NSKT Global

  Recently, there have been several incidences of employees leaving organizations, making it compulsory for management to focus on employee well-being and engagement. Workplace well-being ensures that the employees working in an organization are given the best emotional and physical environment. It also ensures that the employees are not mistreated and the organization follows the labor law rules.  What is an employee well-being metric? Employee well-being metrics are data that help assess the mental and emotional state of employee well-being at an organization. It also includes the results of the employee well-being program being implemented in the organization. Previously, the employee well-being programs focused on wellness, specifically physical fitness activities and lifestyle management, like regular exercise, quitting smoking, and having a healthy diet. Several organizations focused on incorporating these activities as they are quantifiable and are known to reduce healt...

  ESG stands for Environmental, Social, and Governance factors used to evaluate the sustainability of companies and countries. ESG factors are interlinked with each other, and it becomes a challenge to classify a single issue without interlinking it with the other one. Most organizations are looking forward to an enhanced ESG to improve the organization's future. Any government or privately held organization that ignores the ESG is likely to incur more risks and miss out on important possibilities of having a better and more advanced future for the company. Emerging Issues in Corporate Governance Regulators in an organization are looking toward creating a specified framework for their organization that includes specific competencies. However, creating thorough selection criteria based on job descriptions, curriculum vitae, and interviews with directors in this shifting competition environment is difficult. It also gets difficult for them to choose the best-suited person for a spec...

  The post-IPO stage is also called the sustainment stage of the IPO process. It is the process where the company needs to sustain its existence in the stock market by complying with all the norms and regulations of the stock exchanges and SEBI. Being listed on the stock exchanges brings drastic changes for the company. As starters, the reporting infrastructure of the company needs to change and align with what SEBI designates. This may mean drastic changes in the company's accounting method or may even lead to changes in the company's accounting team. This will have a cascading effect on the complete organization. It will include internal and statutory audits, IT (Information Technology) changes, processes, and documentation. As guidelines, the company may have to bring in new governance structures by adding independent directors, an internal audit committee, and investor relations officers. Some common Guidelines a company needs to meet for the Sustainment stage Once the comp...

Internal Audit is not new; it has evolved a lot since the beginning. Earlier the scope of internal audit was to audit the financial records and identify frauds and corruption in an organization. However, today in the digital age, the role of internal audit has changed. It covers a vast scope, such as governance, risk management, compliance, data verification, resource conservation, and an overall analysis of the entire organization.  With rising technological advancement and fueling innovation, changes in internal audit is still a question to many. Is it changing enough to adjust to innovative technology, or should the executive management carefully consider the evolution of internal audit? In a world where changes are happening rapidly in almost everything, each organization thinks of either adapting to the new technologies and growing or taking a risk and declining the changes. The outbreak of the COVID-19 pandemic and the emergence of social unrest have left leaders and direc...