Your Business’s Secret Weapon: Generation X

Your Business’s Secret Weapon: Generation X

There has been an abundance of smart articles and blog posts in recent years on millennials in the workforce and how employers can meet this generation’s needs in order to increase retention. There have also been several corresponding articles on how best to leverage the experience and wisdom of near-retirement baby boomers, and a burgeoning…

What is Directors’ and Officers’ Liability Insurance?

What is Directors’ and Officers’ Liability Insurance?

Unlike a commercial general liability insurance (CGL) policy that provides coverage for claims arising from property damage and bodily injury, a directors’ and officers’ liability (D&O) policy specifically provides coverage for a “wrongful act,” such as an actual or alleged error, omission, misleading statement, neglect or breach of duty—which can include Fiduciary Duty, Negligence Duty…

Process Visualization: Mapping and Improving your Operations

Process Visualization: Mapping and Improving your Operations

Understanding your core processes is critical to managing the growth and development of your company. As you grow, you need to be able to understand how your company can take on additional sales (what’s your capacity, do you manage all aspects of production internally, how does the company interact with customers), develop new products (what…

The Scully Effect: Did Aliens on TV Drive Women into STEM?

The Scully Effect: Did Aliens on TV Drive Women into STEM?

If you were around in the 1990s, you may have watched Gillian Anderson in The X-Files. Anderson played FBI Agent and medical doctor Dana Scully, the skeptical foil to Agent Fox Mulder (David Duchovny). While Mulder was a believer in all things occult and extra-terrestrial, Scully was analytical; she demanded scientific proof before she would…

Risk Management Strategy: Contingent Business Interruption Insurance

Risk Management Strategy: Contingent Business Interruption Insurance

Just one brief business interruption can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures. Standard business interruption policies are vital in these instances, providing protection against a variety of common interruptions, including natural disasters, equipment damage, and vandalism. But what happens when one of your suppliers or customers…