Archive - October 2017

To Thrive, Utilities Must Have a Data Analytics Strategy and a Business Intelligence Plan

The big data revolution transforming industries worldwide is bearing fruit as companies improve their understanding and analysis of their information to increase efficiency, reduce costs, predict outcomes and enhance customer satisfaction. The...

Risk Culture Audits: Does Your Organization Walk the Talk?

Recently, there has been increased focus on the impact of culture on an organization’s business practices. My colleague Brian Christensen discussed culture in a May blog post titled “When bad things happen to good companies,” and culture was the key...

From Hurdle to Enabler: The Second Line’s Role in Innovation Is Evolving

Digital technologies are enabling new products and service channels, responding to changing customer demands, as well as driving efficiencies and creating competitive advantages. It is, therefore, essential that the second line functions of risk...

Digital to the Core: Companies Must Have the Right People and Mindset to Succeed at Digital Transformation

A common mistake that companies make when pursuing digital transformation is viewing the process as a collection of technology projects, and not a business strategy that is shaped and driven by senior management and the board. They become so focused...