Vendor management can help businesses achieve better quality service from vendors and enables businesses to perform better themselves. Working with the right vendors mean happy customers and smooth operations, while working with ven...

Governments influence and control the markets using different tools. There’s the monetary policy, in which the governments affect market movements by changing the influx and availability of currency. There are fiscal policies, whi...

Governance, risk, and compliance influences the formulation of the business strategy and all types of business decisions. The concept of GRC was originally created by consultants several years ago for systems, software and services ...

The audit process is unique for every organization depending on its needs, but there is a general approach that can be applied to almost every audit case. As we look at what is an audit process, it is also important to see how it ch...

Smart businesses learn from the mistakes of other businesses. Many businesses have had problems with data leaks and non-compliance caused by misuse of documents. Leaking customer or internal data is a major crisis for any organizati...

The whole scandal and fines were also widely covered in mainstream media, which resulted in reputational losses that will take decades to rebuild. The new leadership started by doing an in-depth audit of the organization to understa...