By Scott Fenstermaker "Hydra, springing from whose single body were fashioned a hundred necks, each bearing the head of a serpent. And when one head was cut off, the place where it was [...]
As published in Commercial Risk Risk management budgets are likely to increase following Covid-19, but investment in the same old frameworks will mean many companies remain inadequately prepared for the next unexpected event, according to [...]
As published in Corporate Risk and Insurance In a time fraught with world-changing risks, many businesses are naturally looking to upgrade their risk management capabilities. Increasing the budget allocated to risk management is just [...]
Global Risk Register, November 4, 2020 U.S. regulators have hit Citigroup with a $400 million fine because it failed to address long-standing deficiencies in its risk and control systems and has been told to [...]
How to build an organization in which everyone incorporates risk considerations into every decision—and why that’s crucial to long-term success. By Roger Dunkin | September 21, 2020 The Internal Revenue Service launched a new [...]
With the uncertainty of a global pandemic, hurricane season, and more, CEO Jim Wetekamp shares his thoughts on how organizations are handling multiple crises, and what we can expect for the future in this article [...]
By Scott Fenstermaker “It’s all chance, chance rules our lives. Not a man on earth can see a day ahead, groping through the dark.” -- Jocasta (denying the oracle’s warning), Oedipus the King [...]
By Jim Wetekamp As published in Industry Today With manufacturers just starting to recover from pandemic-related shutdowns and supply-chain challenges, few are preparing for a second wave. Would you be ready now to handle [...]
Organizations have a choice for the post-pandemic era – return to business as usual or get smart and learn from their mistakes. Getting your crisis response plan right is even more essential when you consider [...]
How you communicate in a crisis can influence the outcome nearly as much as the crisis itself. In the ensuing chaos, it’s easy to lose sight of the long-term consequences of whatever you say. But [...]
Facts make the difference between being confident in decisions made during a crisis and reacting in the heat of the moment. Take advantage of this relative calm within the storm to build competencies you wish you’d [...]
The secret to crisis resiliency is preparedness. Taking time in advance to examine potential issues and craft a crisis plan is critical to a quick response once the real thing hits. Here is a checklist to help you hone your plan [...]
