Qualifications for Project Management
There are specific qualifications for project management that can be taken with certificates. These certificate courses include, above all, those offered by the International Project Management Association (IPMA), the Project Management Institute (PMI) and AXELOS (PRINCE2). In the German market, the German Association for Project Management (GPM) is also relevant. PRINCE2 is a process-oriented project …
Occupational Safety: Definition, Regulations, Importance
What is Occupational Safety: A Definition Occupational safety encompasses all measures aimed at protecting the health of employees. This includes workplace safety and the promotion of a health-supportive design of workspaces. Prevention of conditions that endanger safety and health, with the involvement of employees, is the primary focus of occupational safety. Additionally, corrective measures such …
How can we manage complex problems that can only be solved involving different parties with different interests and backgrounds? In order to be able to solve complex problems, we first need the ability of transboundary perception as well as a personal maturity that allows us to draw our own conclusions from perception and to represent …
Controlling and Risk Management
Controlling is playing an increasingly important role in companies. Controlling is not to be equated with the German term “Kontrolle” (control). Rather, controlling is a supporting, coaching function that can usefully complement specialist and managerial staff.
This is how holistic controlling succeeds
Holistic controlling is to be understood comprehensively. First of all, a distinction must be made between strategic and operational controlling. Strategic controlling deals with critically scrutinizing the business orientation and the business model with regard to their future viability. Typical contacts for questions of strategic controlling are the management, business unit managers, those responsible for …
New business ideas should be scrutinized for their business potential. Both as a basis for decision making and as a management tool, an action-oriented business plan is recommended. Look at the basic business potential. Is the business easily scalable or is there only limited business potential? To do this, describe the relevant market as precisely …
Agile Planning with Beyond Budgeting
Beyond Budgeting explained simply The idea for agile planning came about as a response to the ever more rapidly changing environment. The still common practice of a fixed budget, as usually prepared in the autumn of each calendar year for the coming calendar year, fails to recognise the volatility of opportunities and risks. It even …
Risk management: Dealing with risks properly
Risks are not negative per se. Risks even promote your earnings expectations, provided they are managed responsibly. To identify risks at an early stage, you can use a management cockpit that is fed by your objectives and a self-assessment process. A combination of and has proven successful. You can introduce both in your company in …
Strategic Risk Self-Assessment (SRSA)
The SRSA captures the strategic risks to which your company is exposed in a process. In the management of strategic risks, it makes sense to involve specialists and managers with contact in the market. However, “market” should not only include the sales market, but also the procurement market, including technological developments in input materials, machines …
Operational Risk Self-Assessment (ORSA)
The ORSA records the operational risks to which your company is exposed in a process. Encourage each employee to write down on an ongoing basis – on a monthly basis, for example – the significant risks they identify in their area of work. Also encourage them to assess the likelihood that the identified risks will …