Susan Siemann

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Susan Siemann

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So far Susan Siemann has created 4 blog entries.

Compliance management as a means of crisis prevention

By |2019-10-28T15:03:54+01:00 28 October, 2019|Uncategorized|

Keeping an eye on the numerous legal requirements for companies is a great challenge for many entrepreneurs. And yet it is worth taking up this challenge. Legal violations can quickly turn into a tangible crisis for the company. Claims for damages (e.g. from product liability), fines (e.g. breaches of antitrust law or data protection requirements), but also financial losses due to loss of reputation; whether committed intentionally or negligently, the legal consequences of a breach of law can endanger the continued existence of the company. The entrepreneurial framework of responsibility and action and the associated obligations and risks should therefore be known and regularly reviewed. A functioning compliance management helps to identify the requirements and risks and can serve business continuity management as the basis for a comprehensive risk analysis. Furthermore, it supports the prevention of legal violations with suitable measures such as training and sensitization and thus [...]

Climate change as a business risk?

By |2019-07-03T10:02:08+02:00 3 July, 2019|Uncategorized|

Climate change and its consequences are painfully felt in many areas and increasingly pose a threat to people and the environment. According to the German Weather Service (DWD), "around 9% more precipitation falls over the year than 140 years ago". The increase in heat waves and hot days can also be clearly seen in the climate report of the German Weather Service (source: bkk.bund.de). Direct consequences of the climatic changes are weather extremes such as heavy rain (or snow), heat (or extreme cold) as well as increasing storms. They have an increasing impact on infrastructure, health, water resources, ecosystems, and much more. In the future, companies will also have to deal even more thoroughly with the possible effects and consequences of climate change. In May of this year, heavy rainfall caused the ceiling of a hospital delivery room to collapse and, at some point, electricity to fail. It [...]