Risk: Page 12
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geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
The Importance of the CFO-CRO Partnership
In today’s new era of permanent volatility, the CFO–chief risk officer partnership can promote a more effective, integrated approach to risk management, while driving further strategic and operational efficiencies in a company. That, in turn, helps to make companies more agile and able to retain ...
By John Bugalla and Kristina Narvaez • March 5, 2013 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
How to Map Your Risks
Over the last 10 years, many companies have adopted an enterprise risk management (ERM) framework and launched the process by taking steps to identify and assess their risks. But such an exercise for a global company can involve developing a list of risks that could number in the hundreds.Such an...
By James Kallman and John Bugalla • Feb. 14, 2013 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Smart Choices, Smart Workers
Thank you for highlighting the issues around the complex subject of workplace environments (“Office Space,” December 2012). The impact of workstyles/workplaces on performance can definitely be measured: when a few key metrics are defined up front, the commitment to collecting data (qualitative an...
By CFO Readers • Feb. 7, 2013 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Lehman Couldn’t Handle the Risk Management Truth
During the financial crisis beginning in 2008, risk management–or the lack of it–was examined, questioned, and sometimes blamed for the financial state of banks and other financial institutions, some of which were bailed out by the Troubled Asset Relief Program (TARP).In at least one institution,...
By Caroline McDonald • Feb. 4, 2013 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
The Bad News about Bank Risk Management
During the past 18 months, we at Egon Zehnder International have examined the enterprise risk management (ERM) practices at 10 major global banks, and the good news is that all of them see ERM as a strategic imperative. They recognize that risks of all kinds — not just credit, market, and liquidi...
By Rob Sloan • Jan. 31, 2013 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
How Performance Drives Risk Management
Do you think enterprise risk management (ERM) is on life support? Well, for many organizations, it is. But for those astute leaders who have come to learn that success is affected most often by risk and the way in which risks are managed, the risk-management discipline has a new life.That new lif...
By Chris Mandel and Gary Bierc • Jan. 22, 2013 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
10 Steps 401(k) Plan Sponsors Should Take This Year
The corporate sponsors of 401(k)s and other defined-contribution (DC) benefit plans are likely to be more active in reviewing plan goals, more prescriptive in their investment options, and more prone to interact with employees who want to understand how to hit their own retirement income, accordi...
By CFO Editorial Staff • Jan. 14, 2013 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Don’t Divide Risk from Performance
The idea of integrating the consideration of risk into assessing and optimizing performance is not new. The well-founded belief — held, for example, by Robert Kaplan, creator of the Balanced Scorecard, and the accounting firm Ernst & Young — is that when risk and performance are viewed tog...
By Norman Marks • Dec. 28, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Women Directors Boost Profits
Companies slow to appoint women to their board may want to rethink their strategies in light of a study finding that companies with women directors outperform those with none.A Credit Suisse Research Institute report, “Gender Diversity and Corporate Performance,” found that net income growth over...
By Caroline McDonald • Dec. 14, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Payment on Sandy Claims to Arrive Sooner
New requirements for insurers in New York regarding claims for damage by superstorm Sandy, announced yesterday by Gov. Andrew Cuomo, may sound like good news for businesses and other policyholders. According to the New York Insurance Assn. (NYIA), it’s more like overkill.At Cuomo’s direction, the...
By Caroline McDonald • Nov. 30, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Rebuilding New York’s Business Resilience
With New York Governor Cuomo’s announced plan to ask the federal government for more than $30 billion in disaster aid, the public debate is filled with a vast array of schemes to protect vulnerable areas of New York from ever again being exposed to the violence and destruction of a superstorm suc...
By Shivan S. Subramaniam • Nov. 28, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
China’s “Go West” Policy Spawns Economic Powerhouse
China’s 18th Party Congress wrapped up on November 15. No press was allowed to report on any of the inner workings or discussions during the Congress. That’s business as usual. The Chinese security apparatus seemed just as nervous that something would get in the Congress as would get out.When ...
By Ted C. Fishman • Nov. 27, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Don’t Let Superstorms Cloud Your Risk Judgment
Like tsunamis and ash-spewing volcanoes, Hurricane Sandy was a “black swan” event, the kind of disaster that even the most careful preparations can’t stave off. It’s also a stark reminder of the need to plan as best as possible for the unexpected.But while we gird against future storms, it’s wise...
