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Home   Membership   Education   Events   Resources   External Affairs      April 24, 2014

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The HR decision that could sink your business
The Huffington Post
Your human resources department plays a vital role in how your company gets things done. It makes sure you are staffed properly, that benefits are administered and many other important obligations are met in a timely manner. If the Heartbleed fiasco taught us anything, it's that there are myriad ways your company can be affected by security issues. Your HR department is vulnerable, too, and the most dangerous fallout comes increasingly from tax-related identity theft.
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Beware the rush to emerging markets
Like water breaching a dam, emerging-market investors are flooding back. The question is: Will they stay? Inflows into emerging-market funds hit a 61-week weekly high in early April, according to EPFR Global, a statistic made more remarkable by the year of negativity that preceded it. No longer dour, investors have engineered a performance improvement, too: The MSCI Emerging Markets Index has risen nearly 7 percent since mid-March.
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Social media strategies in recruiting, hiring pose legal risks for employers
Bloomberg BNA
Although social media websites have become powerful tools for recruitment and hiring, employers that rely too heavily on these channels to attract and screen talent might expose themselves to significant legal risks, employment attorneys and recruiting specialists told Bloomberg BNA in recent interviews. Those risks, they said, might manifest as civil rights complaints filed under Title VII of the 1964 Civil Rights Act, the Americans with Disabilities Act, and the Age Discrimination in Employment Act and/or similar state-based anti-discrimination laws.
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See related story: Avoiding PR disasters: Integrating social media into your communication plan (Forbes)

Workplace data privacy vs. security: The new balance
Dark Reading
Over the last 15 years, security interests have largely silenced the data privacy debate, leaving companies and employees around the world paying a high price. Today, this focus on security has created a backlash, one that some predict foreshadows a new balance in workplace privacy and security that will tilt more toward individual protection. But first, let's talk about the present. Individual privacy and security of the company network are under increasing distress for three main reasons.
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  Advanced Degrees in Health Care Transformation
The health care industry is seeking professionals with technology skills. According to the U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2012-13 Edition, nearly 200,000 professionals are needed in technology related health care occupations. Propel your career with a supportive, accredited online university. Focused on health care, American Sentinel offers management, informatics and technology degrees designed for busy professionals seeking relevant education. Your success is our passion!

Study: Louisiana workers comp costs higher than in most states
Business Insurance
Medical payments for injured workers in Louisiana were higher and growing faster than in most states, with payments per claim increasing more than 7 percent per year from 2006 to 2011, according to a study by the Workers Compensation Research Institute. The Cambridge, Mass.-based WCRI said average hospital outpatient payments per claim in Louisiana were $8,075 in the latest year of the study, more than $6,000 higher than California — the state with the lowest average hospital outpatient payments per claim — and more than $3,000 higher than the median for 16 states studied by the institute.
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Missed last week's issue? See which articles your colleagues read most.

    Corporate risk management goes digital (CorporateCounsel)
How to make unions an asset to workers compensation cost savings (
Cyber risks lurk far beyond organizations' own walls (Business Insurance)
Business continuity: Surviving the storm (Telecom Reseller)

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Sluggish economic recovery proves resilient
The Wall Street Journal
The recovery from the recession has been nasty, brutish and long. It also is shaping up as one of the most enduring. The National Bureau of Economic Research, the semiofficial arbiter of business cycles, judges that the U.S. economy began expanding again in June 2009, just over 58 months ago. That means the current stretch of growth, in terms of duration, is poised to drift past the average for post-World War II recoveries. Yet after almost five years, the recovery is proving to be one of the most lackluster in modern times.
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What does it mean to be a crisis ready organization?
Continuity Central
Most of the work done in the name of crisis management is in fact crisis preparedness. "Are you ready to face the worst?" is a question that boards ask, regulators ask, governments ask and investors ask. They want to know that an organization and its senior management are in an advanced state of crisis preparedness. The following looks at how an organization can become "crisis ready."
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Looking for similar articles? Search here, keyword(s): Crisis management.

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Sustainability practices: An indicator of risk
The insurance industry faces increasing complex challenges. The nature of risk has changed significantly over the past decade, due to emerging sustainability risks that carry big economic, environmental and societal consequences. Accounting for these risks is critical for enterprise risk managers and insurers to be successful.

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Risk assessment vs risk management: What's the difference?
Fresh Plaza
The decision to separate the tasks of risk assessment and risk management just over a decade ago has transformed the safety of Europe's food. And while there is wide recognition that this change has strengthened the safety of the food chain, uncertainty can still exist over the difference in roles and responsibilities of risk assessors and risk managers.

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Can you afford the risk?
In 2013, 80 percent of supply chain leaders had a material supply chain disruption. It was not just one. The average company had three. Yet, in a study that was just completed at Supply Chain Insights, when asked about business pain, supply chain risk rates low. How come? It is new.

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Teen stowaway raises questions about airport security
VideoBrief If a teen carrying nothing but a comb can do it, who else could breach airport security and hop aboard the bottom of a plane? That's the question many are asking after a 15-year-old boy sneaked into the wheel well of a Boeing 767 and flew from San Jose, California, to Maui, Hawaii. Immediately after the incident became known, many pointed the finger at the Transportation Security Administration. In cases like this, security responsibilities lie not just with the TSA, but also with airport and city police.
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MSHA issues new coal dust limits for miners
The Courier-Journal
Almost two decades after the move was recommended, federal regulators recently set new limits on the amount of coal dust underground miners can be exposed to — but retreated from original plans to cut the exposure level in half. Excessive exposure to high levels of coal dust causes black lung disease, which results in disabilities and early death. Large amounts of coal dust also are an explosion hazard. Joseph Main, head of the federal Mine Safety and Health Administration, said that with the changes, "we are finally moving forward to overhaul an outdated program that has failed to adequately protect miners from breathing unhealthy levels of coal mine dust and achieving the intent of Congress to eliminate black lung disease."
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Energy market has bright future, despite bad news
These seem like dark days for energy trading and risk management. But amid grisly headlines of poor liquidity and banks beating a retreat from the market, it's a good time to take stock. Oil is the world's most heavily traded commodity, but even a mere 30 years ago, it lacked the gargantuan financial interest it enjoys today. Back then, markets in other energy commodities were even less developed; the idea of traded natural gas and electricity markets seemed little more than a pipe dream. During the ensuing decades, that all changed, with the influence of derivatives and financial risk management becoming stronger and energy market liberalization taking hold across Europe and the U.S.
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Colby Horton, Vice President of Publishing, 469.420.2601
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