The COVID-19 pandemic and its economic impact are once again raising questions about the state of enterprise risk management (ERM) in large global companies and the options for improving it. Like previous crises, this one is forcing companies and…
Board risk oversight
As the COVID-19 pandemic spread across the world, business leaders realized the need to rapidly adapt operations—supply chain, sales, communications, infrastructure, and more—and many have dramatically increased the pace of digital innovation as a…
Boards and General Management, Board risk oversight
Internal audit teams are responding to rapidly changing risk landscapes and control environments. Remote working conditions, shifts in operations imposed by the pandemic, accelerated digital innovation, and economic stress have introduced new risks…
Boards and General Management, Board risk oversight, Working with the internal and external auditor
Recent global protests have pushed diversity, equity, and inclusion (DE&I) to the top of board agendas. Corporate leaders are feeling pressure to turn anti-racism statements and commitments into concrete actions. During an October 5, 2020…
Board and committee effectiveness, Boards and General Management, Executive Compensation
The COVID-19 pandemic has served as an inflection point for the insurance industry, accelerating its digital transformation and forcing companies to consider new possibilities for the future of work. Insurers have rapidly scaled technology…
Innovation and technology, Financial services leadership and talent, Financial Strategy / Insurance and Asset Management
With the heightened urgency of climate risk, the public health and economic effects of COVID-19, and global demands for racial, social, and economic justice, the ESG conversation is now more vital and more complex than ever for leaders of large…
Conduct and culture, Governance, Financial Strategy / Banking, Conduct and culture, Governance, Financial Strategy / Insurance and Asset Management
On August 26th, 2020, fintech CEOs and other executives, bank executives and directors, and other industry participants convened virtually for the third Banking and Fintech Leadership Forum hosted by Tapestry Networks and LendIt Fintech.…
Innovation and technology, Financial Strategy / Banking
Members of the Cyber Risk Director Network met virtually on June 30, 2020, to explore the board’s oversight of data privacy, focusing particularly on strategy and reputational risk. They were joined by King & Spalding Partners Phyllis Sumner and…
Boards and General Management, Board risk oversight, Cybersecurity
As companies rapidly implemented remote work in response to the COVID-19 pandemic, they faced new security risks. Many will encounter additional threats as they reopen or move to hybrid environments. CRDN members met on July 2, 2020, to discuss how…
Boards and General Management, Board risk oversight, Cybersecurity
members of the Cyber Risk Director Network met on July 1, 2020, to explore threats that are incipient, already developing, or possible given existing technology (but may not yet have become pervasive). Members and experts discussed the nature of…
Boards and General Management, Board risk oversight, Cybersecurity