Foxconn, China’s mega-manufacturing plant that supplies parts for Apple iPhones and Microsoft xboxes, is receiving more bad press for the alleged suicide pact that several of its employees were a part of this week. Last year I wrote about a rise in workplace suicide at Foxconn, where 920,000 people live and work. In 2010, 11 [...]
The October issue of Risk Management magazine is now online. The cover story, “Immovable Objects,” focuses on how complacent boards of directors fear change, often retaining CEOs past the expiration date of their effectiveness. We also cover food safety in a feature by John Turner, North America product recall manager at XL Insurance. And, as [...]
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Cyber Crime,
Cyber Risks,
Cybersecurity,
Food Safety,
Gulf of Guinea,
September 11
There are times when we search fruitlessly for a news piece to inspire a blog post good enough for you readers. And then there are the rare times when we log on to various news sites and are inundated with headlines relating to this industry. Today is one of those days. It looks like Munich [...]
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Hardy Underwriting,
Lloyds Banking Group,
Munich Re,
News Desk,
Twitter
Reputational risk is often overlooked and underestimated, but it may be the most potentially devastating threat to a company today. One only needs to look at the recent trials and tribulations of firms like BP, Toyota or Sony to see the impact that a scandal can have on public perception of a company and its [...]
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Angela Matherly,
John Eltham,
Kieron Russell,
Reputation Risk,
RIMS 2011 Vancouver