Contributing Member of the Financial & Business Services Councils

GLG News by this Author

Swine Flu financial and operational impacts.

April 27, 2009

Analysis of:FACTBOX: Economic costs of a flu pandemic | www.reuters.com

Supply chain disruption Loss of shareholder value Stock market drop Drop in pork demand Travel Restrictions Triggerring corprate and state pandemic plans Increase in Tamiflu/antivirals demand Screening of air passengers from Mexico Increased saftey precautions for import & distribution of Mexican goods  Blacklash for government response

The next Sarbanes Oxley for 7 million businesses: Look for your letter from DHS

August 18, 2008

Analysis of:Introducing Title IX: Voluntary Certification | www.avalution.com

The Department of Homeland Security is currently rolling out enforcement of Public Law 110-53, Title IX requiring all public and private businesses to  have continuity plan with independent third party certification. This law represents the potential to create a Sarbanes Oxley level of commitment and expense for all businesses. DHS will began contacting 7 million business next month. Every business needs a continuity plan. The 9/11 Commission found that "preparedness is not a luxury, but a cost of doing business." Public Law 110-53 and Title IX represent putting these principles into action. Businesses should be concerned that "voluntary" becomes dictatorial, oppressive, and a financial disaster. Unless industry acts collectively to design industry specific voluntary standards that can be self-evaluated, a Sarbanes-Oxley regulatory type continuity burden will quickly follow for continuity and disaster planning.

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