Strategy Driven

JANUARY 15, 2024

By acquiring the APA® certification, accountants gain a competitive edge, positioning themselves as experts capable of addressing the unique challenges inherent in energy accounting and contributing significantly to the financial success of companies operating in the petroleum sector.

CPA 91

CPA Compliance Finance Risk Management 91

Strategy Driven

JUNE 20, 2024

Asbestos training in manufacturing focuses on recognizing ACMs in equipment and structures, implementing safe work practices, and conducting regular asbestos surveys to maintain a safe working environment. Automotive Repair Surprisingly, automotive repair workshops can also be at risk for asbestos exposure.

Training 103

Training Industry Automotive Compliance 103

N2Growth Blog

DECEMBER 16, 2023

Understanding the Concept of Governance Excellence Governance excellence refers to the strategic oversight conducted by a company’s board of directors that ensures ethical, sustainable, and profitable organizational operations. As an essential prerequisite, compliance demonstrates a commitment to adherence and propriety.

Compliance 244

Compliance Ethics Efficiency Metrics 244

Strategy Driven

OCTOBER 1, 2013

Every organization is challenged by risks manifest through its many different day-to-day operations. To help monitor and manage these risks, most organizations employ groups providing performance and compliance risk assurance so that significantly adverse consequences are avoided. All rights reserved.

Risk Management 64

Risk Management Management Compliance Benchmarking 64

Strategy Driven

NOVEMBER 9, 2023

Effective financial management is a cornerstone of successful business operations. Here, we will delve into some key strategies for successful business finance, highlighting the importance of financial planning, efficient budgeting, smart investments, and risk management.

Finance 95

Finance Strategy Succession Supply Chain 95

N2Growth Blog

OCTOBER 26, 2023

It’s the board’s prerogative to chart a strategic course, oversee the operational ambit, and instill a culture of accountability—morphing it into a cornerstone of organizational governance. It orchestrates the operational rhythm, supervises decision-making, and enforces accountability across the hierarchy.

Succession 418

Succession Ethics Diversity Objective 418

Strategy Driven

MARCH 13, 2012

Maintaining compliance with regulatory requirements, industry guidelines, and organizational commitments is the responsibility of every employee. Compliance typically occurs on a day-to-day basis through the performance of common policies, processes, and procedures. The text above is only a small portion of this article.

Risk Management 50

Risk Management Commitment Compliance Management 50

Strategy Driven

APRIL 9, 2019

Internal risks include workplace injuries, non-compliance, information breaches, loss of funds through theft and many other unexpected events. To safeguard your business as much as possible, a risk management plan is vital. What Does a Risk Management Plan Entail? Risk Assessment Tools and Software.

Risk Management 57

Risk Management Software Due Diligence Parcell 57

Skip Prichard

NOVEMBER 15, 2019

In this environment of constant change, I often hear that we should be agile. It is a new, more advanced way of studying environments, making decisions, building cultures, and operating on a day-to-day basis. When facing a favorable environment, agile organizations grab the initiative and keep competitors off-balance.

Agility 90

Agility How To Decentralization Morale 90

Strategy Driven

APRIL 24, 2013

StrategyDriven Enterprises, LLC and NTE Solutions partner to provide energy industry executives and managers with asset lifecycle management and regulatory compliance advisory services. Risk management and compliance. Project development and management. Performance monitoring and assessment.

Energy 57

Energy Chief Executive Officer Chief Operating Officer Compliance 57

Strategy Driven

JANUARY 30, 2020

But remember that in order to ensure compliance from your workers, building a reminder to change passwords through regular feedback as well as password management tools can help your employees to keep on top of these issues. Many organizations invest in sophisticated equipment but don’t have the means to operate it.

Education 65

Education Outsourcing How To Training 65

Strategy Driven

NOVEMBER 6, 2015

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. Objective analysis of how the organization has operated to date. Assets are adequately valued and managed.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Chartered Management Institute

FEBRUARY 26, 2024

This premise equally applies to the environment businesses operate in today. Human error is a very real consequence of people operating in the real world. Gareth believes organisations tend to fall down when it comes to risk because they don’t train hard enough. Instead, they may rely on set procedures and paperwork.

Uncertainty 52

Uncertainty Risk Management Training Learning-by-Doing 52

Strategy Driven

AUGUST 7, 2024

IAM systems help manage who can access what within a company’s digital environment. This involves managing user identities, their permissions, and their roles within an organization. This helps reduce the risk of data breaches and cyber-attacks. This is managed through access control policies and permissions.

IAM 80

IAM Compliance Management Decentralization 80

Harvard Business Review

JULY 25, 2016

Commentators and researchers have focused on the crucial role of the CEO in leading effective corporate action to promote high performance, high integrity , and sound risk management. Also, the GC now often leads units beyond the legal department, such as public affairs, taxes, and environment. Compliance.

CFO 8

CFO Chief Financial Officer Due Diligence Compliance 8

Great Leadership By Dan

NOVEMBER 26, 2014

The citizens and businesses along the Gulf shore, the environment -- they wanted their old lives back too. Auditing/monitoring and risk assessment – risk assessment is the "radar screen" of threats to your company. For the employees who worked on the rig, their families and friends; they wanted those 11 lives back.

