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BPIR Best Practice Newsletter No.5 |
BPIR Best Practice Newsletter
No.
5 - 2009 |
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Welcome to our latest newsletter.
Management
Brief: Enterprise Risk Management
Enterprise Risk
Management (ERM) forms part of the glue that holds corporate governance
together. It also contributes to an organisation’s long-term profitability
and sustainable growth.....
ERM
frameworks offer a structured approach to risk management, which enable
organisations to.....
Risk
maps and risk registers are excellent mechanisms for communicating organisational
risks throughout an organisation......read
more..
Typical Management Brief content
* Definition and Stage
* Expert Opinion
* Survey and Research
* Example Cases
* Measure and Evaluate
* Self-Assessments
* Summary of Best Practices
* Conclusion
* References.......Read other management briefs
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| Upcoming Events |
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2009
Performance Excellence Summit, Canada - October 22, 2009.
Top economic and social thinkers gather in Toronto to explore
how Canadian organizations from the private & public sectors
should face this brave new world economy. Organiser: National
Quality Institute.
4th
International Benchmarking Conference, October 27 - 28,
2009, Bahrain. Benchmarking experts and companies describe how
benchmarking is being used to deliver competitive advantage.
Organiser: Global Benchmarking Network.
Embracing
Excellence: Learning from the Best, Singapore - November
2 - 5, 2009. Business excellence award winners from around the
world will share their secrets of success. Organiser: The SQA
Governing Council & SPRING Singapore.
Certified
EFQM Assessor, Abu Dhabi - UAE, November 22 - 25. Organiser:
Abu Dhabi International Centre for Organisational Excellence
Award
Winners Conference, Warwickshire, UK, December 8th. Award
winners will include the 2009 Lean Six Sigma Academy and the
UK Excellence Award winners. Organiser: British Quality Foundation.
** See BPIR
Events Calendar for more events
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BPIR
Networking service gains momentum
We are nearly ready to move all members over to the new networking suite.
Currently certain partners have agreed for their members to be moved
and users among these have been buidling their profiles. Nearly 200
have done this so far and the flavour is definitely international with
over 10 major economies represented already. Remember it's not like
any other network you may be part of; its more... What you can do:
Networking - build a profile, search those of others, and communicate.
Project collaboration - post requests for one-on-one help, benchmarking, focus groups, partnerships, and more.
Best practice awards - upload your best practices and share them with your colleagues, professional body, or the wider BPIR community. Regular award for best 'best' practice uploaded.
Organisation profile - make your organisation visible in the community, highlight products/services, management/ improvement tools in use and their effectiveness, and search those of others.
Forums - topics forums, private project forums, and general business improvement forums.
Suggestion schemes (coming soon) - online tools for use by member organisations and partners
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Latest BPIR blogs
Culture
for Continuous Improvement - how is it aligned in your organisation? ..........read
more.
Organisational Social Networking - a must-watch video for its role in
training strategies........read
more.
Social Networking - Get on board the trend........read
more. |
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Spotlight on Self-Assessment
Have
you used any of our self-assessment tools lately? We have over 50 to
assess all aspects of your organisation - from how your organisations
develops its strategy to how it serves its customers. Here are three
topical examples:
Enterprise
Risk Management - Is your current Enterprise Risk Management
framework good enough...?. read
more (go to category 1)
Ethical
Decision Making Process - Is yours ethical ....?. read
more (go to category 1)
Environmental
Report/Statement Evaluation Checklist - Does your environmental
report meet international standards?.....read
more (go to category 2)
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Featured publications
Did
you know BPIR provides full access to over 600 excellent business publications
providing, in total, over 1,000,000 articles and reports? A few of the
publication titles from the "Business & Economics" category (one
of 23 categories):
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Non Profit World
- NZ Business
- Canadian Business Economics
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- Asia Today
- American Business Review
- Malaysian Business
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Members read the latest issues - non members see available titles
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Professional
Benchmarking: UK, Edinburgh
Nov 26th -27th, and London
Dec 2nd-3rd 2009
The Best Practice
Club with Quality Scotland and London Excellence offers 2-day interactive
workshops in best practice benchmarking using the innovative TRADE methodology
(developed by BPIR's sister organisation, COER, www.coer.org.nz)
which includes a full training manual and set of resources for professional
benchmarking.
