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Winter Journal

Volume 27, Issue 1

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Jon Seals

"Well, it will never happen!" is an underlying rationale when nonprofits fail to engage in risk management practices.

When "it" does happen, leadership's first question often is "Can we (translated: ‘me') be sued?"

At this point their question is neither timely nor relevant. The relevant question is whether the party harmed can recover from the nonprofit. The answer often confirms the "ounce of prevention" principle. To prevent harm and to minimize its impact requires an effective risk management strategy.

...

http://www.philanthropyjournal.org/resources/managementleadership/risk-management-everyone%E2%80%99s-ounce-prevention

What if you could look over the shoulder of every one of your customers as they used your mobile apps, web pages, kiosks, and other digital channels? What could you learn? How might you use what you learn to dynamically adjust your digital experiences?

In the days when web applications were king, this type of insight was doable with simple web analytics and similar tools. Today, continual experience optimization is much more difficult because of:

...

http://blogs.forrester.com/randy_heffner/13-07-23-digital_customer_experiences_integration_opens_a_world_of_optimization_possibilities

Yesterday Intel had a major press and analyst event in San Francisco to talk about their vision for the future of the data center, anchored on what has become in many eyes the virtuous cycle of future infrastructure demand – mobile devices and “the Internet of things” driving cloud resource consumption, which in turn spews out big data which spawns storage and the requirement for yet more computing to deal with it. As usual with these kinds of events from Intel, it was long on serious vision, and strong on strategic positioning albeit a bit parsimonious on actual future product information with a couple of interesting exceptions.

Content and Core Topics:

Demand side drivers – No major surprises here, but the proliferation of mobile device, the impending Internet of Things and the mountains of big data that they generate will combine to continue to increase demand for cloud-resident infrastructure, particularly servers and storage, both of which present Intel with an opportunity to sell semiconductors. Needless to say, Intel laced their presentations with frequent reminders about who was the king of semiconductor manufacturing.

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http://blogs.forrester.com/richard_fichera/13-07-23 intel_lays_out_future_data_center_strategy_serious_focus_on_emerging_opportunities

July 23, 2013

All Hail the Data

A report from the National Insurance Crime Bureau (NICB) has revealed that insurance claims resulting from hailstorm damage in the United States increased by a whopping 84 percent from 2010 to 2012.

In 2010, there were 467,602 hail damage claims filed, but by 2012 that number had jumped to 861,597.

All told, over two million hail damage claims were processed from January 1, 2010 to December 31, 2012, the NICB said.

Perhaps not surprisingly the top five states generating hail damage claims during this period were Texas (320,823); Missouri (138,857); Kansas (126,490); Colorado (118,118) and Oklahoma (114,168).

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http://www.iii.org/insuranceindustryblog/?p=3331

CIOSoftware defined networking is one of the most misunderstood concepts in infrastructure computing. It's a phenomenon that's growing in relevance, but it's still mysterious to many CIOs, particularly those who were not reared in overly technical practice. Many myths still surround SDN. What exactly is the notion behind the technology? How can you apply SDN at your business? And how can your organization benefit from it.

Software-Defined Networking Basics

Essentially, SDN takes the virtualization phenomenon that's been sweeping datacenters around the globe for the past several years and extends it from computing hardware and storage devices to network infrastructure itself. By inserting a layer of intelligent software between network devices (such as switches, routers and network cards) and the operating system that talks to the wire, software defined networking lets an IT professional or administrator configure networks using only software. No longer must he travel to every physical device and configure—or, in many cases, reconfigure—settings.

SDN achieves the same abstraction that hardware virtualization does. With hardware virtualization, the hypervisor inserts itself between the physical components of a computer (the motherboard, main bus, processor, memory and so on) and the operating system. The operating system sees virtualized components and operates with those, and the hypervisor itself translates the instructions coming to these virtualized components into instructions the underlying physical hardware can handle.

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http://www.cio.com/article/736739/What_CIOs_Need_to_Know_About_Software_Defined_Networking_

TRENTON, N.J. -- From Liberty State Park in North Jersey to Lucy the Elephant at the Shore, the state has a wealth of historic sites along the coast that have weathered the whims of Mother Nature for many years. Some, like Lucy, are more than 100 years old.

These important historic sites require protection both before and after a disaster, when any damage that has occurred needs to be repaired in a historically and environmentally sound way.

FEMA’s Environmental Planning and Historic Preservation Cadre (EHP) plays a critical role in helping municipalities and agencies understand the importance of compliance with environmental and cultural regulations so they may make informed planning decisions when repairing or rebuilding a damaged historic site.  

EHP provides expertise and technical assistance to FEMA staff, local, state and federal partners, and applicants who are tasked with the challenge of preserving historic, cultural and natural aspects of our national heritage. They help applicants understand what is required under the law and how best to meet these requirements. 

