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Today’s enterprises must identify, manage and mitigate a range of critical risks that, if activated from potential to realized, can do much more than damage a quarter or wreck fiscal year: it can hurl them into the dustbin of business history. According to Hyounsik Noh, a graduate student in Enterprise Risk Management at Columbia University, here are three critical risks that today’s enterprises face and, ultimately, must overcome to ensure both near-term success and long-term survival:

1. The Journey to Digital Transformation

Digital transformation is generally defined as an integration of digital technology across all areas of an enterprise, and which fundamentally shift how it operates and delivers customer value and experience. …


While the Chinese economy is still surging at around 6.5 percent annually — which is the kind of growth that most other countries would be delighted to experience — it is about half the rate that the country has been enjoying for more than two decades. And while nobody is yet predicting a Chinese version of the Great Recession, there is widespread belief within China’s leadership and across the international commercial landscape that things are going to get worse before they get better.

According to Hyounsik Noh, a graduate student in Enterprise Risk Management at Columbia University, a slowdown in the Chinese economy can influence the U.S. …


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We are already a few months into 2019, and it is safe to declare that when it comes to the U.S. economy, the defining theme for this year is: volatility. Indeed, everything from a tense trade war with China, tariff battles with Canada, Mexico and the EU, to the Brexit fiasco — and the list goes on — portends that, as the saying goes: “we will live in interesting times.”

However, while the only certainty on the economic landscape is change, that does not mean we cannot make intelligent forecasts. According to Hyounsik Noh, a graduate student in Enterprise Risk Management at Columbia University, here are three predictions for the U.S. …

About

Hyounsik Noh

Hyounsik Noh otherwise known as Andrew Noh is an Enterprise Risk Management Masters Student at Colombia University in New York, NY.

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