RiskSmart Tips From RiskSmart Solutions

Risks of Growing Too Fast

Charles T. Wilson — Thu, 26 Aug 2010 00:42:36 +0000

As we come out of this sluggish economy, one of the things businesses would like to experience is growth. There can be some downsides you’ll want to avoid. This RiskSmart Tip was recently re-published by Agents of America. ******* Many business people envy the companies that are on the “100 Fastest Growing” lists. The risk [...]

Lessons from an Auto Thief

Charles T. Wilson — Tue, 10 Aug 2010 21:20:53 +0000

I know several people who’ve had their car stolen – do you? It happens about every 30 seconds in the US. Some folks were not unhappy – looking forward to a new ride. Recently a client’s new model car was taken from his driveway in an upscale neighborhood using a “replacement” electronic key. Along with [...]

How to Destroy Your Reputation in 7 Easy Steps

Charles T. Wilson — Tue, 13 Jul 2010 01:20:38 +0000

There has been lots of talk about ‘Reputational Risk’ recently, and many role models to show how to handle – or not – a business crisis. Arrogance, greed, secrecy and easy shortcuts seem to characterize financial institutions and coal mines, Toyota, and now BP. We are witnessing some terrific learning moments for risk management. Business [...]

Group Insurance Quagmire

Charles T. Wilson — Tue, 08 Jun 2010 16:19:14 +0000

I regularly find clients have signed up for “group” insurance policies – usually because they appear to be a low-cost option in these tough times. These group (or ‘shared’) policies can come from a variety of sources. Co-employers or PEOs (Professional Employer Organizations) offer Workers’ Compensation and sometimes Employment Practices Liability insurance. Payroll service providers [...]

Be RiskSmart with Social Media

Charles T. Wilson — Wed, 12 May 2010 16:47:11 +0000

“The Times They Are A Changin’ ” ~ Bob Dylan [lyrics] Despite all that’s been written about social media and the explosive growth of sites like Linkedin, Twitter, Facebook, and many others, most business leaders have a lot to learn. Less than a quarter of them are connected or have policies or strategies in this [...]