FEMA’s goal is to ensure that when FEMA funding is to be made available for the restoration of historic sites, all applicable federal, environmental and cultural statutes are identified and met.

The EHP program integrates the protection and enhancement of a state’s environmental, historic and cultural resources into FEMA’s mission, programs and activities.

Typical environmental and historic preservation laws and executive orders that may apply to an historic restoration project include the Endangered Species Act, the Clean Air Act, the Clean Water Act, the National Historic Preservation Act, and floodplains, wetlands and federal executive orders such as Environmental Justice. Also included are state historic preservation offices.

In a continuing partnership with local and state governments, FEMA seeks, through funding grants, to help states recover from a presidentially declared disaster and EHP is careful to advise all applicants to recognize environmental concerns in order to avoid project delays and permit denials while preserving and minimizing effects on New Jersey’s environmental and historic resources.

FEMA's mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Follow FEMA online at www.fema.gov/blog, www.twitter.com/fema, www.facebook.com/fema, and www.youtube.com/fema. Also, follow Administrator Craig Fugate's activities at www.twitter.com/craigatfema.

http://www.fema.gov/news-release/2013/07/22/role-femas-environmental-and-historic-preservation-unit-disaster

Large companies have the resources and the incentive to implement risk management systems. With the increase in compliance by medium and small-sized companies, chief compliance officers and internal auditors are developing and implementing risk management systems. I have never been a fan of complicating or confusing compliance and risk management. After all, risk management naturally belongs in the compliance program functions. Creating a whole new risk management function separate from compliance makes no sense.

With this caveat on the structure and operation of a risk management system, I believe that companies should conduct risk assessment and management strategies. When I use the terms risk assessment and management systems, I am referring to overall organizational risks, including business and operational risks, not a specific anti-corruption risk assessment.

A basic risk management system can be developed through an annual collaborative process which requires the participation of all senior management, as well as mangers in each business unit/product or service line. Essentially, a senior risk management group should be charged with the responsibility of identifying the most significant risks facing the organization.

...

http://www.corporatecomplianceinsights.com/risk-management-systems-the-new-frontier

Company’s 90th Patent Detects and Fixes Errors without Terminating Connections for Constant, Reliable SAS Connectivity

 

LONGMONT, Colo. – Dot Hill Systems Corp. (Nasdaq: HILL), a leading provider of SAN storage solutions, today announced it has patented a method for achieving greater data availability and reliability for Serial Attached SCSI (SAS)-based storage systems. The technology has been incorporated into the Dot Hill AssuredSAN™ 3000 Series storage arrays, helping to maintains constant, reliable SAS connections between storage systems and host servers.

“The slightest interruption to data can be deadly for many businesses. Backed by a growing portfolio of patented technologies, Dot Hill AssuredSAN storage solutions achieve 99.999 percent availability so organizations can rest assured they have round-the-clock access to their data,” said Ken Day, chief technology officer, Dot Hill. “This latest innovation uses the inherent capabilities of SAS technology to produce higher availability in storage systems, supporting Dot Hill’s relentless pursuit of a better customer experience.”

 

Dot Hill's 90th U.S. patent, numbered 8,458,527, maintains SAS connectivity to storage arrays and JBODS by detecting and remediating errors without terminating communications. The invention takes advantage of various link operating speeds supported by SAS standards, and attempts to transmit at lower link speeds if a detected error count reaches a predetermined threshold. Each link can be monitored and adjusted independently, taking local transmit and receive conditions into account. The invention continues to monitor link errors continuously, and can shift to a higher link speed if certain conditions are met.

 

Advantages of this invention are improved system reliability (by attempting to transmit/receive at a lower speed, instead of simply terminating communications on links with errors). This also improves data availability since in most cases data will still be accessible even with link errors. The invention provides a resilient system since link speeds can be increased under certain conditions.

 

Dot Hill’s development efforts have resulted in numerous patent awards for its technologies. Dot Hill's intellectual property, demonstrated by its extensive patent portfolio, stands on three pillars of innovation which, when combined, provide a complete platform for addressing customers' storage needs. These pillars include software, platforms and systems, which combine to create advanced SAN storage.


About Dot Hill

Leveraging its proprietary Assured family of storage solutions, Dot Hill solves many of today’s most challenging storage problems – helping IT to improve performance, increase availability, simplify operations, and reduce costs. Dot Hill’s solutions combine breakthrough software with the industry’s most flexible and extensive hardware platform and automated management to deliver best-in-class solutions. Headquartered in Longmont, Colo., Dot Hill has offices and/or representatives in China, Germany, India, Japan, Singapore, the United Kingdom, and the United States.

 

For more information, visit us at www.dothill.com.

 

Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. Because such statements are subject to risks and uncertainties, actual results may differ from those expressed or implied by the statements. For a discussion of risks and uncertainties that Dot Hill may face, please consult the Forms 10-K and 10-Q most recently filed with the Securities and Exchange Commission by Dot Hill. Forward-looking statements speak only as of the date they were made and Dot Hill undertakes no obligation to update such statements to reflect changes in circumstances.

