Cybercrime is estimated to cost the world trillions of dollars annually,1 and even companies with the best preventative measures in place are vulnerable to cybersecurity breaches. “This is a fundamental, existential risk to enterprises. The entire…
Board and committee effectiveness, Board risk oversight, Cybersecurity
Complex information technology (IT) projects, such as upgrading legacy systems, migrating infrastructure and data to the cloud, or integrating major systems in the wake of a merger, present major challenges for all companies. Such projects might be…
Board risk oversight
Insurance industry participants are exploring new methods of risk transfer. These methods have grown and developed in significant ways during the last two decades; they have the potential to provide financing for new classes of perils and to expand…
Governance, Innovation and technology, Risk management and oversight / Insurance and Asset Management
“The conversation has really changed in the past year. The board
needs to truly understand critical business services both for the
bank and the market.”
— Participant
Customers’ increasingly demanding preferences and the evolving competitive…
Financial cybersecurity, Innovation and technology, Regulation and supervision / Banking
The financial services industry is still in the relatively early stages of a period of significant change. New business models, technologies, and competitors are changing the landscape for incumbents and fintech challengers alike. Increasingly,…
Innovation and technology, Financial Strategy / Banking
“There have been many attempts by banks to rebuild systems, but
I think we’re in a different place now. New possibilities are on the
table.”
— Participant
Customers’ increasingly demanding preferences and the evolving competitive landscape are…
Governance, Innovation and technology, Regulation and supervision / Banking
Hiring and firing a CEO is a core board responsibility and one that most directors are likely to encounter multiple times during their careers. Nevertheless, CEO transitions remain a persistent challenge for boards, with existential repercussions…
Boards and General Management, Board risk oversight, Cybersecurity / Insurance and Asset Management
The Centers for Medicare and Medicaid Services (CMS) has recently reiterated its commitment to transition more providers to two-sided risk alternative payment models (APMs). Ever mindful of CMS’s direction and leadership in payment reform,…
New payment models, New regulatory and reimbursement approaches, Precision medicine and diagnostics, Health system readiness / Healthcare
Effective management transitions are critical to a company’s long-term success. The desire to create more opportunities for high-potential managers requires Compensation Committee Leadership Network (CCLN) members and their committees to consider…
Cybersecurity, Executive Compensation
In recent years, innovation and disruption have become among the most discussed terms in banking. Some technologies, like distributed ledger technology and new applications of artificial intelligence threaten to replace or at least reshape the roles…
Innovation and technology, Regulation and supervision, Financial Strategy / Banking