Archive for the Payroll Category

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.

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

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