Risk and compliance professionals instinctively know that technology can improve efficiency and provide more timely and accurate data for insightful decision-making – but hard data on the expected return on investment has historically been hard [...]
The insurance industry uses data analytics to support its critical business decisions –i.e. whether to provide an organization coverage, what types of coverage to underwrite, and what level of premiums to set. All of [...]
What are your company’s most important assets? Real estate/locations, equipment, inventory, employees and intellectual property are undoubtedly at the top of your list. What often gets overlooked, however, is one of the most valuable corporate [...]
The Pinterest IPO has been one of the most promising in recent memory, but questions remain around whether the online scrapbook company will generate the growth needed to meet high expectations of investors. Despite adding [...]
Success these days depends on your ability to immediately grasp all of your current risks, anticipate what’s around the corner, and understand what it means for the organization. And there’s no room for error. An [...]
Risk managers know ERM is important, but it often gets pushed to the back burner because, well, it isn’t exactly easy to quantify the potential impact of intangibles like weather events, cyberattacks, or a [...]
Enterprise Risk Management – or ERM – is a term that’s been around for years to describe the process of collectively managing all of an organization’s risks and opportunities. But so far, ERM has been [...]
Cullman Regional Medical Center chose Riskonnect to support its vision for the future and its journey to become a high reliability organization (HRO). If you stereotype Cullman, Alabama (pop. 15,385) as just another pit-stop [...]
Even though more organizations and industries have gradually been adopting enterprise risk management (ERM) programs since the height of the financial crisis in 2009, many businesses are still hesitant to embrace full fledged ERM [...]
The role of risk management in healthcare has come a long way over the years. But as risks to the healthcare industry multiply—both in number and costs—risk management and risk managers need to be [...]
In today’s media-driven, socially connected world, it’s difficult for companies to hide any mistakes at all—let alone major foibles like instances of bribery and corruption. Yet, such instances are all too common—and damaging—for a [...]
Yes. No. Maybe so. Is your organization struggling to determine whether it should establish a board-level risk committee? If so, you’re not alone. In fact, unless your organization is subject to a regulatory requirement [...]
