Risk Management Consulting provides enterprise level risk management and insurance review services to organizations nationwide. We bring together three decades of real world experience, in-depth regulatory knowledge, and clear communications to deliver comprehensive business solutions that are tailored to the needs of your company.
Food safety lacking in first quarter of 2011
April 26, 2011
There have been more than 100 food recalls during the first quarter of 2011, writes Dan Flynn at Food Safety News.
Remember that the FDA now has the power to force a recall of suspect products.
Four days into the new year, President Obama signed the FDA Food Safety and Modernization Act,… (read more)
Smart Phones Pose a New Risk
September 13, 2010
A new article at CFO Magazine discusses the issue of smartphone use by employees. Employees using their personal mobile devices to store and transmit company data represents a growing legal risk.
If a company is sued or investigated, it could be required as part of the discovery process to… (read more)
On the Value of Third-Party Contract Reviews
July 2, 2010
Contract Compliance — Third-party contract reviews can maximize revenue, minimize costs
By Gary Sturisky, MBA, CPA, CMC; Global Practice Leader, Risk Advisory, Jefferson Wells
This article presents a well-thought-out rationale for reviewing vendor contracts and auditing vendor compliance… (read more)
10 Key Product Recall Considerations for Food and Beverage Companies
June 11, 2010
Food and Beverage product recalls have proliferated in the past few years, leading many consumers to question the integrity of growers, manufacturers, distributors, retailers and regulators. Unfortunately, many companies continue to be unprepared to conduct rapid and appropriate operations and… (read more)
First Lettuce Recall of 2010
May 7, 2010
Unfortunately for consumers, terrorists do not need to strike at America’s food supply – E.coli is being introduced into the food supply without their help. With the advent of Spring comes the first lettuce recall of the season. The following story was published today in The Columbus Dispatch… (read more)
Data Quality Continues to Hamper Financial Institution Operational Risk Management
May 5, 2010
A survey conducted in February 2010 by the Economist Intelligence Unit (EIU) for SAS found that only 39 percent of respondents believe they are effectively collecting, storing and aggregating data; while four out of five companies surveyed are increasing investment in data quality and… (read more)