11 Oct , 2018
Google’s Waze has been making waves by using its data about cars on the road to assemble the largest carpooling platform ever. This has the potential to disrupt Uber. On Waze, you can schedule a ride with a driver going the same direction as you. You can see reviews of riders, drivers, and make a […]
#app @microsoft, #driving, #masstransit, #transit, #transportation, 1-5, carpooling, cars, CTA, Data, DC, Digital Disruption, disruptor, featured, Ford, GM, Google, Honda, HOV, HQ1, Lamborghini, Mass Transit, Microsoft, NOVA, Toyota, Uber, VW, Waze
29 Oct , 2015
Risk Management Leadership Lesson: The Value of Trust in Operations In business and life, we grow to expect certain things. Namely, our society expects companies to produce products that are safe and reliable. We go to Yelp and rail against restaurants that do not meet our expectation for service. However, large firms, when caught red-handed […]
Big Data Risks, Crisis Management, Enterprise Risk, ERM, Leadership, Operational Risk, Reputation, Risk, Risk Class, Risk Management, Risk Management Training, Risk Strategy, Strategic Risk, Toyota, Volkswagen
2 Oct , 2015
Risk Management Leadership Lessons – Operations Are Improved when Leaders Welcome Bad News As the Volkswagen case unravels before our eyes, it plays out a familiar and repeated lesson on dealing with risk. This lesson is that early warning signs were available, but ignored. It appears that Bosch warned VW of the illegal diesel emissions […]
Big Data Risks, BP, Crisis Management, Cyber Risk, Data Breaches, Data Risks, Enterprise Risk, ERM, Leadership, NASA, Operational Risk, Reputation, Risk, Risk Management, Risk Strategy, Social Media Risks, Toyota, Volkswagen
22 Nov , 2014
A Q&A with Russell Walker about risk management Many people think about risk management as a defensive strategy, a tool for minimizing exposure to economic crises or public-relations blowouts. But Russell Walker, a clinical associate professor of managerial economics and decision sciences at the Kellogg School of Management, argues that businesses should be thinking about […]
Big Data Risks, BP, Crisis Management, Cyber Risk, Data Breaches, Data Risks, Demographics, Enterprise Risk, Enterprise Risk Management, ERM, Global Affairs, Global Strategy, International Business, Leadership, Operational Risk, Reputation, Risk, Risk Class, Risk Management, Risk Management Training, Risk Strategy, Social Media Risks, Toyota, Trust, Winning with Risk, Winning with Risk Management
22 Nov , 2014
Traditionally, organizations have viewed risk management as a corporate requirement, and have often positioned it along with audit and regulatory functions. Some have even empowered and titled corporate groups to “manage risk” along these lines. This charge has often revolved around managing insurance policies and reviewing reports from rating agencies, which suggests that risk management […]
Big Data Risks, BP, Crisis Management, Cyber Risk, Data Breaches, Data Risks, Enterprise Risk, ERM, Global Affairs, Global Strategy, International Business, Leadership, Operational Risk, Reputation, Risk, Risk Class, Risk Management, Risk Management Training, Risk Strategy, Social Media Risks, Strategic Risk, Strategy, Toyota, Trust, Winning with Risk, Winning with Risk Management
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Russell Walker helps companies develop strategies to manage Risk and harness value through Data Science and Big Data - Analytics, as Founder and Managing Director of Walker Bernardo, LLC.
Dr. Walker is Associate Teaching Professor of Marketing and International Business and Director of Experiential Learning in Analytics at the Foster School of Business, of the University of Washington, where he teaches course in Analytics, Marketing, Risk Management, and Digital Strategy.
Dr. Walker was previously Clinical Professor at the Kellogg School of Management of Northwestern University where be developed and led popular programs on Big Data and Analytics, Strategic Data-Driven Marketing, Enterprise Risk, Operational Risk, and Global Leadership.
In this blog, I share my ideas and research findings on various topics. This includes how companies can best leverage Big Data and Analytics for Data Monetization. I look extensively at Digital Strategy and how firms can created multi-sided business models. I share lessons in Risk Management and Global Insights. As an MBA graduate and MBA Professor, I offer my best tips on Leadership, Innovation, and Career Advice (for recent and not so recent graduates).
You will also find that in addition to these topics, I share ideas on Sports Analytics, Marketing to Hispanics, Food Production, the State of the Economy, Wisdom from Leaders and Presidents, Data Visualization, and my thoughts on successfully running businesses - both big (like Amazon) and small (like restaurants). These are all topics that interest me and reflect my curiosity and thoughtful reflection.
I hope you enjoy the blog. Please share your comments!