Harvard Business Review

JULY 19, 2012

Who Owns Risk Management? Compared with metropolitan competition like London, Moscow, New York, Sydney, and Tokyo, the hub of the Canadian pacific offers a deep discount on the cost of housing, and is, on balance, competitive on other key indicators like a cup of coffee, a movie ticket, and an international newspaper.

CFO 22

CFO Discount Price Cost 22

Harvard Business Review

AUGUST 4, 2023

The ban would would elevate the cybersecurity conversation to the CEO, the CFO, and the board, and potentially end the practice of scapegoating CISOs when a breach happens. The White House is considering a ban on ransomware payments, which could change the chief information and security officer (CISO) job.

CFO 19

CFO CEO Training Information 19

Harvard Business Review

JULY 19, 2012

Who Owns Risk Management? Compared with metropolitan competition like London, Moscow, New York, Sydney, and Tokyo, the hub of the Canadian pacific offers a deep discount on the cost of housing, and is, on balance, competitive on other key indicators like a cup of coffee, a movie ticket, and an international newspaper.

CFO 13

CFO Discount Price Cost 13

Harvard Business Review

DECEMBER 1, 2017

Every executive team and board of directors is asking themselves the same question in regard to their cyber risk right now: what can we do differently to avoid being the next Equifax, Yahoo! The answer involves radically reframing one of the mainstays of the C-suite — the role of the CFO. Be accountable for cyber risk.

CFO 12

CFO CIO Budgeting Long-term 12

Harvard Business Review

JUNE 20, 2016

This is not surprising: Growing regulation, increased investor focus on governance issues, and scary new categories of corporate risk (e.g. If your strategy relies heavily on aggressive M&A, for example, do you really want a CFO who doesn’t command a salary higher than the norm?

Benchmarking 14

Benchmarking Company Short-term Long-term 14

Harvard Business Review

NOVEMBER 9, 2012

Gene Morphis, former CFO of CVS and David's Bridal suggests: "There is an interesting intersection between risk management and innovation that emerges in the CMO-CIO interface." It's up to the CEO to ensure that marketing and IT are on the same page in terms of both innovation goals and risk management.

CIO 11

CIO Chief Information Officer Norton Technology 11

Harvard Business Review

MAY 14, 2012

They were the people whose job it is to worry about risks to the on-going organization — legal, risk management, finance, IT, and the brand team. We collaborated with our CFO to think through the budget and prize strategy. Getting the General Managers on Board.

Innovation 15

Innovation Learning-by-Doing CFO Brainstorming 15

Harvard Business Review

AUGUST 23, 2012

The risks and penalties are real. Just ask Gene Morphis, ex-CFO of clothing retailer Francesca's. These hurdles aren't unique to financial services — insurance, pharmaceuticals, health care and government all face regulation, to name a few examples.

Compliance 17

Compliance Media Compliance Officer Policies 17

Harvard Business Review

MAY 26, 2017

A cybercriminal might impersonate a CFO or CEO, and then send an email to accounts payable asking for a wire transfer, or to HR requesting a dump of employee tax information. Integrate email security into your organization’s risk management program. Security is a business problem more than an IT problem.

Supply Chain 12

Supply Chain System CFO Operations 12

Harvard Business Review

JANUARY 24, 2013

And unfortunately, they suggest that, in our huge, complex financial institutions, major failures of organizational discipline and major losses are likely to recur, despite greater attention to risk management. million in 2012 — because of his "Whale-related" failures, and that JPM had posted a record 2012 net income of $21.3

Report 8

Report CIO Crisis Committee 8

Harvard Business Review

JUNE 28, 2013

Surprisingly, many people say it was "how to have the IT risk conversation.". As one CFO told me, the phrase "IT Risk" contains two dirty words. The word risk makes him feel uncomfortable. Difficult conversations IT management Risk management' And the word IT makes him feel incompetent.

Agility 10

Agility How To Incentives CFO 10

Harvard Business Review

DECEMBER 8, 2016

Listening, Derek Melis, his friend and CFO, was relieved. Rogier hadn’t once mentioned holacracy or self-managed teams, even though the executive team and the board had been talking for months about transitioning to just such a system at the global construction company. Please don’t let that cloud your judgment as CFO.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

OCTOBER 22, 2013

After a few tepid responses, Walter, the CFO, threw out a grenade headline: Company tries desperately to hang on to aging cash cows and antiquated ways of doing business in the flawed hope that they can maintain the status quo forever. In essence, make it more uncomfortable to play it safe than to think critically and take risks.

COO 8

COO Short-term CFO Pharmaceuticals 8

Harvard Business Review

MAY 8, 2013

Later that afternoon Annabel Howard, Beacon''s CFO and Henry''s boss, leaned back in her chair. "I''m Think about it from a risk management perspective, Annabel. But when it comes to cars, ''sharing'' is just a fancy word for ''rental''. The only thing customers are sharing is the crap they leave in the back seat.".

Case Study 10

Case Study Brand How To Beyer 10

Harvard Business Review

JUNE 16, 2015

And as an HBS white paper points out, even some of today’s most mainstream executives — from the CTO to even the CFO — were once just new positions created to deal with “significant opportunities and risks emerging from technological or social disruptions.”

Constraint 8

Constraint Supply Chain Resources Operations 8