When the pandemic was announced, a lot of companies went into a tailspin. Even banks – which are usually well attuned to risks in their environment – were stunned at its magnitude, and the devastating global impact that it had in such a short time. But this should not have
With the latest version of the Malaysian Code of Corporate Governance (MCCG 2021), the focus of corporate governance has shifted more concertedly to the aspect of CARE. This was evident from the previous iteration of the Code but the sharper focus of MCCG 2021 is intended to build stakeholder confidence.
Despite the proven effectiveness of Enterprise Risk Management (ERM) and the pivotal role of risk management professionals, many companies have yet to fully embrace ERM practices or integrate them into their strategies, policies, frameworks and processes. This reluctance may be attributed to a lack of understanding resulting in the difficulty
Found in more than 140 countries today, codes of corporate governance were originally developed to complement the regulations already existing in their respective jurisdictions, in the areas of corporate law, regulations and governance. They were fairly flexible so as not to stifle business, yet strict enough to keep organisations responsible
What makes an organisation sustainable? Businesses carry on as long as they have people to buy their products and services. But nowadays, how these businesses put together those products and services are becoming of interest to groups of stakeholders who are not necessarily financially invested in the business but are
Project Management (PM) generally covers the management of the tools and resources, including talent, skills, techniques and knowledge, that a project requires. It involves the planning and management of all matters relating to the project in order that the project is successfully completed, or attains its stated objectives. Project managers
“Down Time” inevitably means lost revenues, delays, disruptions and complications in the future. Lost revenues mean reduced profits, and a decrease in the value of the business. A business continuity plan is essential because in today’s frenetic, globalised world, the Butterfly Effect is ever present. Businesses stand to fail if