CEO 240

CEO Organization Compliance Report 240

Harvard Business Review

SEPTEMBER 21, 2018

Innovation ranks fifth, after more-conventional concerns such as attracting and retaining top talent and the regulatory environment. Still, it’s telling that board members rate their boards better on risk management than on innovation. — [and] not much on risk, people, innovation.”

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Strategy Driven

JANUARY 3, 2012

Maintaining compliance in today’s highly regulated, rule-driven marketplace requires diligent oversight of the organization’s core processes by the company’s staff. This oversight takes many forms from internal audits, self-assessments, management observations, and quality checkpoints embedded within the processes themselves.

Risk Management 50

Risk Management Management Compliance Newsletter 50

Harvard Business Review

DECEMBER 20, 2016

In a globalized economy, these challenges arise from pervasive, at times catastrophic, issues in international business: cronyism, antitrust, and labor issues, as well as trade, the environment, taxes, and supply chains. This is the essence of corporate citizenship.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

Harvard Business Review

APRIL 3, 2014

Yet managers continue to follow Taylor’s “hard” approach — creating new structures, processes, and systems — when they need to address a management challenge. Hence, the introduction of, say, a risk management team or a compliance unit or an innovation czar. We are living in an age of mounting complexity.

Taylor 13

Taylor Taylorism Mayo Cooper 13

Harvard Business Review

AUGUST 24, 2017

While these explanations need not be mutually exclusive, we found that less litigation was, at least in significant part, consistent with active risk management by the CEO. When it came to risk taking and other behaviors that could generate litigation, lawyer CEOs appeared to act differently from non-lawyer CEOs.

CEO 8

CEO Accrual Accounting Pharmaceuticals Banking 8

Harvard Business Review

OCTOBER 6, 2016

The post-scandal scrutiny of Wells Fargo’s culture has so far focused on the high-pressure sales environment that drove employees to create as many as two million fake accounts. Instead, he called this an operations and compliance issue, perhaps not realizing that both of those functions influence corporate culture.

Banking 11

Banking Leadership Committee Ethics 11

Harvard Business Review

JANUARY 27, 2017

In reality, “handoffs” and transitions prove to be significant operational problems. Top management told store managers and staff to honor requests and obey directives from their new “colleagues”; the resentment and resistance were palpable. It feels like a living, breathing thing.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

NOVEMBER 17, 2017

Multiple conversations about cyber risks are happening across a multitude of divisions in isolation. At the same time, members of the C-suite are measuring their potential impact using different metrics — financial, regulatory, technical, operational — leading to conflicting assessments.

Metrics 8

Metrics CIO Chief Financial Officer Chief Information Officer 8

Harvard Business Review

APRIL 3, 2015

Let’s also consider enterprise social-network tools and workflow management programs , like Yammer and Trello , which can facilitate more dynamic communication among board members and help them analyze their activities, interactions, voting patterns, and so on. How tools are changing the way we manage, learn, and get things done.

Scenario Planning 8

Scenario Planning Tools Technology Compliance 8

Harvard Business Review

OCTOBER 3, 2013

It must be led not by staff, but by business leaders who devote appropriate resources, hire outstanding people and embed the prevent, detect and respond activities deeply in business operations. These business leaders must, however, be aided by highly competent legal, financial, risk, compliance, audit and technology staff.

Banking 8

Banking Management Ethics Letter 8

Strategy Driven

OCTOBER 25, 2013

Another energy industry client operated coal mines. Activities include media-spokesperson training, field and operations staff training, coordination of corporate response and message points, community liaison, collateral materials writing-production, video archiving-production, media relations, monitoring and expert testimony.

Crisis Management 72

Crisis Management Crisis Risk Management Budgeting 72

Strategy Driven

SEPTEMBER 3, 2018

You need to take the time to understand the laws in different markets you are operating in. Your lawyer can help draft the contracts you make and keep your business in compliance with the law at all times. You need to find additional revenue streams so that the business can continue to operate smoothly in different situations.

Insurance 50

Insurance How To Finance Market Segmentation 50

Strategy Driven

JUNE 25, 2018

There are few businesses that don’t rely on the transmission of sensitive digital data in the course of their day to day operations and because of this, cyber security is an ongoing concern. Compliance with GDPR Regulations. Also, anyone who does business with residents in the EU must be in compliance or face a stiff penalty.

Trends 50

Trends DPO Compliance System 50

Harvard Business Review

DECEMBER 26, 2017

customers, competitors, suppliers, employees, regulators, partners, and so on) occur at the level of the operating unit, and if these interfaces are genuinely different between operating units, it makes sense to locate the corresponding tasks (e.g., Reliability through compliance. Avoiding duplication.

Decentralization 8

Decentralization Efficiency Mintzberg Operations 8

Harvard Business Review

APRIL 10, 2014

But we also identified notable differences: namely a greater percentage of FOB than non-FOB directors viewed innovation as their top challenge, and FOB directors were also more concerned than their non-FOB counterparts about the rising cost of materials and commodities, levels of debt and supply chain risk.

FOB 8

FOB Diversity Talent Management How To 8

Harvard Business Review

JANUARY 23, 2018

Smarter algorithms require smarter risk management. Passive AI/ML, on the other hand, presents a different design sensibility and poses different risks. For all intents and purposes, this software acts as manager and coach, setting goals and guidelines even as it offers data-driven advice to get the job done.

Software 8

Software Learning-by-Doing Technology Compliance 8