put money into mobile apps for more than this reason alone. It connects brands directly with customers all around the globe. However, choosing you to want to create a mobile app is just the beginning of your problems. There are a zillion moving parts to consider while makin

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Mitigating Risk is often thought of in terms of IT safety. However, it applies to many different areas of operation, manufacturing etc. Considering risk properly is particularly important. But just assessing risk is not sufficient. To have impact we need to make a Decision (or Decision Policy) to change the course of the risks. In this webinar we will look at the basics of Risk Management uncertainty, the analysis of the risks, mitigation and how do deal with uncertainty in some of our assessmen

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Virtual Customer Premises Equipment (vCPE) is an emerging branch of virtualization technology that allows service providers to offer managed and monitored services to their customers. In other words, it’s a set of applications hosted in the cloud which enables users to manage their network services from a centralized location.

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If you are reading this as an aspiring network engineer, you might not understand why anyone would want to build another layer of abstraction between the user and their net

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Introduction

Python is a popular high-level, general-purpose programming language. It was developed by the Python Software Foundation after its 1991 creation by Guido van Rossum. Code readability was a priority in the design. Programmers may convey their ideas with fewer lines of code because of Its Syntax.

Where is Python implemented?

Due to its support for Object Oriented Procedure Paradigm and ability to run on a variety of platforms (including Windows, Mac, Linux, Raspberry Pi), Python is frequ

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Hi Global Risk Community member,

You are invited to attend our CPE webinar Enriching Third-Party Risk Processes with Targeted Risk Intelligence on Thursday October 20th at 1pm Eastern.

Targeted risk intelligence and automated data feeds can enable organizations to recognize risk sooner and respond with increased operational resilience, reducing the manual burden and cost. Attend this webinar to learn how to incorporate targeted risk intelligence end enrich your TPRM program, including how to:

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A form of external beam radiation therapy known as proton radiation therapy uses hydrogen (proton) ions as the main treatment beam. Because all protons have the same positive charge, magnetic fields can affect them. By employing a particle accelerator, the protons are accelerated and transformed into charged particles.

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They are inserted into the patient's tumour after being charged with energy and guided using magnetic fields. Despite being created in the 1920s, proton radiation treatment has onl

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Are you prepared for a whistleblower?

 
Society of Corporate Compliance and Ethics
Encouraging, Managing, and Integrating Employee Reporting | November 10, 2022 | Virtual

Learn how to create a “speak up” culture and what to do with what you hear

Columbia University recently took a nosedive in the popular US News and World Report annual college rankings, dropping from #2 to #18 due to questions about their data. The DOJ just announced that Bayer Corporation, a manufacturer of pharmaceutical products, has agreed to pay $40 million to resolve allegations of False Claims Act violations.

What do these two recent incidents have in common? A whistleblo

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Map It

You have your top-notch RAS and you are ready to devolve decision making by operationalising it. My number one tip for operationalising your RAS comes from reading a book first published in 1946. It is called Administrative Behaviour, A Study of Decision-Making Processes in Administrative Organisations by Herbert A. Simon. Simon is a Nobel Prize winner, no less.

To summarise his book in a nutshell. An organisation is formed to fulfill a purpose. People in the organisation make decisions to act or

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Importance of Data Risk Intelligence

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In this week’s blog post, we’re sharing insights based on our latest interview with Glen Day, Founder & CEO of NVISIONx, the first data risk intelligence platform that fuses business data and cyber intelligence, empowering companies to gain complete control of their enterprise data and its risk.

Our topic for today is the importance of data risk intelligence and how organisations can be one step ahead of the risks and challenges of cybersecurity.

Actionable Tips to Prevent Cyber Attacks

Even compan

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Hello Global Risk Community member,

I am writing to share with you how one of the largest privately-owned direct mortgage lenders in the United States was able to integrate continuous and real-time risk intelligence to enhance its Third-Party Management (TPM) function.
 
For more than two decades, New American Funding (NAF) has consistently focused on leveraging the latest technology to streamline operations and develop a highly efficient lending process to power its industry-leading loan closi

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Rolling Out – Craps

Craps is a gambling game using dice. It became well-known to me from the Hollywood movies of mid last century when players gathered around a Craps table and rolled and cheered or expressed their frustration at loss after loss.

Before you start rolling out your Risk Appetite Statement (RAS), and devolving decision making to evolve your organisation, as I wrote last week, you need to consider the quality of the RAS you have to roll out.

If you have ever seen those Hollywood movies when they play Cra

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Archer got together with Alex Sidorenko, FERMA Risk Manager of the Year 2021, RIMS International Honoree 2021, to create this practical bootcamp designed to help companies implement quantitative risk management that pays for itself.

Imagine saving the company so much money that investing in risk management competencies and resources becomes a no brainer for the executives. Well, that’s exactly what Alex did at a global $10B chemical company and he has been kind enough to share his top tips and le

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Just as electrification replaces technologies that use fossil fuels with those that use electricity, Chancification replaces computations based on deterministic numbers with those based on probability distributions.

Just as non-experts can illuminate light bulbs with electricity generated by power engineers, Chancification will allow everyday managers (even those suffering from Post-Traumatic Statistics Disorder, or PTSD) to illuminate uncertainty and fix the Flaw of Averages with stochastic libr

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