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Vendor Risk Management

Vendor risk management is now a very important concept that needs meticulous planning. It is a necessity and also a policy that many companies are following for greater efficiency and profit.
There are many Third party vendors or direct company vendors are present in many industries including software, hardware etc. Today it is an integral part of business to manage information and knowledge, as it is the most important asset of an organization. Information security, legal documentation, trademarks, patents, copyright are some traditional and newly evolved concepts. Starting from design to concept today all can be patented or protected by legal documentation.
Today companies assess the brand value, customer information, internal customer satisfaction report, past and present client information before handing over non public information to vendors, like credit card details, bank information, even address phone numbers in mailing and calling lists, (PCI DSS Requirement 12.8 similarly requires covered entities to maintain a list of service providers with whom card holder data is shared.) To back up the institution's vendor risk assessments in conversations with regulators and auditors, it is also helpful to keep handy files containing due diligence and audit reports on the vendors or summaries of such reports.

Vendor risk management is the process organizations analyze not only from the point of view of past experience but also in case to case basis that can be particular to the partnership. This is particularly important for companies that relates to data sharing and the outsourcing of business functions and processing. Vendor risk management is a standard practice today and has matured to an extent where some leading financial industry groups such as BITS have standardized the process significantly through their Standard Information Gathering (SIG) and Agreed upon Procedures (AUP) standards. The use of these standards or their derivatives helps organizations quantify the risk that may be involved with their vendors and then incorporate appropriate risk lessening techniques and measures to alleviate the risk.
Vendor risk management process helps organizations to operate in a mutually secured environment that encircles security of organizations information, customer data and also third party vendor's operational security. It does not eliminate but certainly minimize security concerns involved in third party production of good and services, processing of information and handling data and process. This also enables the third party vendors to draw border line for their employees on basis of certain legal or agreed points within which they have to deliver and work. So it is mutually benefiting the principle organization and the vendor creating a secured platform of operation where both can deliver excellent product or service to their customers or interest groups.

What do You Know About Management

Management is completely different from leadership but just as important. To perceive the nature of management, we tend to need to be clear how it differs from leadership. The primary step in answering the query: "What do you know about management?" is to understand the fundamental tasks of all organizations. Like every other species, an organization wants to require care of its immediate business of survival but it additionally has to evolve to ensure its fitness to deal with changes in the surroundings and therefore the actions of competing species.

Management is that the function that organizes the execution of these days's business. Leadership is that the evolutionary mechanism that changes organizations to prosper in tomorrow's world. Whenever a species or individual animal runs into obstacles, variations occur and new forms are selected from those variations. Leadership could be a risk taking type of action that explores new frontiers and promotes new ways that of behaving. It follows that, in an exceedingly stable setting, smart management is all that is needed to prosper; leadership during this context is not required.

This portrayal isn't the popular one where leadership means that being the top dog in an exceedingly group irrespective of what's occurring within the environment. Additionally, management has been cast on the rubbish heap since the late 1970's following the initial wave of Japanese business success in the West. We needed a scapegoat for our failure to compete with the Japanese, and management was fingered for this role. Jack Welsh, Tom Peters and different gurus known as for additional leadership and an end to management, that they saw as stifling innovation. The fact was that a lack of competition created a complacent perspective AND lackluster management. It was the manner management was practiced that was the problem, not anything to do with management as a function. We have a tendency to merely needed to upgrade management for a new reality.

Being hierarchical by nature and inclined to worship heroes, we tend to tend to treat the person in charge of our cluster as a leader. However complexity demands specialization and executives want to perform multiple roles that rely on the distinctive demands of their situation. If their main perform is to maintain quality, low cost and good client service whereas motivating employees to perform to their potential, then they are performing the management perform, not showing leadership.

