September 1, 2014 Trends that are Shaping the Next Fifty Years The world has changed drastically over the past fifty years with advances in technology, and these advances will continue into the future. A recent article by McKinsey focuses on trends...
June 16, 2014 2014 Research Report on Current State of Enterprise Risk Management Despite the fact that there have been a number of calls for improved enterprise risk oversight over the past decade, the percentage of organizations who claim to have a “complete...
April 1, 2014 How Global Changes Can Affect the Business Environment As organizations develop their strategic plans, their horizons are often only looking out over the next two-to-three years. While staying focused on the “here and now” is important, failure to...
January 15, 2014 Eliminating Reputation Threats While a number of corporate entities are embracing ERM, institutions of higher education are also enhancing their risk management processes by embracing ERM. With a number of institutions facing risk...
January 1, 2014 Value Killers in the Current Risk Environment A recent study by Deloitte examined root cause issues for companies experiencing significant one-month drops in stock valuations to see if they could identify common themes related to reasons driving...
August 21, 2013 Managing Risks of ERP Implementations for Enterprise Success As companies grow, the time comes where the idea of an ERP solution becomes a reality. When businesses reach that point, they sometimes reluctantly make the plunge knowing the journey...
June 19, 2013 ERP Implementation Risk: Managing Sources of Project Delays and Other Risk Over the past two decades, enterprise resource planning (ERP) systems have allowed managers to utilize software to integrate information about projects across the enterprise. These systems are designed to integrate...
April 1, 2013 Crowdsourcing, A Tool to Tackle Emerging Strategic Risks Organizations are turning to “crowdsourcing” as part of their innovation strategy where they leverage the knowledge of “the crowd” to identify emerging trends and opportunities. A recent article in _Harvard...
March 1, 2013 Using Collaboration Risk Management to Recognize Emerging Risks PricewaterhouseCooper recently published a research paper on systemic risk trends. The authors of the paper shed light on the many issues related to the risk mitigation capabilities of businesses for...
February 13, 2013 Top Risks on Horizon for 2013 The top risks that corporate leaders see on the horizon for the coming year include the effect that regulatory changes combined with heightened regulatory scrutiny will have on product and...
January 10, 2013 Q & A: Controlling Spreadsheet Risk Spreadsheets are widely used in today’s business environment, and rightly so – they provide users with a powerful, flexible solution for getting things done. However, there is a difficult truth...
December 1, 2012 SunGard Survey: How Are Companies Managing Financial Risk? This white paper presents the results of a recent study conducted by SunGard, a global provider of technology-related services and solutions. The purpose of the study was to gain an...
December 1, 2012 Managing the Risk of Disruptive Innovation Organizations often find themselves surprised by a competitor’s announcement of a new innovation. Such announcements can be hugely disruptive, and they hit the competitive environment in many forms, such...
October 1, 2012 Four Steps to Better Statistical Performance Measures Managers hinder their performance insight by focusing on sexy performance metrics that may be persistent but not predictive, and vice versa. These popular key performance indicators (e.g., EPS growth)...
October 1, 2012 Managing Risks of the Mobile Enterprise Mobile devices are becoming more and more integral in the workplace today, as they are used for field work, file-sharing, and business processes. With the widespread use of mobiles, and...
September 15, 2012 Managing Supply Chain Risks for Conflict Minerals The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 places new regulations on companies reporting to the SEC. In particular, Section 1502 of the Dodd-Frank Act concerns the use of...
July 1, 2012 Increasing Percentages of Organizations are Embracing Enterprise Risk Management Recent research conducted by faculty who lead the Enterprise Risk Management (ERM) Initiative at North Carolina State University reports a steady increase in the percentage of organizations that claim to...
July 1, 2012 Managing Third-Party Risk in an Increasingly Collaborative Business Landscape Businesses today rarely do everything in house. While outsourcing offers a number of unique advantages, those benefits may also expose the organization to a number of new risks. Relying on...
June 1, 2012 Super Bowl Embraced ERM Imagine being responsible for managing risks related to the NFL Super Bowl. With the millions of viewers drawn to this event each year, one shudders to think about an event...
June 1, 2012 Categorizing Risks for More Effective Risk Management Organizations often employ a rules-based model to manage risk; however history suggests that such an approach may not be an effective way to manage all types of risk. This Harvard...