This post first appeared on Risk Management Magazine. Read the original article. For more from our May issue on natural disaster planning in 2021, check out:Remote Workforce Considerations for Natural Disaster Preparation Heading into the 2021 hurricane and natural disaster seasons, organizations must reassess their risk profile with regard to remote or hybrid workforces to (more…)
Q&A: How Texas Roadhouse Takes a People-First Approach to Disaster Planning
This post first appeared on Risk Management Magazine. Read the original article. For more from our May issue on natural disaster planning in 2021, check out: Disaster on Disaster: Unique Challenges for Natural Catastrophe Preparedness in 2021 Armed with lessons learned from the 2020 hurricane season and pandemic response, risk professionals are preparing differently for (more…)
Remote Workforce Considerations for Natural Disaster Preparation
This post first appeared on Risk Management Magazine. Read the original article. For more from our May issue on natural disaster planning in 2021, check out: Disaster on Disaster: Unique Challenges for Natural Catastrophe Preparedness in 2021 Armed with lessons learned from the 2020 hurricane season and pandemic response, risk professionals are preparing differently for (more…)
Risks to Employers in the Growing Gig Economy
This post first appeared on Risk Management Magazine. Read the original article. States, countries and multinational bodies are currently debating whether “gig workers” like drivers for ridesharing or food delivery services actually work for those platforms or are independent contractors. The answer to this question determines whether companies must provide this expanding pool of workers (more…)
COVID-19 Business Interruption Update
This post first appeared on Risk Management Magazine. Read the original article. Only once in U.S. history—during the 1918 influenza pandemic—have so many businesses been forced to close for months due to local and state lockdowns and restrictions. Now, businesses are returning to a changed landscape and struggling to regain the income they have lost (more…)
Deterring Complex Workers Comp Fraud
This post first appeared on Risk Management Magazine. Read the original article. To better identify and ultimately defend against the ever-evolving threat of modern workers compensation insurance fraud, companies are merging time-tested investigative techniques with proactive fraud prevention strategies. Key to understanding the identity of the modern fraudster is a heightened awareness that things are (more…)
Prioritizing Workplace Violence Prevention
This post first appeared on Risk Management Magazine. Read the original article. Incidents of violence in workplace settings happen all too frequently. In March, for example, a gunman opened fire at a King Soopers grocery store in Boulder, Colorado, killing 10 people including a local police officer. In April, eight people were killed by a (more…)
Risk Professionals Optimistic About Careers
This post first appeared on Risk Management Magazine. Read the original article. In its Risk Career Survey 2021, the Global Association of Risk Professionals (GARP) surveyed 2,100 risk professionals from 101 countries. While many felt pushed to do more in their current jobs, respondents largely felt optimistic about their future career opportunities. Almost 70% said (more…)
How Mature is the Federal Government’s Practice of Enterprise Risk Management (ERM) now that the OMB Circular A-123 Update is Turning Five?
This post first appeared on IBM Business of Government. Read the original article. Monday, April 26, 2021 Tom Brandt As ERM requirements for the federal government are nearing the 5-year mark, it’s probably a good time to check in on how implementation has progressed. Last week, while speaking at the 2021 AGA and AFERM ERM (more…)
8 Steps to Create Strong Disaster Management Plans
This post first appeared on Risk Management Monitor. Read the original article. A core responsibility of any risk professional is planning for any possible disasters your business might face. These could be man-made, such as a data breach or accidents involving machinery, or natural, like a tornado or flood. Disasters and crises affect different organizations (more…)