Emerging Risks

Apr 28, 2022

A Look Inside Disney’s Tax Battle

Explore the tax and financial implications of Florida's decision to revoke Disney's special municipal status. Poole College accounting professors analyze how this move affects Disney, Florida residents, and the broader corporate-political landscape.

Apr 28, 2022

Relational Contracts and Foreign Managerial Distribution

Elena Kulchina and Joanna Oxley examine how foreign entrepreneurs manage risks abroad, highlighting the role of informal contracts and market conditions in managerial delegation decisions. Their research offers insights into overcoming the "liability of foreignness."

Apr 4, 2022

Study Finds Empowering Workers Can Backfire

Empowering employees can backfire if workplace obstacles remain. A new study shows that addressing hindrance stressors is essential to prevent unethical behavior and maximize the benefits of empowerment.

Feb 23, 2022

New Case Study: Using Scenario Planning to Consider Emerging Risks

Recent events have highlighted the importance of planning for an uncertain future. The ERM Initiative is excited to release this new case study “A Look into The Future with Scenario Planning: A Survey of ERM Practices” that looks at ways multiple organizations use scenario planning to address uncertainty and identify the risks and opportunities that may arise under different conditions.

Feb 10, 2022

Managing Talent and Culture Risks

Paula Herman of Mecklenburg County Government shares insights about her views of the kinds of big-picture risks concerns for most organizations.

Feb 9, 2022

Strengthening Enterprise Agility for a Crisis: Lessons Learned

The COVID-19 pandemic presented challenges and necessary changes for all organizations. To support rapid change, many entities adopted agile business practices. A team of experts from McKinsey and the Harvard Business School analyzed the experiences of agile or partially agile companies during the crisis and provide insights around which elements of their operating models proved most useful in practice. To carry forward the lessons learned by agile organizations and to support success in the "new normal," the experts present a three-step guide to fully embracing an operating-model shift to agile practices.

Feb 8, 2022

Imagining Unimaginable Risks

Risks take a variety of forms, many of which companies can proactively manage. But novel risks are much more difficult to predict and plan for and they may seem improbable, emerge from a perfect storm of events, or are unprecedentedly massive. In their 2020 Harvard Business Review article, "The Risks You Can't Foresee," authors Robert S. Kaplan, Herman B. "Dutch" Leonard and Annette Mikes define novel risks and then describe how to detect and respond to them to mitigate the risk impact on the business.

Feb 8, 2022

Board Oversight of ESG and Diversity Risks

PwC's 2021 Annual Corporate Directors Survey gauges the views of public company directors across the United States. The survey results reveal the significant impact of the social, environmental and economic pressures companies have faced in recent years, including new risks for boards to address. The PwC report also sheds light on the changes boards are making in response to the dynamic environment.

Dec 9, 2021

REPORT: Executive Perspectives on Top Risks for 2022 & 2031

Executive Perspectives on Top Risks is an annual survey report that assesses the concerns of 1,453 board members and executives globally.

Sep 21, 2021

Is Your Company’s Knowledge Walking Out the Door with Your Retirees?

A conversation about the risk of knowledge loss often is centered around a technology concern evoking thoughts of cyber breaches that release proprietary information, an operational matter considering outsourcing or the one that I will discuss, a people or talent discussion. This article discusses how knowledge loss from employee attrition can be reduced through effective knowledge management and knowledge transfer practices.