This CGMA survey report explores the importance placed on business ethics, ethical performance and ethical management within organisations, and the specific role played and challenges faced by individual chartered global management accountants (CGMAs).
In the last article, we have discussed the main areas of concern when it comes to enterprise risk management framework in Vietnamese companies. Apparently, they can learn a lot from their Western counterparts where risk and performance reporting to the board are integrated. Now, we will go over the best practices or practical application of corporate risk management in Vietnam.
Have you ever had to make a decision that could lead to your company’s closure? This week’s case study will put you into another difficult situation.
As mentioned in the previous post, risk management has only begun to take shape in Vietnamese companies. The global economic recession has left many out of business, and for those who have sailed through the storm, there are lessons to be learned. In this entry, we will review some main issues with business risk management in Vietnam.
Just a quick reminder, in our previous blog entry, we have discussed about step 1 and 2 of the 5 steps. In this article, we continue to talk about the remaining steps that complete this circle of customer value management.