IMPACT 2016 has come and gone, and risk practitioners from across the United States and Europe were thrilled with the results. IMPACT 2016 was differentiated by the passion behind real customer stories, all shared with actionable takeaways. Topics included third-party risk management, performance integration, cybersecurity, and reporting to the board.
LogicManager’s annual ERM…Continue
Added by Steven Minsky on November 30, 2016 at 5:01pm — No Comments
In my last blog I spoke of your organisation as a market place where you and your team compete for resources. Those resources include money, people and the most valuable resource, people’s time. What you need is another team competing on your behalf. A team of advocates located in the key business units you want to engage with to ensure the valuable resources you need, you get.
In Seth Godin’s book Tribe he describes how he did just that in 1984 at the age of 24 after he…Continue
Added by Bryan Whitefield on November 30, 2016 at 5:36am — No Comments
Organizations in the present world have to reckon with the fact that the virtual team is the reality of the workplace. Among the most important reasons that have contributed to the evolution and growth of this trend, we can point to increasing competition in the marketplace, decentralization and globalization of work processes and advances in information and communication technologies.
If companies have to remain competitive, they need to bring about greater flexibility and agility in…Continue
The most important ingredient of any business is the customer. Mahatma Gandhi nailed it when he said way back in 1890 in South Africa: “A customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him. He is not an interruption of our work. He is the purpose of it. He is not an outsider of our business. He is part of it. We are not doing him a favour by serving him. He is doing us a favour by giving…Continue
Added by TrainHR on November 23, 2016 at 6:46am — No Comments
A talented communicator is not the same as an effective communicator. While a talented communicator can bring in only style and not much substance; the effective communicator goes beyond. Her communication is loaded with trust, respect, understanding, empathy and resolution.
The ability to communicate cannot be hidden. Effective communication goes beyond style and charisma, or possessing a strong vocabulary, or being able to speak in public or even being a good listener. The…Continue
Added by TrainHR on November 22, 2016 at 7:19am — No Comments
Several hours ago, infosec expert Derek Knight found a brand new Locky virus variant spreading out email messages that simulate an Internet service provider (ISP) alert declaring that SPAM has been identified originating from the…Continue
Added by Madeline Dickson on November 21, 2016 at 6:47pm — No Comments
Added by Steven Minsky on November 21, 2016 at 6:00pm — No Comments
Consider this stunning fact: The annual cost of treating mood disorders is around an unimaginable 50 billion USD in the US. Depression alone out beats heart disease, hypertension, and diabetes in terms of days lost. Untreated mental health and stress conditions cost American employers these huge amounts of money every year because such employees indulge in absenteeism, which results in reduced productivity and compensation claims. It is also equally disturbing to note…Continue
Added by TrainHR on November 21, 2016 at 6:26am — No Comments
Those who are responsible for payroll or employer tax withholding compliance or have just been hired or promoted into the payroll department would have discovered during their indoctrination just how important this role is to the success of the organization.
Their learning is a continuous process that goes on and on. Employees in this position need to build a solid foundation for handling their company's payroll obligations and complying with federal and state payroll laws. They need…Continue
Added by GlobalCompliancePanel on November 18, 2016 at 1:15pm — No Comments
Lack of effective communication is at the core of the problems that most organizations face. Over two thirds of small to mid-size businesses admit that communication is their primary problem. A business with around 100 employees spends an average downtime of 17 hours a week on just clarifying communications, losing over half a million dollars annually on this exercise.
Miscommunication can cost an organization anywhere between a fourth and two fifths of its annual budget,…Continue
Added by TrainHR on November 18, 2016 at 7:13am — No Comments
The IRS provides updated tax rates and changes how taxable income is calculated each year. It is changing filing deadlines in 2016. So, organizations that are required to file their taxable incomes need to be fully ready for these filing deadline changes. They need to also be aware of the change in penalty structure for noncompliance that President Obama signed into law in 2016.
It is to give a thorough understanding of this aspect of the W-2 that TrainHR, a leading provider of…Continue
Added by TrainHR on November 17, 2016 at 10:33am — No Comments
The Myers-Briggs Type Indicator (MBTI) is considered the world's most popular personality test, mainly because of its empathetic and comprehensive nature. It continues to be deployed in a number of workplace settings as well as in situations involving family, marriage, and career counseling. Where it differs is that it leads the assessor to understand the assessee from a very in-depth perspective.
It helps overcome certain lacuna associated with the general assessment we are…Continue
Added by TrainHR on November 16, 2016 at 7:17am — No Comments
HR compliance is a sine qua non for organizations from a number of critical perspectives. It is important from these three core perspectives:
Business: A business perspective as training managers in the basics of HR compliance gives them an understanding of the basics of employment law, of how to write documentation and of how to use the tools of employee development. It is the least expensive exercise for an employer to preempt any unwarranted employment…Continue
Added by TrainHR on November 15, 2016 at 7:15am — No Comments
The list of recent FBI’s Internet Crime Complaint Center announcements focuses on the point that today, more than ever, business and private travelers should carefully protect their sensitive and personally identifiable information everywhere travel.
The FBI warns of numerous cases in which travelers’ laptops are corrupted with hostile applications and tools when using airport and hotel Internet connections.
This is something that has happened to many employees: Everyone other than that person seems to be getting promoted easily. The main reason for this is that even though that employee is efficient and productive; the feedback she has had from her superiors is that she may have a superior ability to get results; but her major failing is in the area of communication.
When an employee’s superiors feel that the employee’s communication lacks emotional and social intelligence; the…Continue
Added by TrainHR on November 11, 2016 at 7:36am — No Comments
It is true that employee productivity is very important for the success of any business. Yet, personal and professional issues can bog the best of employees down, with the result that they will not be able to perform to their true potential. These issues can range from high stress, psychological problems, substance abuse, legal troubles and other personal issues. The consequences of these factors is that employees’ productivity and energy and focus levels come down with an increase in…Continue
Added by TrainHR on November 11, 2016 at 7:12am — No Comments
The Boards of Directors of banks continue to face increasing accountability for ensuring their banks are effectively managing risk. Yet, despite improvements in risk identification, reporting, and strategic risk management initiatives, regulators still question whether banks are truly engaging in the right ways on the top risks that could bring down an individual bank or have a broader systemic impact.
Banks and banking rely…
I think it all went wrong from the beginning; calling the risk practitioners "risk managers" creating the perception that they manage the risk, including the perception that the CRO is responsible for risk "management", Then the independent risk functions were mostly "born" out of the internal audit function and called the 2nd Line of Defense; creating the perception that it's another level of policemen and that there is something to "defend" against.
After all of that we created…Continue
Added by Risk Culture Builder on November 10, 2016 at 11:03am — No Comments
In the rush towards accomplishing daily tasks such as running payrolls, validating for accuracy and ensuring compliance; payroll professionals often end up missing the larger picture of the whole payroll operation itself. They often overlook matters of greater importance and value, such as what practices and processes their organization can put in place to make the payroll process more efficient and streamlined.
At a webinar that is being organized by TrainHR, a highly…Continue
Added by TrainHR on November 10, 2016 at 6:38am — No Comments
I have had a few discussions lately about the importance of being crystal clear on why we do what we do. Our purpose. The reason this is so important is beautifully described by Simon Sinek in his book Start with Why: “…people don’t buy what you do, they buy why you do it”.
The same applies within your organisation. An organisation is in effect a market place. People are trading resources such as budget, people, assets and their time based on their perceptions of the value it…Continue
Added by Bryan Whitefield on November 10, 2016 at 2:14am — No Comments