Nir Kossovsky, CEO of Steel City Re

“With a record number of CEOs losing their jobs last year, and the number of reputation-based lawsuits over board-level oversight surging, corporate leaders clearly need a preemptive reputational risk management strategy.”

PITTSBURGH (PRWEB)
October 02, 2019

Although the reputations of companies and their leaders are more vulnerable than ever, there are seven practical steps they can take to forge reputation resilience, reports a white paper https://steelcityre.com/wp-content/uploads/2019/10/Pub-0036-Reputation-Risk-Management-Checklist-20191001.pdf from Steel City Re, which provides insurances and reputation risk governance advice.

“With a record number of CEOs losing their jobs last year, and the number of reputation-based lawsuits over board-level oversight surging, corporate leaders clearly need a preemptive reputational risk management strategy,” says Steel City Re CEO Nir Kossovsky.

“Ninety percent of the S&P 500 refer to reputation in their SEC filings as a material risk – but most never describe their strategy for mitigating it,” says Kossovsky. And yet, says Kossovsky, most corporate leaders do not fully appreciate that reputation risk is actually the peril of angry disappointed stakeholders. It is not a marketing problem. “When boards disclose reputation as a material risk without truly understanding it or appropriately mitigating it as a governance and operational problem, they are putting themselves and their companies in even greater peril.”

Milestones on the road to corporate reputational resilience lay in a seven-point checklist, cited in Steel City Re’s latest white paper:

1.    The board of directors comprehends the true nature of reputational risk – economic damage and go-forward losses resulting from the behaviors of angry and disappointed stakeholders, as opposed to merely negative media coverage.

2.    A board committee oversees the corporation’s enterprise-wide policies, practices and procedures that mitigate and manage reputational risk.

3.    Senior management sets appropriate stakeholder expectations by bridging risk management and marketing silos—so that aspirational messaging doesn’t outpace actual performance.

4.    Treasury understands the peril is to cash flows rather than balance sheet and is prepared to fund reputation losses with insurance captives or risk transfer solutions.

5.    Risk management continually assesses stakeholder expectations, taking into consideration rapidly changing cultural and political events, and has a clear understanding of the full spectrum of operational and financial strategic options to manage and mitigate potential losses from those perils.

6.    The company deploys preemptive, simple, easy to understand expressive risk management strategies such as warranties and insurances to inform and substantiate the marketing department’s messaging. Communications activities support risk management with signals of governance integrity.

7.    Key stakeholders appreciate and value the company’s enterprise-wide mitigation and governance efforts.

Steel City Re

Steel City Re, backed by Tokio Marine Kiln, provides advisory services and reputation insurances. The company pioneered synthetic measures of reputational value that inform its solutions. These measures are also used by Wall Street for equities arbitrage strategies, Lloyd’s and other insurers for both parametric risk transfer and insurance captive compliance.

Through its advisory services, it deploys state-of-the-art reputation risk governance and enterprise risk management solutions, and models potential losses. Its risk financing and risk transfer services comprise pricing and underwriting support for insurance captives and risk transfer

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Enterprise Data World

the most necessary education for enterprises, as it offers a unique and comprehensive Data Management program.

SAN DIEGO (PRWEB)
October 02, 2019

DATAVERSITY Education, LLC and DAMA International announced the agenda and opened registration today for the 24th annual Enterprise Data World Conference (EDW). The event will be held March 22-27, 2020, at the Sheraton Hotel & Marina in San Diego, Calif. For more details about the program, speakers, registration options, and venue, visit http://enterprisedataworld.com.

Last year, over 1,000 business and IT professionals attended this six-day event, which DATAVERSITY CEO and program chair Tony Shaw describes as “the most necessary education for enterprises, as it offers a unique and comprehensive Data Management program.” Industry experts from around the world will present workshops, tutorials, seminars, case studies, and five-minute “lightning talks” on a variety of topics, including Data Strategy, Data Modeling, Metadata Management, Business Intelligence and Analytics, Data Governance and Quality, Data Architecture, and much more. New content tracks for 2020 event include Data Literacy, Human Factors, and Digital Transformation.

EDW is certified by DAMA International and satisfies the continuing education requirements for the Certified Data Management Professionals (CDMP) credential, which was established in 2004 as the gold standard for measuring accomplishment in the Data Management field. CDMP training and testing will be available at this year’s conference. The schedule can be found at edw2020.dataversity.net/cdmp.

Confirmed sponsors for EDW 2020 include Data Advantage Group, erwin, FairCom, IDERA, Innovative Systems, Octopai, ADRM Software, Ataccama, Experian, Melissa, PoolParty, Stardog, TopQuadrant, Data Governance Professionals Organization, Global Data Strategy, GraphGrid by AtomRain, LeapAnalysis, The Data Administration Newsletter, and Texas A&M University.

About DATAVERSITY

DATAVERSITY is a producer of educational resources for business and information technology professionals on the uses and management of data. Our team strives to provide high-quality content to the worldwide community of practitioners, experts, and developers who participate and benefit from our face-to-face hosted conferences, free online conferences, live webinars, white papers, online training, daily news, articles and blog posts, and much more. For more information, please visit https://dataversity.net.

