Despite the importance of risk containment, most C-suites are ill equipped to address it. Today’s risk management operations are not enabled to assist company leadership in making optimal decisions around the total cost of risk.
Frequently, data is the disconnect culprit: its timeliness, accuracy, and the way it’s presented and interpreted. Though companies are now more data driven, few can keep up with the demands of big data, due to ineffective data models and siloing.
Leveraging New Technologies
Now, we’re at a tipping point in enterprise risk management where converging technologies—such as cloud computing, the Internet of Things (IoT), and predictive analytics—are changing the way companies identify and manage risk.
Big Change #1: Cloud-based Enterprise Risk Management
The cloud helps companies overcome this data fragmentation by standardizing and centralizing information so it can be shared and reviewed anytime, from anywhere, by all stakeholders.
Cloud-based systems enable risk managers to elevate data to the C-suite quickly and succinctly for executive action. Cloud-based data warehouses make it possible to benchmark risk performance against peer groups adding context to information. The key is having high-quality, real-time aggregated data, facilitated by cloud-based platforms.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