Management is like investment. Managers have resources to invest - their own time and talent furthermore human and money resources. The goal or function of management is to get the most effective come on those resources by obtaining things done efficiently. This does not entail being mechanical. The manager's vogue may be a contextual issue. With highly skilled and self-motivated information employees, the manager can be terribly empowering. Where the workforce is less skilled or motivated, the manager could want to watch output more closely. By saying that management could be a operate, not a type of person or role, we have a tendency to higher account for self-managed work teams where no one is in charge. Managemenet merely makes the most effective use of all resources even once we manage ourselves. Hence management does not essentially entail a dictatorial, controlling overseer. Skilled managers apprehend how to educate and encourage diverse employees. Getting things done through people is what they do.

The aim of management is to deliver results value effectively per customer expectations and profitably, within the case of economic organizations. It is not only leaders who will be inspiring. Inspiring leaders move us to vary direction while inspiring managers encourage us to figure harder.
Management could be a important operate because of the complexity of recent organizational life.

The need to coordinate the input of thus many numerous stakeholders, consultants and customers requires huge patience and highly developed facilitative skills. Excellent managers understand the way to bring the correct folks together and, by asking the correct queries, draw the best solutions out of them. To facilitate well needs managers to work very closely with all relevant stakeholders. By distinction, the leader can be a bit of an outsider. Like Martin Luther King, Jr. promoting desegregation on buses to the U.S. government from the sidelines, the leader can induce people to alter even with no direct involvement or authority over the folks who are needed to take the hoped for action.

Managers do not simply keep ongoing operations ticking over. They also manage advanced projects like making a modern movie or putting the primary man on the moon. Leadership is only needed to sell the tickets for the journey or to resell it periodically if resistance develops, however management drives the bus to the destination.

I am Alina Walace, professional content writer for management articles. I have written many articles on ISO 9001 QMS. I preferred iso 14001 for Environment Management System. I also provide ohsas 18001 training for Occupation, Health and Safety Management System.

Versatek is Simplifying PoE Management with Visual DMS Interface

Versa Technology is proud to announce its launch of two exciting new Power over Ethernet (PoE) Switches with Web Smart+ and built-in Device Management Systems (DMS); the VX-GPF1626 and the VX-GPH1610

The VX-GPF1626 is a 24-port 10/100/1000TX managed PoE switch boasting 370 watts of power, while the VX-GPH1610 is an 8-port switch that supplies 250 watts. They support 36Mpps and 14Mpps respectively, and both offer Layer 3 static routing and powerful L2 features.

The benefits of using PoE technology are many. When power and ethernet are both transmitted simultaneously using a standard networking cable, network installers are able to install devices in networking sites that otherwise lack local electrical circuitry.

DMS is an exciting and cutting-edge proprietary system that brings a number of benefits at an affordable price point. Not only does it improve the simplicity of remotely managing connected powered devices such as IP cameras and wireless access points, this new visual management software also displays a networking map complete with the IP addresses of connected devices.

"This DMS system we are releasing will allow our partners to remotely manage networks through a simple graphical interface," said Joe Williams, Director of Channel Sales for Versa Technology. "This interface will allow our installers to offer enhanced monitoring services to their customers at no additional cost; the DMS is thrown in with the purchase."

DMS further lowers the cost of ownership through energy efficiency upgrades, a built-in alarm system that enables real-time troubleshooting, and a simpler UI that lowers the learning curve for operation and management of the switch. Also, the included PoE Scheduling feature allow network admins to set operating hours to ensure equipment won’t run during non-business hours.

About Versa Technology

Versa Technology is dedicated to bringing a flexible array of networking equipment to our customers to help them achieve their connectivity goals. We offer a comprehensive portfolio of last-mile and end-user solutions including DSLAMs with VDSL2 and ADSL2+ technology, PoE adapters , switches , media converters , and wireless solutions . Our line of industrial networking equipment has been certified by CTC Union to guarantee the reliable performance of our industrial networking equipment.  Visit our website to learn about our products!

Contact:
Joe Williams
Company: Versa Technology
Address: 5224 Bell Ct, Chino, CA 91710
Phone: (909) 591-8891
Website: http://www.versatek.com/

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Waste Water Management

No matter who we are, where we are, and what we do, we are all dependent on water. We need it every day, in so many ways. We need it to stay healthy, we need it for growing food, for transportation, irrigation and industry. We need it for animals and plants, for changing colours and seasons. However, despite the importance of water resources in our lives and well-being, we are increasingly disrespectful of them. We abuse them. We waste them. We pollute them, forgetting how essential they are to our very survival.

