All Resources

Dec 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 as a new revolutionary business model, a completely new technology, or a new spin on an existing product or service. A December 2012 article in Harvard Business Review discusses the threat of disruptive innovation. A new product offering or a novel business model from a competitor is enough to upend any existing business and change the face of a particular market indefinitely. However, organizations can manage the risk of disruptive innovations by being proactive in regards to evaluating their own business models and those of competitors. In this HBR article, Wessel and Christensen present their approach for assessing and strategically managing the risk of disruption.

Oct 2, 2012

Getting Started with ERM

Discover how HCA's David Hughes embraced ERM for smarter risk management. Includes key steps to get started with ERM.

Oct 1, 2012

Four Steps to Better Statistical Performance Measures

Explore how cognitive biases affect performance metric selection, and learn a practical methodology for connecting non-financial and financial metrics to better assess risk and drive strategic objectives.

Jun 1, 2012

Super Bowl Embraced ERM

The 2012 Super Bowl leveraged ERM principles to tackle event-specific risks. Learn how the Host Committee managed reputational and operational risks, emphasizing comprehensive response strategies and the importance of an enterprise-wide view.

May 17, 2012

Sustainability: Considerations that Can’t be Ignored from a Strategic Perspective

Sustainability is becoming a strategic priority for businesses worldwide. An MIT Sloan and BCG report highlights how top companies, called "Harvesters," are leveraging sustainability to drive profitability and innovation while managing risks.

May 1, 2012

Managing Levels of Innovation Risk

The highly competitive landscape and the rapid pace of change means organizations must continually seek to innovate to survive and grow. For many, their rush to get new innovations to market overlooks critical risks that threaten the success of those initiatives. More organizations are seeing first-hand how difficult of a task it is to mitigate innovation risk. The Harvard Business Review (HBR) article "Managing Your Innovation Portfolio" highlights how organizations can, through the balance of diversifying and appropriately focusing efforts within their innovation portfolios, achieve higher returns over their long-term innovation investments. The authors of this article discuss issues dealing with managing innovation and ways to initially guide management.

May 1, 2012

Risks Associated with Product Development

With over 50 years of experience in advising companies on product development efforts, the authors of this Harvard Business Review article present six flawed assumptions that bring rise to risks associated with product development. Product development managers often follow conventional assumptions to execute their projects effectively and efficiently based on the belief that these lead to the most productive approach. But often, risks associated with product development rise due to fallacies in these assumptions causing major delays, glacial progress, and costly failures.

Mar 1, 2012

Responding to Shifting Global Risk Trends

PwC’s “Risk in Review” report highlights global risks like economic uncertainty, regulatory changes, and geopolitical instability. Discover how businesses are shifting to top-down risk management approaches and adopting strategic tools like scenario analysis and IT defenses.

Feb 1, 2012

Twelve Areas of Risk a Board Should Consider

Explore Deloitte’s insights on twelve key risk areas boards should address, from global economic uncertainty to talent management and regulatory compliance, essential for aligning strategy and risk management in today's challenging market.