Source: National Weather Service: National Hurricane Center History teaches that a lack of hurricane awareness and preparation are common threads among all major hurricane disasters. By knowing your vulnerability and what actions you should take, you can reduce the effects of a hurricane disaster. Be Prepared Preventing the loss of life and minimizing the damage to property from hurricanes are …
Mark S. Beasley, PhD, CPA at North Carolina State University was the first professional who started us thinking in terms of business risks being managed as a portfolio instead of the traditional model where each function or department focuses on their associated risks independent of each other. On the surface it seems like a reasonable, efficient, and cost effective approach. …
John looked out across the lobby at the growing crowd. Mondays were always busy, but the crowd seemed larger than usual today. Because of the storms on the horizon, no one was waiting on the front sidewalk. His phone buzzed, and he saw a notification from his weather app. At the same time, he heard a warning from the …
On Monday, an employee reports that there is one monitor missing from the shipment of new monitors that was received the previous Friday. The quantity was verified at delivery by the shipping company and two of your employees. The interior door to the loading dock was locked on Friday evening and was still locked on Monday morning. The roll-up loading …
Premises liability lawsuits can range from litigation as pedestrian as a case resulting from a purse snatching in a big box parking lot to something as grave and high profile as the 1974 suit brought against a hotel after the rape of singer Connie Francis. Whatever the degree of seriousness, it is clear that premises liability lawsuits have evolved over …
An employee comes to you and tells you that her uncle bought some of your company’s products at a very good price. The employee asks how he could make the purchase at less than the employee discount. That afternoon, you receive a call from the local police department. They report that some of your company’s products have been spotted at …
While traveling on company business, Bob uses a laptop containing company information. When he returned after his last visit, his laptop could not be found. He remembers using it in the airport, but he does not know where the laptop is now. What would you do?
We were recently asked by a client to provide information on how they should protect their facility from potential vehicle-born improvised explosive devices. Although this information was written specifically for an educational facility, the principles of how and when to apply blast mitigation procedures and protocols are appropriate for a variety of other companies and organizations as well.
No one can control the weather, and weather can only be predicted accurately for a day or so into the future. With regard to specific locations, severe weather that can create extreme conditions and pose threats to life and property can only be predicted a few hours or a few minutes in advance. Within this parameter, weather emergencies may occur …
Although this article was originally written for electrical utilities, the concepts apply to other companies and organizations. Darren Nix of Risk Management Associates authored this article originally published in Security Products Magazine. Increased security at Electrical Utility companies for the prevention of ordinary events also provides protection for the extraordinary events. There has been a tremendous focus on protecting our …