Blog

By Leon Gettler

The importance of risk management is growing as the business world becomes more complex and more interconnected. Risk management is about identifying potential risks to the profitability or existence of the company. It’s about assessing threats and putting plans in place in case things go wrong. Risk management takes in a wide variety of areas: enterprise risk;, corporate governance;, regulatory and operational risk,; business continuity, ; information and security risk, ; technology risk,; and market and credit risk.

Everyone is more qualified than ever before and companies are on the lookout to find the best and brightest.

Conflict situations are inevitable in every work-place. Put people with different goals, agendas and ways of working together, and the sparks fly.

With organisations changing all the time, managers can’t assume that staff will adapt. What they need to do is create systems that support individual resilience
 

The key to initiating change in your business is to ensure management is committed to the cause. By Leon Gettler

Could positive thinking have negative outcomes? A specialist in social psychology has set out to investigate, writes Ainsleigh Sheridan

Organisations large and small can always borrow from the wisdom of the military. Gerard McManus discusses 10 enduring, but unique, characteristics of the military that are worth imitating.

Modern leadership often portrays the command and control, top-down, ask-no-questions methodologies of the military as out- dated and even unnecessary in the more holistic and "fun" working environments sought by contemporary businesses and other organisations.

But some principles of management unique to the military remain effective simply because they have to be effective.

Transforming an organisation's culture is no easy task, but the benefits from getting it right are substantial. By Amy Birchall

By Leon Gettler

More individual employees or teams are now directly reporting to line managers. With companies cutting back on HR departments, line managers are picking up more HR responsibilities. Like for example, providing coaching and guidance, undertaking performance appraisals and dealing with discipline and grievances. They also often carry out tasks such as recruitment and selection or pastoral care in conjunction with HR. What should managers know about HR?

By Leon Gettler For the non-accountant, accounting is a completely different universe, one where you have to be across accounting concepts and terminology, all the principles of the double entry system and accruals, analysis and interpretation of financial statements and depreciation of capital assets where a company allocates an asset’s cost over the duration of its useful life. Each time a company prepares its financial statements, it records a depreciation expense allocating a portion of the cost of the buildings, machines or equipment it has purchased to the current fiscal year.