Business continuity is defined as the ability of a business or organization to deliver its products to customers in the event of disruptions or tragedy. The office move cannot be classified as a disaster, but it can affect the daily operations of the business. As a business owner … [Read more...]
6 Important Tips for Managing a Team of Remote Workers
An estimated 50 percent of the global workforce now operates remotely. Of the half still working through conventional means, as much as 90 percent wish telecommuting was an option for them. While telecommuting generates a number of new opportunities for employers and skilled … [Read more...]
What is ERM?
ERM is an acronym for “enterprise risk management” and refers to the processes put in place to minimize internal and external threats that a business may face. According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO), ERM includes all the steps … [Read more...]
Business Tactics 2019: The Significance of Synergy Between Leadership & Compliance
Introduction When it comes to running a business, there are many moving parts that are constantly changing - New business laws, employees, customers, money coming in, and money going out. At the top of a business venture, there's more than likely a C.E.O. or a group of owners … [Read more...]
Risk Tolerance versus Risk Appetite
Even though risk tolerance and risk appetite are used interchangeably in most cases, they are different from one another by a certain degree. With many standards and regulations focusing on the process of risk management, only a few of them define clearly the distinctions between … [Read more...]
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