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GRC: The upside of risk
KMWorld    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Governance, risk and compliance encompass a diverse range of functions and processes, and the fragmented market for software and services reflects that diversity. To an increasing extent, organizations are focusing on risk management as a central issue in the GRC equation. Enterprise risk management is now a bigger driver for GRC than Sarbanes-Oxley or other compliance requirements, according to French Caldwell, analyst at Gartner. "Organizations want a top-down viewpoint on risk, whether it is resulting from non-compliance or operational issues, and want to know what is being done to mitigate it," Caldwell says. ERM is increasingly considered as a strategic tool to support governance and improve business performance. More



140 characters of risk: Some CEOs fear Twitter
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Chief executives are under pressure these days to appear accessible and "authentic," but social media — with its demands for quick, unscripted updates that can quickly go viral — poses risks for top managers and the companies they represent, in the form of lawsuits, leaked trade secrets or angered customers. More

Business resiliency and cloud backup solutions: 4 questions to ask
TalkinCloud    Share    Share on FacebookTwitterShare on LinkedinE-mail article
After a summer of hurricanes, tornadoes and raging wildfires, many businesses have begun to ponder the question of how long they would be out of commission if a disaster hit — and how much damage that would do in terms of revenue, reputation and customer relations. As an adviser to these businesses, your job is support them as they strive for what's called "business resiliency." Business resiliency is a measure of how well a company can maintain the status quo in the face of a disaster. A major factor is whether or not data and IT systems can be quickly restored. More

How to manage and overcome the risks inherent to the retail industry
Smart Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In some grocery stores, your smartphone uses GPS to ping you when you're near items on your shopping list. Other retailers allow customers to order something online, and when they arrive to pick it up from the store, the item(s) is already bagged and ready to go. Others still provide customers with options of where to buy, where to pick up or have delivered and have price guarantees in order to create a positive customer experience and resulting sales. With the retail industry facing challenging times, savvy risk managers are helping their companies understand how to manage costs and allocate capital strategically while finding ways to stay ahead of market trends, says Lynn Serpico, managing director at Aon Risk Solutions. More



10 top tips: How to manage business disruption
Management Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
No company is immune from crisis. So while "savage brawls" like those seen at Foxconn may be uncommon, it is important that businesses are well equipped to handle and recover from unexpected disruptions. More

Industry out front with food safety programs
Supermarket News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The U.S. Food and Drug Administration's food safety rules — in accordance with the Food Safety Modernization Act — have not yet been published, but the produce industry shows little concern because the industry has been working on its own with government agencies to improve food safety programs that are in place. More

The red flags raised by hackers
Fox Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
BYOD is a fact of life for small businesses, but that convenience also poses security risks. Whether employees are using iPhones or Android-based mobile devices, the apps they download could make the company network more vulnerable to viruses and hacker attacks. More

3 in 4 small business owners tout health and wellness programs
Life Health Pro    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While most small businesses don't offer health and wellness programs to their employees, three of four that offer such programs find the initiatives positively impact their bottom line. That's one of the key conclusions of a study of more than 1,000 small-business owners by Humana Inc. and the National Small Business Administration. The study aims to uncover health and wellness needs and barriers facing small businesses in today's post-recession business recovery. More

Take control of your workers' comp costs
Business Management Daily    Share    Share on FacebookTwitterShare on LinkedinE-mail article
How can you significantly reduce the cost of your workers' comp premiums? By following a program of accident prevention, better claims management and prevention of fraud and abuse. More


 

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