Tag: risk management
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Time for crisis teams to test their plans – again
War in the Middle East: companies must thoroughly review their crisis and contingency plans and undertake exercises on a range of scenarios to test readiness.
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CBI in crisis – a governance failure – and why members shouldn’t walk away
As the CBI apparently nears meltdown, the Board must learn the lessons of this governance failure. And members should think twice about walking away as they consider their own corporate responsibility.
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Natural catastrophes cost $160 billion in 2018: companies must be ready to mitigate these risks
Hundreds of natural catastrophes killed more than 10,000 people in 2018 and caused damage and losses amounting to $160 billion, according to re-insurer Munich Re. The number and severity of these incidents should also prompt companies to thoroughly review their own business resilience, continuity and crisis management plans relative to natural disasters. The highest single loss…
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Mega risks and disasters – a resilient company will get back on track faster
Businesses are increasingly expected to prepare for, and manage the effects of major disasters and they play an integral role in disaster risk mitigation and recovery. We produced a blog for 6-Group on what businesses should be doing to ensure they are resilient and therefore become partners of choice for their customers if disaster strikes. Photo,…
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The Presidents Club: the sound of British businessmen in five-speed reverse
20-20 hindsight is a great thing… Bear with me on this, because the fallout from this dinner is a great crisis, business ethics and risk management case study. Case study scenario: Bosses of company X are invited by supplier Y to a charity dinner as their guests where they will be treated to entertainment costing…
Crisis Management 