About DAMA

DAMA International is the Global Data Management Community and is governed by an Executive Board and an Advisory Board consisting of recognized leaders in the field of information management. DAMA produces an annual Symposium that is the premier event in the arena of Data and Information Management. DAMA annually honors individuals who have distinguished themselves in the area of data and information management with the DAMA Achievement Awards. For more information, please visit http://dama.org.

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Chris Werner, HMAC in Harrisburg, PA

My goal is to help make Harrisburg a thriving music scene and put us back on the map. This is my destiny, and I won’t stop until we achieve what we’re setting out to accomplish.

HARRISBURG, Pa. (PRWEB)
October 01, 2019

Even when Chris Werner was grading papers and teaching youngsters as a public school teacher in York, PA, his dream was “always to operate a music venue.” Now, the 42-year-old entrepreneur’s wish is a reality. The life-long York County resident is the newest investor in the Harrisburg Midtown Arts Center (HMAC), along with his two partners, Chuck London, a former network TV producer and executive; and Javier Diaz, an investment banker and businessman who recently purchased the live music venue and arts center located at 1110 N. 3rd Street in Harrisburg.

“Music was always an interest of mine because of my father Craig,” said Werner. “He taught me all about rock ‘n roll since I was a kid and has been my biggest supporter. I intended to be a DJ, but I did the ‘right thing’, went to college, got a master’s degree in education from York College, taught elementary school for 12 years, but all the while I was completely obsessed with live music.” After teaching class, Werner says he would go to concerts in New York, Philadelphia and Washington DC to see live performances. He admits that he graded papers at concerts, and might have been a little bleary-eyed during a few early morning lessons, but was having a blast burning the candle at both ends like many 20-somethings do. “I always had an obsession with meeting the artists. I would do anything possible to meet the bands when attending shows, and then I started collecting their autographs.” That obsession eventually turned into a business when Werner started selling autographed memorabilia for profit. “I quickly realized there was a market for that, and I had amassed an amazing collection of autographs from artists that I had accumulated throughout my life.” In 2011, Chris was able to quit his day job (teaching) to focus solely on his passion, and decided to launch Lifetime of Autographs, which is considered one of the top music memorabilia businesses in the U.S. (or world?).

Werner recalls the first time he stepped into HMAC. It was to see Bob Mould, known for his alternative rock bands Sugar and Husker Du. “I immediately fell in love with the venue, the vibe the different types of people. Back then, it was just Stage on Herr — a small room with church pew seating. I saw massive potential in the space, and when I was presented with the opportunity to become an investor last spring, I decided to leverage everything to finally live my dream of owning a live music venue.”

“HMAC is not a typical music venue,” added Werner. “We can accommodate 1,000 revelers in the Capitol Ballroom. We’re constructing amazing green rooms and expanding with an additional state-of-the-art stage, which I’m certain will be one of the best nightlife attractions in Harrisburg when it’s completed in early 2020. We curate so many different genres of music at HMAC, which is what makes the venue so special.” In addition to music, Werner envisions hosting weddings, community outreach events, charity balls, performance art and even professional wrestling events. “My hope is that HMAC will be the epicenter of live arts in Harrisburg — the place where everyone wants to go and feels comfortable. My goal is to help make Harrisburg a thriving music scene and put us back on the map. This is my destiny, and I won’t stop until we achieve what we’re setting out to accomplish. I didn’t choose this life, it chose me.”

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“Our customers are truly at the forefront of the digital transformation of the customer relationship and this event creates an opportunity for them to connect and share,” said Mike Orr, COO and co-founder of Grapevine6. “I’m excited to see them all in one room!”

TORONTO (PRWEB)
October 01, 2019

Grapevine6, a mobile-first, enterprise content engagement platform for digital selling, will host a two-day client symposium, October 2 -3, 2019, in Toronto’s Distillery District. During the event, Grapevine6 will welcome more than 40 social selling experts from North America’s largest financial services firms to discuss the future of social sales engagement.

“Our customers are truly at the forefront of the digital transformation of the customer relationship and this event creates an opportunity for them to connect and share,” said Mike Orr, COO and co-founder of Grapevine6. “The best part of my job is working with the smartest leaders in digital and sales. I’m excited to see them all in one room!”

The two-day event will include presentations, panel discussions and interactive sessions from leading digital transformation and social selling subject matter experts. Topics include: maximizing ROI; building an authentic content strategy; managing risk; influencing and supporting your field force and measuring success.

“We are thrilled with the outstanding response we’ve received for this inaugural event,” said Avi Pollock, president of Grapevine6. “The symposium will offer attendees a firsthand look at the trends and unique challenges faced by top financial services firms who are succeeding in the social engagement space.”

Interested in learning more? Follow Grapevine6 on LinkedIn, Twitter, Facebook, or Grapevine6.com and be the first to hear key insights from the conference.

About Grapevine6

Grapevine6 is a patented social and digital sales engagement platform that accelerates sales and marketing efforts. Launched in 2013, Grapevine6 uses artificial intelligence to provide the content that moves sales opportunities through the pipeline in a more efficient and effective way. Grapevine6 solves the content challenges faced in deploying employee advocacy, content marketing and social selling, and works with existing sales and marketing investments to increase ROI. The company was recently designated a Leader by Forrester in The Forrester New Wave™: Sales Social Engagement Tools, Q2 2019. Headquartered in Toronto and led by an award-winning team of engineers, Grapevine6 is now powering the global social selling program at some of the largest technology and financial services companies in the world. For more information visit Grapevine6.com.

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