Transferring Risk Helps Relieve Leaders’ Biggest Fears
One avenue companies can explore to be better prepared to face a host of business risks: sell them to someone else.
One avenue companies can explore to be better prepared to face a host of business risks: sell them to someone else.
Financial leaders must stress calm, safety, diversification, diligence and caution as they guide companies through this period.
As the risk of a ‘systemic cyber event’ grows, cyber insurance is getting harder to come by—and CFOs are focusing in on cybersecurity: ‘Were another SolarWinds-type attack to occur, many companies may not be covered for the losses.’
Finance chiefs need to hone their communication skills to be successful today, says Tom Donnelly, CFO of Datasite.
Nearly one third of executives say the weakening economy is forcing them to pull back on diversity efforts, but that could be trouble, long term.
With many organizations looking to transform their supply chains this year, MIT’s Jonathan Byrnes wrote a piece last week on How to Design a High-Profit Supply Chain. In this week’s Part II, he focuses on supply chain management.