CFOs and CEOS will be the ones held accountable if hurricanes, floods, wild fires and other natural disasters harm shareholder value. California wild fires pushing utility PG&E to bankruptcy and the devastation of Texas chemical plants and Puerto Rican pharmaceutical plants proves that businesses need "What-if" committees to evaluate even the effects of climate change in their business continuity and disaster preparedness planning.
Third edition of my effort to summarize certain important employment law, OSHA, and labor developments, news and practical insight. I also include references to books and podcasts that you may find useful in becoming a better manager and addressing labor and employment challenges, as well as personal development. This week's edition has three pages of comments from readers and interviews in Part 2.
A year of hurricanes, fires, explosions and mass shootings has shown that employers are ill prepared for a new type and volume of catastrophes - and in fact may not even recognize the next big catastrophe coming. It's time to plan, and to be creative.
One would think that we are all desensitized to these terrible workplace shootings, but I find myself wrestling with the “whys” and “what to do next” following the San Bernardino mass murder. We’ll write and post more on the subject of workplace violence and active shooters, but one point stuck out to me in the early coverage.
I recently read a fictional account of a 1918 flu-like pandemic which shut down basic services for an extended period. I come from a less conspiratorial perspective, but the Annapolis grad author raised some valid points and painted an all too vivid picture of how badly people might behave.