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December 1,
Risk Management - Business English - December

Why Does MoR Risk Management Benefit Businesses And Organisations?

organising

As a business owner I decided I needed to implement MoR (Management of Risk) Risk Management in the workplace. I was having a discussion with another business owner at a network meeting last month and he explained what MoR was and why he had introduced it into his workplace. MoR was conceptualised by the OGC (Office of the Government Commerce) and the approach was initially formulated to complement OGC’s guidance on program and project management. The basic principle underlying MoR is to help organisations put in place efficient frameworks in order to take very calculated decisions on risk. Every decision that is made within a business has an upward end or downward end and involves some degree of risk. As my business was becoming increasingly busy and the rate of risk was rising, I needed some type of risk management system in place.

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November 1,
Managing Email - Business English - November

Developing Organizational Skills for Managing Email

organising

Organizational skills are an absolute necessity for anybody working online! The internet is the perfect breeding ground for information overload and unwittingly we allow our email to work against us in this way. The problem stems mostly from our own failure to better manage information that we receive in our in box and simply compounds over time. The result is a flood of email which we do not know what to do with therefore allowing it to clutter up our in-box.

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October 1,
Aligning Integrity And Finance - Business English - October

Aligning Integrity And Finance - It Is Possible

The most common financial mistakes managers make

In many organizations managers are not taught how to manage their budgets. In some cases managers are given budget responsibility but not budget authority. In these organizations it takes 5 levels of signatures to get a few hundred dollars approved. Worst, managers are given both responsibility and accountability but little financial training. As a result, budget forecasts are a guess; managers tend to spend whatever they have, because they are afraid if they don’t, their next quarter budgets will be reduced. Revenue goals or plain budget goals are not based on data from customers or trends; they are simply numbers picked from the sky. If the organization grew 5 % last year then 10 % would be a better goal for this year. The problem with financial projections starts when programs and projects get either overfunded or underfunded based on the initial projections which were not made with financial integrity.

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September 1,
Relationship Marketing - Business English

Relationship Marketing has nothing to do with managing your family, it refers to forming a long-term and mutually beneficial arrangement with your customers, where both the buyer and seller have an interest in providing a more satisfying exchange. This approach attempts to transcend the simple purchase-exchange process with a customer to make more meaningful and richer contact by providing a more holistic, personalized purchase, and uses the experience to create stronger ties.

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August 1,
Preparing for a Job Interview - Business English - August

For many people, there comes a time, at least once in their life, where they find themselves sitting across from someone who is interviewing them for a job. Whether initiated by their desire for a new position, or because of circumstances that led to a job loss, securing a job interview is their next step in moving their career forward. Regardless of how they came to be sitting across from an interviewer, the interview itself can be an intimidating experience.

It's vitally important that you prepare properly for your job interview. Expecting to go, unprepared, into an interview and "winging it" is a recipe for failure. It's a highly competitive business world out there with a plethora of qualified candidates looking for that next career position. Along with having the qualifications for the job you're interested in, job interview preparation is essential to giving yourself a chance to win the position.

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April 2,
Brainstorming - Business English

Pump Up The Jam With Effective Brainstorming

When managers or business leaders need to come up with some novel way to solve problems, brainstorming usually comes up. In fact, I believe that the term is incorrectly being used by many to connote business meeting.

I remember my boss, who has a penchant for new business buzzwords, likes to call for brainstorming sessions; when in reality, he just likes to deliver 30-minute soliloquies during meetings. Usually we end up agreeing to what he is saying because we were not even given time to bring up our ideas.

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