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Risk management vs crisis management – are you in the right mode?

Chartered Management Institute

Article: Risk management vs crisis management – are you in the right mode? Additional reporting by CMI Insights Monday 26 February 2024 Share Share to Twitter Share to Facebook Share to LinkedIn Share via email Managers have to manage risk and uncertainty every day. Written by Annie Makoff-Clark.

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Citigroup Faces $136 Million in Fines Over Risk Management Failures – Huge Challenges for CEO Jane Fraser

CEO Insider

Regulators have imposed $136 million in fines on Citigroup for failing to rectify persistent deficiencies in its controls and risk management, posing a significant challenge for CEO Jane Fraser as she works to overhaul the major New York bank.

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How to empower your people to become your greatest risk management asset

CEO Insider

The post How to empower your people to become your greatest risk management asset appeared first on CEOWORLD magazine. Your people are literally the heart of your business. Harnessing […]. Copyright The CEOWORLD magazine Limited 2021. All rights reserved.

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Crisis Management in the Digital Age: Lessons for 2024’s Unpredictable Economy

N2Growth Blog

Technology, therefore, is not merely a convenient tool but an essential commodity that requires strategic allocation and management in the modern business landscape. Engaging in risk management and scenario planning is also paramount. Corporations can navigate economic uncertainties and volatility through digital modeling.

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Risk Management Tips for Business

Strategy Driven

A certain amount of risk comes with the territory when you own a business. It is unavoidable, but that does not mean that the risk cannot be managed or effectively minimized. Here are some great risk management tips for business owners that will remain relevant regardless of how big or small your business may become.

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8 Leading Areas for Change In Risk Management/Analysis In The Coming Years

Strategy Driven

Managers and people in higher positions, in general, are always looking for ways to improve bottom-line operations and minimize the risks. Risk management helps them stay on top of the market challenges and trends in the relevant industry. To answer the latest challenges, risk analysis has to be active as well.

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4 Ways “Connection Culture” Improves Risk Management

Michael Lee Stallard

Volkswagen’s senior management has said they were unaware of the misconduct. If true, a Connection Culture would have made it more likely that an employee would have brought the misconduct to senior management’s attention when there may have been sufficient time to correct the improper behavior. to under-report pollution.