Punitive fines, litigation settlements, customer remediation, and other costs flowing from non-financial risk management failures are often waived off as “costs of doing business.” But many are now prioritizing the development of reliable metrics that would offer disclosable leading indicators of these financial risks so that they may be addressed proactively.
Observations
Jan 31, 2025Late last year, EY published its 2024 Global Corporate Reporting Survey, which found that 96% of finance leaders were concerned about the integrity and reliability of nonfinancial data, and pointed to the promise of AI in restoring trust to corporate reporting.
Observations
Jan 03, 2024ICYMI: In an article published late last year, MIT Senior News Editor Beth Stackpole examines how companies are utilizing AI to help develop new key performance indicators (KPIs).
Compendium
Jun 07, 2023