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Ceo Strategy And Compliance
Essay specific features
Written by:
Elva C
Date added:
May 15, 2014
Level:
University
Grade:
A
No of pages / words:
32 / 8696
Was viewed:
4834 times
Rating of current essay:
Essay content:
And it is the most significant advantage of a performance management system.
Executive Management has two decision areas like those from other departments, and four compound decision areas that reflect their particular balancing role. The first two are:
A-Risk Management
Are we managing the risks of sustaining this performance?
The Risk Management decision area provides a consolidated view of several categories and hierarchies of risk, such as operational, credit, and market risk...
displayed 300 characters
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In addition to these, organizations must monitor environmental and natural risks that impact disaster recovery and business continuity for better performance management.
Having a single integrated universe of identified risks that cuts across common organizational units, functions, and business processes enables more coordinated and cost-effective risk responses...
displayed 300 characters
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