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Reputation Management In A Crisis


Last week, we discussed the importance of reputation management and how risky it can be. Controlling public perception is always important, but it is absolutely crucial in a crisis situation. When something goes wrong in your organization, managing public perception will prevent a simple mistake from becoming catastrophic. Key sectors for crisis management include ethics, quality, safety, and security.

Topics: planning for a crisis reputation risk reputation risk management crisis management plan crisis risk management

6 Ways to Manage Reputational Risk


Every organization, no matter the structure, nature of operations, or size, has reputational risk. All risks are significant in and of themselves, but resulting reputation damage can be even more catastrophic, as a reputation is one of a company’s biggest assets. Sometimes all it takes is a rumour to make the public lose confidence in an organization, ending it quite quickly. As Warren Buffet said, “it takes 20 years to build a reputation, and five minutes to ruin it”.

Topics: reputation risk reputation risk management companies reputation importance of a reputation reputation planning

Find Out How This Company Decreased Annual Claims Cost by 48%!


Universal Parking of America is a national leader in hospitality and management services. Like many organizations with legacy systems, they dealt with lengthy incident forms and submission processes, which made risk management, incident analysis, and reporting time-consuming and ineffective. With ClearRisk, they have managed to decrease the time spent per claim by 88% and time spent reporting incidents has lowered by 75%. 

Topics: risk management tips reducing claim costs decreasing cost of claims risk management claims

5 Reasons Why Organizations Should Stop Using Excel


Practically everyone in an office environment has some understanding of Excel and similar spreadsheet programs. They revolutionized computing for finance and accounting firms and can be incredibly useful for a number of purposes. However, as organizations become increasingly complex, spreadsheets can create more problems than they solve. For risk management in particular, organizations should consider moving to a more modern approach, such as a Risk Management Information System (RMIS). Here are some of the reasons why:

5 Actions That May Be Sabotaging Your Risk Management


Organizations have always been managing risk, both formally and informally. Risk management as a profession, however, has become increasingly popular in the last few decades. With promises of huge financial savings and other benefits, organizations are eager to begin. However, it should not be taken lightly. There is a process to follow, and there are several key issues that risk managers often have trouble with. If you feel your initiative isn’t fully effective, here are several actions that may be hindering your project and how to fix them. 

Topics: risk analysis risk management failure ineffective risk management mistakes in risk management

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