RiskIMPACT

Why Should a CFO Care About Sustainability?

Simply stated, corporate profitability comes from maximizing topline revenue and minimizing  expenses. Many businesses employ financial executives, such as Chief Financial Officers, to help strategically manage their finances and ensure profitability. They crunch numbers, analyze cost/benefits, and advocate doing more with less. It’s

 

4 Key Steps to a Risk Management Plan

Every business has risks but not every business is aware of them, or prepared for them. How confident are you about the risks facing your organization? Often, the reality of risk only becomes apparent when a catastrophe occurs. If you’re completely confident that you have identified and prepared for all risks, then read no more. Still 

 

Top-Down Safety Improves The Bottom Line

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I want to talk to you about worker safety.” Those were the first words uttered by Paul O’Neill as the new CEO of Alcoa. Not surprisingly, his speech stunned stockholders, some of whom thought the Board of Directors had hired a “long-haired hippie” to run the company. Alcoa’s founder invented the process used around the world for 

 

A Retailer's Reputation Risk: Mile a Minute

200464106-001 Brandt D. Beal CEO In the retail industry, companies face situations where risks are encountered from all angles. They spend significant dollars and years building a positive reputation for their brand. For retailers, public perception is one of their greatest assets, but it can quickly become their greatest liability. Reputation is as important as product. This is especially true for convenience stores, an extremely competitive segment of the retail industry. With over 148,000 convenience stores in the United States, customers have many choices, often just across the street or next door, magnifying the retailers’ need for a good reputation.