Human resources functions are significantly different from HR practices. Functions are comprised of transactional activities that can be handled in-house or easily outsourced. Practices are part ...

The conventional view of a manager is someone who controls and directs his employees. Management theorists still cite controlling as one of the four management functions. Despite this label, ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist and ...

When I ask leaders and teams to concisely summarize their company’s management approach, the pause I get hangs in the air like a frisbee tossed on a windy day. No one seems to know which direction the ...

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 ...