OLD LYME, Conn. – Sennheiser, a leading provider of premium headset solutions, today releases PRESENCE™ Mobile Series, a solution for the business professional requiring outstanding sound quality and HD voice clarity – whether around the office, in the car or outdoors. Building on Sennheiser’s 70-year legacy of sound leadership, the innovative new SpeakFocus™ and WindSafe™ technologies provide the user with a rich communication experience in noisy environments – both indoors and outdoors.
 
As business professionals increasingly work from locations away from the office, they are still expected to be accessible on the go and require technology they can rely on in any environment. Sennheiser has answered these customer needs by introducing a premium mobile headset that combines outstanding sound quality and a slim discrete design.
 
PRESENCE™ Mobile Series is equipped with Sennheiser HD voice clarity that allows users to enjoy a superior listening experience. Sennheiser has invested tremendous effort in ensuring that both parties on a call can hear each other clearly. PRESENCE™ Mobile Series headsets are equipped with three digital microphones and the new SpeakFocus™ technology that detects the user’s voice and filters out background noise, allowing phone calls in noisy environments and providing listeners with a crystal clear sound experience.
 
WindSafe™ technology reduces wind noise effectively, reducing one of the biggest sources of annoyance for the listener at the other end of the line. It does so by choosing the best mix of the three microphones and processes the sound to determine the optimal way to balance and enhance the voice of the user.
 
PRESENCE™ Mobile Series has been designed for Unified Communications professionals. The solution consists of a headset and a USB dongle that allows for a plug & play experience with computers – switching seamlessly between a mobile phone and the Unified Communications client. PRESENCE Mobile Series is also optimized to be used with Microsoft Lync™.
 
PRESENCE™ Mobile Series features up to 10 hour’s talk time, increased range of up to 25 meters when used with the dongle and highly intuitive operation, for example with an on/off power slide and voice prompts for the user on the move.  While feature-packed, the headset’s slim iconic design and short aluminum microphone boom arm represents the ultimate in discretion for business professionals. PRESENCE™ Mobile Series, is also equipped with the uniquely patented ActiveGard® hearing protection system to safeguard users against hazardous incoming noises that can be dangerous to hearing.
 
Andreas Bach, President at Sennheiser Communications said: “With the evolution of the modern enterprise towards more flexible, agile working practices that allow people to work remotely and across multiple locations, there is a need for a high-quality headset solution that can meet these demands. PRESENCE™ Mobile Series incorporates Sennheiser’s latest innovations – the SpeakFocus™ and WindSafe™ technologies – providing users with outstanding sound quality and performance they will appreciate wherever they are.”
 
The Sennheiser PRESENCE™ headsets will be available August 1, 2013.
 
For more information, please visit sennheiserusa.com.
 
About Sennheiser
The Sennheiser Group, with its headquarters in Wedemark near Hanover, Germany, is one of the world's leading manufacturers of microphones, headphones and wireless transmission systems. In 2011 the family company, which was founded in 1945, achieved a turnover of around 531 million euros. Sennheiser employs more than 2,100 people worldwide, and has manufacturing plants in Germany, Ireland and the USA. The company is represented worldwide by subsidiaries in France, Great Britain, Belgium, the Netherlands, Switzerland, Germany, Denmark (Nordic), Russia, Hong Kong, India, Singapore, Japan, China, Canada, Mexico and the USA, as well as by long-term trading partners in many other countries. Also part of the Sennheiser Group are Georg Neumann GmbH, Berlin (studio microphones and monitor loudspeakers), and the joint venture Sennheiser Communications A/S (headsets for PCs, offices and contact centers).

You can find all the latest information on Sennheiser by visiting our website at www.sennheiserusa.com.

Pushing compliance responsibilities closer to the front lines of a business can help make the overall process of enterprise risk management more efficient and less painful, but without proper planning it can also create new challenges. When processes are adopted or updated, critical compliance tasks may be inadvertently mitigated or cancelled without anyone understanding the impact on the company.

The challenges and benefits of well-planned compliance program execution are discussed in a new book, Enterprise Compliance: The Risk Intelligent Approach from Deloitte‘s Governance, Risk and Compliance Services. The book is organized around three main components of creating a compliance culture—starting with assessing the environment that drives an organization’s compliance risk and requirements and then continuing to the execution and evaluation phases. It also features important questions boards should be discussing with management and discussing among themselves. This article, the second in a series of three, addresses the seven components that comprise the execution aspects of compliance programs. The first article looks at the three facets that shape an organization’s compliance and risk environment: its industry, geography and emerging issues.

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http://deloitte.wsj.com/riskandcompliance/2013/07/22/compliance-risk-management-executing-the-program/

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