July 11, 2007
These NewsBriefs are produced and delivered weekly by
Attainium to keep our friends and clients
current on topics relating to Business Continuity, Disaster Recovery and Crisis Management.
Risk - recognizing it, managing it, avoiding it - is a top-line concern for organizations and their leaders.
The articles we've selected this week address many different risks and different perspectives for dealing with them.
Discrimination suits aren't likely to take an employer under, but retaliation against complaining employees
is a risk that's often overlooked. (Item #1)
Contingent business interruption often results from disasters that don't affect you directly. (Item #2)
It's July, and perhaps some mid-year risk resolutions are in order. (Item #3)
What do you think of when you hear about "volunteer risk?" (Item #4)
Lawsuits, grievances, loss of productivity, and low staff morale are all some of the possible side effects
of a bad hire; why take the risk? (Item #5)
Here are some risks that probably will never come to pass… but who can tell? (Item #6)
As always, we look forward to hearing about your concerns
with regards to business continuity. If you have a topic
you'd like to see covered, please email me at
[email protected]
Best Regards,
Bob Mellinger
President
Attainium Corp
Quote of the Week
"The first step in the risk management process is to acknowledge the reality of risk.
Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning."
- Charles Tremper -
Articles
1. Think Twice Before Striking Back
Too many risk managers and corporate human resource executives have learned the hard way that
there is an increasingly overlooked risk with employee discrimination charges. It isn't the discrimination
charge itself; it's what happens after an employee complains or files a lawsuit.
http://www.riskandinsurance.com/story.jsp?storyId=13708893
2. The Invisible Contingency
The most insidious risk isn't one lurking in the company's backyard, but is instead an invisible disruptive
ripple across town or over the horizon. That makes contingent business interruption one of the most frequently
overlooked risks.
http://www.riskandinsurance.com/story.jsp?storyId=13708831
3. Risk Management Resolutions
Are there any risks lurking in your nonprofit's future that could spell significant set-back or disaster?
Are you losing any sleep about risks related to HR, financial management, fundraising, reputation, or staff/participant
injuries? Read on…
http://nonprofitrisk.org/library/articles/strategy010205.shtml
4. Myths of Volunteer Risk Management - Part I
Many volunteer organizations are aware that there is liability associated with using volunteers,
but carry a misconception about where the bulk of the risk lies. When they hear "volunteer liability,"
many people think about liability to volunteers, and not always about liability caused by volunteers
for the organization.
http://nonprofitrisk.org/library/articles/volunteer050098.shtml
5. Mission Controls Fact Sheets on Crisis Management
A significant number of crises affecting nonprofit organizations involve employees who should never have been hired
in the first place. Hiring the wrong person for the job could be a serious inconvenience or it could trigger a crisis
that threatens the ability of the nonprofit to achieve its mission.
http://nonprofitrisk.org/library/fact-sheets/fact-sheets.shtml
6. Risk Oddities
But here are some cases where the risks are downright bizarre, so outlandish, in fact,
that perhaps we'd all be better off if they were overlooked entirely.
http://www.riskandinsurance.com/story.jsp?storyId=13708871
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