Basel Approaches in Operational Risk Management
The Bank of International Settlements (BIS) has created the Basel norms so that the operational risk measurement and mitigation are standardized across all financial institutions. However, the approach suggested by BIS has not been constant. Over the years, it has been evolving to become more complex and sophisticated. Over the course of time, three approaches […]
The Corporatization of the NGOs and How It Impacts Funders, Beneficiaries, and Others
The Corporatization of NGOs and the Opinions of Experts In recent years, the NGOs or the Non Governmental Organizations have been corporatized as far as their mode of operation and processes are concerned. This is especially the case with those NGOs that rely on Big Ticket funding as well as are run by extremely wealthy […]
Key Risk Indicators
The fourth and last step for risk management suggested by the Bank of International Settlements in its Basel Norms is the continuous monitoring of key risk indicators. Key risk indicators are important metrics that can track the business environment and internal control factors. They can help an organization keep track of a rapidly changing internal […]
Robert A Cooke Model of Organization Culture
Individuals from different backgrounds and varied interests come together on a common platform called organization to achieve targets as well as earn bread and butter for themselves. Individuals work in unison towards a common goal. The behaviour of the employees to a large extent depends on the culture of the workplace. How people interact amongst […]
Importance of Negotiation in Daily Life
Conflict has never benefitted anyone, instead it adds to one’s tensions and anxiety. It is better to discuss things and reach to an alternative benefitting all. Issues must not be dragged unnecessarily and efforts must be made to come to a conclusion involving the interests of all. No point in being adamant and rigid. One […]
Whether it is a job interview or a follow-up interview with selected respondents who filled a survey questionnaire, it is essential that right questions are asked. However, asking a right question is just not it... There is more to conducting effective interviews.
Read on to know how an interview conversation can be made effective...
Finally, make sure the candidate is involved in the interview and it is not just one way.
Good luck for hiring a right candidate!
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