Risk Management

The Global Risks of 2025: How to Prepare for the Age of the ‘Polycrisis’

by Global Guardian in Risk Management, Safety & Security. Posted November 21, 2024

The global risk landscape is shaped by an intricate web of geopolitical conflicts and regional instabilities. Learn what our intelligence team anticipates for 2025 and beyond. INSIDE THIS ARTICLE, YOU’LL FIND:-Why 2025 is the ‘Age of the Polycrisis’-Identifying 2025’s Risks Using the ‘GSI’-Anticipating Global Risks in 2025 and Beyond-Operating in a High-Risk Environment The global ...

15 Important Workplace Safety Talk Topics for Your Organization

by Global Guardian in Insurance & Loss Prevention, Legal, Risk Management, Safety & Security. Posted November 7, 2024

Regular safety talks are an essential part of building a strong safety culture in any workplace, and these topics are foundational for nearly every business. INSIDE THIS ARTICLE, YOU’LL FIND:The Importance of Safety Talks15 Workplace Safety Talk TopicsHow to Make Safety Talks Engaging Workplace safety isn’t just about avoiding accidents — it’s about creating an ...

A Comprehensive Guide to Substantial Structural Damage: Criteria, Repairs, and Code Compliance

by Erin Roberts in Hotel Development, Insurance & Loss Prevention, Risk Management. Posted October 24, 2024

Introduction: Substantial Structural Damage and Its Impact on Building Repairs Substantial structural damage (SSD) is a defined term within the International Code Council (ICC) building code library, which assesses the reduction in load-bearing capacity of a damaged building and may trigger required code upgrades during repair. An understanding of SSD and its implications is not only ...

Severe Convective Storms and Associated Insurance Weather Risks

by Daniel Shreiber in Insurance & Loss Prevention, Risk Management. Posted September 19, 2024

Severe convective storms (SCSs) occur during all seasons in the United States. According to Aon, [1] severe convective storms have accounted for 70% of global insurance losses in recent years, and there continues to be a rise in such losses, largely due to growing exposure. In the US state of Texas alone, between January 1, ...

The Power of Advocacy: Shifting Mindsets for Successful Arbitration

by American Arbitration Association in Legal, Risk Management. Posted August 15, 2024

Arbitration’s unique advantages often are squandered when parties’ legal representatives, or advocates, approach it with the same mindset as traditional courtroom proceedings. Advocacy is a vital skill in the legal profession, particularly in arbitration. Arbitration offers a distinct method of dispute resolution that requires advocates to employ a unique set of skills and strategies. Among ...

Disaster Reduction: Key Insights for Risk Managers & Corporate Executives

by J.S. Held in Risk Management, Safety & Security. Posted July 16, 2024

Introduction The need for comprehensive disaster risk management has never been more evident. In recent years, major storms, earthquakes, wildfires, tornados, derechos, and other destructive large-scale events have been significant. According to National Oceanic and Atmospheric Administration (NOAA), there has already been a record number of billion-dollar disasters in the first eight months of 2023. ...

Situational Awareness at Work: Why It Matters and How to Improve It

by Global Guardian in Human Resources, Legal, Risk Management, Safety & Security. Posted June 11, 2024

Situational awareness isn’t just a nice-to-have trait in the workplace, but a fundamental skill that impacts the success and safety of individuals and organizations as a whole. INSIDE THIS ARTICLE, YOU’LL FIND:What is situational awareness?Why situational awareness matters in the workplaceHow to improve situational awareness: Training and exercise In modern workplaces, the ability to navigate ...

What Are Tabletop Exercises? A Guide to Crisis Preparedness

by Global Guardian in Human Resources, Risk Management, Safety & Security. Posted June 4, 2024

Tabletop exercises simulate real-life emergencies. If your organization has gaps in its crisis response, or there are disconnects between you and your vendors, this is the time to discover them. INSIDE THIS ARTICLE, YOU’LL FIND:1. What are tabletop exercises?2. What a tabletop exercise accomplishes3. How does a tabletop exercise work?4. Tips for effective tabletop exercises Today, ...

Starbucks Asks SCOTUS for Clearer Standard for NLRB Injunctions: What Employers Need to Know

by Fisher Phillips in Human Resources, Legal, Risk Management. Posted April 23, 2024

In a case before the Supreme Court, Starbucks says it fired several employees for violating valid company policies — but the National Labor Relations Board convinced a lower court to reinstate the employees while a legal battle ensues over whether they were actually fired for engaging in union organizing activities. The coffee chain argues the ...

HOW TO IDENTIFY EMERGING RISKS TO YOUR BUSINESS: 5 STRATEGIES

by Global Guardian in Legal, Risk Management, Safety & Security. Posted April 18, 2024

In the business world, navigating uncertainty requires a proactive approach. Explore these five strategies that leaders use to identify potential threats and stay ahead of the curve. INSIDE THIS ARTICLE, YOU’LL FIND:The cost of ignoring emerging risks Proactive strategies for identifying emerging risks Next steps: Develop a risk management plan The global landscape feels more ...