5 Elements of Strategic Thinking Capabilities

As a plan fiduciary, plan sponsors must operate their plans exclusively for the benefit of participants and beneficiaries. They can be held personally liable for failing to fulfill their fiduciary obligations to their plan participants and, potentially, face costly civil and criminal penalties. Plan sponsors can never shed themselves fully of fiduciary responsibility with respect to their plans, regardless of the type or number of service providers they may enlist. The question then becomes, is there a way for plan sponsors to manage the scope of their fiduciary liability?

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The recent disruptions at the Panama Canal have painted a grim picture for global trade and transport. With historic droughts and rising sea temperatures impeding shipping routes, industries relying on timely shipping, such as relocation, face unforeseen challenges.

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In today’s evolving business landscape, diversity, equity, and inclusion (DEI) have become urgent priorities for organizations worldwide. Recognizing the need to address DEI challenges, companies are increasingly leveraging data analytics and reporting to gain valuable insights into their workforce and drive meaningful change. Here’s a brief description of how we use DEI analytics and reporting to address systemic biases and build inclusive workplaces.

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