Wednesday, April 24, 2024
A workplace that encourages employees at all levels to contribute their ideas as a way to improve business operations.
A plan for training and development which individual employees discuss and agree with their manager which aims to contribute to their performance at work and enhance their career prospects. The IDP is reviewed at least annually.
The process of introducing a new employee to the workplace. Typical activities include familiarisation with company policies, introduction to fellow employees and early training.
Various forms of disruption to the activities of a business intended to highlight or terminate a grievance or disagreement between the workforce and the employers.
Refers to the legal environment relating to employment including occupational health and safety, anti-discrimination, employment relations, recruitment and dismissal with the key aim of ensuring equity at work.
A society in which the creation, use and distribution of information is a significant economic, political, and cultural activity.
The basic framework or underlying foundation established in a country or community in which business, industry or other societal functions can develop. This can include transport and other facilities, utilities, buildings etc.
Specific projects or programs undertaken to achieve objectives in the near-term, such as to reduce costs, increase efficiency, or improve sales performance.
A characteristic of a product, service or company, creative or different.
A person willing to try new and creative approaches to solving problems or doing things.
When people pay money into a pool to cover the cost of damage or replacement of their assets should an incident occur.
The intangibles of a business that underpin future growth such as a person's ideas and knowledge.
Temporary or provisional.
An insurer who sells policies to customers through intermediaries, such as brokers, agents, motor dealerships and financial institutions. 
Employee product awareness and feedback from employees to strengthen brand management.
The internal aspects of a business such as staff, systems, structures and culture that are directly managed. See also, external environment.
The outlay of a sum of money to be used in such a way (e.g. for the purchase of shares, property or equipment) that a profit or increase in capital may be expected.
Individuals or firms who outlay a sum of money to be used in such a way that a profit or increase in capital may be expected.
A standard specifying the actual requirements for an environmental management system. It applies to those environmental aspects which the organisation controls and over which it can be expected to have an influence.

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