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Oct. 10, 2013


MexiPass International Insurance Services, LLC


MexiPass is the leading MGA, Underwriting Manager & Risk Management Solutions provider for risks of American entities in Mexico.
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Business continuity planning for emergencies and disruptions
Supply & Demand Chain Executive
Minimizing business disruptions caused by emergencies of any kind are becoming standard practice for companies, institutions and government agencies. However, businesses of all sizes need to have a plan to protect staff and assets.
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Risk managers becoming more relevant in growing African market
BusinessDay
The buzz around Africa appears to be continuing unabated. The prospect of major oil and gas finds throughout East Africa, together with the fast emerging middle class in many countries and a need for U.S., European and Asian firms to find new markets, has meant the enthusiasm for doing business in Africa looks unlikely to fade anytime soon. For risk managers, this can be a tricky time. It can be hard to pour cold water on the CEO's burning desire to forge ahead with ambitious plans and it can also be difficult to cope with investigating entirely new and often very foreign markets, says Commercial Risk Europe. However, this is also a good moment for the profession to stand up and be counted.
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(Un)Productivity in the workplace
Fenton Tri County Times
In the days before the Internet, a 9-to-5 job generally meant that a worker was at the office between those hours, tending entirely to business-related issues, and only taking time out of the day to grab a quick bite for lunch. But today, employers wrestle with a growing problem — employees who waste time at work by constantly checking social media websites, their personal email accounts, or even shopping online, creating a lackadaisical work ethic that is putting employer's productivity at risk.
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Looking for similar articles? Search here, keyword(s): Productivity risks.


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The most important concept in supply chain management
Business 2 Community
If there is only one theoretical concept you need to understand to make better supply chain decisions, it is risk pooling. Risk pooling is a statistical concept that suggests that demand variability is reduced if one can aggregate demand, for example, across locations, across products or even across time. This is really a statistical concept that suggests that aggregation reduces variability and uncertainty.
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Instant risk management benefits companies of all sizes
PropertyCasualty360
Risk managers at large corporations have enjoyed access to sophisticated RMIS tools for some time now, but their smaller counterparts were left in the lurch because of the high cost of the systems.

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Mitigating risks posed by the federal government shutdown
SecurityInfoWatch
Democrats and Republicans on Capitol Hill failed to reach an agreement on a spending plan to fund the federal government by the midnight deadline on Sept. 30, thus beginning a partial shutdown of the government.

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Social media as a business continuity tool
ITWeb
Social media crises are on the rise, yet 76 percent of them could have been avoided with proper planning and internal investment by companies.

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Avoid fraud to prevent 'charge-backs'
Newsday
In the retail world, getting a "charge-back" is like being hit with a triple whammy. You lose the sale revenue and the product that was bought or shipped, and you're subject to fines. A charge-back occurs when a consumer disputes a charge and asks his credit card company to remove it from his bill. Charge-backs can't be totally avoided, but experts say merchants can take steps to decrease them.
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Former White House economic adviser predicts a slow recovery
Milwaukee Journal Sentinel
The economic recovery will continue at a lumbering and labored pace for the next 12 to 18 months, according to a former economic adviser to President Barack Obama. The old days of a "V-shaped" economic recovery — a phenomenon of the pre-global era when the economy could bounce back with the same velocity at which it retracted — won't be a feature of the current recovery, predicts Austan Goolsbee, former chairman of the White House Council of Economic Advisers.
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Study: Bringing HR into the boardroom can double profitability
Business & Leadership
Fortune 500 companies with a human resources executive in their C-suite are, on average, 105 percent more profitable than industry peers without HR representation on the executive board, according to a new study. The audit of Fortune 500 companies, carried out by SAP company SuccessFactors, also suggests that companies that identify HR risks in their annual reports outperform industry peers without risk identified in key financial and market metrics, such as return on assets (by 55 percent), operating profit (by 95 percent) and earnings per share (by 54 percent).
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A social media strategy to save brands ... and lives
Forbes
Driven by regulations, threats of litigation, and increased public awareness, companies are working harder than ever to ensure they're prepared to manage the communication strategy critical to surviving a product-safety recall. Strong brands, including Toyota and Similac, have managed to survive massive recalls. Businesses are learning from those examples and others to build recall solutions that leverage social media to engender trust and loyalty within their own customer communities.
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Risky business: When disaster strikes with no recovery plan
Data Center Knowledge
According to a recent survey by the Disaster Recovery Preparedness Council, "Seventy-two percent of survey participants, or nearly three out of four companies worldwide, are failing in terms of disaster readiness scoring ratings of either a D or F grade. Only 28 percent scored an A, B or C passing grade with the remaining 72 percent of respondents at risk." With experts estimating the average cost of downtime at $5,000 per minute, many organizations are at significant risk when it comes to the reliability of their data environments.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Social media as a business continuity tool (ITWeb)
Chief financial officers taking bigger role in risk management (Business Insurance)
Businesses should have crisis plan in place (The Tennessean)
Should I use surveillance in my business? (Small Business Trends)
New flood insurance program begins (The Advocate)

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Colby Horton, Vice President of Publishing, 469.420.2601
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