This Is How We Do Things
What exactly is corporate culture? While the term is generic, and usually refers to the major characteristics of a company, there is nothing generic about corporate culture when it comes to how it is practised within the various organisations. Each one has a bespoke culture, developed and perpetuated by the
There is more to corporate ethics than meets the eye
Every case of fraud, corruption, exploitation and oppression has at its root, a lack of ethics; perhaps not a complete absence of it but certainly enough to retard the perpetrators’ integrity. Ethics and integrity: you can’t have one without the other. These become even rarer commodities especially in the world
Business continuity management is about preparing to deal with the inevitable
Every business needs a contingency plan because in today’s uncertain environment, the only sure thing is that sooner or later, the organisation will come face to face with adversity. It could take the form of the coronavirus, a natural disaster like an earthquake, flood or tsunami; systems could be hacked,
Steps that you can take to blunt the edge off cyber attacks
Cyber threats have been around as long as there have been computers; it is only fairly recently, however, that we have become aware of their extent, and how damaging they can be. In the past three decades, we have seen various worms, viruses, trojans, malware and ransomware increase in virulence
The 8 operational risk taxonomy that you should know
Operational risk, the loss resulting from inadequate or failed internal processes, people and systems, or other external events is essentially juggling every aspect of operations; everything passes through your hands, and you cannot afford to take your eyes off the objects you’re juggling for even a second. As environments grow
Preparation is key, no one is spared from cyber attack
At the tail end of 2019, Travelex, one of the world’s largest retail currency dealers, had its systems hacked. The hackers demanded a US$6 million ransom, or they would go public with Travelex’s customers’ sensitive data, which included credit card information. Travelex was forced to take its services offline, and
3 situations to apply credit risk mitigation strategies
Every time a bank or any other financial institution gives a loan, there is always the risk that the borrower may default on repayment. This is Credit Risk (CR), which may be defined as the risk of the non-fulfilment of a financial obligation, such as a borrower not being able to
Is evaluating corporate performance a critical component of Enterprise Risk Management?
This is a truly loaded question – and sometimes the answer may be hard to swallow! But measuring corporate performance is a must; today’s business environment demands it. Measuring corporate performance quintessentially means determining how to carry on managing the business, and ensuring its sustainability. Besides, if you don’t know how
Corporate culture is not just about appearances
Mention “Corporate Culture” and images of sleek, successful IT companies invariably spring to mind: Google, for instance, with its name in bright primary colours and its purportedly ultra-relaxed working environment; its headquarters in Mountain View has 30 cafes, and food is free. Or Apple, with its propensity for uniquely-designed computers