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Third-Party Risk Management: What It Is And Why You Need It

YoungUpstarts

There’s the risk that the vendor won’t come through, that supply chains will be compromised, or that the vendor will damage your reputation, fail to comply with regulations, be affected by a natural disaster, or get hacked. A strong third-party risk management strategy will increase transparency, streamline operations, and cut costs.

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3 Reasons The Remote Work Trend Is Here To Stay

YoungUpstarts

In the past, working remotely was considered “normal” for entrepreneurs or independent contractors in the gig economy only, but organizations wanted employees, and consultants, to be onsite and working in the office. Employees clearly want and enjoy the flexibility. This greatly narrowed the talent pool. It’s a win-win. Cost Savings.

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A step-by-step guide to HR outsourcing

The Startup Magazine

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . Most HR functions are outsourced to an HR consulting agency by SMBs (10–500 employees). We are introducing new employees to the organization. 2 Managing Performance.

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Public Trust in Nonprofits: What Boards Need to Know

Board Effect

What Drives Trust in Nonprofits In her book “ The Psychology of Trust ,” Martha Peaslee Levine presents five key mechanisms associated with the public’s trust in nonprofit organizations: Promise of Mission and Values Organizational Reputation Transparency and Accountability Performance and Social impact Use of Contributions.

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Why Transparency on ESG Matters for Nonprofits

Board Effect

Donors, volunteers, and partners support nonprofits because of their missions. A growing number of people are deciding where to put their time, money and energy based not only on the goals of a nonprofit, but also its commitment to environmental sustainability, leadership, employee diversity and other social responsibility issues.

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Safeguarding Personal Data: What's the Role of SOC2 in Workforce Management?

Transformify

As technologies and industries evolve, protecting company and employee privacy becomes increasingly important—and tricky. Service Organisation Control 2 (SOC 2) plays a key role in this digital age, defending sensitive employee information, preventing data breaches, and boosting operational efficiency.

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ESG in Venture Capital: Interview with Blue Future Partners (VC Fund of Funds)

David Teten

Blue Future Partners, a venture capital fund of funds, recently interviewed me on ESG in venture capital. In its first full year of operation, VCAP attracted 159 applicants. The Boston Consulting Group and MassChallenge , a US-based global network of accelerators, partnered to study why “ women-owned startups are a better bet ”.