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Planning for 2014 is likely pressing on your mind, or it will be in a short time. You will be faced with answering a key perennial question--how should your organization allocate it’s compliance training budget and what topics should you focus on?
Opinions about which risks are most pressing are often shaped by surveys on litigation, enforcement trends, major scandals, new legislation, and existing compliance requirements. Add in stories told by vendors about what you must be doing, and the picture can get fuzzy.
The problem is that in the heat of a media frenzy or uptick in enforcement, it’s easy to lose sight of some of the most prevalent and pressing compliance risks facing organizations today—HR and workplace respect issues.
These are risks that are common across all your employees and when left unaddressed can destroy your culture and brand reputation. Don’t believe it? Take a page out of the Paula Dean cookbook – her very public racist comments and slurs have caused some real damage to her own brand and the Food Network’s image. The Food Network just publicly announced that it will not renew Paula Deen’s contract when it expires at the end of the month. And one of her largest sponsors, Smithfield Foods, is also calling it quits with Paula Dean.