Remove assessment-testing
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Uncertainty Is All Around

Fpanda Club

In this case the first known/unknown stands for awareness, the second one - for the ability to accurately assess the level of risk. Risk identification and assessment are based on knowledge, thus, we are basically operating facts. Known knowns These are risks we are aware of, and they can be properly measured.

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Goodhart’s Law Explains School Decay

CFO News Room

In the context of education, Goodhart’s law predicts that when dry data, like test scores or school rankings, become the primary or proxy focus of education, the quality of actual learning suffers. Students rightly intuit that high test scores matter much more than learning and understanding the material.

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HR Involvement Early in M&A

VCFO

This happens because there’s a tendency for leaders assessing M&A deals to emphasize factors such as financials, market conditions, and competitive dynamics at the expense of other elements. The people elements and depth at which the HR professional will assess them change as the process progresses.

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To NPV or Not to NPV: That Is the Question

Fpanda Club

Facing highly uncertain innovation opportunities, companies tend to use ubiquitous NPV as an easy-to-understand analytical tool that can help quantify uncertain future and assess outcomes. However, cautious estimates of the future cash flows and oversimplified application of the tool itself lead to underinvestment in innovative projects.

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The promise of generative AI for cyber security

Future CFO

Threat detection and analysis Generative AI can be invaluable for proactively detecting vulnerability exploits, rapidly assessing their extent — what’s at risk, what’s already compromised and what the damages are — and presenting tried-and-true options for defence and remediation.

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How CFOs and businesses should mitigate cybersecurity risks in 2024

Future CFO

Independent tests and reviews. It’s important to look at its independent tests and reviews. The best cybersecurity firms want their products tested and are willing to share their findings. Organisations need to look beyond a service provider’s marketing campaign. Opt for quality over cost.

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Financial Planning for 2023 and Beyond: Steps to Nail Your Three Year Strategic Plan with Modern FP&A

Centage

If you want to put your business in the best position to succeed, it’s crucial to test beliefs and assumptions to see what’s likely to change moving forward. Test the impact of proposed scenarios and gain immediate insight into how your assumptions may affect your finances. Then you can adjust your policies as needed.