At face value, compliance can easily be interpreted as maintaining the status quo, following the rules, and conforming to predetermined and universally accepted norms. And if you choose to believe and adhere to that definition and understanding of the term and the practice, that’s exactly what it will be. But you do have a choice. It’s just like a paraphrase of the old saying: whether you believe that you can or you can’t do something, you’re right.
There are aspects of running a business that are viewed by most as necessary evils, but they can be turned into positives with a change in our viewpoint. Compliance falls into this category more often than not. The cost of compliance can be counted in money, time and
It’s no secret that the world is changing very quickly in the modern digital world, and that fact applies to every aspect of our lives, both individually as well as in the business world. That basic concept is the basis of a great new book called Exponential Organisations by Salim Ismail, which describes how two critical aspects of running a business is leading to exponential growth that is drastically shortening the time from launch to wild success: outsourcing and software.
Work Health and Safety procedures that are designed to comply with WHS regulations aren’t optional. If you have a conscience and care about the health and safety of your employees, then this article is for you.
Compliance problems can bring down a business almost as quickly and completely as the controlled demolition of a building, leaving nothing but rubble and destruction behind. This might sound overly dramatic, but it’s essentially true. Compliance regulations come from government, licensing organisations, industry associations, and other bodies which can directly control the way your business operates – and even stop it from operating.
For independent auditors and compliance consultants, taking on larger volumes of work can be difficult without the right people and processes to make it work. In a competitive environment, establishing a niche client base that can trust your services is essential.
Peak bodies and industry associations are facing ever-changing and demanding compliance responsibilities. New laws, codes and regulations are making the compliance landscape ever more complex. Jurisdictions and mandatory inspection schedules are also increasing, adding pressure on already limited compliance resources.
Even if your business has never exported before, it may be considering doing so now in the wake of ChAFTA. The opportunity for up to a billion new customers is just too great to pass up in most cases, especially with tariffs being relaxed across so many industries. If your business is contemplating getting into the export game, or just expanding into the Chinese market, there are many additional risks that it will take on in the process. Here are 10 things to consider, in order to manage those risks effectively and grow your exporting business.
In this article, we examine the potential risks in exporting and how to minimise them using an effective auditing system.
Your brand is your reputation, and your reputation determines your success. This is even more important when considering exporting to foreign nations, as the risks to brands being tarnished are harder to mitigate, and can ultimately be more harmful. A global reputation for poor products is obviously more difficult to repair than a national reputation.
In this article, we look at ways SMEs can protect their brand and reputation when exporting, with attention on exporting to China.