Determine the nature of risks like storage of personal information, wire transfers, liabilities, cost of downtime, loss of stakeholder confidence, reputation or business, to identify the right type of insurance to buy.
Institutional knowledge is something companies invest in, yet much of it gets lost, as it is kept in the brains of individual leaders or highly skilled team members who move to new jobs or retire.
Requiring two people whose relationship likely ended at least in part due to their inability to effectively communicate to find consensus presents its challenges. For instance, parents who share legal custody of a child must agree on all non-emergency medical treatment, including preventive care
This return to routine is unquestionably positive, but it won’t be without its challenges. So, how can business owners make the road forward a little less bumpy for themselves and employees as we move toward re-integration?
Organizational development is moving an organization toward change with action-oriented practices, and it’s rooted in a company’s core goals or purpose. It’s basically anything strengthening an organization from the inside out or motivates people to do so.