Entries by StrategyDriven

Recommended Resource – How to Win Friends & Influence People

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How To Win Friends and Influence People by Dale Carnegie About the Reference How To Win Friends and Influence People by Dale Carnegie is the timeless classic that reveals how leaders can engage and motivate individuals to become teams; joining together to achieve a common purpose and produce more than the sum of their singular […]

Budget Development Warning Flag 1 – Division by Twelve Budgeting

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Annual budget development is often time consuming and tedious, one of the evil necessities of managing a business. Subsequently, managers frequently seek shortcuts to reduce this burden; one such burden reducing action being the equal distribution of budget revenues and expenditures during each of the fiscal year’s twelve months.

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The Big Picture of Business: Lessons About Business Planning To Be Learned from the Y2K Bug

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The U.S. economy spent between $800 billion and one trillion dollars fixing and treating the so-called Y2K Bug. Certainly, aspects of the bug were treated successfully, and troubles were averted because of professional actions. No doubt, public hype contributed to a ‘sky is falling’ situation that made computer consultants rich. Technology constitutes less than 1% […]

Risk Management Best Practice 2 – Integrated Risk Assurance Oversight Matrix

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Maintaining compliance in today’s highly regulated, rule-driven marketplace requires diligent oversight of the organization’s core processes by the company’s staff. This oversight takes many forms from internal audits, self-assessments, management observations, and quality checkpoints embedded within the processes themselves. These points of oversight, however, may individually fall short from providing fully effective compliance risk assurance. Therefore, deliberate action should be taken to marry these assurance activities into a single cohesive program.