Tag: stakeholder engagement
Managing risk and compliance to ensure best practice in construction projects
The tragic collapse of an apartment building in George earlier this year, which resulted in the loss of 34 lives, serves as a stark reminder of the critical importance of adhering to best practices in construction to manage risk and ensure compliance.
Let ERP system drive your ESG initiatives
Environmental, Social and Governance (ESG) initiatives have become top of mind in many companies. This has left organisations with questions such as: “Who should run with this internally?”, “What do we need to do?”, and “Is this something that will save us money or cost us money down the line?”
Construction labour requirements for projects in remote areas
It can be challenging to assemble a reliable, skilled workforce to run large-scale construction projects in rural locations. Often companies need to source and relocate skilled labour from other parts of the country or from within their company to meet project-specific needs.
Asset managers must enable the COP26 goals to be achieved
Globally, asset managers can play a decisive role in redirecting institutional and retail investors’ capital towards achieving the decarbonisation goals set by the recent COP26 Climate Change Conference. This is our message following the conference held in Glasgow, Scotland this November, which has singled out capital, or the impactful application of capital, as a vital cog in the world’s climate response machinery.
Reputation is a board-level concern
On 15 April 1912, the 'unsinkable' RMS Titanic sank after colliding with an iceberg. It took the RMS Titanic a mere 160 minutes to sink. Originally it was thought that the iceberg had only caused a single long gash in the hull. However, after examining the wreck, it was found that the collision had produced a series of thin gashes, as well as brittle fracturing and separation of seams in the adjacent hull plates, which had allowed water to flood five of the 16 compartments. Interestingly, the ship had received six ice warnings before the collision. Similarly, Government and corporate reputations can be sunk when warnings over minor acts of maleficence and misdemeanours are treated as a cost of doing business.
Platform modernisation holds the growth promise in retail sector
Retailers are transforming their digital capabilities to attract new customers and stay competitive in a rapidly evolving industry. The global pandemic has shown us the importance of being able to quickly shift with changes in the environment, for example, enabling contactless payments, supporting a remote workforce, and pivoting to entirely new business models.
Adapting for change in the world of COVID-19 pandemic
COVID-19 creates a moment of truth for corporate culture. Cultural change is essential in this era of pandemics and business transformation. It is the invisible glue that holds the organisational organism together. It is also a large amorphous cloud, which gets its shape from beliefs, norms, values and behaviour.