One of the problems with many risk management functions, as I see it, is their reporting structure. The ideal is viewed by many (including regulators) as reporting directly to the board or a committee ...
Accounting is the basis of business decisions. While you may not be an accountant, or even like accounting, you are likely a decision-maker. You are asked to make numerous business decisions every ...
Reporting structure refers to the authority relationships in a company – who reports to whom. For small businesses with only a couple of employees, that structure is often self-evident: Everyone ...
When Microsoft announced its new financial reporting structure reflective of its July company-wide reorg, there was considerable head scratching among those of us trying to decipher the details. On ...
The ever-evolving cybersecurity threat landscape increases the importance of both the CISO role and the need to study where it falls within the enterprise. In 1994, Steve Katz became the world’s first ...
A previous blog, “Should Procurement Have a Seat at the Table?” is directly related to the question of organizational structure. Consequently, the issue presented in the title to this blog is one that ...
In the following article, from 2014, I discussed an organization-related issue that limits the overall positive impact the purchasing function can have on company financials. Specifically, the article ...
As we announced at our Capital Markets Day in November 2023, from Q1 2024 we will be revising our reporting structure to align divisional disclosures with internal management reporting lines. These ...
Many businesses are organized in a hierarchical structure that resembles a military command structure. There's the big boss at the top giving orders, a next tier of managers implementing them, and ...
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