From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...

Challenging times present an opportunity for organizations to perform detailed assessments of their operations. While recent stock market turmoil has many organizations worried about both short and ...

Risk-based planning is a familiar concept for most companies. Many business leaders realize that the right operational risk management (ORM) system helps to lower operating and auditing costs, reduce ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

FORT SHAFTER, Hawaii-Using a closed-loop system of risk management, the 8th Theater Sustainment Command (8th TSC) assesses, evaluates and mitigates risk to its Army watercraft systems (AWS) while ...

Later this year, companies will get a chance to get their hands on Zenda, an Saas that is poised to redefine operational planning and management. MD+DI spoke with Harold Hambrose - Chief Strategy ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

For decades, banking has been seen as the pinnacle of risk management. Compliance frameworks, regulatory oversight, and sophisticated financial models create the impression of an industry that leaves ...

Units develop an incomplete operational framework during the military decision-making process and do not have a system or means to adjust the operational framework during execution. An inability to ...