compensation strategy

Wednesday, March 24th 2021

This week in
Consulting

How do you adapt your risk management for tomorrow?

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This week’s must read

The COVID-19 pandemic has dramatically shifted the way businesses operate and has created new problems that business leaders must solve. Reassessing their risk management plans, constructing cohesive frameworks, identifying protocols and procedures to fill those gaps will help organizations better prepare for the next major crisis.

This Week’s Must Read is an insight piece from Matthew Hinton, Control Risks, about preparing Now for Your Next Crisis Post-COVID.

 Matthew Hinton@Control Risks for Risk Management Monitor

Thought Leadership

As Covid-19 spread across the world, businesses faced massive cascading disruptions while the crisis is far from over. To survive, organizations will have to implement a risk management program that blends data science, automation, and artificial intelligence.

Atul Vashistha@Supply Wisdom & Neo Group for Forbes

Strategic risks can expose an organization to loss and even extinction when unrecognized or unmanaged. The article presents three common strategic risk areas that companies need to take seriously.

Donna Galer@Hanover Stone Solutions and Al Decker@Risk Management

In 2020, the measures taken by governments, businesses, and consumers to restrain the spread of the novel coronavirus triggered a sharp economic downturn and far-reaching social impacts. How has risk management responded in financial institutions and where does it go from here?

J. H. Caldwell@Deloitte

Understanding new and emerging risks to business during a pandemic is tricky. The EY Global Center for Board Matters interviewed seven leading board directors to understand how their approach to risk management reframes their organizations’ future.

Sharon Sutherland@EY

This week’s Consulting News

| Loukia Papadopoulos@Interesting Engineering

| @RetailNews Asia

| @PR newswire

| @Consultancy.uk

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This week’s media

Believe it or not, there is a silver lining in the COVID-19 pandemic. Instead of zeroing in on the negatives, we shall focus on the many opportunities under the new normal, including a wider and faster adoption of FinTech and leveraging dynamic sandbox-type thinking to address risk management challenges.

Consulting sourcing tips

How To Manage the Tail Spend – Our 5 Recommended Practices

How To Manage the Tail Spend – Our 5 Recommended Practices

Discover effective strategies to conquer tail spend management with our comprehensive guide. Explore five recommended practices that will optimize your procurement process, reduce costs, and increase operational efficiency. Learn how to tackle low-value purchases, leverage technology, streamline supplier relationships, and implement data-driven decision-making. Don’t let tail spend derail your budget and productivity—empower your organization with our expert insights and take control of your procurement today.

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CEO and Co-Founder at | Website | + posts

Hélène Laffitte is the CEO of Consulting Quest, a Global Performance-Driven Consulting Platform and author of “Smart Consulting Sourcing”, a step by step guide to getting the best ROI from your consulting. With a blend of experience in Procurement and Consulting, Hélène is passionate about helping Companies create more value through Consulting.

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