Reading Time: 2 minutesThe principles of corporate governance that are implemented and the model that is chosen, decides how well a corporate governance system works, that is, whether it is good or bad governance. As we have seen, good governance can be identified by taking into consideration certain characteristics. Since all these aspects have been covered, we also […]
Reading Time: 3 minutesIn one of our previous posts, we spoke about how GDPR needs to go hand in hand with GRC. Since its implementation on May 25th, 2018, GDPR has done what it was supposed to do- ensure privacy of data. All of us would have noticed a sudden inflow of emails or would have received alerts […]
Reading Time: 2 minutes9 out of every 10 start-ups failed. Many of them made a great start with their innovative product and caught the attention of the community. However, they failed to sustain in long-term. The most important factor for effectively driving your business to success is setting your business goals. Defining your goal is very important not […]
Reading Time: 2 minutesA challenge that business entities face is – Marketing Competition. A business has to formulate its marketing strategy and continuously assess its operational relevance. The increasing use of social media platforms by stakeholders makes the social media policy of business important. Entities have to market their brand, product or service in order to capture market […]
Reading Time: 2 minutes  Governance is not a separate activity but an inherent part of any organization. It refers to the processes by which organizations are operated, guided and held to account. Governance involves authority, accountability, leadership, direction and control in an organisation. Governance keeps our organizations and communities functioning soundly and democratically. There are two main components […]
Reading Time: 3 minutesWe have seen in our various blogs that management and governance is always important if you want your organisation to succeed. It is important that people working in a company work together as a team and towards a common goal that contributes to the overall development of the organisation as well as an all round […]
Reading Time: 3 minutesWe have spoken a lot about project management in the past few blogs. What it is, its phases, what a project manager does, the tools used and so on. As a project proceeds, risk becomes a very important aspect to consider. In case of unmitigated risks, the entire project might fail and the results would […]
Reading Time: 3 minutesAll corporations, big or small, need to be controlled and directed. Corporate governance is the term given to the system of rules, practices and processes through which an organization or a firm is directed and controlled. Corporate governance helps you to keep track of your company’s progress and growth and make sure everything is working […]
Reading Time: 2 minutesAs we saw in our last blog post audit management is extremely important. Let us now look at what internal audit is. Auditing is done to officially inspect an organization and its workings. Internal auditing, is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. The role of internal audit is to […]
Reading Time: 2 minutesAny organization worth its salt needs to undergo auditing- be it external or internal. An audit can be defined as an official inspection of an organization’s accounts which may typically be carried out by and independent body. Auditing makes sure that everything is being correctly implemented in a way that is efficient and effective, therefore […]
Reading Time: 2 minutes  In our last blog post, Importance of Delegating, we looked at some of the ways in which delegating helps you and your organisation grow. In this blog post we will discuss a few tips which will help you delegate tasks and responsibilities effectively so that your team shares the workload and together, everyone achieves […]
Reading Time: 2 minutes  One can learn a lot from the Japanese work culture and efficient workplace techniques. The famous among them include the Kaizen technique, the Kanban technique and the 5S methodology. The 5S workplace methodology makes use of the 5 Japanese words: Seiri, Seiton, Seiso, Seiketsu and Shitsuke. These words when translated into English closely mean the same […]