financial risk

Multi-Decade High Inflation Creates Both Risks and Opportunities

Back at the beginning of 2021, I explored the gathering storm clouds of inflation and whether it was going to become an issue for businesses and individuals in the year ahead. Very few were talking about it at the time, but signs were percolating that price inflation was indeed going to increase – the question…
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supply chain bottlenecks

7 Important Considerations for Addressing Supply Chain Bottlenecks and Shortages

To anyone paying attention, uncertainty is becoming more intense with each passing day it seems. And in this particular moment, supply chain bottlenecks and shortages are fueling much of this uncertainty. I think you’ll agree – besides seeing masks everywhere, one of the most visible and ubiquitous signs of the COVID-19 pandemic over the last…
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8 Ways Enterprise Risk Management is Different (…and Better) than Traditional Risk Management

Updated September 24, 2019 Soon after establishing this blog in the fall of 2016, I published a post outlining differences between traditional risk management and enterprise risk management (ERM). It has since become one of the most popular posts here and a good starting point for those just learning about ERM. Much has changed since…
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8 Areas Where Florida Restaurants Must Proactively Manage Risks

It’s no secret that running a restaurant is hard… My husband’s grandfather, who was a successful business owner, told him that if a restaurant breaks even in 3 years, they’re doing really well. For some reason, his statement has stuck over the years, and it is something I think about frequently, especially since I started…
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Risk Management Decisions Impact on People and Businesses in Hurricane Hermine Aftermath

The Situation Hurricane Hermine started making her impression on Tallahassee in the evening of Thursday, September 1, 2016.   Only a few hours into the storm, approximately 130,000 in the Tallahassee region lost power, including almost 70,000 customers of the City of Tallahassee public utility.  As of 4:30pm on Tuesday, September 6, 10,000 of those same…
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