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 ...
Reporting structure refers to the authority relationships in a company – who reports to whom. For small businesses with only a couple of employees, that structure is often self-evident: Everyone ...
Accounting is the basis of business decisions. While you may not be an accountant, or even like accounting, you are likely a decision-maker. You are asked to make numerous business decisions every ...
A previous blog, “Should Procurement Have a Seat at the Table?” is directly related to the question of organizational structure. Consequently, the issue presented in the title to this blog is one that ...
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 ever-evolving cybersecurity threat landscape increases the importance of both the CISO role and the need to study where it falls within the enterprise. In 1994, Steve Katz became the world’s first ...