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The Bicep in Management
The Bicep in Management is an article designed to cross examine the very essence of business control.
Government Vs Company Policy
It is eminent that structures are put on ground by the state to fast track economic viable successes and leverage on any societal disadvantages including poor corporate attitude under solid statutory or market system. Business and non business organizations do well to setup standard and ethics by coming up with legislative policies for good control or investments procedural purposes.
The mix between government and company policies lies in between the birth or security of business standard. Where there are no regulations or business control, ambiguity take lead to the point businesses become corrosive. Thus the dire need for regulatory agencies and control departments in the various business establishments.
For example, there are government agencies established by statute with the responsibilities to undertake the registration of companies, issue licenses, the standardization and grading of companies, assessing the qualities of company products, etc. Organizations are operating between external and internal policies so to create a robust Quality Business Atmosphere leading to the Legal Consumer Confidence required by Firms.
Policies are therefore the foundation which business ventures take their stance and bring about considerable level of products security, growth and development.
Illegal Business Deals
Business deals are powerful economic pointers. The various deals reached by businesses and non business organizations whether local or international will build up the social economic stronghold of any economy and as well position it in the global economic map, if the deals are not questionable.
Illegal deals may be mouthwatering for the dealing parties but catastrophic for the economy it is being injected. The affected economy may be put on a bizarre international spotlight which the global effect could be damaging.
Let’s look at some few disturbing examples of illegal business deals.
1. The states or companies trading and exchanging deals with terrorist groups or organizations.
2. The states or companies trading on products embargo have been legislated.
3. The states harboring International Declared Wanted Persons (IDWP.)
4. The states or companies sponsoring and extorting funds from deadly virus at the expense of victims affected in a particular country or at large.
5. The states and companies investing hugely on nuclear weapons for negative reasons.
6. The companies (selling and purchasing parties) that deliberately export or import substandard, adulterated (toxic), or fake products.
7. The financial institutions of high developed economies that consciously act as recipients for looted funds from other high or low developing countries. Mostly the funds from African economies. There should be global legislation to regulate this ugly trend leading to leakages in the third world countries and halt the reputable banking organizations in the developed world from accepting looted mobilization.
The continuous financial misappropriation of funds from some high government officials through the abuse of office have milk dry the prudential financial strength and pride of most African epitome which only global attention can purge. That is enacting a global legal system and providing sanctions where necessary to stop the already developed world from accepting embezzled funds from Ldc’s. The funds should be repatriated to its original destination without exhibited bureaucracy or calculated delay.
States should not undermine the toxic effects of dirty deals consummated by representing companies, political or net worth individuals. They should rather develop more possible solution tech to fish out public saboteurs, hand them over to the necessary authorities for further interrogation and ensure they are prosecuted accordingly.
Sharp Practices in Workplace
Smart systems develop by organizations can dethrone cruel disposition in a work environment over time. Management defense methods created to quell the wrong office behavior should be among the high point of every internal and external employment agencies so to reduce or eliminate the fraudulent acts in a company.
Among the plethora unique methods established to attract personnel loyalty in the workplace are the enrolment of attractive remunerations, salaries and wages in employees’ welfare packages. This also comprises of the grand values attached to all the members of the company workforce, no employee should be left behind.
Human wants varies, they are elastic with different people, so stringent methods can also play good roles in bridging the gap between corporate attitude and office misconduct.
However, management should pay closer attention to job satisfaction which is the original defense mechanism against theft and all kinds of vices. The benefit from staff motivations are the smooth rendition of employer – employee work zone or relationship.
Organizations can push even tiny fraud cases to infinity where job satisfactions have been marked very good, excellent or first class.
The ideas in this beautiful article are the personal opinion of the writer Poet Okundaye Israel O.
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