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Managing health care risk: Where are you on the curve?
Becker's Hospital Review    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The morning after the signing of the new health care legislation, senior health care leaders knew their jobs had changed forever. Historically the emphasis for most had been on achieving those metrics that enhanced profitability, increased patient satisfaction and modest growth — without undertaking significant risk. Health care organizations now play in a far more dangerous neighborhood characterized by high levels of ambiguity and uncertainty. The management of risk is now forefront of the senior leader's most critical agenda items. More



Risk management based on sound values is needed to restore confidence in banks around the world
Equities    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Consumers and banks share the same goals: a safe and well-functioning financial system that supports a strong economy said Rick Waugh, Scotiabank president and CEO while addressing the Economic Club of Canada. "In order for banks to help economies grow, a certain level of risk must be taken. It's how those risks are managed and how we find that balance that makes all the difference and determines our success or failure." More

The ROI of food safety and quality assurance technology solutions
Food Safety News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Food withdrawals, rejections and recalls cost the food industry $7 billion dollars annually. The majority of these costs aren't just from "worst case" recall scenarios where people fall ill and lawsuits occur. A large portion of these costs are created by internal reworking, commodity loss, inventory replacement, removing goods from shelves, lost sales and public relations/customer confidence repair. Increasingly, these losses are being spread across all participants in the supply chain, including suppliers, manufacturers, distributors, retail/services sellers, third party labs and auditors. More

Capital markets: A threat or a complement for reinsurers?
Insurance Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Investments from the capital markets in various forms now provide around 14 percent of the total capital dedicated to providing reinsurance – approximately $35 billion [$17 billion in cat bonds] out of $250 billion. The question remains as to whether this poses a threat to traditional reinsurers, or is more likely a complement, which fulfills a need for their clients. Most specialists in the field consider capital market investments to be a useful adjunct to traditional reinsurance. More

Radiation hazard, a high health risk
AllAfrica    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Radiological energy is one of the methods of treating some diseases requiring radiotherapy, but besides treatment, the method can cause other complications in the body. The World Health Organisation recently revealed that exhaust fumes from diesel engine could cause cancer. In a report by a WHO expert group, fumes from the exhaust were categorized as cancer causing agent, especially lung cancer and may also cause tumors in the bladder. It based the findings on research in high-risk workers such as miners, railway workers and truck drivers. More

The top mistakes businesses make during emergency planning
DailyFinance    Share    Share on FacebookTwitterShare on LinkedinE-mail article
According to a 2012 study of more than 1,300 U.S. workers, 75 percent of employees believe their company is not well-prepared for a natural disaster. Cintas Corporation, a leader in first-aid and safety products, recently announced seven mistakes businesses make during emergency planning in recognition of National Preparedness Month. The theme of this year's event is "Pledge to Prepare," and encourages businesses to prepare for emergencies in order to reduce their impact. More

New NIST publication provides guidance for computer security risk assessments
PhysOrg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Institute of Standards and Technology has released a final version of its risk assessment guidelines that can provide senior leaders and executives with the information they need to understand and make decisions about their organization's current information security risks and information technology infrastructures. More

Restore consumer confidence during a product recall
Expert Recall    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A recent American Marketing Association study found that the majority of Americans are quick to forgive a company should it effectively respond to and manage a recall event. But that patience can be limited. More

Workplace policies on social media essential as survey reveals one-fifth of job seekers want full access
SmartCompany    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Businesses that haven't already set up policies about how their staff uses social media in the workplace should do so quickly or risk becoming irrelevant to job seekers, according to a new survey. The results of the Hays Tomorrow's Workforce report also suggest while businesses don't need to spend a disproportionate amount of time creating a social media policy, it will still affect how potential employees see the company and affect your reputation. More

Many top firms believe climate change is a threat to business
Living Green Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Major companies are increasingly concerned that they are at risk from climate change in the face of recent extreme weather events such as drought and floods, according to a report published recently by the Carbon Disclosure Project. CDF reports that companies acknowledge risk but are not doing enough to cut emissions. More


 

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