In this blog we introduce Bite Communications who are part of the Victual Recall Expert Panel, providing clients with support in PR and social media crisis response. Social media allows your company to communicate directly with its customers like never before. Not only do you control the content; you can speak directly and immediately with customers and build...
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Clients often ask us whether there is one common area where businesses are exposed in the food and beverage industry. The response is surprisingly easy – it’s contract management. Contracts are a tool for defining the rules around a relationship. In many respects they define how risk is shared. For this reason, contracts, and their effective management, become a vitally…
In collaboration with our partner E3Learning we have put together a 3 part series on the implications of risk and technology. Part 1 – https://e3learning.com/confidentbusiness/dont-take-risks-risk-management/ Part 2 – https://e3learning.com/confidentbusiness/investing-risk-management-things-go-wrong/ Part 3 – https://e3learning.com/confidentbusiness/investing-in-risk-management-getting-it-right/
This article from Colin Biggers & Paisley shows that a positive and proactive risk management approach will be your friend in court!
This Swiss re study shows the increase in food related recalls in the US and the rising cost impact on affected companies
Another tragic event that was preventable, through some basic risk management – driver training and traffic management plans. Read the full article from Food&Beverage here: https://foodmag.com.au/potato-farm-fined-over-worker-death/
FM Global have released a useful tool to consider supply chain risk and resilience in the countries you either currently operate in or are considering going to. Read more here
Tragic results emanating from an imported product. So what risk mitigation and audit measures do you have in place to prevent a similar incident happening to your business? Read the full article here.
Independent surveys such as the one from SmartCompany demonstrate the importance of protecting your brand. How are you managing your brand risks to protect your position or indeed improve your customers perception of you brand? Read the full article here.
Proactive management of risk exposures should not be seen as just another expense, but more of an investment in your business. So could your balance sheet, brand and reputation sustain the preventable scenario in this Food and Drink Business article?
