Archive for October, 2016

Fraud Risk Management Guidance Updated by COSO

Managing the risk of fraud is a challenge for organizations of all sizes. A typical organization loses 5% of revenues in a given year as a result of fraud, according to the 2016 global fraud survey results contained in the Report to the Nations on Occupational Fraud and Abuse. But governing boards, senior management, staff at all levels, […]

How You Should Evaluate Your Current Business Model

Business model innovation is job one for organizational leaders. But what is that job? How about we consider first how learning and change ideally occur. In the most recent quite a long while, Russian athletic mentors and coaches scholarly something extremely significant. Competitors could significantly enhance their exhibitions by investing a large portion of their […]

Leadership: Strategy and Tactics

Strategy is the creation of a unique and valuable market position supported by a system of activities that fit together in a complementary way (Porter, 1980). It is about making choices, trade-offs, and deliberately choosing to be different. It should not be confused with operational effectiveness or best practices — what is good for everybody and what every business […]

Internal Control – Integrated Framework

Executive Summary Senior executives have long sought ways to better control the enterprises they run. Internal controls are put in place to keep the company on course toward profitability goals and achievement of its mission, and to minimize surprises along the way. They enable management to deal with rapidly changing economic and competitive environments, shifting […]

My 10 Favorite Classic Management and Leadership Books

My 10 Favorite Classic Management and Leadership Books Prior to the 1980s, there were few books on management and leadership. There were classic works from Peter Drucker, Douglas McGregor, Alfred Sloan, Frederick Taylor, Dale Carnegie, and a handful of others, but I’ll bet they only filled a small section of the local library or bookstore. Sure, […]

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