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hypertext transfer protocol://www.nkfs.org/index.php?option=com_content&task=view&id=one hundred forty-five&Itemid=96 http://en. wholeexperts.com/e/t/t/t.t_durai.htm 1) earlier=KPMG show that the actor NKF tabular array delegated all powers to the Executive Committee, which in turn delegated most, if non all, powers to the former Chief Executive Officer, Mr TT Durai. The Board was by and large an ineffective one, which resulted in the parsimony of power and authority in Mr TT Durai. 2) After= The stark naked NKF Board consists of a impanel of eminent professionals who are experts in their respective fields. Their roles and responsibilities are intelligibly spelt out and wholesome delineated from the executive vigilance and staff. The Board has also form 7 committees in betoken of specific areas: Audit Committee, finance Committee, Legal/Governance Committee, HR/Remuneration Committee, Investment Committee, nominating address Committee and Medical Committe e. 3) Before=Under the former NKF management, the NKF did not have a form-only(prenominal) remuneration form _or_ system of presidential term nor a comprehensive HR policy on staff benefits, which led to the apparent arbitrary goal and awarding of promotions, earnings increment, action bonus and other discretional payments. 4) After = Now, the NKF has new HR policies that contain deport guidelines masking piece all aspects of staff benefits and entitlements as well as HR processes. few of these polices are already in force composition others, homogeneous the new wage policy, will be introduced from 1 Jan 2006. When the earnings policy is implemented, the NKF will have a clear salary and grade structure and in that locationfore a advancement racetrack for its staff. It will define salary ranges, annual increments, performance payments and there will be defined processes. 5) The former NKF Board had a Finance Committee, but was largely ineffective. KPMG found many breaches of state purchasing po! licy and noted inadequacies in finance and news report controls. 3.3.2. The new NKF Board has put in transport a clear finance policy...If you want to get a proficient essay, order it on our website: BestEssayCheap.com

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