How to Conduct Better Third-Party Risk Assessments

This post first appeared on Risk Management Monitor. Read the original article. Today’s enterprises operate in a complex digital ecosystem that connects customers, vendors and partners and through which data is shared and transactions are processed. Because much of this is done through outsourcing of systems and services to third parties, many enterprises have dramatically (more…)

Automating Risk Functions for Greater Value Creation

This post first appeared on Risk Management Monitor. Read the original article. Despite recent volatility, more than 60% of risk executives surveyed in a recent PwC US Pulse Survey were optimistic about the global economy, as well as the state of the pandemic recovery. This optimism could stem from a greater alignment between risk functions (more…)

Managing Risk in Government

Special Edition of The Business of Government Hour. Each week my goal is straightforward: to introduce you to key government executives and thought leaders, who are tackling significant management challenges and seizing opportunities to lead. To complement these examples of leadership in action, I also highlight the practical, actionable research done by some of the most recognized and respected thought leaders in public management.

Weekly Roundup: May 24-28, 2021

This post first appeared on IBM Business of Government. Read the original article. Friday, May 28, 2021 Michael J. Keegan Highlighting articles and insights that we have found interesting for the week ending May 28, 2021 How the TMF can enable broad improvements across government. The first two posts in this series were on enabling (more…)

Creating Public Value using the AI-Driven Internet of Things

New Report from Prof. Gwanhoo Lee. Government agencies seek to deliver quality services in increasingly dynamic and complex environments. However, outdated infrastructures—and a shortage of sys­tems that collect and use massive real-time data—make it challenging for the agencies to fulfill their missions.

Employee Engagement is Key in COVID-19 Recovery

This post first appeared on Risk Management Monitor. Read the original article. Businesses and their employees have had to rapidly adjust to the shutdowns and disruptions caused by the COVID-19 pandemic, and their ability to adapt and pivot will continue to be critical as organizations start to recover from the impacts of the crisis. To (more…)

Three Ways TPRM Programs Can Improve

This post first appeared on Risk Management Magazine. Read the original article. As enterprise leaders and security professionals increasingly recognize the risks and compliance implications that cybersecurity failures pose, the practice of third-party risk management (TPRM) continues to grow. Most large organizations today have a formalized program in place and several staffers dedicated to TPRM. (more…)

Know Your Agency’s Risk Profile

This post first appeared on IBM Business of Government. Read the original article. Wednesday, May 12, 2021 Tom Brandt A Tip for New Administration Appointees Now more than 100-days into the Biden Administration, with a new team of political appointees gradually filling out agency leadership roles, there is renewed relevance to a call that was (more…)

Building Effective IT Disaster Recovery Plans

This post first appeared on Risk Management Monitor. Read the original article. No matter how well-managed IT infrastructure is, there is always the risk that a tiny hiccup could ultimately turn into a real emergency. Given the increasing reliance on technology tools and access to business-critical data to continue operations, every business should have an effective (more…)

The Tragic 2019 Fire at Notre Dame Cathedral

This post first appeared on IBM Business of Government. Read the original article. Monday, May 3, 2021 Tom Brandt Valuable Lessons for Risk Management Practitioners It was a beautiful spring day in Paris on April 15th, 2019 when tourists walking about the Île de la Cité in the early evening noticed something unusual at Notre-Dame (more…)