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News and discussion on implementing risk management

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Section 99 of the Environmental Protection Act: Ontario Courts continue to clarify its scope and power

In Huang v Fraser Hillary’s Limited, the Ontario Superior Court of Justice confirmed that plaintiffs can rely on section 99 of the Environmental Protection Act—a section enacted in 1985—to claim damages for spills which occurred before section 99 was enacted. The Court’s discussion in this case provides helpful guidance on the possible reach and limitations of the so-called “spill action” legislation.

 

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Should we take this risk?

Who takes risk? The correct answer is ‘everybody’; everybody who makes a decision and everybody who acts. Every decision and action creates or modifies risk and has the potential to influence the achievement of objectives. Whether it is deciding to go through with an acquisition or to hire this candidate instead of an alternative, risk is being taken.

 

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Directors’ responsibilities – Heightened awareness and standard

While directors’ fiduciary obligations in the for profit sector has been the subject of considerable academic writing and, indeed, lawsuits, the principles that inform directors conduct and responsibility in that sector apply equally to the not for profit sector. We can expect to see a growing trend by which directors of not for profit organizations […]

 

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Top 10 most read Inside Internal Controls posts published in 2015 and Season’s Greetings

The holidays are upon us and it is time to take a well deserved break. Please note that we will not be blogging during the holiday season from Thursday December 24, 2015 at noon to Friday January 1, 2016, inclusive. Our bloggers will resume sharing their expertise and interesting developments in the world of risk management and internal controls on Monday January 4, 2016…

 

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Lead from the front lines: The power of coaching in sales training engagements

What is the lifeblood of any organization? Innovation? Talent? Intellectual property, perhaps? But the answer in this case is sales.

 

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Employee dismissed for cause after breach of privacy policy

In Steel v. Coast Capital Savings Credit Union, the Supreme Court of British Columbia upheld the termination of an employee on a with cause basis after the employee breached the bank’s confidentiality policy

 

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Providing tax-free shares to forgo employment rights

tax-free-shares-uk

Interesting employment law developments are happening in the UK. Beginning in April 2013, British employees will be offered a new option in employment contracts, where they may own shares in the company they work for and in exchange, will forgo certain workers’ rights.

 

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Thinking about customer relationship management

CRM

The concept of customer relationship management (CRM) has long-existed before it was given a designation. In fact, it is a not-so-new buzzword that sounds wonderful, but is actually very hard to implement. What CRM refers to is a kind of cross-functional business strategy that allows organizations to learn more about their customers.

 

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Will poor management decisions mean the end for American Apparel?

You’ve probably heard of American Apparel, the Los Angeles-based clothing manufacturer and retailer that’s so popular with the kids these days, they of the semi-controversial billboard advertisements and almost-certainly-controversial CEO Dov Charney…

 

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