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7 Risk Management Best Practices: A Guide for Global HR

Globalization Partners

Like most areas of business, global human resources (HR) teams face common risks that they must learn to navigate at each stage of the employee lifecycle – from recruitment to offboarding. We’ll start by setting out what we mean by risk management before collating a list of seven best practices. What is risk management?

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The synergy between UEM and medical device risk management

IBM Services

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

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Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

Watch the webinar, Transforming to Thrive: Building Winning Operating Models Amid Disruption Across Industries , to learn about trends impacting enterprises across industries, such as healthcare, life sciences, insurance, and banking and financial services?

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Navigating the Evolving Private Equity Landscape: Driving Value from Technology and Collaborative Ecosystems | Blog

Everest Group

Regulatory compliance – With stricter regulations, the due diligence required before making investments has become more complex and thorough. Sectors such as technology, healthcare, renewable energy, and consumer goods are particularly attractive due to their growth potential and resilience to economic downturns.

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Preparing for the EU AI Act: Getting governance right

IBM Services

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. The EU AI Act aims to meet the challenge to develop and deploy AI responsibly across industries including those that are highly regulated such as healthcare, finance and energy. million euros or 1.5%

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Outsourcing Product Recall Management – Transforming Challenges into Growth Opportunities

Premier BPO

Recall Index report, 2024 has already seen 2,454 recalls in key sectors such as automotive, consumer goods, and healthcare. 2 Besides stringent financial implications, brands risk losing years of consumer trust, damaged customer retention, and long-term profitability losses. According to the U.S.

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Cloud Migration Role in Digital Transformation: The Strategic Roadmap

Amzur

Example: A healthcare organization assesses its legacy electronic health record (EHR) systems and identifies outdated hardware and software that hinder performance and scalability. Risk Management Objective: Identify potential risks and develop mitigation strategies. cost savings, agility, innovation).