Risk can be defined as the effect of uncertainty on objectives (ISO 31000). There is no gainsaying that the COVID-19 pandemic has created a myriad of uncertainties. With thousands dead, businesses closed in many countries and people on lockdown the future has never been as uncertain as it is today. The only thing we are…
When an organisation sets its vision mission and strategic objectives, it then develops a plan to implement the fore mentioned. For the best of managing Risk, visit this link https://riskmanagementandperformance.blogspot.com/2013/07/managing-risk-managing-performance-two.html
Growth (top-line) and profitability (bottom-line) are two major indices that define how well organizations are doing in pursuit of their strategic objectives and short term goals. For more details, click this link https://riskmanagementandperformance.blogspot.com/2013/08/managing-risks-growing-businesses-face.html
The Institute of Internal Auditors defines Internal auditing as an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. For more information visit https://riskmanagementandperformance.blogspot.com/2013/09/training.clementashley-consulting.net.html
Eighty percent (80%) of business success is tied to people. For more information on headhunting, https://riskmanagementandperformance.blogspot.com/2014/04/managing-risks-of-recruiting.html
Introduction Eighty percent (80%) of business success is tied to people. Recruiting the right people, motivating the right people, training the right people, retaining the right people while releasing the wrong ones is the key to your success. Many business under-perform because they do not know to do this or they can’t do it well.…
Introduction Many entrepreneurs start a business in part to make money and in part to gain freedom, financial and otherwise. They listen to the success stories of entrepreneurs who have made it and they take the plunge. They have a vision of their desired future and a plan to get there. But for many entrepreneurs …
Introduction Growth (top-line) and profitability (bottom-line) are two major indices that define how well organizations are doing in pursuit of their strategic objectives and short term goals. Business organizations achieve growth through organic or inorganic channels. Growth occurs largely via the development of a new product, creation of a new business line, mergers and acquisitions,…
Introduction When an organisation sets its vision mission and strategic objectives, it then develops a plan to implement the fore mentioned. A forward looking enterprise will also develop a performance management and monitoring system and identify Key Performance Indicators (KPI’s). These KPI’s, when monitored, tell management whether they are on track to meeting their objectives.…
Introduction A plan is only as good as the paper it is written on, until it is implemented. Getting the right staff is the very first step but making sure that the right staff are doing the right things and doing them effectively and efficiently is another important task. Peter Drucker said that ‘Plans are…
