Timely, transparent and honest communication is a key but often underestimated factor in the event of a crisis. The article compares two events where two different models of communication were applied: the Deepwater Horizon oil rig disaster and the 9/11 tragedy.
The recent regulatory innovations and related interpretation by the relevant bodies unequivocally provide for the Employer’s obligation to protect travelling staff.
Continuous, periodic and well-structured due diligence on a company’s outside and inner perimeter is an essential best practice when it comes to control procedures, reputation protection and more efficient and informed decision-making.
Due diligence is often carried out through nonhomogeneous activities combining checks on both company registers and international databases. In order to ensure that customer due diligence can provide management with adequate decision-making support, checks must be based on sound and objective parameters.