This message contains images. If you don't see images, click here to view.
Advertise in this news brief.




Advertisement
Text Version    RSS    Unsubscribe    Archive    Media Kit |   RIMS Marketplace:      

Home   Membership   Education   Events   Resources   External Affairs      May 15, 2014


Run Away From Old Technology

Get a risk management work platform that can handle today's needs and tomorrows growing business demands.



Specialty Property and Casualty Programs and Products

meadowbrook.com


Anonymous Risk Voting Tools

Sharpe Decisions® Executive Workshop® Risk Voting Tools allow for Anonymous Voting, Instant Reporting and Heatmaps.

 



Return on investment: Enterprise risk management
ebizQ
Many business cases for enterprise risk management programs begin with what senior management can expect in terms of return on investment. While ROI may not be the best indicator of ERM success (it's tough to quantify the monetary value of risks you've mitigated), there are simple and direct steps you can take to demonstrate the efficiency your program will gain through the implementation of an ERM system.
   Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE  




TXU bankruptcy holds lessons for risk managers
Risk
Risk management is as much about social engineering as it is about financial engineering. A successful risk manager has to understand the culture of their organization, as well as the typical behavioral biases of the individuals within it. The bankruptcy of Energy Future Holdings — formerly known as TXU — should act as a warning to risk managers, who must be alert to excessive self-confidence and a failure to deal with unpleasant or inconvenient facts.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


SPONSORED CONTENT


Writing a business succession plan
Forbes
When people talk about business strategy, you hear about financing, brand extensions or partnerships. But what about the simple question of continuity? Many entrepreneurs have the vision to build and run a strong company, but fail to take key steps to secure the company's future. A succession plan is something every strategic business should have, and should be written and set aside long before you need it.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE
Looking for similar articles? Search here, keyword(s): Business continuity.


PRODUCT SHOWCASE
  ClaimsVision®
SaaS delivered web-based claims management platform

Robust claims platform driven by a user configurable unlimited hierarchy and business rules that puts best practices into action.

New York ● Los Angles ● 212.425.9200 ● pcisvision.com ● info@pcisvision.com
 


Supply chain risk 'varies wildly in the developing world'
Business Reporter
The Chartered Institute of Purchasing & Supply's Risk Index showed that businesses need to recognize weak links in their supply chains and work to make them stronger. Supply chain risk reached its highest ever level last year, and has continued to grow since the economic crisis, the organization said. It added that Russian energy exports "continue to undermine the security of international supply chains".
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE




A better way to realign your staff
By Michael J. Berens
In times of crisis or organizational change, leaders often resort to restructuring as a means of revitalizing an organization. This usually involves tinkering with the boxes on the organizational chart to accommodate a few key personnel and then funneling the rest of the staff into various slots that may or may not provide a good fit. Sometimes the process results in greater productivity and efficiency. Sometimes it creates confusion and discontent. Restructuring can be a useful and necessary step. Often, though, what's needed is not changing the organizational chart, but realigning staff into the right roles.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


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

    Where there is risk, there is risk management (Yahoo News)
Mental Health Week: Taking action in the workplace (Benefits Canada)
How social media has hugely influenced corporate governance (Management Today)
Risk managers mull how to talk to a CFO (CFO Magazine)

Don't be left behind. Click here to see what else you missed.


  FEATURED COMPANIES
QBE Diversifies

Expand your opportunities with a company that offers a diverse and specialized North American insurance portfolio, including Property & Casualty, Crop, Program & Specialty, Financial Services and Reinsurance.
MORE
The Kingstree Group New Product
Introducing 'Generations', Kingstree's new elder care management program designed to help meet the needs of aging loved ones. Contact GENERATIONS@Kingstree.net for more information! MORE


Deloitte survey: Organizations in need of data analytics
Supply & Demand Chain
As complexity in global supply chain networks continues to increase, less than one-third (26 percent) of business executives are using data analytics tools and processes to help manage third party relationship risks, according to a new Deloitte survey. Thirteen percent of those surveyed are still learning how to use analytics software and 22 percent use no data analytics at all.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


SPONSORED CONTENT


Social media woes and the risks of trend following
Price Action Lab
Trend-followers in social media stocks and ETFs that did not apply prudent risk and money management schemes are risking going into the red. The dynamics of the uptrend and of the decline that followed did not leave any room for naive trend-following profits. This is an example of why equity trend-following is very hard.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Advertisement
PRODUCT SHOWCASE
  Experienced Insurance Counsel
MMM is a full service law firm with a strong national presence in insurance, corporate and regulatory matters. Our attorneys are experienced in all matters related to the industry from the creation of insurance companies and captives to liquidation of entities. We also represent an array of insurers/reinsurers in complex litigation and arbitration matters.
 


FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
Save money by managing IT risk
TechRepublic
There is an old axiom — time is money. Nowhere is that more true than in the corporate world, where hours can exponentially add up to dollars spent. However, an often overlooked component of the time equals money equation is risk, and risk comes in all forms, ranging from business decisions to information access.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
Risks with 100 percent probability
By Dr. David Hillson
One of the first things I learned about risk was that every risk has both a probability less than 100 perfect as well as an impact on at least one objective. Some of my risk colleagues talked about risks with 100 percent probability, but I disagreed with them. As I've discovered more about risk, I've realized that my colleagues were right.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
Are you ignoring 50 percent of the risks to your business?
Forbes
Considering the wealth of information available today on risk assessments, business continuity and disaster recovery, why do organizations still struggle with risk management? There are, without doubt, multiple reasons, however, the one key area of weakness is failure to leverage real-time risk intelligence.

Share on FacebookTwitterShare on LinkedinE-mail article
read more


Mining deaths trigger demands for action on workplace safety
Daily Commercial News
Labour leaders are demanding the Ontario government take more action to improve workplace safety, after two men were killed earlier this week at a nickel and copper mine in the northern part of the province. "How many times do we have to repeat ourselves," said Sid Ryan, president of the Ontario Federation of Labour. "Over and over again, tragedy after tragedy, we are telling the government that workplaces are not as safe as they should be and they must act. Instead, we face complacence."
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE
See related story: Q&A about mine safety in Turkey after more than 200 killed (The Republic)


PRODUCT SHOWCASE
 
What an Effective RMIS Should Be

Minimize the impact of risk with a RMIS that delivers the right information to the right people, to enable real time and predictive analysis at the right time. Let JDi Data create a risk management system that gives your business a new approach to governance, risk & compliance. 954-938-9100 MORE
 


Emerging markets buy cheap dollars to build reserves: Currencies
Bloomberg Businessweek
Nations from Colombia to Indonesia are taking advantage of the longest emerging-market currencies rally since 2009 to pile up record reserves, bolstering their ability to fend off the next foreign-exchange crisis. The 12 developing nations with the biggest foreign reserves outside of China added $34 billion in the past three months, lifting their combined holdings to $2.98 trillion on April 30, the most since Bloomberg began compiling the data in 2008. A gauge of 20 emerging-market currencies is recovering after tumbling in February to the lowest level since April 2009.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Goodbye, no-gossip policies?
Human Resources Executive Online
A National Labor Relations Board administrative law judge recently ruled that Laurus Technical Institute, a for-profit technical school in Georgia, broke federal law with a no-gossip policy because it was overly broad, ambiguous and restricted employees from discussing or complaining about any terms and/or conditions of employment, even though nothing in the institute's policy directly addressed discussions about wages, hours or other employment terms and conditions. Though the NLRB has been focused on other policies that could violate an employee's right to engage in protected concerted activity — such as social media or confidentiality policies — no-gossip policies can be especially problematic.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE
 

RiskWire
Colby Horton, Vice President of Publishing, 469.420.2601
Download media kit

Lisa Smith, Senior Content Editor, 469.420.2644 
Contribute news


Be sure to add us to your address book or safe sender list so our emails get to your inbox. Learn how.

This edition of the RiskWire was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Visit go.rims.org/RiskWire to learn how you can sign-up to receive RiskWire.
Recent issues
May 13, 2014
May 8, 2014
May 6, 2014
May 1, 2014



50 Minthorn Blvd., Suite 800, Thornhill, ON, L3T 7X8