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Cut bribery-prevention costs
CFO Magazine
Most companies operating in the global arena are familiar with the ongoing regulatory enforcement of anti-bribery and corruption statutes. But confusion still reigns over how best to implement a robust, risk-based compliance program that provides the best possible protection at a cost that fits within a company's budget.
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Determine your company's real risk appetite
IDG News Service
Most security veterans have seen, or directly experienced, instances of company leadership nodding absently when asked to acknowledge risks, then reacting with complete surprise when a negative event actually occurs. Conversely, many security experts can also recount cases where the company was not taking on enough risk to achieve its aggressive business goals. It's hard to implement business-appropriate security controls without a clear understanding of how much risk, and what kinds of risk, the business is willing to accept. The solution is an accurate formal picture of risk appetite.
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5 laws every crisis manager needs to know
Business 2 Community
While you hope you'll never be called on to implement the crisis management plan you created, the reality is you probably will. And when crisis hits, it's not the time to discover that something critical was left out of the plan, not considered, or thought to be someone else's responsibility. Crisis management involves a multitude of disciplines. In trying to control the public perception during an organizational crisis, having a little bit of legal knowledge can be the difference between fueling the fire or beginning the first steps to extinguishing it. While there are many different laws, knowing a little about the following five laws will allow you to approach most situations with a more tailored plan.
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Bernanke warns $85 billion spending cuts to slow economic recovery
The Hill
Federal Reserve Chairman Ben Bernanke warned Congress risks slowing the economy by allowing $85 billion in automatic spending cuts to be triggered sooon, arguing they should be replaced with more deliberate, long-term cuts. In testimony for the Senate Banking Committee, Bernanke argued the sequester would create a "significant headwind" for the economic recovery.
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Weather, riots and horsemeat: What's next for the uncertain supply chain?
International Supermarket News
Contingency planning and thorough processes are the key to avoiding supply chain turmoil says Richard Powell, managing director at leading end-to-end supply chain consultancy, Crimson & Co. The recent horse meat scandal has brought supply chain, and more specifically, procurement to the forefront of business leaders minds, leaving them questioning why these issues occur in the first instance, and what can be done to mitigate against these in the future.
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Related: 7 tips to manage a food manufacturing crisis (Food Manufacture)


TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

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An executive order to prevent discrimination against LGBT workers (Center for American Progress)

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Mobile management shifting toward the enterprise
GCN
Although use of mobile devices continues to gain rapid acceptance by the general public and government agencies, BYOD security remains a work in progress, as enterprises look for a mobile device management system that would focus on securing the network, not just devices.
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Executive pay votes may be harming shareholders
The New York Times
The new "say on pay" rules enacted as part of the Dodd-Frank Act were put in place to try to make executive compensation more accountable and transparent to investors. However, as we enter this year's proxy season, it appears as though corporate advisers rather than corporate shareholders are reaping the benefits of the new rules.
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4 lawsuits just waiting to happen
MeetingsNet
In today's litigious society, virtually any adverse occurrence could result in a lawsuit. Savvy meeting professionals need to make risk management techniques as much a part of their portfolio as meeting management skills. The following are four common potential lawsuits and what you can do to mitigate the damage.

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How not firing employees can get you into legal trouble
HR Morning
Nobody likes firing people. But sometimes, the gyrations managers go through just to avoid the uncomfortable termination confrontation can jump back and bite you. The following are a few of the less overt firing mistakes companies commonly make.

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Risk management expert says 5 issues could make next airline crash worst ever
PRWeb
Omega Systems Group Incorporated Chairman Vernon Grose, a former member of the National Transportation Safety Board, applauds recent advances in airline safety but warns that serious risks still exist. He points out four differences between "safety" and being "risk-free" and identifies five serious issues that could easily make the next crash the worst ever, exceeding 1,000 deaths.

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Breaking the 'fraud triangle' at your business
North Bay Business Journal
Fraud schemes may vary from business to business. However, they have three elements in common: motivation, rationalization and opportunity — "the fraud triangle." How can small business owners implement reasonable internal controls to remove opportunity from the fraud triangle to reduce their risk of fraud? It may not be as hard as you might think. The following are some simple, low-cost suggestions to implement in your business to reduce your risk of fraud.
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Do's and don'ts for documenting employee discipline
HR.BLR.com
Decisions to terminate or impose employee discipline are often closely scrutinized; be sure to have your documentation in order to stand up to this scrutiny. If you don't have evidence to back up your decision, you could face penalties and even lawsuits charging discrimination.
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Emerging markets are reshaping world trade
Fox Business
With developed countries like the U.K., Europe and the U.S. saddled by debt and hampered by austerity, the global economy continues to be driven by rapid growth and development across Asia and Latin America. "Rapid industrialization and increasing wages, coupled with maturing consumer demand in many of the countries along the South-South corridor are driving different types of global trade growth," said James Emmett, global head of trade and receivables finance at HSBC. "Emerging markets are developing at a phenomenal pace and are set to reshape world trade patterns over the next 20 years," said Emmett.
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Colby Horton, Vice President of Publishing, 469.420.2601
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