On December 19, 2014 the Prudential Reporting Authority (PRA) published an update letter from the PRA’s Insurance Directors for all Solvency II-affected firms. The implementation date for Solvency II is set for January 2016. Insurers can now actively resume their efforts to become compliant with this long awaited regulation. Solvency II is aimed to establish…
I try to be positive. I really do. But yesterday…
When it comes to dealing with the Department of Labor, there is only one prudent approach
Risk Management & Process Management
I can’t imagine any company that doesn’t assess their risks. I am sure that there are thousands of ways companies assess risk. However, if companies are not in medical manufacturing they likely won’t have a documented procedure for managing risk.
By now you’ve heard of SaaS (software-as-a-service) and PaaS (platform-as-a-service), but how about CaaS – Crime-as-a-Service?
Make it so, Number One.
Recognize whether your organization needs to make major infrastructure changes, and get the ball rolling if it does.
By Timo Elliott, from: http://timoelliott.com/blog/2014/07/cartoon-the-perils-of-business-innovation.html
How much of your business performance (profit) is driven by external factors versus internal? A figure of 85% compared to 15% was mentioned at last month’s Manufacturing Analytics Summit, and although I could not find the study mentioned to confirm, it feels about right to me. Certainly more than half, right? So, how much of yourdashboard reporting and KPI metrics incorporate external data?
Opinions Are Good. Data is Better.
By Timo Elliott, from: http://timoelliott.com/blog/analytics-cartoons