Risk Management

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, ...

Elevating Hospitality Compliance: HospitalityLawyer.com Partners with WebFire Training

by HospitalityLawyer.com in Featured, Legal. Posted May 9, 2024

In the fast-paced world of hospitality, ensuring compliance with safety regulations and standards is paramount. With the evolving landscape of regulations and the need for continuous training, HospitalityLawyer.com has formed a strategic collaboration with WebFire Training, a leading provider of comprehensive compliance training solutions. We’re excited to announce that HospitalityLawyer.com subscribers now have exclusive access ...

ADDRESSING WORKPLACE VIOLENCE: 7 STEPS FOR PREVENTION AND MITIGATION

by Global Guardian in Human Resources, Legal, Safety & Security. Posted May 7, 2024

Organizations must do more to protect their personnel from the threats or actions of violence. Here are seven steps they can take to help mitigate and respond to workplace violence. INSIDE THIS ARTICLE, YOU’LL FIND:1. Understand the problem 2. Create a written workplace violence prevention plan 3. Lean on technology for prevention and reaction 4. ...

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 ...

How To Create Effective Travel Risk Assessments For Work Trips

by Global Guardian in Human Resources, Legal, Risk Management, Safety & Security, Travel. Posted February 29, 2024

As the global landscape evolves, organizations must prioritize the well-being of their travelers through strategic planning and continuous improvement. Travel risk assessments are part of the foundation of that effort. INSIDE THIS ARTICLE, YOU’LL FIND:What is travel risk?What are the components of a travel risk assessment?How to prepare an assessment Every great organization that sends ...

Property Insurance Coverage for Emerging Risk: Underground Climate Change

by Anderson Kill in Insurance & Loss Prevention, Legal, Risk Management. Posted February 13, 2024

Abstract: Studies have shown that heat emanating from basements, train tunnels, sewers, and other underground systems in major metropolises in the United States and Europe is heating the ground between city surfaces and the bedrock by as much as 27 degrees Fahrenheit. This “underground climate change” is affecting ground soil conditions, causing structural strains on ...

What is an Emergency Action Plan? A Guide for Businesses Preparing for Crisis

by Global Guardian in Human Resources, Legal, Risk Management, Safety & Security. Posted January 30, 2024

An emergency action plan helps ensure safety and well-being within a workplace or community space during emergencies. How can you create and maintain one of your own? Our interconnected and disrupted global landscape – rife with political, economic, and climate turmoil – is forcing businesses everywhere to prepare for various emergencies that could impact their ...

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Scammers Exploiting Corporate Transparency Act To Get Your Private Information

by CSG Law in Risk Management, Safety & Security, Technology. Posted January 4, 2024

With the Corporate Transparency Act (“CTA”) going into effect on January 1, 2024, it should come as no surprise that bad actors are already exploiting the new law to collect personal information from companies and use it for unlawful purposes. As we discussed in an earlier CSG Law client alert, The Corporate Transparency Act: How Will ...