Strategy Driven

JUNE 18, 2024

Businesses must identify, assess, and mitigate risks to safeguard their operations and assets. High-quality data allows for accurate risk assessment and informed decision-making. For instance, in the financial sector, accurate data is vital for assessing credit risk, market risk, and operational risk.

Quality 91

Quality Supply Chain Compliance Strategic Planning 91

Strategy Driven

JANUARY 27, 2020

While you may be able to get approved for a loan to purchase a home or car with bad credit, these loans will have a higher interest rate. This means you will be paying back a lot more to the lender due to your high credit risk. Taking the time to look at your credit report before applying for a loan is a great idea.

Credit Scoring 65

Credit Scoring Insurance Credit Risk Report 65

Skip Prichard

AUGUST 2, 2019

We believe good organization problem solving will increasingly utilize advances in artificial intelligence to predict patterns in consumer behavior, disease, credit risk, and other complex phenomena. How will AI impact the bulletproof approach? Machine learning is getting better at pattern recognition than most humans.

Disaggregation 84

Disaggregation McKinsey Skills Gordon 84

Strategy Driven

MARCH 6, 2014

Most of these “affordable” loans were in fact sub-prime, “for persons with blemished or limited credit histories,” and “carry a higher rate of interest than prime loans to compensate for increased credit risk,” according to HUD.gov.

Insurance 51

Insurance Banking Crisis Discount 51

Harvard Business Review

NOVEMBER 8, 2012

With fairly few signals in their models, the FICO score doesn't have the ability to distinguish between credit risk in a generally high risk group. For example, thousands of signals can be used to analyze an individual's credit risk. The way to address this is to add more signals.

Credit Risk 14

Credit Risk Credit Scoring Retail Technology 14

Harvard Business Review

DECEMBER 7, 2010

He explained that his organization was highly functionalized with separate units for sales, trading, investing, portfolio management, credit, risk, and operations; some of which reported to him and some to the corporate center.

Succession 15

Succession Credit Risk Operations Report 15

Harvard Business Review

APRIL 5, 2012

The rest of the reading list: " Credit Risk and the Macroeconomy: Evidence from an Estimated DSGE Model ". Stock Market Conditions and Monetary Policy in a DSGE Model for the U.S. ". " The Bank of England Quarterly Model ".

Banking 15

Banking Real Estate Crisis Policies 15

Harvard Business Review

SEPTEMBER 16, 2014

With larger volumes of data being used to analyze everything from the genome to traffic patterns and lunch choices, it is natural to ask whether big data can crack the code on small business credit risk. There is reason for optimism.

Credit Scoring 14

Credit Scoring Banking Dunning Metrics 14

Harvard Business Review

OCTOBER 24, 2018

” For example, if a person was deemed a low credit risk, granted a loan, and then defaulted on that loan that would be a false positive. The model falsely predicted that the person had low credit risk.

Credit Risk 8

Credit Risk Tools Objective Ethics 8

Harvard Business Review

DECEMBER 19, 2013

Greenspan again: “I think the evidence probably is conclusive, that a necessary and sufficient condition for a bubble is a prolonged period of economic stability, stable prices, and therefore low risk spreads, credit risk spreads.”. But I think the man is on to something.

Bond 8

Bond Policies Long-term Short-term 8

Harvard Business Review

SEPTEMBER 16, 2014

With larger volumes of data being used to analyze everything from the genome to traffic patterns and lunch choices, it is natural to ask whether big data can crack the code on small business credit risk. There is reason for optimism.

Credit Scoring 8

Credit Scoring Banking Dunning Metrics 8

Harvard Business Review

OCTOBER 23, 2014

Think of the colleges that are increasingly able to identify students at risk of dropping out and intervene before they do. Or lenders’ enhanced abilities to gauge credit risk. Energy, agriculture, insurance, retail, human resources — no industry is unaffected.

Health Care 9

Health Care Pharmaceuticals Information Technology Supply Chain 9

Harvard Business Review

FEBRUARY 9, 2016

For example, financial firms have been able to enhance credit risk capabilities through the ability to process seven years of customer credit transactions in the same amount of time that it previously took to process a single year, resulting in much greater credit precision and lower risk of credit fraud.

Chief Financial Officer 8

Chief Financial Officer Chief Information Officer Agility Metrics 8

Harvard Business Review

MARCH 31, 2017

Ash Gupta is President of Global Credit Risk and Information Management at American Express, and Guy Peri is Chief Data Officer and Vice President of Information Technology at P&G. We spoke with top executives at each of these firms about the rise of cognitive in their organizations.

Supply Chain 8

Supply Chain Technology System Advertising 8

Harvard Business Review

AUGUST 24, 2016

We have a lot of newer businesses that come to us for credit and we need to do due diligence on them. So it’s an incredibly labor intensive process for us to verify whether they are a good credit risk.” ” Haller’s team was able to put together a prototype and present it to the client within 90 days.

Company 8

Company Team Due Diligence Banking 8

Harvard Business Review

JULY 7, 2015

Rating the credit risk of loan applicants. Here are a few examples of prediction problems in a business: Making personalized recommendations for customers. Forecasting long-term customer loyalty. Anticipating the future performance of employees. These settings share some common features.

Sample 8

Sample Management Learning-by-Doing Long-term 8

Harvard Business Review

JANUARY 7, 2014

In fact I think the evidence probably is conclusive that a necessary and sufficient condition for a bubble is a prolonged period of economic stability, stable prices, and therefore low risk spreads, credit-risk spreads. Well the question is, do you quash the bubbles?

Long-term 15

Long-term Banking Short-term Finance 15