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How External Factors Shape Internal Strategies Through Strategic Risk Management 

CFO Talks

How External Factors Shape Internal Strategies Through Strategic Risk Management Picture this: Youre the captain of a ship in a vast, unpredictable ocean. To stay afloat, businesses rely on Strategic Risk Management (SRM), a proactive way to prepare for challenges and adapt their strategies to stay on course.

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The Key to Effective Risk Management in Business with Chris Weeks, CFO Center UK

CFO Talks

The Key to Effective Risk Management in Business with Chris Weeks, CFO Center UK In the latest CFO Club podcast, we had the pleasure of hosting Chris Weeks from CFO Center UK. Chris shared invaluable insights into effective risk management strategies and how businesses can better prepare for uncertainty. The key takeaway?

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The Role of a CFO in Financial Risk Management

CFO Share

The Role of a CFO in Financial Risk Management Managing financial risks is crucial to ensuring long-term business success. However, small business entrepreneurs are particularly ill-suited for risk management: optimistic, energetic, and abstract. What is Financial Risk Management?

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Financial Risk Management: Small Business Advice from a CFO

CFO Share

Business owners focus mainly on reward (profit), which is easy to measure, while tragically few entrepreneurs look back on a month with low profits and say, “well, at least we managed our risks properly.” Despite the general preference to focus on profits, financial risk management is crucial to long-term success.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. It is the tangents of this data that are vital to a successful change management process.

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Citi Fined $400M Over Faulty Risk Management Systems

PYMNTS

bank to fix the "significant ongoing deficiencies" in its risk management systems, The Wall Street Journal (WSJ) reported. In a consent order which Citi's board agreed to, the bank was chastised for failing in various areas of risk management and internal controls.

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FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

Detailed workforce planning and head count analysis Hiring, onboarding, and managing personnel are typically the responsibility of human resources departments, rather than FP&A. Moreover, FP&As scenario planning capabilities can enable organizations to evaluate best- and worst-case outcomes before committing to a transaction.