Consumer safety is the staple of a top business, and perhaps it is easy to understand why. Ultimately, business managers who understand the importance of consumer safety can drive ongoing innovations and improvements. These managers may be better
Consumer safety is important, regardless of a company’s size, stature or industry. However, few business managers understand what it takes to develop a consumer safety strategy that can foster business growth. Today, consumer safety data can
Consumer safety complaints can put a business, its brand reputation and its revenues in danger. Meanwhile, business managers who lack insights into product quality and safety complaints may struggle to resolve product failures, warranty claims and
Consumer safety often separates an ordinary company from an industry leader. Typically, a business that does the bare minimum to produce safe, effective products is unlikely to stand out from the competition. On the other hand, a company that goes
Although a company may have a consumer safety strategy in place, this business may need to do more to prevent product quality and safety issues from happening. Consumer safety problems can arise at any time. And when they occur, these issues can r
Believe it or not, the effects of a “basic” consumer safety strategy often stretch across a business. And over an extended period of time, this strategy may do more harm than good for a company, its employees and its customers. A basic
The U.S. Consumer Product Safety Commission (CPSC) is urging consumers to stop using LayZ Board self-balancing scooters, i.e. hoverboards, following a tragic fire that took place earlier this year. According to the CPSC, two young girls died in a
Does your business have an effective consumer safety strategy in place? If not, your company may risk brand reputation damage, revenue losses and corporate and/or federal penalties. To better understand the importance of effective consumer safety
A business that does not report product defects puts its brand reputation, revenues and customers at risk. Ultimately, how a business approach product defects can play a critical role in its short- and long-term success. If a company takes a proac
A consumer safety fine initially may cost a business thousands or millions of dollars. However, the costs of this penalty may stretch far beyond a company’s bottom line. For example, consider what might happen if a company suffers a product
