A crisis is any situation that runs the risk of escalating in intensity and damaging a company’s bottom line in some way or the other. During a crisis, a company must try to curb the situation by implementing effective crisis communication plan. Crisis communication plan helps in preparing people to...
This article discusses some scattered incidents of improper practices that undercut shareholder returns. But the stories were easy to shrug off, appearing to affect only some investors in a handful of funds – and not causing very significant losses even for them. The $7 trillion fund industry is in the...
In the contemporary business era, where the focus is on cost-effectiveness, organizations are reviewing the perquisites they offer their employees. Non-justifiable benefits are being done away with and executives are being asked to pay for their own expenses. In addition to this, companies are also redefining bonus, stock-options, and other...
While serving to curb inappropriate or abusive use, an effective and properly administered Web-use policy can encourage and guide the workforce to use the enterprise's Internet resources for positive, constructive, work-related purposes. This white paper looks at the major issues involved in formulating Web-use policy.
From the executive summary: ‘Recent rules adopted by the U.S. Securities and Exchange Commission to curb the kind of legal and accounting shenanigans that toppled companies like Enron and Arthur Andersen are not as strong as the SEC first indicated they might be. But do they still have enough teeth...
In times of recession, organizations avoid the expenditure on unnecessary and non-clear business activities. Advertising is a marketing activity for which it is very difficult to predict accurate results. Therefore, an organization is always unclear about the outcome of its advertising efforts. It is imperative for the organization to put...
This article discusses the small Caterpillar Hydraulic Excavators, ranging from the 307C to the 314C CR, which are the ideal machines for many contractors working in confined urban spaces. Not only are they the right size, but they also are the right operating weight to minimize damage to pavement and...
All organizations face some amount of risk, but very few try to curb them. It is better that an organization controls risks as and when they occur, rather than delay the process. The delay in controlling the risk will culminate into a bigger risk, which might be beyond anyone’s control....
New certification and internal control requirements are heaping new hazards on finance chiefs. Whether the wide-ranging provisions of Sarbanes-Oxley actually keep corporate corruption in check remains to be seen. In a recent poll of finance executives conducted by Parson Consulting, only 6 percent of the respondents said they thought the...
The U.S. Department of Energy DOE believes that biofuels - made from crops of native grasses, such as fast-growing switchgrass - could reduce the nation's dependence on foreign oil, curb emissions of the "greenhouse gas" carbon dioxide, and strengthen America's farm economy. This article focuses on this kind of biofuels...
Over the years, many companies are resorting to the benefits of ‘project risk management program.’ The program helps in identifying an ensuing risk, assessing the total loss incurred from risks, and provides ways to curb them. Hence, it is essential for organizations to focus on the problem areas and fill...
Researches indicate that preventive action is usually taken after a disaster strikes. As a result, an employer is considered negligent if the organization fails to take necessary action to curb or eliminate foreseeable risks that could cause harm. Hence, it is the onus of organizations to devise an effective crisis...
One may wonder why it is important to be ethical during a market research. Nevertheless, ethics will help researchers to curb errant marketing practices. This white paper presents a few slides on the ethics in marketing research and what could be the implications from errant marketing practices.
This paper discusses the workers' comp premiums. Companies are joining self-insured groups with others in their industries. As a largely white-collar employer, Sherlock, Smith & Adams has never given much thought to its workers' compensation insurance rates. But last year the Montgomery, Ala.-based architecture firm was told that the annual...
The paper summarises the outcomes of the Workshop of the Judicial Group on Strengthening Judicial Integrity, convened by the Centre for International Crime Prevention at its Headquarters in Vienna, in April 2000. It examines the causes and indicators of judicial corruption and presents the recommendations made by the group for...
Over the years, the insurance sector is facing the brunt of heavy crisis. Debt load and workers' compensation re-insurance losses have pushed insurers towards the brink of insolvency. Experts suggest that the situation can be controlled if insurance companies adopt proper risk management policy. The process can help curb risk...
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 went into effect in October of that year. As its name clearly implies, it was designed to make bankruptcy less attractive to filers and curb perceived abuses of the bankruptcy system. The fight about this law was waged by financial...
From the executive summary: ‘Reports of executives also getting paid huge sums in the wake of alleged fraudulent schemes have irked investors and sparked legislative action. Indeed, initiatives to curb excessive pay and make deferred compensation less attractive may have some unintended consequences. However, certain strategies, some involving maneuvering within...
Many non-profit organizations try to be ethical which includes trying to curb integrity violations as corruption and fraud. This article focuses on the question what type of leadership contributes to an organization's integrity. Do leaders have to be strict and open and how important is it that leadership gives the...
