Negligent failure to plan: the next liability frontier?

An employer can be considered negligent if it does not take reasonable risks to eliminate or diminish known or reasonably foreseeable risks. Organizations owe a duty of care to protect their employees, their communities and themselves from foreseeable harm. Signs that some companies are still unprep...

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Veröffentlicht in:Bank Accounting & Finance 2003-06, Vol.16 (4), p.31
Hauptverfasser: Blythe, Bruce T, Stivarius, Terri Butler
Format: Magazinearticle
Sprache:eng
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Zusammenfassung:An employer can be considered negligent if it does not take reasonable risks to eliminate or diminish known or reasonably foreseeable risks. Organizations owe a duty of care to protect their employees, their communities and themselves from foreseeable harm. Signs that some companies are still unprepared include: 1. denying that it can happen, 2. being reticent to make crisis preparedness a priority, 3. allowing oneself to remain unaware of risks associated with the business, 4, ignoring warning signs as these emerge, and 5. relying on weak, untested plans. Luck is not an adequate strategy. Organizations need to plan ahead for contingencies.
ISSN:0894-3958