Ensure the success of your business by having your employees regularly trained on the importance of internal controls and ethical business values. An informed employee is more likely to make the right decisions that ensure business continuity. It is important that employees connect with and understand the vision, mission and goals of an organisation.
The board of directors is tasked with the strategic leadership and management of an organisation which requires a perfect mix of skills and experience. A good board should have a mix of old and new directors to complement one another while ensuring continuity. Board inductions and trainings offer an opportunity for new and old directors to perform at their best as a unified board of directors.
Business growth in the global village depends on an organisation's ability to attract the best partners in the business value chain that ensure the client is always satisfied. Identifying the best growth strategy and strategic alliances for your organisation is the next step in taking your business to the next level.
Risks are a reality of everyday life whether its upside or downside risk knowing how to identify and minimise the negative effects of business risks can save your organisation from financial failure. Every organisation should have a risk management policy that is officially communicated, understood and practised by all staff, more so in these times of unprecented worldwide disasters.
The culture of an organisation is a direct result of the actions of the leadership from the board of directors to the executive managers. Setting the right atmosphere where good ethical behaviour permeates throughout the organisation should be a priority of the board of directors through educating all staff on the ethical codes and standards enforced on every member.