COSO has elected PwC to lead the process of reviewing and updating its Enterprise Risk Management Framework.
In early September, the US Food and Drug Administration finalised new rules that for the first time will require US food manufacturers to develop and implement detailed plans to prevent foodborne illness.
We’ve got all this cash; how do we invest it to optimise investment performance?” I get asked this question a lot lately from corporate treasurers. The question usually begets a conversation about investment objectives, investment strategy and guidelines or whether to use external advisors.
As a result of risk, regulatory and compliance activities, financial institutions possess much of the data they need to strengthen their long-term organisational resilience.
Managing risk factors impacts strategic objectives and with the right enterprise risk management techniques, your business gains a competitive advantage.
In the current (and likely foreseeable) environment of rapidly shifting and often disruptive trends, enterprise resilience entails not only preparing for risk, but capitalizing on the opportunity that often accompanies it.
Customers don’t always tell you what they really think. And they might not even know what they need from you. But they are sure to voice their opinions on social media. In a competitive landscape that’s increasingly being shaped by social media, you ignore valuable consumer data at your peril.
We believe that only a few companies are truly ready. They’ve built their readiness through the emerging capability of resilience, with six distinctive traits that combine to define their ability to survive and evolve in the face of change.