A riveting read about the Nestle Maggi noodles scandal in India. The quote from the Nestle CEO says it all: ““We were right on factual arguments and yet so wrong on arguing. It’s not a matter of being right. It’s a matter of engaging the right way and finding a solution.” Read the full Fortune article here.
What are the key risk indicators in your organisation? Culture is a key for driving performance, but it can also be a leading indicator for risks. ASIC have now confirmed that they will be looking at company culture as we can see from this article from Mondaq.
Find out how your organisation can protect itself from the risks of Australia’s contractor management changes.
This article from Mondaq demonstrates the ability to defend a claim of negligence by being able to evidence the proactive risk management initiatives taken.
How confident are you that your products have not been adulterated?
What would happen to your business, if you’re product recall claim was denied ? A cautionary note about an insured’s duty of disclosure, because the ramifications could be costly, even to the largest of organisations. Read the full article here
The Internet of Things (IoT) offers great opportunities for manufacturers to create efficiencies in their supply chain. But like any significant change, there are risks that need to be managed… Read the full article here
With a complex ownership structure that raises questions regarding governance process, it is not a giant leap to start questioning the culture within Volkswagen that would ultimately lead to the emissions scandal. Read more here from the Ethical Boardroom….
The food safety crisis that hit the Chipotle restaurant chain in the US provides a stark reminder of the lasting implications of significant food safety issues. This article demonstrates the impact the incident had on share price, the legal ramifications, the impact on reputation and the increase in costs that resulted.
How well does the agricultural industry understand their obligations in relation to the Australian Consumer Law?
