This paper talks of the importance of adoption of sustainability as corporate strategy by businesses in the developing world. Sustainability has been viewed in this paper primarily from the perspective of biodiversity conservation. Businesses inherently depend on the ecosystem services (i.e. services ...
For instance, researchers found that the “level of differentiation needed was a function of the external environment facing the firm” (Markides and Charitou, 2004:26). Also of importance is structure, which influences and is influenced by strategy. It has been stated that “a poor ...
influencing how they act and who they hire. It then trickles down to the employees, both as characteristics of people the management team hires and as a set of unspoken expectations that employees learn to hire. Corporate culture can also be influenced by national cultures and traditions, econom...
In a corporate context,financial riskrefers to the possibility that a company's cash flow will prove inadequate to meet its obligations—that is, its loan repayments and other debts. Although this inability could relate to or result from decisions made by management (especially company finance pro...
If you want to build a successful organization with the right corporate culture, then team building is an important strategy for achieving this goal. The following are reasons to foster a close-knit relationship among employees. 1. Stronger Communication Better communication is the primary importance...
The Competency Framework was a key resource to align HR systems and programs to the overall corporate strategy. It provided a structure and consistency of approach that allowed the Human Resource function to better support leaders, and ultimately all employees, by improving the way behavior and supe...
Mitigating Risk: A good corporate governance results in mitigation of risk of corporate crises and scandals. If the system is fair, transparent and accountable the company’s board of directors have the knowledge of different types of risks involved in the decision or strategy and in this way th...
Most typically, an operating model is a living set of documents that are continually changing, like an organization chart or the capability model or functional model.The term operating model may have been first used in corporate-level strategy to describe the way in which an organization is ...
These guidelines, paired with your own experience and understanding of packaging methods, can significantly enhance your items' chances of arriving in perfect condition. Your packing strategy directly influences your shipment's journey, from your door to the final destination. ...
Internal controls have become a key business function for every U.S. company since the accounting scandals of the early 2000s. In the wake of such corporate misconduct, theSarbanes-Oxley Act of 2002was enacted to protect investors from fraudulent accounting activities and to improve the accuracy ...