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Jan. 14, 2014


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How to mitigate risks in your supply chain
By Sasha Viasasha
If there were no risks, there would be no rewards. Yet customers do not pay for explanations. They demand a steady supply of goods no matter what your individual risks are. Although risk is just part of the equation when it comes to logistics, successful companies are able to minimize risks by planning for the unexpected. From weather to world events, there is a great deal of volatility at every step along a complex supply chain.
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US economic growth outlook brightens
Fox Business
After years of lackluster growth that was continuously threatened by political and external events, the risks to the U.S. economy finally appear to be firmly on the upside. In recent days, investors learned that private-sector employment soared by 200,000 for the third month in a row and the U.S. trade deficit shrank to levels unseen in four years thanks to soaring energy exports. Combined with relative quiet on the fiscal front, the upbeat economic headlines have prompted forecasters to ramp up growth estimates.
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Corporate BYOD puts client data at risk
Blogger News Network
Mobile device use in workplaces is increasing — and so is its associated security risks. Current security measures are lagging behind the increased rate of mobile device use in the corporate realm. One study not only showed that a lot of company information was left on handsets, but personal information as well was left on, putting employees at risk for personal compromises.
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New year, new natural disaster emergency plans
The National Law Review
Along with January renewals and analyzing whether existing policies offer sufficient coverage, the new year is a perfect reminder to review company-wide emergency plans. While 2013 may have been a relatively light year for catastrophe losses, there's no reason to assume 2014 will be, too. The following infographic from Boston University's Masters in Specialty Management identifies the risks of natural disasters and how to update plans to handle any emergency.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Crisis can strike any company, so plan your response (Tallahassee Democrat)
Reducing risk for better supplier management (EE Times India)
Mitigating the risks of social media apps on employee devices (Midsize Insider)

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The growing problem of technology risk
AllAboutAlpha
Asset managers are certainly no strangers to market risk. Yet when it comes to the risks that IT can present to the business, some firms haven't given technology the weight that it's due. As technology becomes both more pervasive in the industry and increasingly complex in nature, companies are compelled to add another component to their risk management programs.
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Looking for similar articles? Search here, keyword(s): Business technology risks.






Study: Senior managers pose greatest risk to cyber security
Fox Business
A new study shows senior managers account for some of the greatest security risks because they are prone to take work, and thus security vulnerabilities, home with them. While all levels of in-office employees tend to exude high-risk behaviors while working from home, senior managers admitted to doing it more readily.
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PCS triggers used in $2.8 billion of catastrophe bond issues in 2013
Artemis
Over the course of 2013 the volume of catastrophe bonds issued which utilized data from Property Claim Services within their triggers totaled $2.8 billion, accounting for nearly 40 percent of risk capital issued. Based on PCS’ calculation of total catastrophe bond issuance, which only includes natural catastrophe bonds and excludes some privately transacted deals, the total issuance level in 2013 was $7.2 billion.
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FEATURED ARTICLE
TRENDING ARTICLE
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Resist the rise of the risk management machines
Risk
Overreliance on modern risk management systems, and metrics such as value-at-risk, can blind firms to tectonic structural market shifts. To help alleviate this problem, the use of human judgment and intervention is required.

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Companies need to be more aware of risk
The Wall Street Journal
The year now ending has already seen its fair share of corporate scandals, sending shudders and shock waves through stock markets.

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How workplace gardens improve employee wellness
By Jasmine A. Koster
Employees with access to a workplace garden reap the benefits. Not only do they have greater availability of healthy produce, but they also have access to a meditative space of nurturing calm.

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Facebook snooping on job candidates may backfire for employers
Scientific American
It's 2014, which means that Facebook will be 10 years old this February. Since the site launched it has become standard procedure for companies to screen job candidates based on their social media profiles. A recent study, however, suggests that the practice may actually drive away qualified applicants who feel that their privacy has been compromised.
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How companies face up to human trafficking risk
The Wall Street Journal
The growing complexity of supply chains and greater focus on the issue by regulators, human rights organizations and some federal and state governments have made this a heightened risk for companies. To address it, some have turned to supplier codes of conduct, which according to consulting firm Red Flag Group have become more exacting.
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Colby Horton, Vice President of Publishing, 469.420.2601
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