According to the United Nations Development Program, more than 1 billion people, or about one in six worldwide, do not have safe drinking water and more than 2 billion lack access to adequate sanitation.

If current water usage trends continue, by the year 2025 two-thirds of the world's population won't have enough clean water.

The World Water Day, marked on 22 March, underscores the need for a global effort to support the widespread adoption of water reuse practices, which can be a key step toward quickly and effectively reversing the global threat of clean water scarcity.

Industrial companies located in urban areas are one of the greatest causes of water pollution. They also are large consumers of drinking water, as it is used in their processes. Because these companies use such a quantity of water, they turned to tapping of groundwater. This, in turn, contributes to the lowering level of groundwater. Although knowing that this is not a sustainable way, companies nowadays have enough money to buy water from private suppliers once their wells to groundwater have gone dry.

In the industry, water scarcity is growing. This, coupled with the rising costs of water for
industrial use, supports the recycling market in India. Industry has been motivated to adopt zero discharge technology. Although this transition is currently limited to large en medium sized companies, it is a definite indicator of the type of business opportunities that are to emerge in the short/medium term.

The ever increasing water scarcity and deterioration of water quality needed for specialised applications, along with stringent discharge norms have been the defining reasons for additional thrust in the water and wastewater segment. Thermax is well positioned to leverage on the available opportunities in the public sector water and waste solutions space.

Thermax was the first in India to:
•Develop new biological processes for waste water treatment
•Recycle Industrial Waste Water through membrane process
•Build Sea Water RO Plant on a large scale
•Recover metal salts and purify acids from waste water
•Treat Bio-Medical Waste and recover heat

Having served the water and wastewater market for over three decades, Thermax has all the prerequisites to provide sustainable solutions to select municipal corporations. Thermax today is well equipped with a range of technology solutions for sewage treatment, water recycle, sea water desalination, and waste to energy applications.

In July 2009, Thermax Limited signed technology agreements with two global leaders, viz., GE Water, USA and Wehrle Umwelt GmbH, Germany for advanced wastewater treatment.

Under the first agreement, GE's ultrafiltration and membrane bioreactor (MBR) technology will be utilised by Thermax for wastewater treatment, reuse and process water in India's commercial and institutional sectors. It is estimated that the need for advanced wastewater treatment for India's commercial and institutional sectors is expanding more than 50% per year. This demand is driven by new regulations related to recycling of wastewater. As this technology application is in its infancy, there is also a huge potential for the use of MBR in treating municipal wastewater for recycling, reuse and discharge.

The second agreement provides for the distribution of GE's reverse osmosis (RO) membranes to customers in India for water and wastewater treatment applications. Industries are now adoption membrane-based solutions for water treatment. With its strong regional reach, Thermax will expand the film composite, spiral-wound RO element manufacturing facility at Hoskote, Bangalore to support India's growing requirements.

Thermax Limited and Wehrle Umwelt GmbH, Germany, have signed a technology agreement for treatment of hard-to-treat industrial effluents, which are "highly loaded" in terms of biological and chemical oxygen demand (BOD and COD) in water bodies.

The technology tie up will address pharmaceutical and bulk drug manufacturers, dyes and pigments, chemical, pulp and paper, and distilleries. Increasing shortage of water and rising pollution in water bodies have made treatment and recycle of effluent a viable option for industries. The agreement will provide them advanced membrane based waste water treatment technologies to treat the effluent, before being discharge or reused.

Clean water is an essential ingredient to economic growth and development - and investing in water and sanitation has high economic and social returns.

There is an urgent need to step up research, monitoring and assessing of water quality at global, regional and local levels. Scientific findings from research should inform sound policy formation and implementation. Furthermore sufficiently funded and manned regulatory functions are required to ensure compliance with and enforcement of rules and regulations.

Water quality impacts every one of us, and our lifestyles impact the quality of our water.