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“ELAM's Process Audit Principles for Risk Management”The effective management of risk is vital to the continual growth and success to any organization. For risk management to be effective, all operation process most apply standard principles to the context of their particular business requirement and objectives with following principles: Risk Management Must Create the Product Value  Risk Management is Integrated into Organizational Process. Explicit Risk Management helps decision-makers with...

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Ask an entrepreneur what they see as the best thing about running their own business and you are likely to get similar answers: freedom, autonomy, proving your ideas are better than someone else’s – normally the people you used to work for.I’d agree with all that. As a business owner I am entirely free from a range of tedious timewasting activities I had to do as a leader in my old business.No days spent knocking up monthly reports which never made a difference to the success of the business. No...

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“Modern Approach for Sustainability” F inancial services organisations are facing the most serious and prolonged crisis since the 1930s. Contagious uncertainty, instability and resulting write-downs are infecting ever more sections of the market. Funding is drying up. Equity values are becoming ever more volatile. Demand for financial products and services are falling back amid an accelerating slowdown in the global economy and dip in business and consumer co...

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ELAM Nepal helps companies to improve territorial coverage and enhance market penetration within operation area.ELAM Nepal further develops process and ensures effective implementation to enhance company's sales effectiveness through CRM and direct marketing campaigns.ELAM Nepal reviews the Structure and “rule of the game” of the incentive scheme for "Front and Back Office Staff" for sustainable business. ELAM Nepal enhances sales processes for the "Comp...

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Organisation and Governance: this area of analysis concerns the evaluation of the firms macro and micro organisational structure, its control model and operational mechanisms that interconnect business units, as well as the soft factors, which contribute to the organisational health such as the leadership style, and involvement of owner.Top Line Performances: the aim of this area of analysis is to look into reasons behind quantitative and qualitative performances of organization. This includes...

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Automotive retailers' profitability is highly correlated with the effectiveness of the Operational Practices Implemented. This means that underperforming dealers can substantially improve their Profitability through the Implementation of Efficient Operational Practices such as Performance Planning and Monitoring, Talent Management and Customer Loyalty Enhancement. Operational excellence still represents an open issue for automotive retailers. On one hand, they lack managerial skills in financia...

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