In 2019, 57% of senior-level executives report they are ill prepared to address business risk and compliance. This comes as no surprise, with only 36% of organizations adopting a formal enterprise risk management (ERM) program. It’s clear that we have a problem. Corporations are failing to address the risks inherent in their business, and lack […]
Category: Risk
In the Health and Safety Executive (HSE)‘s report titled “Health and safety at work: Summary statistics for Great Britain 2019”, 581,000 non-fatal injuries were logged. 138,000 of these were severe enough to put workers out of action for 7 days or more, and 147 workers died. Those figures are only rough estimates though, as almost […]
What do BlackBerry, BP, Target, and a large engineering company have in common? All four organizations failed to assess risk and as a result, suffered hugely (I’ll be divulging the gory details later). But, BlackBerry, Kodak, Target, and the large engineering firm aren’t the only ones. For the average organization, over 85% of its efforts […]