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Dec. 24, 2013

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Building a business continuity plan: You will need one
Data Center Knowledge
Disaster does strike. It is likely that you and your business will experience a very disruptive and costly interruption. The question is: are you ready? IT professionals always hear the phrase "plan for the unexpected," but this way of thinking ends up making them too overwhelmed to actually plan for an (unlikely) ominous, "unexpected" event. What businesses should be doing is planning for the "expected."
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Emerging market stocks that could escape 'taper tantrums'
Emerging market economies might be bracing themselves for the after-shock of the U.S. Federal Reserve's latest policy move, but there are individual stocks that could still take off, an asset manager says. "Every time there is a big dislocation or big macro consensus trades — and that has been long developed markets, short emerging markets — and flows are driving valuations, there are always specific stocks or specific opportunities you can take advantage of," said Alper Ince, managing director of the Pacific Alternative Asset Management Company.
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Workers' comp benchmarking study: Fail to train, feel the pain
Underlying rumblings in the workers' compensation industry have for years lamented a perceived reduction in both the training of and investment in claims handling professionals. A recent study, the 2013 Workers' Compensation Benchmarking Study, casts an interesting if not somewhat scathing light on training and development perceptions within the claims management field in workers' comp.
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Missed last week's issue? See which articles your colleagues read most.

    Survey reveals a surge in corporate sustainability reporting (GreenBiz)
Managing the risk of disruption in your supply chain (Supply & Demand Chain Executive)
Businesses embrace disaster recovery plans (ITWeb)

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Companies relocating, expanding real estate portfolios in Asia Pacific are overlooking construction risks
EIN Newsdesk
As companies across the world prepare to expand their presence in Asia's emerging markets, a new report by Jones Lang LaSalle, "Who's Protecting Your Blindside?" highlights seven hidden risks associated with real estate construction projects.
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Using risk management to reduce protocol amendments
Protocol amendments are the bane of clinical trials. The solution, though, is simple and straightforward: Modern risk management strategies. When applied up front, proven quality risk management strategies will eliminate the need for most protocol amendments in clinical trials.
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US economy grows at 4.1 percent pace in 3Q
Fox Business
The U.S. economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained. Gross domestic product grew at a 4.1 percent annual rate instead of the 3.6 percent pace reported earlier this month, the Commerce Department said in its third estimate.
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  ACL GRC: Governance, Risk, Compliance Simplified
GRC doesn’t have to be clunky or spreadsheet-intensive. ACL GRC offers a fresh way to help you improve the efficiency and effectiveness of GRC activities. Our cloud-based solution is simple, flexible, cost-effective and suitable for nearly any organization. Watch a quick demo video!

4 nonprofit board responsibilities that may surprise you
By Maria Huntley
Being a board member is an important job and a pretty big deal. Increasing lawsuits against nonprofit organizations put volunteer boards and the organizations they are serving at risk. Every responsible nonprofit should annually be providing their board with the proper education about their legal responsibilities and tools necessary to do the job.

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The 6 trends of cyber risk in 2014
All signs point to 2014 being a "critical year for companies to better prepare to respond to security incident and data breaches," warns Experian in its latest report on the future of cyber risk. Malware and hacking attacks jumped by 20 percent and 31 percent, respectively, from 2010 to 2011, but fell by nearly 30 percent in both categories in 2012.

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Stress and the leadership factor
Human Resource Executive Online
Stress is the No. 1 workforce risk issue, according to New York-based Towers Watson, ranking above obesity and physical inactivity. Yet only 15 percent of employers identify improving the emotional and mental health of employees as a top priority.

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Mitigate business risk using SAM and SLM tools
We define business risk as any event or activity that threatens the capability of a company to concentrate on its primary goal of generating revenue. There's also business risk from unexpected or unbudgeted costs to a company owing to improper management or monitoring of the software running in an enterprise. Do you recognize that there may be significant business risks to your company lurking in your IT operations, even as you take the time to read this article?
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Risk management strategies for the aftermarket
Aviation Week
There is more to parts management than having the right part at the right place at the right time. The best MROs have contingency plans for Murphy's Law. Most materials managers focus on how many parts they will need, what they will cost and where they will be deployed when they create inventory.
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Colby Horton, Vice President of Publishing, 469.420.2601
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