Robert L Katz identifies three skills of managers:- (1) Technical skill. (2) Human skill. (3) Conceptual skill. Technical skill: Technical skill is the knowledge or ability of managers to use a process, technique, procedure or any specialized activities. Accounts engineers, surgeons all have their technical skills necessary for their respective professions. Most managers especially at the lower level and mid-level need technical skills for effective
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to provide participants with a detailed look at global supply chain management with a focus on Purchasing, Inventory, and Warehousing. This certificate addresses issues in terms of today’s global supply chain and its supply chain streams and flow process, so practitioners can know how to make the most of this powerful tool. You will have the opportunity to explore a variety of global supply chain management areas in depth, extrapolate their logistics meanings, and apply the techniques needed to make
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forum for regular cooperation on banking supervisory matters; its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision The core principle for effective banking supervision addresses supervisory requirements relating to banking licensing. The licensing authority must have the power to set criteria and reject applications establishment that do not meet the standards set. The licensing process should consist of an assessment of the ownership
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INTERNAL CONTROLS Introduction Internal Controls are to be an integral part of any organization’s financial and business policies and procedures. The objectives of internal controls are: ▪ Protecting resources against waste, fraud, and inefficiency; ▪ Ensuring accuracy and reliability in accounting and operating data; ▪ Securing compliance with the policies of the organization; ▪ Ensuring compliance with applicable laws and regulations; ▪ Evaluating the level of performance in
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conclusions from the findings by relating them back to the literature stated in the early stage. Although this study is based on collected data and numerical figures, it is a qualitative study. The findings revealed that CAMEL rating system is a useful supervisory tool in the U.S. CAMEL analysis approach is beneficial as it is an internationally standardized rating and provides flexibility between on-site and off-site examination; hence, it is the main model in assessing banks’ performance in AIA. On the
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INTRODUCTION Mentoring is defined in an organizational context as a professional development tool, which takes the form of transfer of knowledge from an experienced person – termed as mentor – to a comparatively less senior person in the organization. Through mentoring professional knowledge and experience is transferred to a less experienced person (Hirschfeld, Thomas and Lankau, 2006). The goal of mentoring is to assist the mentee in personal and professional development. Learning and development
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face issues of low productivity and high turnover? Why do some companies have a strong pipeline of competitive employees, while others struggle to find right people for right jobs? The following article attempts uncover one of the most important elements of Employee Empowerment, Delegation! Delegation, put in simple terms, means an act of passing over authority by one party to another for an agreed purpose. But in a cut-throat competitive environment, delegation is not so simple. Rather it is an
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the Company on my behalf to attend this workshop will not be a waste because the knowledge acquired will be applied to the job for effective and efficient work delivery, which would in turn benefit the Company. PREAMBLE The 3-day workshop on Supervisory Management commenced from Wednesday 15th August with registration and opening ceremony. The opening ceremony was attended by the Area Manager, Mr. O. A. C. Ngwu who was also the representative of the Director General of ITF and other staff of ITF
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ASSIGNMENT#1 Submitted By: Saadia 1. Accounting and Auditing Organization for Islamic financial institution (AAOIFI) The AAOIFI is a non-profit organization that focuses mainly on the area of accounting and auditing for Islamic financial institutions. While recognizing the need for standards, AAOIFI was established on February 1990 in Algeria and was registered on March 1991 in the kingdom of Bahrain. The organization is supported by 200 institution members from 45 countries across the global
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Basel III Basel III overview Concepts of Basel III 1/25/2016 Lessons of Financial Crisis – • Insufficient common equity, • Hybrid capital (Tier 2 and Tier 3) not sufficiently loss absorbent, • Insufficient capital buffers above minimum, • Inadequate risk capture (Securitizations, Trading and derivatives activities, Counterparty credit risk), • No constraint on leverage, • No recognition of greater risk posed by systemically important banks, • Insufficient liquidity and vulnerable
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