Benefits Of A Strong Governance Culture For Your Business

18 December 2018

Governance focuses on a company’s performance and accountability. It is one of the pillars of GRC. What is GRC? It stands for governance, risk management, and compliance. Since there are many things that companies have to comply with at any given time, some have opted for a GRC software that integrates all its aspects. The benefits of having an accountability culture are diverse. Here are just a few of them

Promotes Stakeholders Confidence:

Investors, shareholders, employees, and customers rely on the company to maintain certain standards only through such a culture can companies maintain the confidence of all stakeholders. Partners can rest assured that everything goes through set out processes. Nobody is cutting corners. Issues of fraud, corruption, and pilferage never arise.

It Ensures a Culture of Compliance:

Firms must comply with many state and federal regulations. Sometimes they also have to comply with international statutes and codes. A company that has a definite way of operating cannot worry about issues relating to procedure.

Employees know what to do at all times. They also know how to do it. The outcome is a standardized service that everyone can count on.

Anyone messing around with the set way of life is directly liable of his or her actions. An employee in a company that does not have the standard way of operating can claim ignorance. The staff cannot do that when there is deliberate effort to train them on how to do things.

Minimizes Risks Thereby Improving Profitability:

Issues of corruption and malpractice often lead to unmitigated disasters. Corruption scandals among company officials can tarnish the name of the company. Companies globally respond negatively to lousy leadership. On the other hand, companies rely on responsible leadership to grow. A company can minimize risks associated with noncompliance and corruption.

Promotes Meritocracy and Fairness:

A company ought to have certain standards that permeate throughout its ranks. That is what GRC is all about. If it is suppliers, they should meet a certain criterion before they can supply. To work for the organization, one must have certain minimum standards. In such an

You either merit being part of the company or not. This practice promotes fairness and justice within the firm. An employee knows what to do to get a promotion. This process advances healthy relationships between managers and other stakeholders.

Enhances Social Outlook of a Company:

Society plays a significant role in the affairs of any company. Customers come from the community, so are suppliers and authorities. Stakeholders expect a company to have a clear moral code. Customers want a company that they can trust.

They don’t want a company that can decide to use substandard or unethically sourced raw materials. Society expects the company to stay away from public ills such as smuggling. Companies that meet such expectations have an excellent social reception and outlook.

It Gives a Company a Competitive Edge:

Ethical companies want to engage with their counterparts. If a company commits to GRC standards, it can find suppliers, customers, and partners who have similar aspirations.

Conclusion:

Standards start from the top. When the corporate board adheres to GRC, the whole company becomes part of the plan.

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Ariana Smith

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

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How To Get Your Team To Stop Reinventing The Wheel

