Executive Leadership And Management

Communication skills help leaders to define the goals of team members clearly. It also helps understand team members’ goals and desires and solve their grievances. Effective communication skills also help foster an open and good rapport between leaders and their teams, which increases productivity and efficiency.

Chief compliance officers (CCOs) are responsible for designing, implementing and monitoring the processes by which the company will comply with all applicable laws and regulations. This frees general counsel (GC) to take a more strategic legal and risk-tolerance approach.

Range of Span of Control – Number of Direct Reports by Level System CEOs and Presidents generally have 9 to 13 direct reports with a median of 11. As we move further down in the organization, this range tends to decrease for any of the Vice President level positions.

The word “leader” entered the English language around the year 1300 and the methodical study of leadership began over 600 years later in the 1930’s. Over the last 75 years leadership has literally been defined hundreds of different ways by both academics and practitioners.

The Value Proposition Canvas is a framework which can help ensure that a product or service is positioned around what the customer values and needs. The Value Proposition Canvas was initially developed by Dr Alexander Osterwalder as a framework to ensure that there is a fit between the product and…

Testimonials Set some time aside to study. Even if you have decided on taking the self-study route, try to put a side a couple of hours a week if you are studying alongside your job. … Think of ITIL only and not practical experience. … Take your time to understand…

A stakeholder’s primary role is to help a company meet its strategic objectives by contributing their experience and perspective to a project. They can also provide necessary materials and resources. Their support is crucial to a successful project.

External (secondary) stakeholders External stakeholders include clients or customers, investors and shareholders, suppliers, government agencies and the wider community. They want the company to perform well for a multitude of reasons. Customers want to receive the best possible product or service.

A manager takes responsibility for supervising the entire business continuity framework. The amount of time required for this role depends largely on the nature, size and complexity of business operations carried out by the organization.

Who are the main stakeholders of IKEA? Our key stakeholder groups are: Co-workers. The 231,000 IKEA co-workers from around the world share a special set of values and a vision to enable people to live a better, more sustainable everyday life. Suppliers and partners. Partners and collaborators. Who are the…

Only One Responsible and Accountable Person: It is essential that only one person be assigned the R/A roles. Having more than one person responsible for the same task increases ambiguity and the chances of the work not being performed. Can a RACI have more than one A? There can be…

Your value proposition should be relatively short—two or three short sentences, maximum. Every word should improve clarity or make your main selling point more compelling, otherwise it needs to be cut.  What are the 3 elements of value proposition? 3 Components of a Strong Value Proposition Identify a specific problem…

WBS Components The parts of the WBS include: Tasks – a number, ID, title, and description of each task. Task Owner – who is responsible for completing the task. Task Dependency and Predecessors – linking two tasks together if one depends on the completion of the other.  What should be…

Police leaders must understand the significance of the group to its members and characteristics of the police group, such as its great solidarity. Effective police leadership will help officers identify with the group as well as the leader, encouraging that sense of belonging that leads to good police performance. What…

Every business needs a handle on the four pillars of business: management, marketing, operations and finance.  What are the 5 pillars of a business? The success of your business will depend on having a strong foundation in the five key areas of People, Product, Process, Profit and Permanence. Permanence is…

To calculate the lead time in kanban, subtract the time you receive an order from the time the order is delivered. For instance, if you received the order on July 5th, 2021, and delivered the order on July 12th, 2021, then lead time equals 12 minus 5, which is 7.…

External analysis means examining the industry environment of a company, including factors such as competitive structure, competitive position, dynamics, and history.  What do organizations typically analyze as part of an internal analysis? An Internal Analysis is the process of an organization examining its internal components to assess its resources, assets,…

Purpose Of Strategy Group Mapping They can better identify barriers to entry and exit. It can help decide which strategic group an organization should consider entering. It helps identify strategic areas that can help gain benefits. It shows the organization’s position in the industry compared to its competitors. What are…

How do you handle known unknown risks? Known unknowns Planning for and perception of risks is difficult, but not impossible. To manage known unknown risks organizations, need to have a plan for the most probable outcomes, and be ready to switch to the right plan of action once we have…