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Unlocking Excellence: The Role of a Chief Procurement Officer

N2Growth Blog

As the primary procurement and supply operations overseer, the CPO is crucial in improving procurement excellence. This requires a thorough understanding of market dynamics, supplier capabilities, and emerging industry trends. Furthermore, they must also prioritize compliance and risk management in procurement operations.

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How to empower your people to become your greatest risk management asset

CEO Insider

After all, your employees touch every aspect of your business; from day-to-day operations, engaging with customers, utilising technology, creating your processes and policies, to making decisions and taking action (or inaction) that affects your business daily. Your people are literally the heart of your business. Harnessing […].

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The Importance of Workers Compensation Insurance for Hawaii Businesses

Strategy Driven

Companies can purchase private market insurance from licensed insurers or through the assigned risk pool operated. Coverage for Lost Wages If an employee suffers a work-related injury or illness, the policy will cover medical expenses and a portion of their lost wages.

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Risk Management – Value of Effective Risk Management

Strategy Driven

Most think of risk management as an insurance policy, the price paid to help prevent potentially negative outcomes. Such a view leads to the conclusion that risk management is a business expense with a highly subjective value proposition. Complimentary Resource – Enterprise Risk Management (ERM) Healthcheck.

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4 Types of Insurance for Cannabis Companies: Do You Know the Hidden Traps of the Industry?

Strategy Driven

There are four types of insurance necessary to protect the hefty investment in cannabis operations when problems crop up. Not all insurance companies sell policies to marijuana dispensaries, retail stores, and landlords who house marijuana-related businesses or grow operations. How Easy Is It To Find Marijuana Insurance?

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Small Firms Shifting Horizons As A Result Of Brexit

The Horizons Tracker

It shows clear attempts to move exports away from EU markets to elsewhere in the world. The data showed that the smallest exporters were shifting up to 46% of their export growth from the EU to other markets since the referendum in 2016, with slightly larger firms shifting around 19% of their exports. Gravity defying. Tariff barriers.

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The Importance of Risk Assessment in Business

Strategy Driven

Externally, there are political issues, interest and exchange rates, new market competitors, and financial risks such as investments. Internal risks include workplace injuries, non-compliance, information breaches, loss of funds through theft and many other unexpected events. What Does a Risk Management Plan Entail?