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Annual Board Evaluations: A Gateway to Sustained Board Effectiveness

N2Growth Blog

One best practice is to utilize anonymous surveys or questionnaires, allowing board members to share their thoughts without fearing potential repercussions. Boards are critical in overseeing and guiding the company’s risk management framework, ensuring adequate measures are in place to identify, assess, and mitigate potential risks.

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Big Data, Big Opportunity

Chartered Management Institute

Worryingly, one recent survey indicated that while companies are investing heavily in Big Data, many employees lack data-mining and analytics skills. Big Data poses challenges that have to be addressed by all areas of responsibility of a company: legal, ethical, marketing, personnel, risk management and financial.

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Why Ethical People Make Unethical Choices

Harvard Business Review

Most companies have ethics and compliance policies that get reviewed and signed annually by all employees. “Employees are charged with conducting their business affairs in accordance with the highest ethical standards,” reads one such example. Creating an Ethical Workplace. You and Your Team Series. Mark Chussil.

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Has Jim Goodnight Cracked the Code of Corporate Culture?

Michael Lee Stallard

The Conference Board released research in January that concluded employee satisfaction and engagement in America were at the lowest point since it began surveying more than 20 years ago. The data suggest otherwise. The report also concluded that the downward trend began long before the Great Recession. Education is another field he mentioned.

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The Big Picture of Business – Quality is Important for Business: Real Quality vs. Arbitrary Metrics

Strategy Driven

In order to complete the chain, organizations must insist that suppliers, professional services counselors and vendors show demonstrated quality programs, as well as ethics statements. Commission customer and employee surveys. This includes repeating surveys to assure that you are making adequate progress.

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We Shouldn’t Always Need a “Business Case” to Do the Right Thing

Harvard Business Review

I’ve been a consultant for almost 20 years, advising companies on complex challenges in ethics, risk, and responsibility. Happily fading from memory is the cliché that ethics and compliance teams effectively constitute a “business prevention department.”

Ethics 14
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Five House Rules for Managing Risky Behavior

Harvard Business Review

For enterprise risk management, key policies include a statement of risk appetite and explicit risk tolerance levels for critical risks. The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior.