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Home   Membership   Education   Events   Resources   External Affairs      August 21, 2014

 

CIPS Risk Index: Global supply chain risk at 18-month low
Supply Management
Global supply chain risk fell to an 18-month low, but there are concerns it could rise again given increasing political and social instability. The latest CIPS Risk Index said the drop in risk in the second quarter of the year represents a fall for three consecutive quarters for the first time since 2008. However, the Ebola outbreak in West Africa, wars in the Middle East and economic and political sanctions on Russia amid broader instability in Eastern Europe, could increase the risk over the next three months and "undermine the global economic recovery," the report said.
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First wellness program firing suit filed by US agency
Bloomberg
Orion Energy Systems Inc. was sued by the U.S. Equal Employment Opportunity Commission for allegedly punishing, then firing, a worker who refused to participate in a company wellness program. The complaint filed in Green Bay, Wisconsin, federal court is the first to challenge a wellness program under the Americans with Disabilities Act, the EEOC said in a statement.
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Spike in risk management contractor demand
Brookson
Contractors who specialize in financial risk management are in demand among retail banks and insurers. This is according to figures from specialist recruiter MERJE, which said that the demand for umbrella company contractors has been on the rise following changes to regulatory protocols Solvency II and Basel III. Director of MERJE Richard Abelson said in a statement: "There is a significant need for risk managers who understand the current regulatory environment and have the ability to anticipate and interpret how these changing requirements will impact businesses."
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4 ways to diffuse a toxic workplace
Entrepreneur
Despite the size of your organization, what department you work in or who you report to, if you are a manager it is up to you to ensure that people are comfortable under your company's roof. Still, some people walk into work every day stressed and uneasy.
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How corporate America should adapt to millennials
Fortune
Daniel Roberts writes, "Young workers, particularly women, have been raised to ask more questions and be more confident than past generations. Now it's time for workplaces to change, too."
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Why we need to apply situational awareness to IT risk management
Telecom Reseller
Charley Rich writes, "Growing reliance on IT systems has underscored the gap between technological innovation and our ability to prevent cascading failures. Too often we witness monitoring and safety systems fail. These failures start small, but unnoticed or viewed one-dimensionally, they may cascade into serious problems. From the Deepwater Horizon oil spill and the Fukushima Daiichi nuclear disaster to the server-based telephony and unified communications systems businesses need to function, it's obvious that we can improve at risk management."
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Why governance is crucial in the IT department
By Betty Boyd
In today's ever-changing world of technology, how do you approach the implementation of policies and procedures and make them fit into the IT structure in an organization? The answer is governance. Governance can have many definitions. In IT, it is the checks and balances of these processes, the use and allocation of resources, and how each business unit — including the organization itself — is held accountable. When structuring the IT unit in an organization, numerous areas should be taken into consideration.
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CIPS Risk Index: Global supply chain risk at 18-month low
Supply Management
Global supply chain risk fell to an 18-month low, but there are concerns it could rise again given increasing political and social instability. The latest CIPS Risk Index said the drop in risk in the second quarter of the year represents a fall for three consecutive quarters for the first time since 2008.

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Dashboards can help CFOs manage risk
CFO
Not so long ago, risk was one of several portfolios entrusted to a mid-level executive. Various related activities were often relegated to the back office. Today, risk has moved its way into the C-suite and boardroom. That means CFOs, who also own risk management broadly, need to expand their tool kits to include risk-sensing tools, dashboards and other appropriate technologies. They also need to work seamlessly with chief risk officers, business units and strategic planners.

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Many women leave engineering, blame the work culture
NPR
From the aerospace sector to Silicon Valley, engineering has a retention problem: Close to 40 percent of women with engineering degrees either leave the profession or never enter the field. Conventional wisdom says that women in engineering face obstacles such as the glass ceiling, a lack of self-confidence and a lack of mentors. But psychologists who delved deeper into the issue with a new study found that the biggest pushbacks female engineers receive come from the environments they work in.

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How to adapt disaster management to an urban context
Devex
When we think about cities, we consider high-rise buildings, highway roads, public services including schools and hospitals, and — arguably — progress and development. But when a natural or man-made disaster strikes, do most urban communities, given their perceived "progress and development," fare better than their rural counterparts, especially in rapidly urbanizing Asia-Pacific?
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Why supply chain risk is something that should concern us all
GreenWise
The supply chain risk index shows that while risks have fallen businesses are still exposed to disruptions such as the Ebola outbreak and the Middle East crisis. Risk in supply chains is something that should concern us all, particularly when recent research conducted by the Chartered Institute of Purchasing and Supply revealed that 11 percent of U.K. businesses polled thought it "likely" that some sort of modern slavery exists in their supply chains.
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