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Reporting to Stakeholders: Intangibles Matter
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- Written by Darren
- Category: Managing Organisational Resources
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Synopsis
In this essay it will be argued that emphasis on reporting tangible resources to all stakeholders has advantages in terms of measurement reliability, relative ease of data collection and analysis, and evaluating past performance. However, deemphasising intangibles leads to greater problems for management and investors being able to understand how the organisation will perform in the future. Information on intangibles, despite the reliability issues, are more relevant to managers and investors in the future context than tangibles alone. Change is required to address value-measurement reliability, acceptance of intangible valuation and the role of intangibles in enterprise value creation.
The Bi-Directional Link between Organisational Culture and Organisational Change: An Analysis.
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- Written by Darren
- Category: People Management
- Hits: 2224
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Organisations need to continually change to remain competitive in a turbulent and challenging environment yet ingrained organisational habits can be hard to break. If the links between organisational culture and change are understood, perhaps managers can use this understanding to improve organisations.
E-Business Security and Trust Issues
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- Written by Darren
- Category: E-Business and E-Commerce
- Hits: 2391
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Organisations almost everywhere are adopting e-business in response to competitive pressure and benefits such as increased ease of doing business. However, to be ready for e-business, there are fundamental security and trust issues that must be addressed to maximise the returns on investment in e-business. Older more reputable organisations have already demonstrated trustworthiness and must continue to invest to maintain this advantage. Newer organisations need to reassure e-business users that using the organisation's systems are a minimal-risk proposition.
Organisations will need to ensure appropriate levels of investment in information systems security and trust-building to further reassure users of safety when organisations extend their e-business suite to include online payments. If your organisation lacks maturity in the area of security and risk management, it needs to start planning, executing, monitoring and controlling its security and risk management to ensure success in this area is consistently repeatable.
E-business users have concerns beyond financial loss that extend to convenience, ease of use, peace of mind and the general right to enjoy life without unwanted communications or being robbed. E-business providers need to promote their trustworthiness with meaningful, credible and inimitable symbols underpinned by robust security capabilities. Signs include independent seals of approval from reputable external auditing services, reassuring authentication methods such as two-factor authentication/authorisation via txt, email or phone and user-controlled review/feedback systems. Finally, organisations must put e-business users in control of what happens to data about themselves.
Sustainable Energy Management Practices: A Comparison of Two Australian Organisations
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- Written by Darren
- Category: Sustainability
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Rising energy prices and consumer sentiment will encourage Australian organisations to become sustainable organisations due to increasing pressure to reduce energy use, increase energy consumption efficiency and eliminate harmful environmental impacts.
Global society increasingly expects all its members to contribute to environmental and climate protection. This has motivated reporting programs like the Global Reporting Initiative (GRI) to promote greater transparency that enable the public to assess organisations' energy management practices information.
This report examines and analyses current energy management strategies at Australian Ethical Investments (AEI) and Uniting Church Australia Funds Management (UCA) as evidenced through their 2011 Annual Sustainability reports prepared according to GRI guidelines.
First, significant energy use areas are identified and analysed. Second, each organisation's environmental and climate protection strategies are critically appraised. Finally, recommendations are outlined for further expansion of sustainable energy management at AEI and UCA with emphasis on key challenges that each organisation must overcome.
Read more: Sustainable Energy Management Practices: A Comparison of Two Australian Organisations
