What do Tyco Services, Huatai Group, Ford Malaysia, L'Oreal Argentina, Barclay's Bank of Ghana and The Ethical Investment Company of Australia all have in common? Each is among the 630 companies the United Nations Global Compact has booted off of its worldwide list of participants for failure to submit a...
The Find: It's not news that popularity breeds popularity and people follow the herd, but social psychology research points out that this principle, known as "social proof," can radically improve results and is often underutilized. The Source: An experiment on hotel guests towel recycling habits related in...
In this paper, the key issues and risks are spelt out in more detail about Financial services businesses and principles are put forward that can serve as benchmarks. The principles apply across the banking, insurance and securities sectors, and the international committees involved in each sector may build on these...
The importance of corporate governance has attracted a great deal of attention over the last decade. Although it has received less focus, pension plan governance has an important role to play and will continue to be under closer scrutiny. The paper depicts about a particular aspect of pension plan governance...
Regulators are implementing principles-based approaches to capital and reserve requirements for U.S. life insurers that demand sophisticated stochastic models. While actuaries are well equipped to develop basic stochastic models, the advanced product and management strategies, such as dynamic hedging, have resulted in more complex models with lengthier run times. New...
This paper considers the value-addedness that notions of emotional literacy give to prestigious schools in Australia. Combining ideas of self-esteem and emotional intelligence, emotional literacy has emerged as a pedagogical project in such schools. Moreover, ideas about emotional literacy are used to sell educational packages in which they sit comfortably...
The different managing skills related to time, meetings, and projects are not only similar in principles, but also in techniques used. Adopting one of these skills and applying the principles can progressively lead towards learning the others. An example principle would be, if one believes in the value of his...
In the last decade the strategic role of operations has increased, which led to fast improvements in management and methodology. In parallel, two basic principles have been strengthened. One of the principles is the idea to concentrate on processes instead of organizational function based task orientation. The other principle is...
Information Security, or IS, is a large field with many different areas of technical specialties come together for form a framework or model for proper information protection. The fundamental principles of IS are Confidentiality, Integrity, and availably/accessibility or the CIA triad. Each principle is equal to the next in precedence....
Many people want to be coached to manage their time better. You cannot manage time anyway; it just keeps ticking away no matter what you do. What you can do is manage yourself based on the two concepts: self-knowledge and self-acceptance. This paper gives four principles to maximize the time...
Southwest Airlines keeps soaring. Its stock price rose a compounded 21,000% between 1972 and 1992 and leapt 300% between 1995 and 2000. Why does Southwest succeed while so many other airlines fail? Because it sticks...
A number of principles can be derived from the perspectives provided in the chapters of this monograph. These principles include the following: secure companies survive reasonable net PMLs, multiple tools should be used to judge risk management programs, strategies should be evaluated with major stakeholders in mind, watch out for...
The use of biomass and waste for energy production contributes substantially in reduction of CO2 emissions. System studies showed that gasification in combination with Solid Oxide Fuel Cell SOFC could achieve an overall efficiency of 50%. In the framework of the NOVEM program "Energie Winning uit Afval en Biomassa EWAB",...
Effective management calls for leading an organization effectively towards a common goal. The process requires support from all the departments of an organization that appreciate managerial efforts. There are various principles pertaining to management that should be followed by companies. The principles include explaining people about the objectives of organization,...
The economy has gone through a dramatic transformation in recent years, and the pace of change keeps accelerating. For business leaders, the ability to introduce change into their organizations has become a major determinant of career success or failure. Unfortunately, implementing change is a complex, untidy and laborious process. There...
Digital leadership demands living by the enduring principles that make for success, and augmenting with new qualities that enable speed, flexibility, risk-taking, an obsession with customers and new levels of communication inside the organization. Business leadership can be distilled into the phrase "doing the right things right." When leaders succeed...
This article defines the corporate principles that guide how they operate at Travelers Property Casualty. These principles are standards of behavior that are consistent with our corporate values and tied to their business strategies. Principles are a commitment to what one should be and an affirmation of what they are:...
The given governance principles of Drew Industries Incorporated have been approved by the Board of Directors and, along with the Charters of the Board Committees, provide the framework for the governance of the Company. The Board will review these principles and other aspects of the Company’s governance annually or more...
These fundamental rules form the basis for any economic analyses and choices for growth. In this article, one will find the key economic principles that make businesses succeed and also how to apply those principles to own business.
This article talks about the theory of contracting under asymmetric information. It focuses on three main principle of the theory such as: 1. It establish a competitive analog to the revelation principle which is known as an implementation principle. This principle provides a complete characterization of all incentive compatible, indirect...
