News
New Issue of Viewpoint Magazine Now Available
August 25, 2009 at 12:56 PM EDT
Media Contact
Email:media@mmc.com
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The Hard Part: Strategy Execution — Bridging the Gap Between Vision
and Reality — As many companies move from defense to
offense in the current economic environment,
Mark Nadler ofOliver Wyman Delta cautions senior leaders with six stumbling blocks that may appear when launching a new strategy initiative, with suggestions on how they can be overcome. -
Combating Pay Equity Risk in a Recharged Climate; Pay
Discrimination Suits in a
New Era of Federal Scrutiny — In light of new legislation – such as the widely heraldedLilly Ledbetter Fair Pay Act – and increased regulatory scrutiny, companies must be more proactive in assessing potential issues of compensation equity.Michael Burniston andBrian Levine of Mercer’s Human Capital business discuss the issues and offer seven principles that can help companies mitigate the risk of pay discrimination and the resulting reputational damage. -
Confronting Fraud in a Downturn; Old Scams and Evolving Risks — The
global economic downturn and uncertainty in market conditions have
created an environment that both exposes existing financial scams and
engenders new frauds.
Richard Abbey ,Alan E. Brill , and Brian G. Lapidus of Kroll take a close look at the manifestations of fraud in the current environment and suggest how companies can protect themselves, including detecting and investigating malfeasance. -
Enterprise Risk Management Did Not Fail in 2008; Look Deeper for
the Underlying Causes — While even the most carefully planned ERM
implementations were unable to fully protect insurers’ balance sheets
from the dual pressures of financial and property catastrophes in
2008,
Donald Mango , Chief Actuary ofGuy Carpenter & Company , argues that the rush to blame ERM is hasty and overlooks several factors. Where ERM appears to have failed, the underlying causes were deep seated; in some cases the holistic approach to risk management meant insurers were beaten but not broken. -
Risk Management and Economic Change; A Catalyst for Re-evaluating
Business Preparedness, Mitigation and Response —
Gary S. Lynch of Marsh Risk Consulting’s Supply Chain Risk Management Practice takes a look at how organizations confronted with disruptive change in the current economic environment need to move quickly and efficiently to counteract the damage, basing their actions on an effective plan that takes the potential effects of change into account.
MMC is a global professional services firm providing advice and
solutions in the areas of risk, strategy and human capital. It is the
parent company of a number of the world’s leading risk experts and
specialty consultants, including Marsh, the insurance broker and risk
advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the
provider of HR and related financial advice and services;
Source:
MMC
Patricia Gatto, 212-345-5485
patricia.gatto-puglia@mmc.com