In 2018, CBS faced intense scrutiny when CEO Les Moonves was accused of sexual misconduct. The network’s delayed response, even as allegations stacked up, led to increased public backlash and investor unease, resulting in a slump in CBS’s stock price. The situation highlighted how slow action can essentially become inaction, compounding both reputational and financial risks.
A strong, proactive risk mitigation plan is essential to protect employees, the company, and its shareholders. Swift internal responses to complaints not only prevent escalation but also maintain trust and safeguard long-term value.
For assistance in reviewing your current processes or to explore how empathiHR can assist your company in mitigating its risks to claims of harassment & discrimination, contact 866-240-6618 or hello@empathihr.com
More in
A monthly post delivered straight to your inbox
Zero spam, just the good stuff