IBAN details What is the purpose of an IBAN and BIC? An IBAN or International Bank Account Number is your bank account number in a standard, internationally recognized format. Used with the Bank Identifier Code (BIC) it helps international payments to be processed automatically, making them faster and more secure. It also helps prevent payments […]
The International Organization for Standardization (ISO) released ISO 10014:2006 – Quality management – Guidelines for realizing financial and economic benefits, which is based on a “bottom line” that unites top management and the quality manager, and provides guidelines on how to achieve greater profits from this cooperation. These principles are subsequently referred to as “Management […]
The escalator or moving walk model you select, will reflect your concept and your individual style. The model you finally select will depend on the capacity requirements of the escalators and moving walks, the location of your installation in particular, the type of weather that it must with- stand and the required performance. On the […]
The International Organization for Standards (ISO) is an independent organization that develops voluntary international standards. The purpose of ISO 10377 is to provide suppliers with practical guidance concerning the safety of the consumer products they manufacturer. According to ISO, “ISO 10377:2013 provides practical guidance to suppliers on assessing and managing the safety of consumer products, […]
You are interested in making your business relationships create more value, aren’t you? Wouldn’t you agree that having a collaborative business relationship with people who you do business with, is important if not critical? For many years I have been trying to win projects and then deliver them successfully as a consultant and as a […]
1 What are records? Records are defined in the Code as follows: ‘Information created, received and maintained as evidence and information by an organization or person, in pursuance of legal obligations or in the transaction of business’. This definition is taken from the British Standard dealing with records management, BS ISO 15489, published in […]
Risk management is an increasingly important business driver and stakeholders have become much more concerned about risk. Risk may be a driver of strategic decisions; it may be a cause of uncertainty in the organization or it may simply be embedded in the activities of the organization. An enterprise-wide approach to risk management enables an […]
COSO Internal Control Framework In 1992, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) published its Internal Control – Integrated Framework. This document was updated and expanded in 2013.1 The COSO framework provides an approach organizations can use to develop and maintain systems of internal controls for achieving their established objectives. The COSO […]
PERFORMANCE MANAGEMENT AND MEASUREMENT The purpose of this standard is to introduce the fundamental concepts of performance management and assist an organization to develop a practical strategy for achieving its quality improvement (QI) goals. This standard highlights the use of evidence-based performance measures to set QI goals and evaluate an organization’s progress in meeting […]
Build a robust and resilient organization with ISO 22301 It’s never been more important to protect your business from the unexpected. Whether this is from power cuts, IT system or equipment failure, industrial action, or natural disaster, you need to make sure your business is not vulnerable to disruption and you can recover […]