By Sally Bernstein • Nov. 19, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
How to Get More from Your Superstorm Coverage
For a business to recover from a disaster like superstorm Sandy — and get the most benefit from its insurance coverage — it’s important to understand property insurance policies and the business-income coverage they provide. Companies need to know what triggers coverage, and the methods insurers ...
By Pamela Hans and Michael LoGiudice • Nov. 16, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Protecting the Deal
Mergers and acquisitions are in decline, but insurance policies and coverage limits for M&A are on the upswing. What’s going on?The value of global M&A in the first half of 2012 declined 21.6% from the same period in 2011, to a total of $929.4 billion, according to Mergermarket. As a resu...
By Caroline McDonald • Nov. 15, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Fraud Reports Climb
Reports of fraud by corporate employees have steadily risen this year, according to the Quarterly Corporate Fraud Index, a joint creation of The Network and BDO Consulting. The current drivers are mandated whistle-blower protections, increasing awareness of fraud, and changing company cultures.Th...
By Caroline McDonald • Nov. 15, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Whose Company Is It?
Is there value in running a public company purely for the benefit of shareholders? Of course there is, you say. But to Lynn Stout, distinguished professor of corporate and business law at the Clarke Business Law Institute of Cornell Law School, the answer is emphatically no.Stout and several othe...
By Russ Banham • Nov. 15, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Superstorm Alters Companies’ Risk Focus
Fuel shortages, major flooding, and evacuations of critical facilities such as hospitals as a result of superstorm Sandy have placed a corporate focus on contingency planning — and on having the resiliency to stay in business after such a disaster.“Everybody is going to be out there resetting the...
By Caroline McDonald • Nov. 14, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
M&A Down, Coverage Up: What Gives?
Mergers and acquisitions appear to be in global decline, but insurance policies and coverage limits for M&A are on the upswing. What’s the deal?A study by Deloitte, Corporate Development 2012: Leveraging the Power of Relationships in M&A, finds that fiscal and political uncertainty in Eur...
By Caroline McDonald • Oct. 23, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
IBM, HP, Sprint Retain Top Spots in Newsweek Green Rankings
In the race to become the world’s greenest company, Team Finance and Team Technology have taken the lead.So say the results of Newsweek’s fourth-annual Green Rankings released this morning, which ranked IBM as the top environmental performer out of the 500 largest publicly traded U.S. companies f...
By Kristine A. Wong • Oct. 22, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Retaliation Against Whistleblowers Surging
Retaliation against workplace whistleblowers is climbing, yet companies are still falling short in their responsiveness to employees and their transparency in reporting retaliations and misconduct, according to recent surveys.In a supplemental report to its 2011 National Business Ethics Survey is...
By Caroline McDonald • Oct. 17, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Five Ways to Heal the Marketing-IT Rift
CFOs, I’ll bet you your company’s entire annual technology budget that your chief marketing officer and chief information officer are not getting along. Why would they? Your CMO needs technology, data, tools, and solutions, and she wants them ASAP. Your CIO wants security, process, governance, ...
By Martha Heller • Oct. 15, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Worrying about Water
As one of the hottest summers on record wound down in August, more than 60% of the contiguous United States continued to experience drought conditions, particularly in the Midwest. No wonder experts are advising companies to focus more than ever on intelligent water usage, work with key stakehold...
By Caroline McDonald • Oct. 8, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Reputational Risk: Put Someone in Charge and Act Quickly
Reputational risks lurk everywhere, as was plain to see in 2011, when companies were stung by a plethora of natural disasters and such other events as Greece’s debt crisis, accounting irregularities, service disruption, and computer hacking.But too often, companies wait until their reputation is ...
By Caroline McDonald • Oct. 8, 2012 -
geralt. "Financial Crisis Stock Exchange Tendency" [Illustration]. Retrieved from Pixabay.
Briefing the Board
Stung by the perception in recent years that boards have been dropping the ball on corporate oversight, directors are looking to risk and compliance executives to provide more information about potential perils their companies face. But those executives may be wary of approaching the board about ...
By Caroline McDonald • Oct. 8, 2012