Reimagining Strategy, Risk and Performance Management for Success
Risk Management
How Cognitive Biases Affect Risk Perception
The basis for effective risk management is helping decision-makers running the business make informed decisions under uncertainty that enhance enterprise performance. But what happens if this decision support process is riddled with significant cognitive biases? Simple answer: suboptimal decision-making. Cognitive biases or flaws in thinking or judgment influence our decisions and beliefs and are an read more
Risk Management
How Effective is Your Organization’s Risk Management Approach?
In an increasingly uncertain and competitive environment, what role is risk management playing in your business? Is risk management focused primarily on the downside vs the upside? Effective risk management considers both threats and opportunities to achieving business performance objectives and is integrated with key decision-making processes across the enterprise. Risk lists alone do not read more
Risk Management
The Art of Risk Management
This is the title of the article by BCG published a few years ago. The article discusses the principles that should govern the approach to risk management by companies of all shapes and sizes. The authors make several points with which I agree. Here are some excerpts: Risk management is essential in today’s volatile economy. In read more
Leading in Uncertain Times
One of the biggest challenges facing business leaders today is making the right
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The Collaborative Organization
These days the term collaboration has become synonymous with organizational culture, creativity, innovation,
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Preparing for Geopolitical Shocks
Geopolitical instability has steadily increased over the past years, and uncertainty in the
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The Resilient Organization
If the past few years have taught us anything, it’s the certainty of
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Machine Predictions, Uncertainty, and Decision Making
Predictive technologies are transforming how we live and work, undoubtedly upending old ways
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Fostering Outside-in Thinking in the Finance Function
The role of the CFO continues to expand. In addition to overseeing core
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