Wednesday, October 20th 2021
This week in
Is Risk Management hindering Growth?
This week’s must read
Covid will change people’s minds, but not all pandemics will be like this one, and history isn’t always the best predictor of the future. The same can be said about new risks, which is why it’s critical to constantly stress test ideas and collaborate with various people outside of your industry and comfort zone.
This Week’s Must Read is an insight piece from Lucy Stanbrough, Willis Towers Watson on how to gain insight on the emerging risks and interconnections between drivers and risks across 4 key trends.
Chief risk officers who have been in the industry for a long time understand that there are known risks and unpredictable risks, and are now required to cope with unanticipated change on a regular basis. Dealing with such a situation necessitates a great deal of bravery, yet courage is a trait that is rarely mentioned in the context of risk management.
In this PwC’s Pulse Survey we will see that Risk managers have now largely managed the risks associated with having remote employees in many locations,even as the pandemic accelerated technological transformations. They are ready to capitalize on it. Now, risk professionals are seeing the upside that can come with a reimagined hybrid workforce.
Financial technology firms provide a diverse variety of services, including payments, loans, savings, insurance, and, more recently, cryptocurrencies and their business models, products, and markets are continuously changing. How fintech companies may improve their risk management and utilize it as a business development facilitator.
Not every decision necessitates extreme caution. For any high-impact decision when the danger of making the wrong option is significant, or where other people’s opinions on the optimal choice must be considered, a more methodical approach to decision-making is required.
This week’s Consulting News
| Kevin Surovcik@MorganFranklin Consulting
| Dr. Ricardo Gomez and Christoph Schlossarek@FTI Consulting
| Mark Walters@KPMG
This week’s media
A review of the reforms and actions needed to overcome the economic, health and societal challenges the world has faced over the past year.
Consulting sourcing tips
Consulting is often defined as giving expert advice to other professionals. True, but I think it is a bit simplistic…
Type Consulting Procurement in your browser and look at the results. What do you find? A list of consulting companies that offer their services to help improve your company’s purchasing and/or sourcing capabilities. But is it the same thing as Consulting Procurement?
Sourcing doesn’t start when you select the consultants you want to work with. It starts with a problem you want to solve.
Previous Weeks’ issues
In “This Week in Consulting,” you’ll learn all you need to know about Technology Innovation.
Challenging problems by Reframing. Find out how In This Week in Consulting.
In This Week in Consulting, all you need to know about the role of coaching in these particular times.