article thumbnail

Chief Procurement Officer Search: Securing Your Supply Chain Leadership

N2Growth Blog

Effective leaders in this space have the ability to optimize supply chain operations, streamline processes, and identify cost-saving opportunities. Moreover, strong leadership in supply chain management ensures cost efficiency. Technology can play a pivotal role in the initial stages of the CPO search process.

article thumbnail

Board Governance Excellence: The Pinnacle of Organizational Success

N2Growth Blog

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Risk Assessment in Business

Strategy Driven

To safeguard your business as much as possible, a risk management plan is vital. Many of the risks a company faces can cost your organization money or result in it closing permanently. What Does a Risk Management Plan Entail? Certain questions have to be answered as part of the risk management process.

article thumbnail

The Difference Between Great Leaders And Posers

N2Growth Blog

We have created legions of risk managers posing as leaders, when what we need are more leaders who understand how opportunity adds value, shapes culture, attracts talent, and brings about transformative change. Significant opportunities are not only scarce, but they typically operate on the principal of diminishing returns.

article thumbnail

The Big Picture of Business – The Fine Art of Failure: Benefiting from Mistakes to Assure Success

Strategy Driven

The importance of research, due-diligence and marketplace understanding surface. Experience Gathering – Circumstances within and outside your control caused the projects to fail. Learns which external factors to trust and which cannot be controlled. Grooming – The team let you down. Learns what you are capable of doing.

article thumbnail

What it means to be Bonded, Licensed, and Insured

Strategy Driven

state requires certain professions and businesses to be licensed before they operate. Customers should do due diligence and check if the company or contractor that they plan to hire are licensed, bonded, and insured. When a company is bonded, it tells customers that it is well-funded just in case any untoward incident occurs.

article thumbnail

How the CFO and General Counsel Can Partner More Effectively

Harvard Business Review

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. One key to this partnership is identifying risk priorities—whether economic (e.g. Compliance.

CFO 8