Flyer
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Research
study: Employee engagement tied directly to the bottom line
Studies by Gallup involving over 10 million employees in more than 100
countries between 1998 and 2008 showed that most employers focussed on
satisfying employees with pay and benefits, but this did not lead improved
business outcomes. The studies found that employee engagement was a much
better predictor of outcomes in terms of productivity, profitability,
customer metrics, and more. Overall........read
more. |
Research
study: Internet most important source for business information
In a 2009 study of over 650 executives 60% reported that the Internet
was by far the most important source for business information. The study
also revealed that executives spent an average of 15.9 hours per week
on the Internet (excluding e-mail) for work and non-work activities.....read
more. |
Research
study: Cost reduction strategies
A May 2009 survey examined measures taken to shed or contain costs during
the recession. The study listed 17 cost-cutting measures and 86% of respondents
said their companies had implemented at least one of these cost-saving
measures, one respondent had enacted 13, the average respondent had used
five, and a very small percentage of companies relied on just one measure.....read
more. |
Case
study: Social networking provides gateway into overseas markets
With the majority of its business coming from emerging markets outside
of the, Synchronica, a UK-based technology company, saw that social networking
could provide a gateway into overseas markets for its e-mail solutions.
The company joined two networks to identify useful contacts ...........read
more. |
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Case
study: Social networking helps company get a foot in the door
To meet the challenge of identifying customers in the European and North
American markets Wuhan Goldsense, a China-based Importer and exporter
of industrial machinery, used online networking to find potential purchasers.
The company found company profiles and learnt what they were interested
in, let overseas organisations know...........read
more.
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Research requests
Fresh information added every month in answer to your requests. Submit your issues for next month. How this service works |
| Last month's requests |
Currently being researched |
1.
Organisational Ethics
2. Employee engagement (and its influence on customer satisfaction)
3. Social Networking in Businesses
4. Cost Reduction |
1. Business Process Outsourcing
2. Managed Services
3. Offshoring
4. Marketing Audits
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Remember
...to
check out the website
- keep in touch with other members through the network and view the
rest of our research. There are 1000's of case studies, research papers,
and 'expert' articles linked to over 1000 strategies, tools and techniques.
More and more are added each month. We know you will find valuable knowledge
and we always welcome your feedback, so if you have time, please email
any comments about our services to
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
,
or simply fill in and submit our 30 second survey found under "Newsletters-subscribe".
And if you are currently not a member of the BPIR, or wish to upgrade your membership to a site-wide membership, then we encourage you to do so right now.. JOIN NOW.. you won't be disappointed.
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Regards,
Steve Welch
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Managing Director
BPIR.com Ltd
Business Performance Improvement Resource (www.BPIR.com)
Centre for Organisational Excellence Research
Tel +64 21 371 249
Fax Work +64 6 354 3336
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"To know the road ahead, ask those coming back" - Chinese Proverb
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©
2009 BPIR.com Limited .
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Hi ,
Welcome to our latest newsletter.
Management Brief: Strategy Deployment Metrics
The choice of appropriate metrics is of prime importance for effective strategy deployment. Certain measures are suited for monitoring outcomes, whilst others are highly useful for triggering proactive management actions. Organisations need a balanced mix of both “lagging” and “leading” metrics........KPIs focus upon the crucial aspects of performance needed for the continued success of an organisation. The optimisation of KPIs requires.....read more..
Research Study: Benchmarking of strategic and operational performance measures
A 2008 survey of 500 manufacturing firms investigated the deployment of strategic and operational performance measures. The study revealed evidence of misalignment, inconsistencies, and lack of consensus at various levels of organisation........read more.
Read other management briefs
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| Upcoming Events |
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10th annual Asian Six Sigma Week 2009 - Singapore - Marina Mandarin Hotel, 15th - 19th June 2009. Innovations and ideas on Six Sigma and Lean in customer satisfaction, reducing variable/Fixed cost, service and product quality, process speed, and returns on invested capital
1st Annual Canadian Quality Congress, Canada - The University of British Columbia, 19th - 21st August 2009. Focus on Future: Quality, Innovation and Social Responsibility
4th International Benchmarking Conference, Diplomat Radisson SAS Hotel Residence & Spa, Manama, Bahrain. 27th - 28th October 2009. Practical ideas and solutions, business research findings. Leadership/management capability and high levels of business performance. Presentations: business excellence award winners, leading businesses, top senior managers and academics.
Go Green, Cut Costs and Be Fit for the Future John Laing, London. 18th June 2009. Workshop. Experiences and tips for how companies can win in all three areas of going green, cutting costs and being fit for the future.
** See BPIR Events Calendar for more events
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Latest BPIR Blogs:
The World Recession is Great for Quality Professionals Or Is It? ........read more.
