After the economic crisis in 1997, the need for good corporate governance mushroomed, to an extent whereby Malaysia issued its first Code of Corporate Governance in year 2000. Corporate governance is all about how the company, its employees and everyone involved with the company is managed. There are 4 pillars to corporate governance: transparency, accountability, [...]
There is a genuine, persistent communication problem that becomes front-page news whenever a great crime is committed.
For example, investment advisor Bernard Madoff allegedly absconded with billions of dollars in an unprecedented Ponzi scheme.
Can you imagine, given the nonstop media coverage that ensued when this story broke, how difficult it would be to find a jury [...]
Throughout my career in Human Resources, I have had managers ask how, if they found themselves in a difficult situation, could they be sure to say or do the correct thing? And I say, “When in doubt think about these two things: treat people the way you would like to be treated and if you [...]
At some point in time, most employer-employee relationships must come to an end. The employee may move on to another vocation, physically move to a different city or state, or might reach the age of retirement and stop working. Conversely, the employer may be forced to reduce staff, go out of business, or merge with [...]
Often we hear the idea of the soulless/faceless corporation. The question is did corporations ever have souls – and, if so, what happened to them?
There was a time when businesses functioned more like extended families. There was a sense of responsibility on both parts. Individual contributors were valued for their skills; relationships were made, recognized, [...]
Within the last year, the American workplace has changed. Where there was free and open access, there are now layers of security. National EAPs, such as Longview Associates in White Plains, New York, have been virtually inundated with calls for debriefings, information sessions on trauma, and support services for employees. “It’s acceptable now to have [...]
A couple of years ago, my parents bought a new dishwasher from a major electronics chain along with an extended warranty plan offered by the retailer. A few years later, that extra coverage appeared to be a wise move as they started having problems with their dishwasher after it was no longer covered by [...]
Businesses large and small play active roles in their community through various sponsorships and events. Turn on your local public television station and you’ll find shows funded by grants from corporations, and if you visit a ballpark you might see billboards thanking businesses that donated time or revenue. Giving back to the community is a [...]
If you are in the market to buy or sell a business and have made the decision to work with a professional in the business brokerage industry, please use caution who you deal with.
Unfortunately, not all “professionals” in the industry follow a strict code of ethics or have the highest professional integrity, as they are [...]