Remove Economics Remove Forecasting Remove Risk Analysis Remove Risk Management
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Uncertainty Is All Around

Fpanda Club

Various types of uncertainty can be well illustrated by the so-called Rumsfeld matrix widely used in risk analysis and risk management. From the FP&A’s standpoint the level of awareness and the level of accuracy can be used as these dimensions and then incorporated into forecasting and analysis.

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Reframing financial uncertainty with data and AI

Future CFO

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right? "I

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2:00PM Water Cooler 11/3/2022 | naked capitalism

CFO News Room

From the eighteenth century onward, the increasing complexity of economic and political institutions and the increasing abstraction of governance has tended to diffuse impunity from individuals to impersonal forces like “markets.” Employment Situation: “United States Initial Jobless Claims” [ Trading Economics ]. Rule #2. * * *.

Economics 130
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Supplier Risks And Confronting Supply Chain Unknowns

PYMNTS

. “You never know what you don’t know,” as Paul Blake, senior manager of technology product marketing at procurement software firm GEP , put it. Sure, a corporation with complex international supply chains can never exactly forecast the socioeconomic or environmental factors that could impact business.

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A New Reality For Supplier Risk Management

PYMNTS

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. “Before, companies would think they needed to assess risk once a year,” Frank said.