Archive for the Financial controls Category

Governance Consulting

Posted in Consulting, Employee benefits, Financial controls, Governance, IT, Management, Operations, Pensions, Press, Process, Risk with tags , , , , , on December 13, 2006 by katephiz

Press release annoucing the launch of LCP’s Governance Consulting Practice for which I am one of the two senior contacts.
The launch consolidates work to produce a manual for clients on how to undertake a risk management exercise.

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DC Governance

Posted in Financial controls, Governance, Pensions, Press, Professional Pensions with tags , , , on October 30, 2006 by katephiz

Comment in the special Professional Pensions DC supplement on improving governance relationships in contract-based DC arrangements.  Excerpt as follows:

Some companies, especially those which have switched from trust-based schemes to contract-based schemes, have internal groups which consider how well the contract-based scheme is being run, albeit without direct responsibility…

 

Risk – like the relay

Posted in Business, Consulting, Employee benefits, Financial controls, Governance, HR, Management, Operations, Outsourcing, Payroll, Pensions, Process, Risk with tags , , , on March 30, 2005 by katephiz

Article authored for Personnel Today explaining risk using the analogy of a relay race.  Excerpt as follows:

Generally, preventing a risk from arising involves simple, straightforward solutions, which can often be implemented at minimal cost. The consequences and cost of dealing with a risk after it has happened can be considerable.

<snip>

However, as we have seen, many of the risks lie on the boundaries between departments and functions.

Budget for procurement advice

Posted in Consulting, Financial controls, Outsourcing, Press, Procurement with tags , , , , , , on July 15, 2004 by katephiz

Press comment on how much organisations should spend on third party procurement advice and which was reported in the trade press. The detailed comment included the following key advice:

… [they] should look to spend between 2.5% and 5% of fees over a five-year-contract on procurement consultancy …