How Risk Management and Risk Analysis Works A few factors that contribute to business risks include uncertainty in financial markets, threats from project failures at any phase, legal liabilities, credit risks, accidents, or even events of uncertain or unpredictable root-causes. Risk management ideally will prioritize the risks, placing those with the greatest loss or impact and the greatest probability of … Read More
Health Benefits: Wellness Programs Benefit Company and Employees
As healthcare costs continue to escalate without any signs of slowing down, many employers are looking for alternative ways to cut health costs and still provide for employees. The solution: wellness incentive programs. According to a new survey by benefits consultant Towers Watson and the National Business Group on Health, nearly two- thirds of companies said the biggest obstacle to … Read More
J.P. Morgan’s Loss Raises Issue of Risk Management
On May 10, J.P. Morgan CEO Jamie Dimon said the bank had taken $2 billion in trading losses in the past six weeks and could face an additional $1 billion in second-quarter losses due to market volatility. In several trades Dimon described as “flawed” and “poorly monitored,” concerns about increasingly large investments involving complex trades were dismissed, according to the … Read More