Risk management functions within financial services organizations are primarily concerned with cybersecurity and data-related risks at their firms, according to the EY and Institute of International Finance (IIF) eighth annual global bank risk management survey of Chief Risk Officers (CROs): Restore, rationalize and reinvent: a fundamental shift in the way banks manage risk. Cybersecurity has … More Digital transformation and cybersecurity are top concerns of CROs
Originally published to betterworkingworld.ey.com. Crowd-solving participants at the EY World Entrepreneur Of The Year Forum™ advise on how best to get ready for the future workplace. These are uncertain times for employers and employees alike. Employers are struggling to define the workforce of the future; employees are worried that the workforce won’t include them. There … More How can you prepare now for the work of the future?
When it comes to merger integration, convergence matters Leaders in the technology, media and entertainment, and telecommunications (TMT) sectors understand the challenge of creating long-term value from M&A, and likely are aware of a recent acquisition that failed to fully achieve pre-deal expectations. As the nature and purpose of TMT dealmaking evolves, corresponding changes to … More Merger integration in a converging world
The global medical technology (medtech) industry grew by 5% in 2016, a pace last seen before the financial crisis. This strong performance was fueled by mergers and acquisition (M&A) and portfolio optimization strategies, as well as continued focus on capital efficiency and research and design (R&D) investments, according to Pulse of the industry, the 2017 … More Global medtech revenue bounces back, though focus on sustainable growth must continue
Read the full press release here. Business confidence is high among European middle-market organizations, despite geopolitical uncertainty within and outside Europe, demographic shifts and rapid digitization across sectors according to the EY Growth Barometer: Europe. The study reveals that almost four in ten (38%) European middle-market companies are targeting current year growth of 6% to … More European middle-market organizations forecast their growth to outpace the eurozone over next 12 months
By Laurence Buchanan, EY EMEIA Advisory Digital Leader – as first published on betterworkingworld.ey.com We might think we’re living in an era of rapid transformation, but in reality we’ve only had a taste of the explosive changes that advances in multiple fields have yet to bring. There is so much more to come in disciplines … More Eight lessons that entrepreneurs can learn from digital leaders
Global M&A activity among telecommunications (telco) companies reflects the ongoing transformation impacting the sector in response to increasing competitive intensity, evolving consumer behaviors and disruption from so-called “over-the-top” (OTT) players, which deliver audio, video or other media over the internet without the involvement of a multiple system operator in the control or distribution of the … More Data privacy considerations in telecommunications M&A: do you know your risk?
The globalized and diverse workplace of today brings many persons together coming from very different backgrounds, cultures, and religions. The freedom to practice one’s religion is a constitutional or legislative right in many countries around the world. When it comes to the workforce and the workplace, these issues may raise some concerns for employers. Indeed, … More Labor & Employment Law Strategic Global Topics – Summer 2017 edition: Religion in the workplace
Read the full report here. A number of social, economic and technological trends are working together to disrupt mobility. The automotive industry, in particular, is experiencing a massive amount of change. In the not-too-distant future, fully autonomous vehicles will be the norm rather than the exception, redefining urban mobility as we know it — and … More The evolution in self-driving vehicles: Trends and implications for the insurance industry
Read the full report here. The last decade has seen software buyers express ever-increasing preference for purchasing software as a service (SaaS). Most new entrants in the software space have been SaaS-native, but what about the thousands of software vendors that started out with traditional licensing models? How can they transition to SaaS? Where on … More Crossing the chasm: Lessons learned in transitioning to the SaaS business model