Information Security and Information Privacy are often confused with each other. It is important to understand the differences, and in some cases, the similarities. Information security vs. information privacy. Consider a window in your home. It is a vulnerability, as nefarious persons could break it and enter your home, but people could also just look [...]
While reading his latest book, Primary Greatness, by Stephen Covey, published posthumously, I realize that I am currently experiencing a tremendous wave of change, very much inspired by his 12 levers of success...
The UK Bribery Act 2010 (UKBA) took effect on 1 July 2011 replacing the UK’s existing network of bribery laws with a new single comprehensive Act. The Act applies to: - All United Kingdom companies, partnerships and individuals regardless of whether they are located in the UK or whether the activity in question was conducted [...]
October 2013 leaves one year for corporations incorporated under Part II of the Canada Corporations Act (CCA) to transition to the Canada Not-for-Profit Corporations Act (CNCA). The CNCA provides federal not-for-profit corporations with a new set of rules that are modern, flexible, and better suited to the needs of today's not-for-profit sector. This should come [...]
How to properly provide training and guidance for new directors What does it take to create a successful non-profit board training event? How can training, or “on-boarding events”, be beneficial to those who attend them? And, will board members remember and apply the key takeaways discussed? I love to hear about on-boarding experiences that are [...]
Boardroom Metrics provides Strategy Consulting and RFP Response Writing expertise to clients in the United States, Canada, and Europe. The definition of Inventory Shrinkage varies slightly from manufacturing, to distribution centres, to retail. Irrespective of the situation, Inventory Shrinkage is simply the difference between recorded inventory and actual inventory. In other words, shrinkage is the reduction in [...]
Charles De Gaulle - Faced with crisis, the person of character falls back on themself. They impose their own stamp of action, take responsibility for it, and make it their own. In a previous blog, I shared that acting independently will identify you as a board contributor in times of conflict and crisis. In this [...]
Assuming you have decided to partially or fully exit your family-owned business, there are multiple exit strategies you could use. The choice of strategy depends on: your strategic objective (most important): Are you looking to raise partial financing while retaining control? Are you exiting fully? the overall size or valuation of the company: The valuation needs [...]