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4 steps to improving your ESG risk management to increase financial performance

IBM Big Data Hub

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today. Collaborate with suppliers.

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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

Management consulting firm AArete has been using other gen AI to do just that for about a year. “We At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications.

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Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. The calculation methodology and query performance metrics are similar to those of the preceding chart.

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5 signs your agile practices will lead to digital disaster

CIO Business Intelligence

Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams. He recommends that leaders identify a metric that focuses on value to the customer.

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Examples of sustainability in business

IBM Big Data Hub

Sustainable businesses keep track of these metrics to be more proactive with their sustainability efforts. With deep industry expertise, ecosystem partnerships and proven methods, our sustainability consulting advisory services guide clients on best practices and the competitive advantage of their journey to become a sustainable enterprise.

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How to build a successful procurement strategy

IBM Big Data Hub

Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. These metrics should align with the defined business objectives and provide quantifiable benchmarks for evaluating performance. Provide necessary training to ensure procurement success.

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How to build a successful risk mitigation strategy

IBM Big Data Hub

The only thing left to do is to let the risks play out and monitor them continuously. An organization is always changing and so are business needs; therefore, it’s important that an organization has strong metrics for tracking over time each risk, its category and the corresponding mitigation strategy.

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