You and your team only have so much time. It’s a limited resource, so you need to make the most of what you’ve got. Paradoxically, many teams burn away their precious hours in an attempt to save minutes here and there. This can happen when teams are trying to create methods of working or task pipelines from scratch. Instead, it’s perfectly reasonable to simply outsource certain work or adopt practices that have already proven their efficacy. With this in mind, here are a few ways your team can stop reinventing the wheel and start moving forward. 1. Outsource Content Development Every business needs good content to attract prospects and improve the experience of existing customers. And yes, that includes yours. You may think content development is limited to social media posts, but it’s not. To compete in the market, you need to produce content assets like webpages, newsletters, case studies, product descriptions, and much more. However, creating content is a full-time endeavor that can be difficult to master. Now, you or a team member could devote the time and energy it takes to make great content for your business. Or you could hire someone to do it for you instead. There are numerous professionals in your market that specialize in producing the kind of content you need. Whether you require social media management or technical writing services, a trained pro will save you precious time and money in the long run. Hiring these individuals will give you more time to focus on what you’re in business to do: deliver your product or service. 2. Adopt Project Management Tools Developing efficient workflows is another major time sink for many teams. Working through the best ways to tackle your projects can eat away the hours. Then more hours disappear in holding meetings and writing emails to assign action items and keep track of deadlines. Rather than watch the sands of time slip through your fingers, adopt a project management tool instead. Project management tools facilitate seamless collaboration and information sharing. They allow teams to divvy up tasks, automate handoffs, and keep everyone apprised of project milestones. In so doing, they serve as a centralized platform that provides visual representations of your projects for every step from start to finish. Most project management tools also provide detailed historical data so you can analyze current and past projects for improvement opportunities. You’ll be able to understand at a glance where your work engine is humming and what parts need help. 3. Synchronize on a Digital Calendar If you’re looking for more ways to increase efficiency by centralizing information, start making full use of a digital calendar. By doing so, your team will be able to circumvent troublesome scheduling conflicts. Also, most digital calendars can sync with other work tools to foster collaboration. For example, calendar invites can include links to meeting agendas where participants can add agenda items and ask — or answer — questions beforehand. In addition to saving time and increasing efficiency, digital calendars also help otherwise disparate teams function more compatibly. With the sharp increase in remote work, many teams struggle to balance schedules across multiple time zones. Digital calendars virtually eliminate this problem, as you’ll easily be able to see overlapping work hours. You’ll never have to wonder when someone is free to participate, so you can schedule meetings with confidence. 4. Learn From Other Leaders This one’s for you, the team leader. Because even if your project may be the first of its kind, the best ways to lead your team through it probably aren’t. And they don’t have to be. Rather than trying to revolutionize your leadership style, seek the wisdom of those who have walked before you. History is punctuated by leaders both great and terrible, so take inspiration from its lessons. In addition, reach out to leadership pioneers within and without your field for advice. You’d be surprised how willing thought leaders can be to participate in an informational interview with curious aspirants. Of course, you could also take classes and attend seminars and workshops to refine your leadership style. You’ll save your team time and grief by investing your efforts in bettering your leadership today. 5. Enable Professional Development Just as it’s important to invest in your growth, you also need to invest in your team’s growth. Again, no matter what industry you work in, there are many who’ve come this way before you. Rather than developing training courses from scratch, sometimes it’s best to take what works and adapt it to your situation. Online learning courses are a popular and relatively inexpensive way to enable your team members to gain new capabilities. Whether it’s learning a new programming language, honing their writing skills, or attaining an industry certification, an online course can likely meet the need. Or leverage the learning your senior employees have already done by matching them with a mentee who can benefit from their experience. It’s Not Rocket Science Your team doesn’t need to reinvent the wheel to get ahead of the competition. Sometimes standing out from the crowd is about taking better advantage of existing methods and technologies to do the best work. Your team can do this by outsourcing non-core activities, adopting efficient technologies, and prioritizing personal and professional self-development. Read Also: Streamlining Video Content For Global Audiences With Professional Subtitling Services 12 Practical Ways to Boost Brand Recognition with Social Media Trends That Shaped The Content Marketing Industry In 2022

