While some CEOs and companies do genuine strategic insight, others may simply benefit from favorable circumstances, timing, or even pure luck. Many factors outside a leader’s control can contribute to a company’s success or failure in a complex business environment. The idea that “someone has...
To mitigate the impact of delays, consider offering customers exclusive deals, discounts, or free shipping on their next order. It is not only a good opportunity to ensure a repeat visit but also an effective way to build brand loyalty. With proper customer service, you can turn a customer’...
Interestingly, the digital tools banks are applying now in the midst of the crisis, the way they are adjusting operating models and how they think of running credit risk and compliance will all enhance digitisation – so banks will have to ensure they stay relevant for this digital model to w...
These difficult conversations can mitigate the traumatizing impact of fraud and help preserve a bank’s reputation. A new approach to fighting financial crime Highly organized criminal groups are finding ways to overcome established approaches to fraud prevention and detection. But we’re seeing ...
Wipfli offers a range of services to assist your bank in managing liquidity. Our complimentary strategic risk management consultation can pinpoint areas of risk in your institution and discuss how to mitigate that risk and strengthen your institution’s overall stability. ...
What are the external factors that threaten your profitability and how can you mitigate them? By the end of your analysis you should be able to establish priorities for action which you can integrate into your e-commerce business strategy going forward. ...
Organizations that struggle to expand their third-party ecosystem, for fear of the risks it can create, will be disrupted by organizations who can confidently identify and manage risk. Whether or not it's a regulatory requirement, every organization should mitigate digital risks by instituting a ...
Preventative control activities are in place to stop an activity from happening. These controls aim to mitigate risk by disallowing certain events from happening. An example of preventative control is a keypad or physical lock preventing all employees from entering a sensitive area. ...
To better understand the risks and trends accompanying these perils, Bain & Company analyzed data provided through a unique strategic partnership with climate risk analytics firm Jupiter Intelligence. Banks have begun to understand their climate risks, in part because regulators are starting to probe ...
The annual report of a listed company can reflect the strategic layout and overall arrangement of the company. The higher the frequency of a certain type of keyword appearing in the annual report, the more attention and investment the company has paid to this aspect. Therefore, we used the ...