This post first appeared on Risk Management Magazine. Read the original article. Even before COVID-19, global manufacturers faced a range of disruptive shocks that highlighted supply chain vulnerability, from natural disasters and cyberattacks to trade disputes and financial crises. According to McKinsey Global Institute’s Risk, Resilience and Rebalancing in Global Value Chains report, the manufacturing (more…)

This post first appeared on GAO Reports. Read the original article. What GAO Found Agencies compiled a variety of data on time and attendance misconduct and fraud. Specifically, 22 of the 24 agencies covered by the Chief Financial Officers Act of 1990 (CFO Act) had some data on instances of time and attendance misconduct—including potential (more…)

This post first appeared on Risk Management Monitor. Read the original article. Hurricane Laura made landfall in the United States at 1 a.m. on Thursday, hitting Louisiana and Texas as a Category 4 storm with maximum sustained winds of 150 miles per hour and what National Hurricane Center officials called “unsurvivable” storm surge. In such (more…)

This post first appeared on Risk Management Magazine. Read the original article. As states across the United States relax stay-at-home orders during the ongoing COVID-19 pandemic, risk managers at companies in many industries are grappling with how their employees can safely return to the office and job sites. As long as COVID-19 is spreading in (more…)

This post first appeared on Risk Management Magazine. Read the original article. July 1 marked the official implementation of the USMCA, a new trade agreement linking the United States, Canada and Mexico. This new agreement replaced NAFTA, the North American Free Trade Agreement, which had governed trade on the continent since 1994. Industries and companies (more…)

This post first appeared on IBM Business of Government. Read the original article. Thursday, August 6, 2020 Michael J. Keegan Insights from Preston Finley, Director – Foresight, Strategic Planning & Risk Management at VA Preston Finley, Director of Foresight, Strategic Planning & Risk Management at the U.S. Department of Veterans Affairs joined me on The (more…)

This post first appeared on IBM Business of Government. Read the original article. Broadcast Date:  Monday, August 3, 2020 Preston Finley How is the U.S. Department of Veterans Affairs (VA) using Enterprise Risk Management (ERM) to assess threats and opportunities facing the department and the veterans it serves? What is VA doing to promote and (more…)

This post first appeared on Risk Management Magazine. Read the original article. Since March, when most countries started to go into lockdown because of the COVID-19 pandemic, life for many organizations has been turned upside down. Despite the current easing of restrictions in some areas, it looks unfortunately likely that COVID-19 will pose a threat (more…)

This post first appeared on Risk Management Magazine. Read the original article. Seemingly overnight, the business world experienced the widespread adoption of videoconferencing technology such as Zoom, Skype, Webex, Microsoft Teams and Google Meetings to keep employees connected during the COVID-19 pandemic. As with email, text messaging and other electronic communication tools, a byproduct of (more…)