05 June 2011 | BestPrax Club Pvt. Ltd.
Global terrorism poses a major threat to businesses the world over. As globalization sweeps the world, it has shrunk the world into a smaller place. Businesses are out of the governmental realm, and have little protection from terrorist activities.
05 May 2011 | BestPrax Club Pvt. Ltd.
Climate change has become a significant agenda for both the government and the corporate sector in the present decade. Climate affects all of us − and the recent forecasts on the worsening global weather conditions (climate change) and their potential to unleash unprecedented catastrophes is a significant cause for concern.
5 April 2011 | BestPrax Club Pvt. Ltd.
Effective leadership is fundamental to building an organisation with high standards of integrity and business ethics. With both the government and corporates becoming embroiled in varied controversies and scandals, the importance of guiding businesses with core values of integrity and ethical business practices is highly relevant.
05 March 2011 | BestPrax Club Pvt. Ltd.
Good corporate citizenship is about finding ways for society and business to work together. It is about an integration of ethical, economic, philanthropic, environmental and social values into the everyday running of a business in a seamless way.
05 January 2011 | BestPrax Club Pvt. Ltd.
Commercial enterprises and organisations which proactively asses and quantify the environmental impact of their business operations and resource consumption through the measurement of carbon dioxide (CO2) and other greenhouse gas (GHG) emissions and implement strategies that reduce these emissions (‘carbon footprints’) will be able to build a competitive advantage, attract investment and build a sustainable business.
5 February 2008 | BestPrax Club Pvt. Ltd.
In every management sphere, leadership holds the key to setting the direction for organizational change and influencing people to follow that path. Able leaders know that their most important responsibility is to be a role model for the rest of the team and this is always demonstrated by being visibly active on the leadership track.
01 January 2008 | BestPrax Club Pvt. Ltd.
Thanks to the rapid changes in industry and market trends, the employment market is full of opportunities for top talent to move up the corporate ladder. Increasingly, the customer too has a plethora of options to choose from.
15 September 2007 | BestPrax Club Pvt. Ltd.
As the world clips at breakneck speed with technological advancement and product innovations all round, the need becomes more critical to exercise some caution and demonstrate a rational approach to ensure that the technological high we are experiencing in our times does not have a long-term, irreversible impact on the environment that we leave behind for the generations to come.
15 June 2007 | BestPrax Club Pvt. Ltd.
‘Business with a Conscience’ must form the core of any organization’s strategy and culture. Organizations that are conscious of this truth implement a compliance framework to achieve sustainable development (SD) and the broader goal of corporate social responsibility (CSR). Such organizations earn respect and goodwill besides profits, and lead others on the path of doing business with a conscience.
01 April 2007 | BestPrax Club Pvt. Ltd.
In the long run, weaving ethical and legal behavior into the organizational fabric is vital for the success and growth of any organization. Today, top managements in most organizations realize this and are working to formulate a code of ethical conduct.
15 March 2007 | BestPrax Club Pvt. Ltd.
Leadership is the key that unlocks potential in employees. Visionary leaders perceive this and are able to foster an atmosphere that encourages corporate and public responsibility, integrity and loyalty to the company and the community.
1 March 2007 | BestPrax Club Pvt. Ltd.
Organizational values provide the foundation and shape the destiny of an organization. Leaders play a key role in evaluating, interpreting, guiding and building on these values to preserve the sanctity of the organization.
15 February 2007 | BestPrax Club Pvt. Ltd.
A Leadership System embodies all the processes, the tenets and rules that make up the way the firm does business, tacit and overt. Leading from the front, effective leaders set leadership systems that continue to evolve and thrive long after the leaders themselves have moved on.
1 February 2007 | BestPrax Club Pvt. Ltd.
Standards and definitions of stakeholder accountability have undergone a transformation in recent years. Today, the path chosen matters as much as the destination. To ensure that they do not lose track, organizations need to focus on measuring and monitoring various aspects of corporate governance and ethical behavior.
15 May 2006 | BestPrax Club Pvt. Ltd.
Corporate Governance and social responsibility are more than attractive corporate buzzwords. The role of the private sector is being redefined to include a commitment to sustainable development. Despite a strong business case, convincing companies that they stand to gain by adopting sound business practices has proved to be an uphill task.
01 May 2006 | BestPrax Club Pvt. Ltd.
Globally, there is a dearth of quality senior leadership. Leaders today, need to come equipped with great communication skills and high energy levels. The role and function too has metamorphosed from a command position to one of collaboration. They set high levels of ethical standards and provide the broader perspective even as they share the small day-to-day concerns of employees spread around the world. In a nutshell, they wear many hats with equal aplomb.
01 April 2006 | BestPrax Club Pvt. Ltd.
Globally, concern for environmental damage by polluting industrial practices has reached a fever pitch. Companies in India still, largely, practice what is called the “end-of-the-pipe” approach. They need to move beyond recycling to actually work at minimization of waste generation. This can be done through revisiting the entire production processes of different industries. Worldwide, companies are waking up to the fact that the only sustainable path into the future is through embracing the zero emissions doctrine.
15 April 2005 | BestPrax Club Pvt. Ltd.
“Failing organizations are usually over-managed and under-led.” - Warren Bennis. The concept of ‘Leadership System’ is one of the pillars on which, world-class organizations are built. The Malcolm Balridge Criteria defines it as “…the basis for and the way key decisions are made, communicated and carried out (within an organization)”.