9 Jan , 2016
Risk Predictions for the New Year and Interesting Business Cases in 2016 With 2016 just about a week old, I would like to share some risk issues that are interesting to consider in 2016. Federal Reserve Interest Rate Increase Although delayed many times, the Federal Reserve did finally increase the benchmark interest rate. However, inflation […]
Chipotle, Crisis Management, Deflation, economics, Enterprise Risk, ERM, featured, Federal Reserve, gas prices, Global Strategy, GM, interest rates, ISIS, Leadership, NFL, Operational Risk, Predictions for 2016, Rate Increase, Risk, Risk Management, Risk Strategy, Tesla, Underemployment, Unemployment, VW, Winning with Risk
10 Oct , 2015
The Volkswagen case shows us a contemporary case of what can go dramatically wrong when an enterprise does not focus on its operational risk. Worse, it shows what happens when a lack of leadership and presence of cheating overtake the virtues and values of the firm. Operational risk is a major concern for many firms […]
Big Data Risks, Crisis Management, Cyber Risk, Data Breaches, Enterprise Risk Management, ERM, Operational Risk, Reputation, Risk, Risk Class, Risk Management, Risk Management Training, Risk Strategy, Social Media Risks, Winning with Risk, Winning with Risk Management
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
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 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!