The Noggin Blog

 

For retailers, the holiday season means big bucks. Last year's, the most robust in a decade, saw sales top $690 billion in the U.S. alone. Add in European sales, and that figure jumps up to one trillion dollars.

Topics: Crisis Management, Crisis Plans, Crisis Planning, Noggin Crisis

 

A run-through of what happened

How prepared are organizations to tackle critical issues and major crises? That’s the question we at Noggin alongside our partner Deloitte posed to invited customers in an inaugural series of breakfast seminars exploring the theme of overconfidence and crisis preparedness.

Topics: Critical Issues Management, Crisis Management, Crisis Planning, Crisis Plans, Work Health Safety, Risk Management, Conferences & Events, Enterprise Resilience

 

California is ablaze. Northern California’s Camp Fire has already become the deadliest in the state’s history. The Woolsey fire, rampaging through heavily-populated Los Angeles and Ventura counties, is comparable in size to the city of Denver. For crisis leaders, it’s past time to dust of those corporate crisis plans and get serious about severe weather preparedness.

Topics: Crisis Management, Noggin Crisis, Crisis Planning, Crisis Plans, Emergency Response

 

How much did corporate reputations slump during the financial crisis? A lot, at least according to industry actors at the time. For instance, when polled in 2009, 85 percent of executives agreed that the public’s trust in business had diminished.

Topics: Noggin Crisis, Crisis Management, Crisis Planning, Crisis Plans

 

GDPR has officially been on the books for a few months now. So what do the new regulations mean for the world of finance?

Topics: Crisis Planning, Crisis Plans, Noggin Crisis, Crisis Management, Critical Issues Management

 Cyber-criminals are unrelenting

The numbers in last month’s Facebook data breach were big. All told, 30 million accounts were potentially affected, with hackers stealing personal information from 14 million Facebook users. But, as big as those numbers are, the data breach is actually part of an even larger story: it’s a stark reminder, if ever we needed it, that cyber-criminals are waging a never-ending battle.

Topics: Crisis Planning, Crisis Plans, Crisis Management, Noggin Crisis

 

When it comes to data breaches, no sector is more vulnerable than retail – that includes finance, insurance, and hospitality. In the U.S. alone, 75 percent of retailers have experienced some form of data breach since opening. A whopping 50 percent of retailers experienced a breach just last year. And that’s up from 19 percent the year before – a staggering year-on-year increase.

Topics: Crisis Plans, Crisis Planning, Noggin Crisis, Crisis Management, Critical Issues Management

So far this year, the U.S. has already been hit by six storms, excluding the recent Hurricane Florence, that were each severe enough to inflict at least $1 billion in damages. Together, these storms caused more than thirty deaths.

Hurricane Florence—which recently struck the Southeast U.S. leading to severe flooding in the Carolinas—caused an estimated $20 billion in damages, possibly higher given that estimates on the monetary cost are still being estimated, and led to more than forty deaths.

Topics: Crisis Planning, Crisis Management, Emergency Response

 

Team-driven operational planning is the key to most successful incident response efforts, even severe weather emergency response. For instance, the people on your school’s severe weather emergency response team will be the ones helping you craft, implement, and refine your plan. Here’re some tips to help you choose wisely:

Topics: Crisis Planning, Crisis Plans, Noggin Crisis, Crisis Management, Critical Issues Management

 

Selling goods on the market? Then you know the product recall threat can’t be understated. Defective products are already a leading cause of liability loss, according to insurance giant, Allianz. And the overall toll of consumer goods incidents to (just) the U.S. economy: $1 trillion plus per year. You can’t make this stuff up.

Topics: Crisis Planning, Crisis Plans, Noggin Crisis, Crisis Management, Critical Issues Management