Insights

Once Bitten, Twice Shy: Due Diligence on Third Parties

History shows that mismanagement of third-party ethics and compliance risks may cause significant damages for companies. By taking lessons from old mistakes, you get plenty of reasons to take preventative, detective and monitoring actions in managing your third-party risks.
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It is Your Call Whether to Prevent Fraud Losses or to Say “Kiss It Goodbye”!

Fraud prevention initiatives aim to minimize the likelihood of fraud occurring while maximizing the possibility of detecting any fraudulent activity. If the defense mechanism is well established, then perpetrators most often feel uncomfortable and get the feeling of being ...
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Capture Rhythm and Defend Your Company: The Three Lines of Defense Model

Every year, huge number of organizations experience new scandals, frauds, compliance and governance failures. Disastrous consequences of such massive corporate collapses “as a victim of inadequate corporate governance” have once again demonstrated the importance of a systematic risk management and control approach.
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Data Quality: A Part of Corporate Culture

Quality and efficiency of data analysis process largely depends on “data quality”. Today’s trend of enlightenment on the importance of data and high expectations from data analysts to add value to an organization remains unsupported without accurate, complete, consistent, valid, unique and timely data structure.
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Creation of Value Through Data Science: A Note to Future Data Scientists

Without a proper understanding of business, the results of a data analysis remain useless. That’s the main challenge of future data scientists. Coordination with business, understanding of main trends and constant improvement is key success factors initiating the creation of value through data science business.
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Go Global, Think Global!

Expanding internationally in today's globally interconnected world is far easier than it used to be. Planned correctly, your enterprise can achieve in the international market. Focusing only on the domestic market may increase your risk exposure as a consequence of downturns, political factors...
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What is the Purpose for the Corporation?

Business world seeks a new purpose for the corporation because the answer to the question “How well does the capitalism serve society?” seems to be pretty embarrassing.
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