Legal Areas Business Consultancy What is Whistleblowing? Whistleblowing is the act of disclosing information by an individual, typically an employee, about illegal or unethical activities within an organization, to the public or to those with the power to take corrective action. The goal of whistleblowing is to expose wrongdoing and hold organizations accountable for their […]
Legal Areas Business Consultancy What is Strategy Development? Strategy development, also known as strategic planning, is fundamental in creating and running a business. In essence, strategic planning is a tool for assisting you in achieving your business goals. Effective strategic planning lays out not only the direction an organization is going in and the steps
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Legal Areas Business Consultancy What is GRC? GRC stands for Governance, Risk Management, and Compliance. It is a system of strategy for improving a company’s overall governance while managing enterprise risk, and complying with laws and regulations. The acronym GRC was first coined by the OCEG (originally known as the “Open Compliance and Ethics Group) as
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Legal Areas Business Consultancy GDPR stands for General Data Protection Regulation. Data protection, especially the security of personal data, is now a top concern for governments and several other organizations around the world. In 2016, the European Union (EU) parliament was encouraged to replace the out-of-date 1995 Data Protection Directive and adopt the General Data
Legal Areas Business Consultancy Protecting Your Customer’s Privacy In today’s digital world, personal information is collected, processed, and stored by organizations in huge quantities. From social media profiles to online shopping habits, personal information is being used by businesses, governments, and other organizations to make decisions about our lives. However, with the increased use of
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Legal Areas Business Consultancy What is HR Policy? Human resources policies are standards implemented for various employment-related issues affecting managers and employees. These can include procedures in hiring, compensation, work procedures, training, promotions, work environment, closure, and other crucial work activities. The treatment of employees should be also outlined in HR policies. The goal of HR policies is
