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Change management is a term that refers to a structured approach to implementing a change strategy within an organisation. The organisation not only outlines the steps required for change, but it also supports and assists employees in adapting to it. Furthermore, it establishes methods for monitoring the change to determine whether or not it was successfully implemented.
Making organizational-wide changes is a difficult task. It is a involving process that necessitates many individual components
A key goal for the design of any organisational framework should be to integrate it into business-as-usual. So that it is simply “how things are done around here”. Especially for a risk framework.
Risk management, not risk taking, still suffers from an abundance of misperception of it being a compliance activity. Something that has to be done as an extra and not really related to “real work”.
Last week I gave a tip on how to make your risk framework easily digestible by a leader so they take the t
Quarterly Update on Global Jet Kerosene Market
For the Quarter Ending March 2021
North America
Jet Kerosene demand were observed improving consistently compared to the prior quarter in North America, as international flights stated taking off with the economic rebound. Although the demand for Jet Kerosene from the aviation sector was observed to be low initially during January, but rapid vaccination roll out brought overall improvement in the demand. Varying with consistent demand from the aviatio
खादी और ग्रामोद्योग आयोग (केवीआईसी का फूल-फॉर्म) देश भर में ग्रामीण क्षेत्रों में खादी और अन्य ग्रामोद्योगों के विकास के लिए कार्यक्रमों की योजना, प्रचार, आयोजन और कार्यान्वयन करता है। एमएसएमई व्यापारियों को आवश्यकता पड़ने पर बिजनेस लोन भी प्रदान करता है।
साथ ही साथ केवीआईसी उत्पादकों को आपूर्ति के लिए कच्चे माल के भंडार के निर्माण में भी मदद करता है। खादी ग्रामोउद्योग आयोग कच्चे माल, जैसे अर्ध-तैयार माल के के लिए सामान्य सेवा सुविधाओं के निर्माण पर ध्यान केंद्रित करता है। केवीआईसी ने खादी उद्
Introduction
The topic of environmental, social and governance (ESG) criteria is especially prominent right now. But why is ESG important?
It’s all about the See-Through Economy. By taking a look at trends and patterns over the course of recent history, it’s clear that ESG is a growing concern for consumers, investors and regulators everywhere. The See-Through Economy has driven the value of global assets applying environmental, social and governance data to drive investment decisions to al
In this week's blog post, we're sharing insights on our latest interview with Steven Minsky. Steven is the CEO and founder at LogicManager, which is a powerful risk management software. Especially during the pandemic, LogicManager has spent a lot of effort to create a relief package for their customers, to ensure their software and services can be used in innovative ways and create success stories and solutions that are available for everyone on their website. We had our first interview with
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The first step in risk management is to identify them: while there are some common threats that fintech companies face, not all of them provide the same services or operate in the same markets, which means that each company faces unique safety and prevention challenges.
Having said that, we recommend that you identify the risks that your fintech faces based on the unique characteristics of its products and services, as well as the unique characteristics of its target audience and environment.
Co
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Six Sigma has proven to be an effective methodology for reducing variation in the manufacturing process. It enables businesses to streamline their operations by reducing or eliminating defects in manufacturing processes. As a result, business output improves, resulting in cost savings, increased customer satisfaction, and a higher bottom line. And, because of its emphasis on continuous improvement, organizations are better positioned to continue improving in the foreseeable future and reap addit
Global Research, June 24, 2021
The world is currently in the midst of the biggest economic and social experiment of its entire history, with big tech trying to completely digitize our entire lives.
Under the pretext of preventing the spread of a disease, we are being pushed to work from home, learn via homeschooling, shop only online, communicate via internet conference platforms, and have our movement and contact profile recorded via tracking apps.
Digitization is also
For the Quarter Ending March 2021
North America
In North America, the price of Ethanol surged due to production cuts and high demand from the domestic consumers as well as for exports. Ethanol prices skyrocketed during Q1 2021 as an effect of low feedstock corn availability. Furthermore, winter season disrupted the production activity across the gulf coast that led several production plants to face unplanned shutdowns during January-February. In addition, USA exports skyrocketed due to sudden rise
For the Quarter Ending March 2021
Asia
The Asian market faced huge demand for Ethylene and its derivatives from downstream sectors which significantly supported its prices. In China, Ethylene demand suddenly surged after lunar holidays, but tight supply boosted the prices. Meanwhile, South Korean Hanwha’s 310 KTPA manufacturing unit went for partial shutdown in March. This shutdown was implemented to expand its production capacity and it is anticipated to resume its operation in early Q2 2021.
Market Overview
For the Quarter Ending March 2021
North America
Alkyl Amines market in the North American region witnessed constraint supplies of feedstock and was unable to cater the demand from downstream agrochemical and pharmaceutical market. Amines plants in DOW and BASF were forced to shut down amid the severe freeze weather conditions in the USA Gulf region. The region witnessed steep uptrend in the feedstock Ammonia prices which led to a multifold hike in the prices of Alkyl Amines as w
Management is not a function nor a blend of functions. It is a practice best understood by means of experience that are set in context.
All levels of education divide subject matter into definite categories, according to the means of creation of that knowledge, not by the manner in which it is used. This is true for Management Education as well.
Management Education being imparted in educational institutions, although essential, is missing a tremendous chance of creative learning for practicing
US digital war against China:
a means to preserve world
domination
Source: Global Times
China-US Photo: Global Times
Alongside its trade war, the US government is also engaged in a digital war against China. A central target of this US war is microchips, the heart of all information technology devices and development.In September 2020, the US imposed a draconian ban on the export of crucial materials needed by China's leading chip manufacturer Semicondu
JPMorgan, Citigroup, and BofA Ruled Not "Fit" to
Participate in Huge European Bond Offering
Because of Past Crimes
Wall Street on Parade
A Citizen Guide to Wall Street
By Pam Martens and Russ Martens: June 18, 2021, ~
Flag of the European Union
How embarrassing it must be for Jerome Powell, Chairman of the Federal Reserve, that three of the largest banks in the U.S. that are supervised by the Fed, have been deemed not trustworthy enough by the European Commission that they were banned from particip
When I run training for the development of risk frameworks, I ask participants to hold up their hand if they have a framework that is more than a couple of pages. I ask them to keep their hand up if it’s more than 10 pages, 20, 50 and I keep going if needs be. The winner so far had a framework that was over 200 pages. I kid you not. No wonder they were there to get help.
A great risk framework achieves your desired goals in the least amount of words possible. It should:
- Integrate risk into busines
While every business understands the critical nature of regulatory compliance, we frequently hear about compliance violations and massive fines levied by regulatory bodies. Enforcing regulatory compliance is a challenging task because it requires compliance from every stakeholder in the business process. The employee dealing with customers on the front line must be aware of the organization's compliance requirements, but they are only the first line of defense. Then it becomes their manager's re
