Successful organizations always seem to be in control of their operations and in position to take advantage of any market fluctuation. So what lessons can be learned from these companies that you can apply to your own? In the latest online exclusive article in Risk Management, Andy Barfuss, a partner in the risk advisory practice at the accounting firm Amper, Politziner & Mattia, points out the there are four keys to achieving lasting business success.
Regardless of size, the key to winning is translating the CEO’s goals and values into employee actions and behavior. Successful organizations possess four key attributes: 1) strong leadership; 2) individual accountability; 3) effective risk management; and 4) human resources reinforcement. A practical action plan to garner better control of your company requires steps in each of these areas.
Be sure to check out this interesting look at what makes an organization great, exclusively at RMmagazine.com.
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Morgan O’Rourke is editor in chief of Risk Management magazine, where he has worked since 2002. He graduated from Cornell University in Ithaca, New York, with a degree in communications and lives on Long Island, where he was born and raised.