13 Things To Consider When Choosing Fonts For Sales Posts

So you're writing a sales post, or want to? You've likely already considered the content of your article, but have you considered the fonts you choose to use? You can use beyond infinity font to create very good-looking designs for your projects. If not, here are some points that might help. 1) Make Sure They're Readable This is pretty self-explanatory, and I think we're all familiar with the idea. Nobody wants to read huge blocks of text that they can't even distinguish between letters, much fewer words, and sentences. 2) Be Careful About Using Too Many Fonts, Or Really Big Ones If you've got a whole different font in every paragraph (or worse: every sentence), it's going to be a headache for your reader. It's also going to look a bit ridiculous, especially if the fonts don't fit together prettily. 3) Stick With Popular Ones You may think having an artistic license to use whatever font you like is cool, but just remember that most people will want something accessible and easy to read. As a general rule, opt for ones you'd see in a novel or news site over the kinds you'd find in a video game or comic book. 4) Fonts That Fit Together Well Look Good This is one of the most important things to consider, and it may require a bit of experimenting. There are plenty of resources out there if you want to get started with choosing text fonts. 5) Serif Vs. Sans-Serif Fonts Can Be Tricky But Can Also Add A Stylish Flair Yes, there's no such thing as 'wrong' when it comes to using fonts (except maybe the ones I've mentioned in point 3), and you can get creative with this area of your posts too! One way is to go with serif or sans-serif fonts for your entire post, but another way is to mix the two, perhaps by using a serif font for larger titles and sans-serif for smaller ones. 6) Keep In Mind That Some Might Not Be Able To Read Certain Fonts This isn't something that I've personally experienced, but some folks have trouble reading fonts that contain a lot of curves and slants, such as cursive-type ones. Not a biggie if it's just your boss or professor you're sending the post to, but if it's going out to a large audience then it might be something to keep in mind! 7) Overusing Certain Fonts Can Be Annoying I do this too sometimes-- use a font or color that I like way more than I should, resulting in my having to re-do the post later on. It's not professional looking and it's hard for readers to focus on what you're saying when they're distracted by the pretty colors and fonts. Keep this in mind if you decide to use anything aside from the ones I've mentioned. 8) Use Them Sparingly You don't want to go overboard, even if you do it by mixing serifs and sans-serif fonts or using different fonts for titles/chapter headings etc. Like I said above, even though there are no 'wrong' fonts to use, you should still keep in mind what you want the post to convey. Be consistent, but also consider giving yourself some room for spontaneity/creativity! 9) Make Sure They're All Legible And Easy On The Eyes I know this is a repeat of 1, but it's worth reiterating-- not everybody wants to read everything in Impact. There are plenty of options out there, so test them out and see which ones work best. 10) Serif Fonts Could Also Be Helpful For Certain Audiences Kinda similar to the point I mentioned above, serif fonts are often considered easier to read for larger chunks of text (like novels). It may not hurt to use a serif font in your article if you're concerned that some people might have a hard time reading it! Whether it’s serif, sans serif, or script fonts you’re looking for, CreativeMarket has it for you. 11) Make Sure The Fonts And Colors You Choose Don't Clash This can be a really difficult thing to avoid and is often more of an art than a science. I usually try to look for styles that go together but aren't necessarily matching (think pastels vs. neons). Remember that text color can also influence how easy it is to read your fonts, so try to keep that in mind as well! 12) Leave Readers With A Good Impression This is probably what you're all thinking about regarding fonts, and it's totally true- the last thing you want to do is leave your reader feeling negative about your post or article because of something as 'small' as the text! It can be really difficult to achieve this sometimes but considering these points should help ease your mind. 13) Last But Not Least: Proofread! There's nothing that screams unprofessionalism more than a few typos or random letters scattered about your post. You may think this doesn't apply to you because it seems like such a small thing, but having your post read well is just as important as how it looks! Final Note The points above are just helpful guidelines. There's nothing wrong with using fonts that don't fall into any of the categories I mentioned here; it might even be what you're going for! The take-away point is simply to consider how your readers will perceive the text, and whether it should be kept, reworded, or scrapped. Read Also: 5 Ways to Prepare for Black Friday Sales Top User Tips For Getting Started With Salesforce

