Posted by Judith Fox, National Director, Policy & Publishing on 09/12/2015
It’s important in any workplace for all staff and executives to understand who in the organisation has the authority to make which decisions. Currency traders have to know what risk limits apply to their trading activities. Employees needing to travel for work need to know whether they can book the travel or if it needs to be approved, while frontline employees need to know if they can offer discounts to customers in particular circumstances. And senior managers looking to engage a service provider need to know if they have the power to do so.