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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 devices. Not sure you believe this?

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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 comply with the new IFRS 9 st

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4 Predictions for Risk Management in 2018

2017 presented a whirlwind of corporate scandals: United Airlines, Wells Fargo, Facebook, Uber, Chipotle, Equifax, WannaCry…the list goes on and on. Many of these companies suffered second and even third scandals when they failed to learn their lesson from the first.

But for every company that’s suffered a failure in risk management, I believe there’s a company that’s looking over these headlines and doing everything they can to prevent a scandal of their own, for there are many lessons to be lea

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If God Does Not Enforce "Intellectual Property" Then Why Should We?

By:

Enrique Suarez

http://www.wix.com/suarezenrique/delta

suarezenrique@yahoo.com

 

What is Intellectual Property?

Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent o

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Preparing for Government Reform

8028274455?profile=original“With the Administration’s emphasis on the Reforming Government Executive Order and the OMB Memorandum issued in early 2017, the upcoming 2018 conference will explore how agencies can move from “ proposed reform” to “implementing reform”. Hear from experts both in and outside government regarding approaches to ensure success and overcome challenges.” David Mader Former Controller The White House Office of Management & Budget
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Preparing for Government Reform

The Executive Order has been issued to re

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How to Get Started with Lean

8028261856?profile=originalNew Free Video: How to Get Started with Lean

The first video in Gemba Academy’s new Gemba Talk series is "How to Get Started with Lean."

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Watch it here:

This series will answer the most common questions we receive, and will remain free and won’t require registration. To ask a question, or view the second video (How Much Does a Lean Journey Cost?), go here

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Thinking about enterprise-wide lean training in 2018?

Gemba Academy offers very flexible enterprise training programs so all of your sites can learn

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You might be shocked to know that when Social Security numbers were first given in the 1930s, the intention was never to use them as a form of identification. However, most of us use our Social Security numbers all of the time, from doing transactions at the bank to visiting our doctor’s office.

You need your SSN to apply for jobs, to open credit cards, and even to marry the love of your life. Since we use this number of often, what happens if you lose your card, it gets stolen or it’s leaked in

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Salesforce: Is The Market Turning Negative On Salesforce? Are there any leading indicators, risk alerts and developing trends?

Are sales increasing at a faster rate than value creation? Is the value generated by the sales of the SIMMETHOD Best In Class increasing at the same time that the value generated by Salesforce’s sales is decreasing?

“Salesforce – Overvalued and not significantly diversified” Erik Huckle, Seeking Alpha

“Salesforce: One of the better software companies on the planet but perha

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Boris Agranovich has kindly asked me to offer my free course for you to browse, or to take, over the holiday period.

MAGIC

The course will change your entire understanding of modern economics and risk management.

  • It is a paradigm shift in both subjects.
  • Essential reading for anyone in the financial services industry.

It is no co-incidence that following an article which I had published at www.fin24.com where I am a columnist, my prescription for the South African economy was circulated to the entire

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Another Successful Example on How to Compete: Putting Customers before Products (From Selling Hospital Beds to Protecting Patients)

Source:

 

MIT - CISR

Authors:

Moloney, Kate
Ross, Jeanne W.
Beath, Cynthia M.

Abstract: Hill-Rom Holdings started producing wooden furniture for hospitals in 1929. By 2017, the company was a diversified medical technology and services company. To leverage digital technologies, Hill-Rom was transforming from its traditional lines of business to a company that was leveragin

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My 2018 New Year Message to All of Humanity: Real Life Lessons

By:

Enrique R. Suarez

Peace, dignity and prosperity is and should be the goal of humanity for prosperity without peace is chaos.

A vision of the future without action is simply a dream. An action without a vision of the future, lacks meaning. A vision of the future with action, can change the world.

People will never remember how much you know but they'll always remember how you made them feel.

If I love you is because I have found that lo

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WSJ Conference on Cybersecurity

There was a conference in NY this week hosted by The Wall Street Journal on Cyber Security. They published a separate section in the NY edition of their newspaper entitled WSJ PRO REPORT – CYBERSECURITY. It is a worthwhile read if you can get your hands on a copy.

This post is a follow up to my December 3rd post ‘GDPR is coming. Are you ready?’. The consensus at the WSJ Cybersecurity conference is ‘NO’, the vast majority of US companies are clearly not paying attention at all. The gist can be fou

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I see a ton of articles that say identity theft protection is not something you really need. These articles have titles like “ID Theft Protection Does Not Work,” or “The Poor Man’s Guide to ID Theft Protection.” Though some of these articles have a bit of merit, they totally miss the point.

Here’s the deal – You can’t protect yourself from every type of ID theft out there, and the types you can protect yourself against require a ton of focus. One way or the other, it will cost you money, time, an

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How to improve your 2018 predictions and outcomes? What happens when you are invested into your customers risk and performance?

According to Wikipedia, “A prediction or forecast is a statement about an uncertain event. It is often but not always, based upon experience or knowledge”.

Based on the SIMMETHOD Best In Class, in business strategy execution, the best way to predict the future is to create it via the 7 Laws of Growth, Value Creation and Best In Class Performance and the C-level Risk Alert

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The Gift of Resilience

8028271055?profile=originalLast Christmas I wrote about Reciprocity and the influencing effect that giving gifts can have. This year I have chosen Resilience. Another hot topic at this time of year because of the strong emotions that flow and because I heard this cracker of a story just this week.

One of my mates, let’s call him Mick, grew up surfing the Northern Beaches of Sydney and always wanted to surf Waikiki Beach in Hawaii. This year he made it. He got himself onto a paddle board, paddled his way out with his son sw

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How to Use the COSO 2017 Framework Update

8028263290?profile=originalThis September, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) published a much-anticipated update to their 2004 “Enterprise Risk Management—Integrated Framework,” a renowned and widely used risk management framework. The new release is formally called “Enterprise Risk Management—Integrating with Strategy and Performance.”

The COSO update comes to meet the rising expectations of risk management, according to Bob Hirth, COSO Chair: “The complexity of risk has changed,

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The Compendium of Evidence on the Effectiveness of Innovation Policy Intervention Project in the stewardship of Manchester Institute of Innovation Research (MIoIR), University of Manchester has revealed some interesting facts about Regulatory Change Management. There have always been mixed opinions about the importance of regulations in the industries and people are unable to come to a consensus. In order to get some clarity and ascertain the impact of regulations on organizations, an endogenous

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GFMI will host the 11th Edition Model Risk Conference on January 24-26, 2018 in San Francisco, CA. This 11th installment will bring together leading professionals in model risk, model validation, model governance, and in other related roles to help financial firms produce high quality models that are compliant with the regulations. By attending this conference attendees will learn how to enhance model risk management in an evolving inter-agency framework and how other firms are implementing diff

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Getting Funded: How to calculate your total addressable market and make a great TAM slide for investors

By: Jared Sleeper

Source: For ENTREPRENEURS

I’ve seen hundreds of startup pitch decks in my time at Matrix, and have found total addressable market (TAM) slides to be among the most frequently mis-executed. I get the sense they are often included as a formality in an attempt to get VCs to check a mental box and continue on hearing about other important things: the product, the team, the progress,

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8028266072?profile=originalA couple of weeks back my blog called Valuing your Pressure Cooker was about how you need to consistently remind staff of your corporate values while you put them under pressure to perform. If you don’t, staff may start to find unethical ways to get the job done. Reminding people of values is therefore a preventive method. What about a method to detect poor behaviour? 

I was listening to an ABC Best Practice podcast this week about “ungoverned incompetence” where Peter Cebon, senior research fell

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