5 Things To Consider When Choosing A Language Services Provider

Taking your brand overseas? Having your eyes set on a global market, you are definitely going to begin creating the right strategies on how to tap into it. Realizing that what works within your borders might not work across them is the first important thing. And, so is understanding that English may not be enough to communicate internationally. Thus, translation and interpretation services might be necessary, and the first thing to do is learn more on how those two concepts differ. Have you been assuming that English will be quite enough for the plans you have to take your business to the international scene? After all, it is rather widespread, and while not everyone speaks it, people all around the world are definitely using it. I can see where such an assumption may be coming from and you’re not wrong thinking that people all over the world use this language, but here’s the thing. Not everyone uses it. Plus, statistics show that somewhere around 75% of global buyers are far more likely to order certain products or services if the information is provided to them in their native language. So, adapting your brand to the foreign market is a must, and it begins with starting to use their language for providing information and for communication for that matter. How can you do that, though? Are you now expected to learn all the languages in the world so as to be able to make a name for yourself on the global market? Fortunately, no. What you are expected to do, though, is provide clients with the option of communicating with your brand in their native language, and you’ll do that by using language services. And, using those services starts with choosing the right provider. Figuring out you need these services will be easy. Actually choosing the right provider can be a bit more difficult. Important things to consider when trying to make this choice, and I’ll tell you about those below, hoping to make things quite easier for you. Your Very Own Requirements When choosing the language translation services provider you want to work with, the first thing to do is figure out what your very own requirements are. Put differently, which languages do you need? Depending on the part of the global market, that is the part of the world, you’re trying to reach, you’ll have different needs. And, choosing providers without knowing those needs is basically a shot in the dark. Qualifications You won’t be shooting in the dark, however, will you? Instead, you’ll figure out precisely what you want and then start researching those providers you’ll come across. And, you’ll come across them, of course, with the help of the Internet. The first thing to check when you begin the research is their level of qualifications. In few words, what you want is to find companies that have highly qualified translators and interpreters working for them, as that’s how you’ll always get the perfect quality services. Technical Expertise Speaking of getting the best quality services, do you think that would be possible without proper technical solutions? Of course it wouldn’t. Using certain tech solutions to communicate with the translators and interpreters and for them to provide their services to you and make client communication easy is certainly a must. This is why checking the technical expertise of the companies you’re considering is significant, because you want to choose someone who knows their way around these solutions and who can provide you with great remote interpretation and translation. Overall Experience Choosing those professionals that aren’t experienced enough with this type of work would also be a mistake. Thus, when checking out companies, remember to determine how experienced they are, as that will show you how long they have been successfully serving their clients. Companies that aren’t successful won’t survive in this climate, meaning the longer someone has been in business, the higher the chances of them offering the perfect language services. Giving new firms a chance is not wrong, though, as long as you’re sure that you’ll get connected to experienced professionals and that you’ll absolutely get the quality you deserve when it comes to interpretation and translation. Read about the significance of translation in business: https://marketbusinessnews.com/importance-translation-business/263816/ Prices While your focus should always be on quality and while you should never go for low quality services just because they might be cheaper, that doesn’t exactly mean you should completely ignore the prices. Finding reasonable solutions is the goal here. And, doing that is possible by comparing the prices offered by various language services providers. Taking as much time as you need to compare all the information, including the prices, is what will lead you to getting the perfect quality and the most reasonable quotes, which is what you want. Read Also: What Should my Content Cover to Rank on Google? How To Use Google Ads To Your Advantage The Basics on Google Local Algorithm

Benefits Of A Strong Governance Culture For Your Business

Promotes Stakeholders Confidence:

It Ensures a Culture of Compliance:

Minimizes Risks Thereby Improving Profitability:

Promotes Meritocracy and Fairness:

Enhances Social Outlook of a Company:

It Gives a Company a Competitive Edge:

Conclusion:

5 Things Most People Don’t Consider When Starting Their First Business

The Meditation Business is Recession-Proof and It’s Worth a Try

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Ariana Smith

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

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Related

How To Get Your Team To Stop Reinventing The Wheel

13 Things To Consider When Choosing Fonts For Sales Posts

5 Things To Consider When Choosing A Language Services Provider

Benefits Of A Strong Governance Culture For Your Business

Promotes Stakeholders Confidence:

It Ensures a Culture of Compliance:

Minimizes Risks Thereby Improving Profitability:

Promotes Meritocracy and Fairness:

Enhances Social Outlook of a Company:

It Gives a Company a Competitive Edge:

Conclusion:

Share this Article

5 Things Most People Don’t Consider When Starting Their First Business

The Meditation Business is Recession-Proof and It’s Worth a Try

Tags

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

Leave a Reply Cancel reply

Popular

Follow Us

Recent

Related