Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist and ...

When I ask leaders and teams to concisely summarize their company’s management approach, the pause I get hangs in the air like a frisbee tossed on a windy day. No one seems to know which direction the ...

One of the problems with many risk management functions, as I see it, is their reporting structure. The ideal is viewed by many (including regulators) as reporting directly to the board or a committee ...

LONDON/NEW YORK(Thomson Reuters Regulatory Intelligence) - This is the first of two articles looking at policy management. It focuses on basic policy management principles, while the second will look ...

In the following article, from 2014, I discussed an organization-related issue that limits the overall positive impact the purchasing function can have on company financials. Specifically, the article ...

The role of the account person was incredibly critical to an agency’s success up until perhaps a decade or so ago when agency fees got so thin, they simply couldn’t afford that layer of staff. So ...

In commercial real estate, asset management is often misunderstood. Too frequently, it’s viewed as a stewardship function—responsible for overseeing operations, approving leases and tracking ...

Effective risk management at central banks is best enabled by a sound framework embedded throughout the organization that supports the design and execution of risk management activities. To evaluate ...