This blog post outlines four adaptive strategies for mission-driven organizations to effectively manage financial challenges, including prioritizing unrestricted funding, leveraging Enterprise Performance Management (EPM) tools, ensuring accurate budgeting and reporting, and implementing robust procedures and succession planning to enhance financial health and maximize societal impact. Clarendon Partners offers tailored services to support organizations in building resilience, achieving growth, and ensuring profitability.

Our Risk Practice Leader, Hauke Schupp, shares key insights from a recent Stanton Chase fireside chat on "AI Readiness." In this detailed summary, Hauke covers crucial aspects such as AI strategy, governance, talent management, and data strategies.

The recent events within the financial markets with the 2nd and 3rd largest bank failures in US history have demonstrated the importance of strong, capable, and consistent Risk Management practices across the Financial Services sector at big banks as well as mid-size and emerging firms. While larger firms and big banks have invested in building Risk Management capabilities including Risk Analytics and Risk Intelligence mid-size, regional, and emerging firms may not have the capacity to compete for the right resources to build Risk Management as a strategic partner for the firm's Executive Team and Board of Directors.