Remove Chemicals Remove Innovation Remove Management Remove Risk Management
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StrategyDriven Launches Operational Risk Management Resource Forum

Strategy Driven

StrategyDriven is proud to announce the launch of a risk management resource forum; providing innovative thought leadership and collaboration opportunities to help leaders effectively address their most pressing operational risks. Complimentary Resource – Operational Risk Management.

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Small Firms Shifting Horizons As A Result Of Brexit

The Horizons Tracker

Sectors such as chemicals, food and drink, and textiles were among the most enthusiastic shifters. The researchers suggest that the desire for small firms to move could be because they have a smaller order book that doesn’t allow them to hedge their risk in the way larger firms can. Tariff barriers. ”

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

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Consumer Warning Labels Aren’t Working

Harvard Business Review

A label may read, for example : “WARNING: This product contains a chemical known to the state of California to cause cancer.” ” Many consumers regard this cancer warning as comparable in severity to cigarette warnings, even though the risk levels depend on the chemical present and often differ markedly.

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Why Organizations Forget What They Learn from Failures

Harvard Business Review

After the 2005 explosion, the Chemical Safety and Hazard Investigation Board pushed BP to focus more on safety. But court rulings related to the second explosion found that cost cutting had proceeded, despite the safety risks. Further, managers should remain especially vigilant in the promotion of a culture of safety.

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Uber Needs Our Permission to Grow

Harvard Business Review

I am a firm believer that companies need society’s permission to grow, and it would appear that Mr. Kalanick and the management team at Uber are coming to this realization as well. ” Mind you, this was well before Wal-Mart management rolled out its kinder, gentler vision (“Save money. Live better.”).

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The Comprehensive Business Case for Sustainability

Harvard Business Review

These require sophisticated, sustainability-based management. ” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk. Fostering innovation. Investing in sustainability is not only a risk management tool; it can also drive innovation.