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International trade often relates to the trade of goods. But, trade also – increasingly – refers to services. Consulting, accounting, finance, advertising and insurance are just a few U.S. businesses within the services sector that enjoy a trade surplus. Kristie Briggs, PhD, professor of economics and director of Creighton’s Doctorate in Business Administration (DBA) program, discusses how services trade has become increasingly important to the U.S. economy.
Enterprise Risk Management (ERM) is an integrated and continuous process for managing enterprise-wide risks through a governance framework structure, which drives organizational maturity towards a performance-based ERM model. Ed Horwitz, Ph.D., CFP®, FBS®, ChFC, CLU, CSA defines risk management, outlines its purpose and summarizes how to make risk management actionable.
When the Dow Jones is taking a nose dive, how do you keep your composure and rely on rational reasoning rather than emotional reaction? Brad Klontz, PsyD, CFP, associate professor of practice in financial psychology and behavioral finance at Creighton University’s Heider College of Business studies psychological biases in financial investment behavior. He offers seven tips to avoid financial ruin.
The dramatic workforce shift from office to home has necessitated an accelerated understanding of conducting business remotely. Follow these tips from professor Cindy Corritore, PhD to ensure your online team meetings are effective and engaging for everyone.
Despite having the necessary skills, many women opt out of leadership positions due to social, religious or cultural norms, creating a vacuum in the global economy and leaving us with one very important question: How can female leaders thrive, persevere and compete? The answer lies in resilience, and building resilience requires fostering wellness and self-care.
Resilience is our ability to recover quickly from difficult situations and “rise up” through adversity. Fortunately, is not an innate characteristic, but can be cultivated and taught. Learn how you can improve your resilience by investing in growth, curating your “circle”, knowing your purpose and feeling comfortable with the uncomfortable.
The path to becoming a Chief Risk Officer (CRO) within an organization is not always quick or straight-forward, but with the right educational background and a risk management mindset, the role can be filled by individuals from finance, accounting, operations, compliance and everything in between.
“Uncertainty” has become the new buzz word of the COVID-19 pandemic. It seems like the more we read, hear and say the word uncertainty, the more worried and less certain we become. Resiliency, on the other hand, seems to conjure up feelings that are opposite to uncertainty. To be resilient is to have the ability to bounce back during times of difficulty.
Disruptive pandemic risk arrived just as Chief Risk Officers (CRO’s) were getting their Enterprise Risk Management (ERM) frameworks and governance models in place. The result is that the venerable Risk Appetite Statement (RAS), which serves as the guiding risk governing document, has probably exceeded many key risk indicator (KRI) threshold levels. Read more to learn about the strategic and policy related issues that need to be addressed.
Public health promotes and protects the health of people and the communities where they live, learn, work and play. Hear from Dr. LaShaune Johnson on how individuals who work in public health aim to prevent illness, promote wellness and encourage healthy behaviors, particularly in unprecedented times like that of the pandemic.