Companies are under pressure to root out bad behavior and promote positive cultures to enhance long-term value. Executives set the tone at the top, but increasingly directors are expected to understand, monitor, and influence company culture too. It…
Board and committee effectiveness, Board risk oversight, Working with the internal and external auditor
For several decades, business leaders have debated how to balance their responsibility to provide economic returns to shareholders against the concerns of a wide range of individuals and communities—broadly termed “stakeholders”—that have an…
Board and committee effectiveness, Boards and General Management
We are ten years out and it’s not entirely clear to me that people learned the lessons they needed to the last time. Have we really done all that we need to do to understand the risks we are taking on? Have we done enough in the non-financial risk…
Innovation and technology, Regulation and supervision, Risk management and oversight / Banking, Innovation and technology, Regulation and supervision, Risk management and oversight / Insurance and Asset Management
The Centers for Medicare & Medicaid Innovation (CMMI) recently released the draft for Oncology Care First (OCF), a new oncology payment model projected to launch in January 2021 as the successor to CMMI’s Oncology Care Model (OCM).
OCF affirms…
New payment models / Healthcare
Corporate leaders have always had to contend with disparate factors when making decisions about the future of their businesses. Recently, the debate has been about whether the primacy of shareholders or the integrated interests of all stakeholders…
Executive Compensation
Corporate leaders have always had to contend with disparate factors when making decisions about the future of their businesses. Recently, the debate has been about whether the primacy of shareholders or the integrated interests of all stakeholders…
Executive Compensation
Following a decade of massive post-crisis investment in regulatory compliance and risk management, banks are now identifying innovative improvements to the efficiency and effectiveness of their compliance efforts. An EY adviser said, “It’s an…
Innovation and technology, Regulation and supervision, Risk management and oversight / Banking
Digital transformation efforts in banking are increasingly about rethinking longstanding approaches and expanding into new business offerings and models for delivering existing and new financial services. New models, such as platform banking and…
Innovation and technology, Financial Strategy / Banking
The emergence and growth of a range of financial technology companies in businesses historically dominated by large incumbents has changed the financial services ecosystem. Although incumbents initially viewed fintechs as a competitive threat,…
Innovation and technology, Regulation and supervision, Financial Strategy / Banking
Privacy and data governance are critical issues for companies and their boards as they navigate challenges around data use. On one hand, companies enjoy a wealth of opportunities to capitalize on the data they obtain from customers, employees, and…
Board risk oversight, Corporate and board regulatory matters, Cybersecurity