article thumbnail

Social responsibility, inflation top worry list for risk managers

CFO Dive

Economic worries, social responsibility concerns and cybersecurity weaknesses topped the list of concerns for risk and compliance leaders facing an increasingly complex regulatory environment.

article thumbnail

Seize the day: Optimize your risk management strategy to improve your bottom line

CFO Dive

As we move closer to 2025, the insurance market presents a window of opportunity with a period of relative stability compared to the volatility of recent years.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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?

article thumbnail

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.

article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises. Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care?

article thumbnail

Enterprise risk management remain undervalued, study finds

Future CFO

Business leaders are not sufficiently investing in their organisation’s risk oversight even amid risks that are increasing globally in volume and complexity, regardless of geography. The occurrence of an actual significant risk event suggests a potential breakdown in organisational risk management processes.

article thumbnail

The role of AI-powered risk management in fraud prevention

Future CFO

True enough, the Finance function now is not just about crunching the numbers and making use of data obtained from traditional work, as AI-powered risk management has been deemed a game-changing approach against identity theft and other fraudulent activities. In an article penned by Lina S.

article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support?

article thumbnail

The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders.

article thumbnail

Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

A well-defined change management process is critical to minimizing the impact that change has on your organization. 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.