Disruptive Innovation Tops Boards’ and Execs’ List of 2018 Risks in New Survey by Protiviti and NC State ERM Initiative
Although board members and C-suite executives perceive a slightly less risky environment overall in 2018 compared to 2017, concerns remain. Top among them – disruptive innovation impacting existing business models and whether organizations are able to overcome organizational resistance to change to respond to this disruption in time. Leaders are less concerned about macroeconomic issues […]
Drastic Measures in the Oil Patch Helped Survival – But Can They Translate into a Sustainable Cost Management Program?
The oil bust, which began shortly after prices peaked at nearly $108 per barrel in June 2014, has pummeled U.S. producers. According to the U.S. Energy Information Administration, oil and gas production jobs declined 26 percent and rig count plunged 78 percent from October 2014 through May 2016. Meanwhile, global oil and gas capital spending […]