As we reach the final stages of 2020, it is fair to say it has been one of the most challenging years for the global subsidiary governance industry. Not only has regulatory complexity continued its upward trajectory, but almost all businesses have been faced with the prospect of moving to a fully remote environment in a very short space of time.

Data is an omnipresent feature of all our lives. Over the last 30 years, as technological advancement has rapidly increased, so too has our approach to data management and analytics. Put simply, the companies with the ability to utilise data in the most effective way have a significant advantage over their competitors, as data feeds into key decision-making, enhancing the process and allowing businesses to make smarter and more informed decisions.

Knowledge management (KM) is broadly defined as a system or process of capturing, distributing, and effectively using information about and a company’s corporate practices. An effective KM framework allows organisations to increase operational efficiency, create value and achieve its strategic goals, with KM principles utilising digital collaboration channels to drive the way organisations manage data, projects and learning.

As we enter the second half of the year, it is a good moment to reflect on the tireless work of our global team in pioneering the emerging discipline of Entity Portfolio Management (EPM).