How would you effectively communicate and link organizational objectives, values and standards to employees individual and group’s responsibilities?
Effective communication helps us better understand a person or situation and enables us to resolve differences, build trust and respect, and create environments where creative ideas, problem solving, affection, and caring can flourish. As simple as communication seems, much of what we try to communicate to others—and what others try to communicate to us—gets misunderstood, which can cause conflict and frustration in personal and professional relationships. By learning these effective communication skills, you can better connect with your spouse, kids, friends, and coworkers.
Managers need to measure progress, offer feedback, and direct their teams if they want to succeed. Make sure that organizational activities are consistent. Policies and procedures help ensure that efforts are integrated. Make organizations effective. Organizations need controls in place if they want to achieve and accomplish their objectives. Make organizations efficient. Efficiency probably depends more on controls than any other management function.
To meet their responsibilities as plan sponsors, employers need to understand some basic rules, specifically the Employee Retirement Income Security Act. ERISA sets standards of conduct for those who manage an employee benefit plan and its assets Meeting Your Fiduciary Responsibilities provides an overview of the basic fiduciary responsibilities applicable to retirement plans under the law.
This booklet addresses the scope of ERISA's protections for private-sector retirement plans sponsored by It provides a simplified explanation of the law and regulations. It is not a legal interpretation of ERISA, nor is it intended to be a substitute for the advice of a retirement plan professional. Also, the booklet does not cover those provisions of the Federal tax law related to retirement plans.
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