Plain old human error, mistakes and intentional fraud create revenue loss in organisations big and small; and regardless of the sector they’re in.
To help prevent revenue loss, here’s six tips of things to watch for: 1 – people in positions where they can easily intercept or alter financial data; 2 – people who are always very busy but resist all offers of help; 3 – people who often work late or go into work on the weekend,
» Read more about: 6 tips to help prevent intentional and unintentional revenue loss »
A recent report – the 2012 KPMG Fraud, Bribery and Corruption Survey – states about 24 percent of respondents who experienced serious fraud were reported to police; and most survey respondents – about 60 percent – thought that half or less of the fraud occuring in their organisations was being detected.
The reality in most workplaces is that staff often know theft or fraud is occurring in their workplace and they may or may not report their suspicions because: they don’t feel safe in their job;
» Read more about: Theft and fraud go unreported in many organisations, management trainer discovers »
The events in Rome this week have been fascinating: a hundred plus potential candidates for a top job, a secret ballot selection process, no interview; an immediate start, major, multiple, complex issues to sort PDQ, a billion plus stakeholders around the globe; and salary? Probably a modest stipend, although full board and lodging is provided. And on working day one, signalling by action and words, that change was afoot. It would be interesting to know how he manages the change process and the team he surrounds himself with;
» Read more about: Huge management and leadership test for new Pope – what can we learn from it? »
Research has shown the six core reasons people resist change are because: (1) perceived negative outcomes (2) fear of more work (3) habits must be broken (4) a lack of communications (5) a failure to align with the organisation as a whole (6) employee rebellion.
» Read more about: Six core reasons for resisting change »