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Home   Membership   Education   Events   Resources   External Affairs      June 05, 2014


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Climate change, risk management and the big emitters
World Bank
The global landscape for climate action is changing quickly. The United States just announced plans to use its Environmental Protection Agency to limit CO2 emissions from power plants, and an adviser to China's government said shortly afterward that his country, where six local carbon markets are now active and stricter pollution rules were recently approved, was considering national CO2 emissions controls starting as early as 2016.
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How leaders win with strategic innovation
By Scott Steinberg
As modern leaders are aware, risk and uncertainty are on the rise today, and making mistakes is currently the No. 1 fear in the workplace. But if your organization wants to continually change, adapt and reinvent itself, it's worth noting that we must become comfortable with all of these factors and constantly seek ways to mitigate them. Granted, a certain level of discomfort will always be present in any new venture — but our worries can also serve as powerful motivators, indicators of new opportunities and driving forces that fuel continuing innovation.
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Proactively addressing addictions in the workplace
Canadian Occupational Safety
Substance abuse while on the job remains to be a serious issue for numerous companies, and the safety of many is at stake. The Canadian Center on Substance Abuse reported that 40 percent of workplace accidents that result in death involve drug or alcohol use. In an effort to target this problem, companies are starting to look into random drug and alcohol testing. Recently, the arbitration board rejected Suncor's goal to do just that. Maybe it is time to step back and take a closer look at this problem from another angle.
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Whistleblowing a growing threat to companies in health care
InsideCounsel
As the world witnessed with the emergence of Edward Snowden and his leaks about the National Security Agency's surveillance tactics last year, whistleblowers can have long-lasting and far-reaching effects on industries. Whistleblowers can be responsible for the permanent damaging of brands and the upending of business practices. Recently, a case in the healthcare field in the U.S. has once again drawn attention to the importance of compliance, so that companies can avoid the ramifications of potential whistleblowing on their practices.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    The power and peril of predictive analytics (Human Resource Executive Online)
Firing staff could present a security risk for your business (Business 2 Community)
Creating a corporate e-discovery readiness program (Inside Counsel)
Reputational risk is the No. 1 concern for UK CEO's (The C Suite)

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Distracted driving risks safety, liability
Newsday
Educating employees on the risks of distracted driving and creating policies around the use of mobile devices on the road is the best way to keep workers safe and reduce liability, experts say. And companies should make sure work demands don't encourage employees to take calls or answer texts behind the wheel.
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Over 40 percent of businesses don't bounce back after a natural disaster
St. Louis Business Journal
We are in the peak of tornado season, lasting typically from March through early July. As of May, Missouri has experienced 16 confirmed tornadoes varying from light to significant damage. How would your business do in the aftermath of such a disaster? According to the U.S. Department of Labor, more than 40 percent of businesses never reopen following a natural disaster. Even if your property isn't damaged, your business may still suffer a loss if customers or suppliers are unable to do business with you.
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Proposed risk management guidelines aim to bolster security of federal ICT supply chains
PhysOrg
The National Institute of Standards and Technology has published a second public draft of Supply Chain Risk Management Practices for Federal Information Management Systems and Organizations for public comment. The new version incorporates changes made in response to comments on the original draft issued Aug. 16, 2013. Between the growing sophistication and complexity of modern information and communication technology and the lengthy and geographically diverse ICT supply chains, important federal information systems are at risk of being compromised by counterfeits, tampering, theft, malicious software and poor manufacturing practices. A counterfeit chip could cause a computer system to break down; malware could lead to loss of critical information.
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Trends in risk management
Risk
The regulatory agenda for the forthcoming 12–18 months will present a diverse set of challenges for risk managers across all segments of the market. The rigors of continued stress testing by national regulators, imposition of tighter capital adequacy rules and looming collateralization requirements for uncleared derivatives will mean a renewed focus for firms of all sizes on reporting data quality and risk alignment.

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Supreme Court cases show that now is a critical time for the workplace
Inside Counsel
The United States Supreme Court recently decided several important labor and employment related cases on issues ranging from whistleblower protection to severance pay. With more high profile cases expected to be decided before the Court concludes its term this June, now is a critical time for employers to take notice of the far reaching implications these decisions will have on the American workplace.

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When to panic: Dealing with unknown unknowns
South China Morning Post
When is the right time for businesses to press the panic button? Do they really need to wait until rioters are outside the factory gates, as in the case of Chinese-owned businesses in Vietnam? Or could contingency plans have been made and evasive action taken? It is tempting to believe that companies can foretell the future, or indeed be able to forecast all contingencies.

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Finally, a court decision that defines 'reasonable' medical leave
HR Morning
So many companies have landed themselves in legal trouble over "inflexible leave policies" — those requiring workers to return to work after a certain amount of leave — that many firms are hesitant to enforce such a policy any longer. But a recent appeals court ruling could mean companies have more leeway in this area than they thought. The case is Hwang v. Kansas State University, and it hinged on the idea that all inflexible leave policies are inherently discriminatory.
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Soliman: Make disaster risks easily understandable
Rappler
"Communicate. Coordinate. Collaborate." These were the key reminders from Department of Social Welfare and Development Secretary Dinky Soliman at the opening of the Asia-Europe Meeting on Disaster Risk Reduction and Management on Thursday, June 5. The conference brought together government officials, disaster managers, business leaders, scientists, and members of non-government agencies from around the world. During the gathering, Soliman shared what she learned in disaster management from her post and the experience of addressing the aftermath of last year's super typhoon Haiyan (locally known as Yolanda).
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There's liability for the acts of your volunteers
TheNonProfitTimes
Volunteers are the lifeblood of many nonprofits. But the actions of a volunteer can also create devastating liability for the organizations in a personal injury claim. While the law provides some relief for the negligent acts of volunteers, these laws vary widely from state to state and are often misunderstood. Don't make the mistake of assuming that your nonprofit will be exempt from liability because its purposes are charitable, or because the person responsible for the harm is a volunteer.
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Colby Horton, Vice President of Publishing, 469.420.2601
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