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Keep the Corporate Purpose Alive.

Rich Gee Group

Here are some insights and action items to help maintain the alignment between daily operations and your corporate purpose: Express the Widespread Impact of Their Work Make the Connection Clear : Employees need to see how their work contributes to the bigger picture. This could be through internal newsletters, meetings, or informal chats.

Metrics 195
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Risk Management Best Practice 3 – Procedure Annotation and Commitment Tracking

Strategy Driven

Maintaining compliance with regulatory requirements, industry guidelines, and organizational commitments is the responsibility of every employee. You just finished reading Risk Management Best Practice 3 - Procedure Annotation and Commitment Tracking ! Consider leaving a comment! Copyright 2007-2011 by StrategyDriven, Inc.

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Updates from the CMI Sri Lanka Board

Chartered Management Institute

This year's AGM was a testament to the dedication and commitment of our members, as they gathered to discuss and reflect on the events and activities of the past year and to look ahead to the forthcoming year. Read it here. The chief guest for the evening was Ann Francke OBE, the Chief Executive Officer of CMI UK.

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Risk Management – Introduction

Strategy Driven

All organizations face a host of risks incurred during the conduct of day-to-day business operations and stakeholder interactions. Effective risk management optimizes the cost of risk monitoring and mitigation with the expense incurred should the event occur. Focus of the Risk Management Topic. Principles. Best Practices.

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Risk Management Best Practice 4 – Risk Quantification

Strategy Driven

Each organization faces a unique set of risks challenging the continuity of its operations. In order for an organization’s leaders to economically manage their business’s risks, they must first understand each risk’s inherent and residual value. Corporate Risk Analysis, Management, and Mitigation. All rights reserved.

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Risk Management Best Practice 5 – Ongoing Risk Monitoring

Strategy Driven

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. Corporate Risk Analysis, Management, and Mitigation.

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Four Steps to Improve Poor Performance

Chart Your Course

For the business, they hurt profits and drain management’s time. According to a report from staffing firm Robert Half International, managers spend nearly 17 percent of their working hours dealing with poor performers. As business strategies and operations change, employees should be given the tools and skills needed to succeed.