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Look and Listen

Published Wednesday, April 01, 2009

Who isn't feeling the pressure of this economy? As costs are cut and employees are asked to do “more with less,” the opportunity for mistakes increases. The burdens placed on supervisors and the workers they oversee are particularly troublesome and risky. Ironically, as firms keep a careful eye on their expenses, their eyes tend to wander away from risk management efforts aimed at preventing expensive losses. But in a deteriorating economy, a company's exposure tends to increase because they have fewer resources on which to rely. Fewer people are carrying out day-to-day operations with less training and using ...

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