No Reward Without Risk: Your Company in the Digital Economy

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9 • 108 Ratings

🗓️ 26 July 2017

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

The buzz: "You always miss 100% of the shots you don't take" (Wayne Gretsky). Despite headlines about companies that make regulatory missteps and have lax internal controls, many are still playing catch-up to grasp pitfalls in the business environment. In contrast, risk-aware organizations frame risk as an enabler of business performance vs containing it, and embed risk management in day-to-day. If you're one of the former, can technology – cloud, analytics, robotics – help gain a competitive edge via effective risk management? The experts speak. Ben Zimmerman, EY: "The biggest risk is not taking any risk...in a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks" (Mark Zuckerberg). Brian Ocampo, EY: "Data is the sword of the 21st century, those who wield it well, the Samurai (Eric Schmidt). Kevin McCollom, SAP: "Test fast, fail fast, adjust fast" (Tom Peters). Join us for No Reward Without Risk: Your Company in the Digital Economy.

Transcript

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0:00.0	The following program is being brought to you on the Voice America Business Channel.
0:05.2	For more information about our network and to check our additional show hosts and topics of interest,
0:09.8	please visit VoiceAmerica Business.com.
0:12.7	The Voice America Talk Radio Network is the worldwide leader in live internet talk radio.
0:17.7	Visit voice America.com.
0:19.6	The views and ideas expressed on the following program are strictly those of the host or guests
0:24.2	and do not necessarily reflect the views and ideas held by the Voice America Talk Radio Network,
0:29.5	its staff, and management.
0:45.0	Welcome. Welcome to the most nutritious hour of business talk all week.
0:48.9	This is Coffee Break with Game Changers, presented by SAP.
0:51.4	The best run business is Run SAP.
0:54.3	Your host and moderator is Bonnie D. Graham. You'll hear from the innovators who have learned to use game-changing technologies to shake up
0:58.5	the status quo and help move today's businesses in new directions.
1:02.2	Now, here's Bonnie D. Graham.
1:04.4	Welcome, welcome, welcome.
1:05.8	If you want to run with the game changers, you are in the right place.
1:09.1	We always say it, we mean it, and we think it's true.
1:11.8	Let's see what the buzz is today. I want to say the word on the street, but instead I think I'm
1:16.0	going to say the word on the ice. Let me tell you why. I have a quote from Wayne Gretzky. You
1:20.8	probably heard it many times, but it's very apropos to our topic today in a kind of a weird way, kind of a long-distance way.
1:28.4	The quote is, you always miss 100% of the shots you don't take.
1:33.9	Just let that sink in.
	...

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