Va. Tech Verdict Will Change Risk Management
Today a jury found Va. Tech liable for not acting and communicating quick enough during the tragic shooting rampage. This verdict will change risk management approaches on campus and in businesses across this country. The jury made it clear that entities will have to have a quick response and communication risk strategy to save others and prevent further loss and to avoid liability. There is no way to prevent random acts of violence but this verdict will make it clear that risk managers will have to mitigate further loss by having a mechinism to alarm, protect, and secure others. Until next time be careful out there and know your risks. K