Archive - August 2019

The U.S.-China Trade War: What It Means for Manufacturers

During his presidential campaign, Donald Trump promised to reduce U.S. trade deficits with China and address China’s perceived unfair trade practices. The two countries have been at odds over trade for more than a year. After months of threats, the...

Cybersecurity: The Other Side of Data-Driven Customer Experience

Which of these statements is true? “Customers love when retailers provide them with a better shopping experience. Online, customers value the convenience of buying and shipping merchandise with a few clicks; personalized cross-selling and upselling...

Ethical AI – The Good, the Bad, and the Moral Imperative

Artificial intelligence (AI) is revolutionizing the way companies do business. It is helping companies improve decision making, increase customer retention, bring new products to market more quickly, and experience exponential growth. A global...

Panel Discussion on FAIR Methodology Sparks Lively Interest: Key Takeaways

At the most recent meeting of the San Francisco Bay Area Chapter of the FAIR Institute, a group of local practitioners, analysts and C-level executives gathered for a panel discussion on the Factor Analysis of Information Risk (FAIR) methodology...

CECL – A Regulators’ Perspective

In July, we had the pleasure of hosting a panel discussion with financial regulators in Protiviti’s San Francisco office. The discussion was attended by representatives from 25 banks and financial institutions, including Bank of the West, Charles...

RPA or AI? To Achieve Most Automation Goals, You Need Both

Discussions of robotic process automation (RPA) and artificial intelligence (AI) tend to follow separate tracks. This has been a function of the way these technologies have been marketed and sold. This is changing as companies realize that both RPA...

FASB Proposes Delaying New Lease Standards for Private Companies, But There’s No Time to Waste

At the start of 2019, the implementation deadline for the Financial Accounting Standards Board’s (FASB) new lease accounting standard passed for most public companies. FASB has proposed postponing the effective date for privately held organizations...