 Quote of the Day “Keep a cool head and maintain a low profile. Never take the lead - but aim to do something big.„
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LeadershipAccording to R. J. House, leadership is "the ability of an individual to influence, motivate, and enable others to contribute toward the effectiveness and success of the organizations of which they are members". No matter how one defines leadership, it typically involves an element of vision. A vision provides direction to the influence process. A leader (or group of leaders) can have one or more visions of the future to aid them to move a group successfully towards this goal.Need more information on Leadership?Continue reading 23.01.2007. 08:11 ManagementConcept Briefing:"Management" (from Latin manu agere "to lead by the hand") characterises the process of leading and directing all or part of an organization, often a business, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). Early twentieth-century management writer Mary Parker Follett defined management as "the art of getting things done through people."One can also think of management functionally, as the action of measuring a quantity on a regular basis and of adjusting some initial plan, and as the actions taken to reach one's intended goal. This applies even in situations where planning does not take place. From this perspective, there are five management functions: Planning, Organizing, Leading, Co-ordinating and Controlling. Management is also called "Business Administration", and schools that teach management are usually called "Business Schools". The term "management" may also be used to describe the slate of managers of an organization, for example of a corporation. A governing body is a term used to describe a group formed to manage an organization, such as a sports league. Need more information on Management?Chief Risk OfficerThe chief risk officer or CRO is the executive responsible for efficient and effective management of significant risks, and related opportunities, to a business and its various segments. CRO's roles involve identifying, analyzing and mitigating internal and external events that could threaten a corporation. A main priority for the CRO is to ensure that the organisation is in full compliance with applicable regulations. They may also deal with topics regarding insurance, internal auditing, corporate investigations, fraud, and information security. In most organization, the CRO is entrusted to implement an organization wide risk management program. The CRO may reports to the CEO or directly to the board of directors.Need more information on Chief Risk Officer?09.11.2011. 18:44
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