One of my favorite consulting clients is an outdoor clothing retailer. It's a highly seasonal business -- summer and winter gear are different, obviously. But fashions, styles and popular color ...

Newswise — Why do seemingly effective management teams at times make horrible risk decisions under uncertainty? Analytical models can only take us so far. A combination of decision-maker behaviors ...

Consider a generative AI-powered solution that reduces the time required to test a control from 20 hours to just five. For risk management functions, such as internal audit, SOX reporting, and ...

As AI systems become more capable of acting independently, organizations need guardrails designed specifically for autonomy.​ ...

Last time, I wrote that after analyzing 24 lost deals, I found there were three main causes. The night I finished writing ...

Risk models at Credit Suisse had flagged the dangers before their $5.5 billion Archegos loss. Silicon Valley Bank's risk metrics showed clear warnings before their collapse. In both cases, ...

The recent wildfires in Los Angeles have once again underscored the devastating impact of climate and natural catastrophe risk on insurers and communities. As losses from natural disasters escalate, ...

Last year, I faced a harrowing experience that would change my perspective on healthcare forever. What began as an emergency surgery to combat a flesh-eating bacteria quickly turned into a nightmare.