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Crisis Management Update: Managing your business through change and disruption
This week's guide to Crisis Management
 
This week's email features a look at Contractors ought to address material price increases head-on; The 'Great Resignation,' departing employees and new federal efforts to restrict noncompetes; Preventing unauthorized resale of trademarked products online; Art of networking in a post-pandemic environment; Being authentic with DEI in the workplace.
 
For more on Crisis Management be sure to visit our website, crisismanagementupdate.com. We'd love to hear your thoughts or feedback on this newsletter. Please contact Patrick Brannan at pbrannan@bridgetowermedia.com.
1
 
Contractors ought to address material price increases head-on
Generally, contractors assume the risk of material prices when they sign a lump sum or GMP contract unless there is a material escalation clause included in the contract terms. Thus, many contractors are likely wondering what their options are to try and get paid for some of these price increases, especially if they are mid-project and do not have a material escalation clause in their contract. Consider the following guidance on mitigating damages arising from these significant price increases.
 
2
The ‘Great Resignation,’ departing employees and new federal efforts to restrict noncompetes
The Great Resignation is coming. Unprecedented numbers of employees are expected to change jobs, and more than half of them will take confidential company information. Worse, 40 percent of them will use that information at their new job .
 
3
Being authentic with DEI in the workplace
How can companies be authentic with diversity, equity and inclusion (DEI) in the workplace when it comes to hiring talent?
 
  • Understanding DEI
  • Creating a Safe Space for LGBTQIA
  • Hiring Women and Minorities
  • Authenticity in Company Size
  • Keeping DEI authentic in the workplace
 
4
 
Art of networking in a post-pandemic environment
As we transition back into the workplace, it’s important to consider new ways to build a network.
 
5
Preventing unauthorized resale of trademarked products online
Trademark law provides clear protection against the sale of counterfeit goods; however, preventing the unauthorized sale of authentically branded goods is not so straightforward.
 
 

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