The Cult of Six Sigma and PodCasts........read more. |
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Spotlight on Self-Assessment
Have you used any of our self-assessment tools lately? We have over 50 to assess all aspects of your organisation - from how your organisations develops its strategy to how it serves its customers
Now, more than ever before, we all need to get the best from our selves and from our staff in order to prosper. Check out these two simple tools that can help remind you of some important fundamentals:
Is Your Measurement System Well-Balanced? - Have you covered all key aspects of your business...?. read more (go to category 5)
Performance Measurement System Design - Just how effective is your design....? read more (go to category 5)
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Featured Publications
Did you know BPIR provides full access for over 600 excellent business publications? A few of the titles from the "Economic Situation And Conditions" category (one of 23 categories):
- The OECD Observer
- Harvard Asia Pacific Review
- Journal of Business & Economic Statistics
- The Business Journal |
- Growth Strategies
- Small Business Economic Trends
- The World Bank Research Observer
- Journal of Economic Issues |
Members read the latest issues - non members see available titles
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Research Study: Travel costs saved through applying procurement techniques
The 2009 American Express Business Travel Procurement Practices Survey received 241 responses from managers. The survey showed that travel managers were seeking more sophisticated advice, tools and tactics to strategically cut costs........read more. |
Case Study: Award Winning Application of ERM Framework
To manage risk the United Illuminating Company (UI), a US regional electric distribution company, adopted the COSO ERM Framework and assigned ERM responsibilities to its Strategic Business Services (SBS) unit. SBS integrated ERM with UI’s strategic planning, process improvement, and project management. 14 special risk areas were identified.........read more. |
Case Study: Vehicle Fleet Management rental scheme
The 48 nurses and hospice workers at the Health at Home Agency of Alegent Health, a US hospital system, drove their own vehicles for which they received mileage reimbursement. When gas prices began to soar in 2007 and the IRS increased the mileage reimbursement rate to 50 cents a mile, up from 48.5 cents, the need to curb costs became evident. The Agency worked with a rental company to see if a rental deal could cut costs...........read more. |
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Case Study: Vehicle Fleet Management goes green
To meet SKF's global vehicle emissions target SKF Group Australia, a manufacturer of ball and roller bearings, spindles and seals, established a policy, called "Beyond Zero" in 2005, and set out to address its biggest carbon problems - a car fleet of large six and eight-cylinder, petrol-driven vehicles........... read more.
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Research Requests
Fresh information added every month in answer to your requests. Submit your issues for next month. How this service works |
| Last month's requests |
Currently being researched |
1. Fleet Management
2. Risk Management Framework
3. Internal Consultant
4. Controlling Travel & Entertainment costs |
1. Knowledge Retention
2. Human Capital Measurement
3. Employee Motivation
4. Suggestion Schemes |
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ADICOE, United Arab Emirates, is the latest BPIR Partner
The Abu Dhabi International Centre for Organisational Excellence (ADICOE), part of the Abu Dhabi Chamber of Commerce, has recently started issuing passwords to the BPIR to key people in businesses throughout Abu Dhabi and the United Arab Emirates (UAE). This is to mark the establishment of the Emirates Quality Association (EQA). The EQA offers an opportunity for senior executives and quality professionals throughout the UAE to learn and share their experiences in organisational excellence.
In recent times the UAE has often been reported on in the worldwide media due to its fast economic growth, awe-inspiring construction projects, and visionary leadership. Of the seven Emirates, Dubai, and the UAE capital Abu Dhabi have been leading the way in terms of using the concepts of business excellence and now the Emirates Quality Association provides a mechanism in which professionals from all the Emirates can unite. The UAE has not been immune to the recent world recession but remains positive that initiatives such as this will help to enhance business capability and sustainability in the region.
The agreement between ADICOE and BPIR.com Limited has opened up the opportunity for Abu Dhabi businesses to more easily access our best practice resource and to participate in the new networking suite which is currently being deployed to BPIR partners on a staged basis and is due for general release to members over the next month. For more information on ADICOE contact Prof Hadi Al Tigani, and for the Emirates Quality Association contact Dr Lway Nakasha.
Have you ever visited Abu Dhabi? Abu Dhabi and Dubai have an incredible twenty-year plan..... read more
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Call for Papers - 4th International Benchmarking Conference, Bahrain, 27-28th October 2009
You are invited to respond to this year's Call for Papers for the 4th International Benchmarking Conference. The submission deadline is June 11, 2009. The papers should provide the audience with case studies & examples of benchmarking and best practices. We are particularly looking for presentations sharing best practices in the following areas: Telecommunications, Sustainable development, Lean and Six Sigma, Governance and Leadership, Human Resourcess and Benchmarking in the Public Sector. Refer to http://gbn.bahrainquality.org for more information......read more
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Remember
..to check out the website and view the rest of our research. There are 1000's of case studies, research papers, and 'expert' articles linked to over 1000 strategies, tools and techniques. More and more are added each month. We know you will find valuable knowledge and we always welcome your feedback, so if you have time, please email any comments about our services to
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
, or simply fill in and submit our 30 second survey found under "Newsletters-subscribe".
And if you are currently not a member of the BPIR, or wish to upgrade your membership to a site-wide membership, then we encourage you to do so right now.. JOIN NOW.. you won’t be disappointed.
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