If the only tool you have is a hammer, every problem looks like a nail. The wisdom of this old adage is just as applicable in risk management as it is in life where the tool that organizations fixate most on is insurance. Once this fixation sets in, every risk issue (right or wrong) begins to...
These days, sustainable business practices are being implemented at every turn and by organizations of every size and industry. And it’s no wonder, since sustainability can improve operational efficiencies, lower costs, add value, enhance reputation, or present new growth opportunities—all...
Most experts agree the economy has turned the corner. With a soft recovery underway, Wipfli sat down with 13 leaders representing a range of industries—manufacturing and distribution, financial institutions, insurance, health care, and construction—to talk confidentially about their...
Since the enactment of the Foreign Corrupt Practices Act (FCPA) of 1977 and the recent 1998 amendments to anti-bribery provisions, much has changed for industry. Our world has gotten smaller, and companies that never dreamed of international commerce opportunities are now conducting business in...
Congress’ nonpartisan Government Accountability Office (GAO) recently revealed that half of U.S. employers didn’t know if they, or their plan participants, paid investment management fees for their 401(k), 403(b), profit-sharing, or other ERISA-covered retirement plans. Well they know...
Change is the only constant…but change is undeniably hard. To change successfully, organizations must overcome Newton’s laws or, rather, use the laws to their advantage. Technology and technology disciplines can help. Eight change-management steps can help ensure success.
By comparing insurance to manufacturing, companies can glean valuable insights on getting lean and agile with insurance product life cycle management.
Recently, my boss Steve and I were talking about his early career days with one of those Big 8, then Big 6, then Big 5, then Big 4...
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